Skills

Communication Problem-solving Oral and Written Communication Recruitment Organizational Skills

Job Specifications

JOB STATEMENT:

The Compliance Officer is a key member of the Compliance Department within Worldsource Wealth Management Inc. (“WWM”), having responsibilities for the surveillance of account activities. The primary purpose of this role is to monitor accounts for approved person activities for adherence to firm and industry rules and regulations and to identify, address and escalate (as required) non-compliant situations that present client risk, business risk, regulatory risk and reputational risk. The successful candidate must enjoy working as part of a team, be highly detailed, organized and accurate, and have the ability to work under pressure and meet deadlines. In addition, the candidate must exercise initiative and use independent judgment in the performance of assigned tasks.

RESPONSIBILITIES:

Communicating with Advisors and/or Supervisors regarding the resolution of non-compliant trading practices;
Responding to inquiries presented by branches and head office staff;
Upholding the standards outlined in the WWM Compliance Policies and Procedures manual and applicable industry regulations;
Conducting 2nd tier reviews of WWM approved person activities and ensuring the suitability of investments and other compliant trading practices;
Identifying unsuitable trades and communicating the compliance infractions to the Supervisors and the Advisors in a timely manner;
Reviewing and approving leveraged investment accounts in accordance with firm and industry policy;
Participating in additional tasks and performing other duties/responsibilities as assigned.

QUALIFICATIONS:

Successful completion of relevant securities-related courses and fulfillment of supervisory proficiency requirements
Previous experience working for a CIRO firm, ICPM or fund company with compliance experience or related role
Thorough knowledge of the financial services industry, including understanding of regulatory requirements of CIRO and other regulatory rules/obligations
Experience working with licensed advisors and knowledge of the independent dealer channel
Strong business acumen and the ability to make strategic decisions in times of uncertainty
Analytical and problem-solving skills, with the ability to precisely interpret complex compliance concepts and the ability to simplify complicated messages
Proficiency in the French language is an asset
Proficiency in options trading supervision and managed account supervision is an asset
Experience with platforms such as Dataphile, Portfolio Aid and MAKO is an asset
Excellent oral and written communication skills and excellent organizational skills
Strong knowledge of Microsoft Office applications

COMPENSATION:

Commensurate with experience

If you are interested in applying for this position, please forward a cover letter and resume in confidence to careers@worldsourcewealth.com.

Worldsource is committed to accessibility in employment and to ensuring equal access to employment opportunities for candidates, including persons with disabilities. In compliance with AODA, Worldsource will endeavour to provide reasonable accommodation to persons with disabilities in the recruitment process upon request. If you are selected for an interview and you require accommodation due to disability during the recruitment process, please notify the hiring manager upon scheduling your interview.

We thank all applicants for their interest but only those selected for an interview will be contacted.

About the Company

Worldsource Wealth Management (WWM) is a fully integrated wealth management company focused on building financial prosperity, and a wholly-owned subsidiary of Desjardins Group. It is comprised of: Worldsource Financial Management Inc. (WFM), an independent mutual fund dealer regulated by the Mutual Funds Dealer Association of Canada (MFDA). Over 700 mutual fund advisors across Canada have partnered with WFM, serving the financial planning needs of over 150,000 Canadian investor clients. Worldsource Securities Inc. (WSI), a f... Know more