Senior Director Compliance (Tier 2 Supervision)

Job Description

About iA Private Wealth:

iA Private Wealth is a leading wealth management firm with one of the largest networks of independent advisors in Canada and managing over $45 billion in assets under administration. iA Private Wealth belongs to iA Financial Group, a renowned financial services provider for more than 129 years. As one of the largest publicly traded companies in the country, iA Financial Group serves more than 4 million clients and manages more than $197 billion in assets. This powerful partnership offers the best of both worlds: comprehensive wealth management solutions supported by the business philosophy of iA Private Wealth Management, as well as the strength and stability established by iA Financial Group.

Position Overview:

The Senior Director Compliance, Tier 2 Supervision will oversee Managed Program, Insurance and Capital Markets.

This position reports to the Chief Compliance Officer and Vice-President iA Private Wealth (CCO) who is responsible for all compliance and risk strategies, policies, and processes for all of iA Private Wealth.

The Senior Director Compliance will support the CCO in carrying out its functions and ensuring the compliance system satisfies complex regulatory requirements in a dynamic environment where new risks are continually presented. As a Senior Director and leader, this person will also play a strategic role in challenging and helping the CCO to continuously improve the compliance program at iA Private Wealth and develop solid relationships with the business and its agents. This role will also act as an experienced resource for employees and agents to help ensure compliance with applicable securities requirements and internal policies and procedures.

The Senior Director Compliance will oversee all aspects of the tier 2 supervision program (including trade conduct compliance), managed program, insurance, and capital market compliance. In addition, he or she will help with product oversight. In particular, he or she will assume the following responsibilities:

• Lead, guide, and develop a team of 20 professionals located across Canada (mainly in Montreal and Toronto) and assure its performance in alignment with the iAPW values

• Attract, retain and foster the professional development of top talent

• Challenge the statu quo and improve and maintain the tier 2 supervision program (including trade conduct compliance), managed program, insurance, and capital market compliance program to ensure an effective compliance oversight function

• Identify and implement opportunities to enhance risk management, productivity and operational efficiency, particularly in the area of process automation and work simplification

• Stay abreast of changes in the regulatory framework to stay competitive and to improve our processes accordingly

• Implement and present to the CCO key performance indicators, reports on product oversight, and reports on trading supervision and trends

• Advise employees and advisors on iAPW policies and regulatory matters and identify training needs of team members to improve knowledge of the industry

• Forecast trends and provide guidance to internal partners to support the implementation of appropriate changes

• Participate and contribute to compliance and business initiatives aimed at developing new products and services and new processes to create efficiencies and support the business in its client and advisor experience initiatives

• Work with cross-functional groups on ongoing changes to compliance requirements and risks reporting

• Develop relationships with business partners and advisors to continue to improve collaboration and implement a strong compliance culture

• Work with iA Affiliate Compliance teams to ensure a uniform standard of compliance that leverages the strengths and expertise of the wealth management group of companies

• Attend relevant industry events and forums to keep abreast of the evolving regulatory environment and various industry initiatives and issues

• Build a network of industry contacts to gather competitive intelligence and best practices

• Perform other responsibilities prescribed by the CCO

Required competencies:

• A bachelor's degree in the financial industry field, preferably in law

• At least 15 years of experience in the financial industry

• At least 5 to 7 years of experience as a manager

• In-depth knowledge of securities industry rules and regulations and financial products and services

• Knowledge of surveillance/trading systems and Canadian market structure

• Excellent interpersonal and communication skills

• Excellent organizational and analytical skills

• Ability to prioritize and execute multiple initiatives, projects and tasks with effective leadership

• Strong judgment, analytical and strategical thinking skills and high degree of ethical integrity

• Excellent problem-solving skills and attention to detail

• Orientation towards customer service with the objective of providing effective solutions

• Availability to travel

Location(s)Toronto, Ontario

Other Possible Location(s)
CompanyiA Private Wealth Inc.

Posting End Date2025-02-10

Company Overview

iA Financial Group is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we’re invested in you.

Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, please Contact us here. Someone from our team will be happy to assist you with your needs.