Compliance Manager (FCC -Fidelity Clearing Canada) Full Time

You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.

Current work authorization for Canada is required for all openings.

Company Overview

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services – and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best – both personally and professionally.

Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.- based firms.

For more information about Fidelity Clearing Canada, please visit https://clearing.fidelity.ca/

The Opportunity

The Compliance Manager will assist the Director, Compliance and the Chief Compliance Officer (CCO) in ensuring that FCC meets all its regulatory requirements in trading, clearing, and custody business. Role will entail representing FCC Compliance on internal project committees, including but not limited to the Automation Project. In addition, position will involve direct responsibility for regulatory reporting and acting as a backup to other members of the FCC Compliance team. Position also involves direct responsibility for compliance related testing as well as acting as backup for testing performed by other members of the FCC Compliance team. Incumbent will be required to lead regular reviews and will co-lead management and implementation of new compliance initiatives. Position also involves direct participation, in some cases acting as lead for internal/external regulatory audits. The position reports to Director, Compliance.

What You’ll Do

Compliance and risk support

Advise, train, and develop awareness of compliance related issues among FCC employees and Automation Project teams.

Interpret both internal policies and regulatory instruments to resolve complex issues for FCC and clients.

Collaborate with internal partners to increase process efficiencies.

Assist with updating and review of new or existing policies and procedures annually or as required.

Act as a backup for response to regulatory requests.

Assist in answering in compliance inquiries, include but not limited to money movement, general compliance related questions and escalations.

Incident escalation and management

Ensure all incidents are escalated appropriately to the Director, Compliance and/or Chief Compliance Officer.

Assist with regulatory reporting of high-risk items to either FINTRAC or CIRO.

Record keeping and retention of all back up materials.

Training

General ad hoc training and knowledge share within the Compliance team and/or any internal projects that you are included in as a Compliance SME.

What We’re Looking For

University Degree in a related field or equivalent experience

5+ years of experience in broker/dealer relations, compliance, and/or operations, with a strong focus on complex account opening, KYC, AML or regulatory compliance.

Ability to collaborate effectively with cross-functional teams, including operations, compliance, legal, audit and risk.

Ability to work well to deadlines and proactive, organized and capable of managing multiple priorities.

Strong inter-personal skills, especially the ability to work well with partners and senior management to resolve sensitive issues.

Bilingual in French is an asset

Experience managing cross functional projects, related to process improvement, compliance technology implementations

Understanding of internal controls and development as well as test is an asset

In-depth knowledge of regulatory frameworks related to account opening, AML, KYC, and complex client structures.

Comprehensive knowledge of Canadian financial regulations, including FINTRAC, CIRO, CSA, QI, FATCA, CRS and relevant securities law.

Excellent written and verbal communication skills as well as presentation skills.

Detail-oriented with strong analytical and problem-solving skills.

High level of proficiency with Microsoft Excel and PowerPoint, and other Microsoft applications.

Fidelity Benefits and Perks!

100% remote and hybrid work arrangements

Competitive total compensation package

Opportunity to participate in Fidelity profit-sharing program

Company contributes into your RRSP, without a matching requirement from you

Health benefits and coverage, with no requirement for employee paid premiums, including up to $5000 for therapy

Health Care Spending Account

TELUS Health Virtual Care app

Health and Fitness Reimbursement

Up to $650 for home office equipment

Generous time off policy

2 paid days annually to volunteer

Access to over 11,000 training and development courses

Tuition reimbursement

Monetary awards for completing a required designation

Annual dues reimbursement for professional designations

Pregnancy/Parental/Adoption Leave – Fidelity will top-up to 100% of your salary for a period of 25 weeks

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at FidelityCanadaStaffing@fidelity.ca.

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada’s Top 100 Employers
o Greater Toronto’s Top Employers
o Canada’s Top Family-Friendly Employers
o Canada’s Top Employers for Young People

• Great Place To Work® Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Today’s Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams

• LinkedIn Top Companies in Canada

• Human Resource Director (HRD) – Best Place To Work
o HRD – 5-Star Benefit Program
o HRD – 5-Star Diversity & Inclusion Employer

Designations
• Canadian Compassionate Companies – Certified
• Benefits Canada’s Workplace Benefits Award – Future of Work Strategy
• TalentEgg National Recruitment Excellence Award – Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter’s Most Innovative HR Team