Regulatory Compliance Quality Assurance Analyst
DUCA
- Toronto, ON
- Permanent
- Full-time
- Develop quality control and assurance policies, programs, templates, and procedures, including sampling methodology and annual QA plan.
- Conduct regular QA reviews across all aspects of the Regulatory Compliance programs and issue clear and concise documentation of QA activities performed and drafting reports outlining the results of those activities.
- Identify areas of risk and make recommendations on operational improvements, processes for compliance, quality assurance, and additional training essential to mitigate risk.
- Assist in developing, implementing, and maintaining the Monitoring and Testing Program as well as the oversight processes to support the Regulatory Compliance program and reporting.
- Conduct regular quality control checks to validate the effectiveness of the AML system and other regulatory compliance related systems/reports.
- Ensure that findings raised within the Issue Management Framework are completed in a timely manner.
- Assist with the implementation and maintenance of DUCA’s organizational regulatory compliance risk management software i.e. Resolver system.
- Apply regulatory rules, policies, and sound judgement to respond to quality control and assurance related inquiries from business units and validate adherence to applicable regulatory requirements and internal policies through re-testing.
- Remain current and knowledgeable of the governing legislations and regulatory requirements applicable to DUCA, as well as training and audit approaches.
- Undergraduate degree or equivalent.
- Knowledge of relevant policies and best practices related to AML, FATCA/CRS, Privacy and CASL.
- Professional certification(s) (i.e. CAMS, CIPP), an asset.
- 3-4 years experience in a compliance, audit, risk, or governance role, in a financial services organization.
- Experience and knowledge of compliance monitoring and testing methodologies for adherence to applicable regulatory requirements and internal policies.
- Proficient in MS Office products, specifically Excel, Word, and PowerPoint.
- High level of integrity with the ability to deal with confidential and sensitive Member and employee information with a high degree of professionalism.
- Strong research and analytical skills to monitor and analyze regulatory requirements and relate them to business processes, regulatory risks, and compliance controls and to support a broad range of projects.
- Ability to make decisions independently using sound judgment, work well under pressure and shifting priorities while meeting multiple or conflicting deadlines.
- Meticulous attention to detail and very strong organizational and prioritization skills
- Ability to interpret and operationalize regulatory requirements.
- Excellent verbal and written communication skills with strong interpersonal skills to successfully interact, encourage, and influence at all organizational levels, including senior leadership teams.
- Strong execution skills with attention to detail and focus on clear, realistic action steps and
- Ability to handle multiple initiatives and prioritize work to meet deadlines and fulfill the demands of a rapidly changing environment.