Job Description

About Us:

As a leading Canadian wealth management organization, Richardson Wealth offers the personal touch of a boutique firm while delivering big results. With offices across the country, we are home to some of Canada's best investment advisors. We've embarked on an exciting growth phase - a multi-year transformational journey to enhance our entrepreneurial, high-performing, advisor-centric culture.

Where we're going:

We want to be the brand of choice for Canada's top advisors and their high-net-worth clients. We also have an ambitious growth strategy to triple our Assets under Administration (AUA) to $100 billion by 2027.



To reach our goals, we are making strategic investments in technology, real estate and, most importantly, our people.



Position Overview

The primary responsibilities of this role is as an experienced resource for employees and other industry-related professionals regarding industry regulations, with a focus on AML. This role will be geared towards enhancing the AML program, responding to queries of the Investment Advisors and their teams, Branch Management Team and other departments. This role also acts as an escalation point for the Compliance Advisors.

Duties and Responsibilities

Execution of the AML program including unusual and/or suspicious activity reviews and management of Clients noted in ongoing scrubbing Conduct oversight of daily and monthly AML transaction and account reviews Identify trends developing in client accounts with an emphasis on AML/ATF unusual transactions, conducting detailed analysis and escalating concerns where necessary Strategic oversight and commitment to creating documented and repeatable processes, that encourage efficiencies and more digital solutions Governance and documentation for management of high risk clients approvals and account activity as outlined by FINTRAC and in Investment Industry Regulatory Organization of Canada (IIROC) policies and other regulatory/corporate guidelines Support vendor management with external parties as it relates to AML/ATF screening functionality and configuration Monitor business conduct for risk resulting from regulatory non-compliance and recommend course of action Exercise due diligence in following Richardson Wealth (RWL) procedures, policies and guidelines Continually evaluate and lead enhancements to the effectiveness of departmental procedures and participate in developing, maintaining and implementing changes to the policies and procedures Maintain an in-depth understanding of compliance and AML requirements for the industry and share knowledge, issues and challenges as well as sustain knowledge level for regulations Provide guidance and support to Branch Management regarding Compliance and AML policies and procedures, including effectively communicating requirements Effectively communicate with Senior Management as it relates to concerns and/ or requirements, including the reporting of key metrics Assist with regulatory requests and filings as required (eg. STRs) Liaise with Operations, Compliance and Credit on Compliance related issues where required Other projects as assigned

Qualifications

Minimum 5 years of experience in a compliance role, preferably with a CIRO dealer, or similar background (e.g. Investment dealer) Strong verbal and written communication skills Strong understanding of how the investment/securities industry functions and be able to apply that knowledge to RWL internal processes Strong understanding of regulatory requirements and industry rules across Canada Ability to use initiative and work with minimal supervision Leadership skills and exercise good judgment on regulatory and supervisory issues Self-motivated and interested in ongoing learning and professional development (including attendance of regulatory or educational conferences and seminars) Working knowledge of MS Applications including Word, Excel, Access, and PowerPoint Strong computer and technology skills and familiarity with industry software would be an asset (including Dataphile, PortfolioAid and Open-Source Ticket Request System (OTRS))

Education

University degree or college diploma Completion of the Canadian Securities Course (CSC) Completion of ACAMs or equivalent an asset

#LI-Hybrid

Why Apply:

Our firm is only as good as the people who work here. Our employees are exceptional because they combine in-depth expertise with enthusiasm, and empathy. From our front office talent to our colleagues behind the scenes, we have one focus: to ensure our people thrive here more than anywhere else. Are you innovative, self-driven, and client-centric?



If so, we're ready to invest in you.



Richardson Wealth is an equal opportunity employer and committed to providing a diverse, equitable and inclusive environment. We are happy to meet your individual needs in keeping with the Canadian Charter of Rights and Freedoms and the Accessibility for Ontarians with Disabilities Act. Candidates may request accommodation at any point during the interview process.



We are a proud partner of Pride at Work Canada.