Job Description

At Coast Capital, we\'re not dreaming about a better future, we\'re building one.

At Coast Capital, we\xe2\x80\x99re not dreaming about a better future, we\xe2\x80\x99re building one.

As a member-owned cooperative, we\xe2\x80\x99re helping our members with their real goals and real challenges so they can live the real life they want. It\xe2\x80\x99s what we\xe2\x80\x99ve been doing for over 80 years, and it\xe2\x80\x99s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community \xe2\x80\x93 almost $90 million since 2000 alone \xe2\x80\x93 because when our members do well, we believe our communities should do well too.

Regulatory Compliance Manager, Regulatory Developments

Oct 28, 2023

Location: Toronto, Calgary, Vancouver

Job Type: Full Time

myWork Options: In-person, Remote, Hybrid

What\'s the job?
As the Regulatory Compliance Manager, Regulatory Developments and member of the Regulatory Compliance Management (RCM) Team, you will contribute to the execution of Coast Capital\'s RCM Program, facilitate business units navigating regulatory changes and ensure operational processes and procedures adhere to regulatory obligations. This role includes continuously monitoring new regulatory developments and other ongoing changes to the regulatory landscape, managing the regulatory library/ inventory of all applicable governing legislation and controls and detecting non-compliance instances, including assessing the materiality of applicable regulatory requirements.

What else will you get to do?

• Identifies, monitors and maintains emerging/changing/new legislation emerging legislation, as well as existing legislation with which Coast Capital must comply
• Analyzes industry emerging trends, laws, and regulations, including review & analysis of regulatory announcements, reports, and legislative changes (e.g. regulatory consultations, proposed guidance, new regulations\xe2\x80\xa6)
• Develops, manages and maintains the listing of all regulatory requirements to which Coast Capital is subject.
• Delivers preliminary applicability assessment and quantifies the potential impact(s)
• Facilitates Coast Capital\'s Business Units to navigate regulatory changes by notifying and communicating with the impacted stakeholders by ensuring that regulatory developments are identified, assessed, and actioned.
• Collaborates and interacts with leadership and key stakeholders at all levels to build a compliance culture on regulatory compliance processes and tools.
• Contributes to the regulatory library\'s continuous improvement, supporting the Regulatory Compliance Management Framework (RCMF).
• Lead, implement, manage and maintain all modules of the primary online regulatory library by making required changes and communicating these changes to the affected owners.
• Acts as the main point of contact for the Oversight Functions that also access/utilize the regulatory library

Who are we looking for?

• Bachelor\'s Degree or equivalent combination of education and experience
• 4 - 6 years of experience interpreting regulations within a Bank or Federally Regulated Credit Union is preferred
• Excellent knowledge of legislation and regulations impacting Federal Credit Unions and Banks
• Knowledge of financial products and services
• Excellent ability to analyze, interpret, synthesize, simplify and communicate complex legislative and regulatory requirements
• Strong project management skills with a proven track record of success with regulatory compliance and technology-based compliance projects
• Experience with technology monitoring systems, willingness to learn and use other technology monitoring systems
• Comfortable dealing with individuals at all levels of the Bank
• Excellent communication skills, both verbal and written
• Strong ability to handle complex issues and a high-volume workload with varied time expectations
• Detailed-oriented with multi-tasking, analytical, time management and organizational skills
• Ability to work effectively both independently and as a team member

Equity, Diversity & Inclusion at Coast Capital

Don\'t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to for everyone - including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you\'re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

We strive to provide an accessible candidate experience for our candidates with different abilities. If you require any accommodations, please contact or call 778-391-5836. We will work with you to meet your needs.

Why join Coast Capital Savings?

• Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
• Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we\xe2\x80\x99re doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
• A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
• Work where you\xe2\x80\x99re most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
• Benefits that flex to the needs of you and your family. We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
• Retirement options. We also take care of our employees once they retire. That\xe2\x80\x99s why we offer the choice of a defined contribution or defined benefit pension plan or RSP\xe2\x80\x99s.
• Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
• Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year. We\xe2\x80\x99re human, which means we like to have fun with events, celebrations, and recognition throughout the year.
• An award winning culture. We\xe2\x80\x99re a Platinum member of Canada\xe2\x80\x99s Best Managed Companies and are regularly recognized by Canada\xe2\x80\x99s Most Admired Corporate Cultures and the BC Top Employers Awards.
• We reinvest 10% back into the community. When we do well, our communities do well. That\xe2\x80\x99s why since 2000 we\xe2\x80\x99ve invested over $90 million into our member\xe2\x80\x99s communities.
• Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

D&I at Coast

At Coast Capital, we value diversity, equity and inclusion. We\xe2\x80\x99re not all the same and we like it that way. We don\xe2\x80\x99t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

Coast Capital Savings