Back


Job Detail

Compliance Consultant, Regulatory Compliance - EN JR25080059 Waterloo

Manulife

Waterloo, Ontario

Compliance Consultant, Regulatory Compliance - EN JR25080059 Waterloo

Manulife

Waterloo, Ontario
 
Salary: $71,925.00 CAD - $119,875.00 CAD
 

As a Federally Chartered Bank and Federally and Provincially regulated Trust Company, Manulife Bank and Manulife Trust (“Manulife Bank”) are subject to numerous legislative requirements including the Bank Act, the Trust and Loans Company Act, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and the Personal Information Protection and Electronics Document Act, among others.

Reporting into the Director of Regulatory Compliance, the Compliance Consultant, Regulatory Compliance, is responsible for helping support the effective operation of Manulife Bank’s Regulatory Compliance program, including the maintenance of all relevant regulatory compliance management records, risk and control assessments, evidence of controls and providing of effective challenge.

The Compliance Consultant, Regulatory Compliance is an experienced professional with expertise in reviewing and interpretating legislation and documenting requirements in plain language.  The Compliance Consultant must also have experience working with regulators and have an understanding of Bank industry issues impacting the business units of the Bank.

In addition to the Bank Compliance team, this role interacts with senior leaders, our Legal department and broader compliance teams.

Position Responsibilities:

  • Providing strategic support and direction, including acting as a team player and contributing to a positive and productive work environment.

  • Supporting the review, interpretation, and summarizing of applicable legislation to ensure relevant stakeholders understand the requirements and actions needed to meet compliance requirements.

  • Triaging and responding to complex questions from our business partners, conducting marketing reviews and support, and providing privacy consultation to ensure the safety and security of customer data.

  • Supporting senior team members on digital transformation initiatives taking place within the business and providing guidance to colleagues based on technical legislative requirements and controls to mitigate risk.

  • Reviewing of business processes, policies, training and other documentation to meet current regulatory requirements.

  • Triaging and supporting the review of external public facing communications to ensure compliance and applicable policy requirements are observed.

  • Providing training to our business partners regarding legislative requirements and regulatory compliance management concepts, including first, second, and third line of defense.

  • Providing training and educational seminars for our business partners including Operations, Product, Marketing, Digital Teams, Distribution and Finance.

  • Providing both verbal and written direction to our business partners to ensure understanding and compliance with the regulatory requirement(s).

  • Using technology to enhance the tracking initiatives and inquiries to find efficiencies and support the business.

  • Executing ad hoc tasks that may be assigned from time to time.

Required Qualifications:

  • Experience or familiarity with Regulators including FCAC and OSFI.

  • Ability to review, interpret and document legislation and regulatory requirements.

  • Highly organized and is able to prioritize work in a fast-paced environment.

  • Excellent written and verbal communication skills, with the ability to simplify complicated messages.

  • Ability to readily recognize and evaluate the impact of current or potential compliance issues.

  • Ability to quickly understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, make practical recommendations and exercise good judgment in escalating issues.

  • Proven interpersonal, negotiation and relationship management skills. Must be able to exchange and clarify details of information in a controlled and confident manner.

  • Ability to work with fluid and changing accountabilities.

  • Team player who is willing to assist team members on projects and assist in sharing workloads when necessary.

  • Ability to work independently and in a team environment.

  • Ability to work with multiple objectives, conflicting priorities and complex issues.

  • Ability to interact effectively with management and counterparts in other business units.

  • Professional attitude and adherence to a high ethical standard.

Preferred Qualifications:

  • Legal background would be considered an asset.

  • Specialized compliance expertise and/or legal experience working in financial services.

  • Subject matter expertise in banking legislation, products and procedures in various operational areas is desirable.

  • Ability to use applications including Windows, Microsoft Office, Excel, PowerPoint and Archer (preferred).

Key Skills:

  • Must be able to exercise judgment in quickly identifying issues, challenging courses of action, and assessing risks.

  • Must be able to easily develop recommendations and modify plans as business conditions change.

  • Balance business needs against the policies, procedures and practices necessary to ensure compliance with regulatory obligations.

  • Influence others on compliance issue resolution without direct authority and be a strong facilitator.

  • Deal with sensitive issues that could be exposed to the media or regulators.

When you join our team:

  • We will empower you to learn and grow in the career you want.

  • We will recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we will support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$71,925.00 CAD - $119,875.00 CAD

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions.

Jen Warrington at jen_warrington@manulife.com

About Manulife

Manulife is a leading international financial services group that helps people make their decisions easier and lives better.   We provide financial advice, insurance as well as wealth and asset management solutions for individual, groups and institutions. 

Are you looking for unlimited opportunities to develop and succeed? We offer work that challenges and makes a difference within a flexible and supportive environment, so you can help our customers achieve their dreams and aspirations.  We offer a wide variety of roles across our many locations in Canada, including opportunities in Customer Service, Sales, Marketing, IT, Human Resources and much more.  Think big. Get it done together. Own it. Do the right thing. And share your humanity. Find out what Manulife can offer you!