Compliance Analyst

• Business group: Global Compliance GBM&T Management – GBM&T Compliance is part of the Bank’s Global Compliance function. We support the Global Banking & Markets (Capital Markets) and Group Treasury businesses. GBM&T Central Compliance is a sub-group within GBM&T Compliance, the key mandate is to support our regional GBM&T Compliance teams to execute the Bank’s Compliance Risk Management Program.
• Project: The Bank is required to review the Regulatory Library every three years, including every field and mapping of each regulatory requirement, and key controls mapped. While the Bank is developing a strategic approach for this review, a tactical approach needs to be executed in parallel to show continuous progress for this work.
• We need contractors to help with the tactical deliverables in the short term. The tactical approach requires subject matter experts to review the library and confirm all the requirements in the “Review Checklist” is completed; where remediation is required, liaise with action owners to remediate the observation / raise an issue to track the remediation. The focus of the work for the contractor will be Asia Pacific (main focus) and potentially Europe and United Kingdom related

• Review existing regulatory requirements in the Regulatory Library, validate accuracy and completeness of the requirement details vs. the official source. Reasonably review and challenge the other mandatory fields, such as prioritization of the regulation, whether the regulation is local vs. extraterritorial, appropriateness of the business units and/or control & support functions tagged to the requirements, and whether the key controls mapped are effectively mitigating the regulatory compliance risk of the requirements. In some cases, self-serve AI tool is available to help with the review.
• Work with key stakeholders to discuss identified gaps and observations, resolve the gaps where appropriate, or work with action owners to raise an issue to resolve the gaps.
• Track progress of the review and provide periodic reports to management.
• Verifying accuracy of obligations in library and that metadata fields are reasonably populated, applicable business units that are mapped to the obligation are reasonably complete and accurate; key controls currently mapped are reasonably complete ; there are checklists and AI prompts but needs hands-on manual review

• The successful candidate will have the opportunity to gain working experience with the GBM&T Compliance teams in different regions and have a chance to network with international stakeholders within one of the big 5 Canadian banks.
• It is also a great working opportunity to gain experience to work with relatively complex regulations and gain understanding of the business activities and how they relate to the Regulatory Library.

• 5+ years of experience in regulatory compliance, preferably within the Capital Markets industry with Regulatory Library experience/knowledge.
• Demonstrated understanding of regulatory requirements in Asia, (specifically for China, Japan, and Singapore), and ability to identify potential gaps precisely.
• Demonstrated experience in effectively communicating with and managing multiple stakeholders
• Ability to work independently with minimal support on a day-to-day basis is critical.
• Intermediate Excel skills (pivot tables)

• Regulatory requirements knowledge for Canada, Ireland, European Union, United Kingdom, and/or United States is an asset
• Experience with IBM OpenPages
• Experience with PowerBI dashboards

• Strong communication skills – written and verbal
• Excellent analytical, problem-solving and troubleshooting skills
• Ability to work independently and within a team
• Strong organizational, and interpersonal skills, including but not limited to prioritization, effective time management, and conflict management
• Self-motivated, results driven, and the ability to work with tight timelines: Need to relentlessly follow-up to ensure successful identification of in-scope activities to complete the task in time
• Ability to communicate with all levels of stakeholders

• Bachelor’s degree- in business, legal, or a related field

• Best candidate has worked in this field – regulatory library – previously with a good understanding of what the library entails, in Asia
• Average – know a little bit about compliance program and Asia knowledge

• 1 round – MS Teams Video interview – with HM and senior manager responsible for the program – 30 minutes – standard interview

• AI is not used to screen, assess, or select candidates.
• This role reflects an existing vacancy at the time of posting.

ProViso Consulting