Compliance Analyst, Monitor & Test

Company: CGL

Department: Compliance

Employment Type: Regular Full Time

Work Model: Hybrid

Language: English is required, French is an asset.

Additional Information: This/these role(s) is/are currently vacant.

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.

The Enterprise Compliance function is recruiting two (2) Compliance Analysts to support the execution of the Compliance Monitoring & Testing Program by carrying out assurance engagements to evaluate adequacy of business controls in connection with regulatory requirements.

As a Compliance Analyst, you will work to enhance the strategic compliance mindset and provide technical and business support for compliance functions.  You will build partnerships across the organization to strategically plan, analyze and report on regulatory controls, including presenting findings and recommendations to ensure compliance objectives are met.

How You Will Create Impact:

• Plan, lead and execute compliance monitoring & testing reviews and investigations, write comprehensive reports, and escalate issues to senior management.
• Contribute to the Monitoring & Testing Program and framework for all regulatory requirements and understand and identify new laws and regulatory trends within the compliance risk universe.
• Support the review and analysis of business area solutions, processes/ procedures and practices against defined regulatory requirements to ensure they are sound, complete and effective.
• Monitor compliance activities to identifying gaps, proactively engage with business partners to ensure issues are addressed and escalate any significant breaches.
• Build sound understanding of current and future business processes and endeavor to provide optimal support, advice and guidance to business areas as a 2nd line function with a consistent approach.
• Manage technical processes related to compliance programs, including database development, liaising with vendor/programmer, validating requirements, and working with stakeholders to ensure objectives being met on an ongoing basis.
• Collaborate with business partners to plan and ensure effective implementation of regulatory requirement solutions.
• Provide training and coaching to stakeholder teams to solicit and document monitoring and testing requirements, identify business process issues and risks, and investigate and recommend solutions.

How You Will Succeed:

• You have excellent organization, scheduling, time management and multi-tasking skills and ability to apply meticulous attention to detail in this busy environment.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions. 
• You have excellent communication skills, both written and verbal, to clearly convey messages and explore diverse points of view.  
• You have the ability and initiative to take on new and challenging assignments.

To Join Our Team:

• You have 1-3 years of experience within the financial services and/or insurance industry, with knowledge of and/or expertise in compliance monitoring & testing, audit or related field.
• You have completed a Bachelor’s degree in a relevant discipline (Business, Law, or other) from an accredited college or university.
• You have or are willing to obtain compliance-related designations (e.g. CIP/FCIP, LOMA, CRM)
• You have solid working knowledge of the insurance and financial industry and compliance operations.
• You have a good understanding of project plans and project management life cycle.
• You have expertise in understanding and executing of a variety of compliance initiatives/programs e.g. regulatory and legislative compliance

What You Need To Know:

• You will travel occasionally. 
• Detail oriented work that requires a high degree of mental concentration for extended periods of time. 
• You will be subject to a background check as a condition of employment, in the event you are the successful candidate.

What'S In It For You?

• Training and development opportunities to grow your career.
• Flexible work options to support personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Volunteer opportunities to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.