Compliance Officer

at  PWL Capital Inc

COMPANY OVERVIEW

PWL Wealth Management is a premier independent Canadian Wealth Management firm. Canadian High Net Worth families entrust PWL to manage their investment portfolios on a discretionary basis and provide holistic financial advice for all facets of their lives.
Financial Planning, Tax and Estate services are delivered via PWL Conseil, and investment management is delivered via PWL Capital which is a Broker Dealer and CIRO member firm. Both PWL Conseil and PWL Capital are wholly owned subsidiaries of PWL Wealth Management, with more than 90 employees.

POSITION SUMMARY

PWL is searching for a Compliance Officer to join an engaging and fast paced environment. The successful candidate will support the Compliance Team and will report to the Chief Compliance Officer. The Compliance Officer will be responsible for implementing and administering all aspects of compliance program and handling all administrative matters thereto. The Compliance Officer will plan, organizes and controls day-to-day administrative and operational compliance activities.
This is an opportunity for someone who is passionate about compliance processes to work alongside a small team committed to providing exceptional service to their clients while also using their expertise to facilitate the development and implementation of operational compliance activities.

QUALIFICATIONS & SKILLS

• Bachelor’s in business administration with concentration in Finance, Bachelor’s in Commerce or equivalent experience required
• 2-4 years of pertinent experience in the securities industry within a CIRO firm.
• French an asset
• Background in accounting or finance sector is an asset.
• Extensive experience with Excel, Word, SharePoint
• Extensive knowledge of legal requirements and CIRO procedures. (FINTRAC, CSA etc.)
• Highly analytical with superior attention to detail in order to identify and correct risky practices
• Must be a strong communicator and capable of expressing oneself clearly both speaking and in writing.
• Possess a collaborative personality and be open to suggestions from team members.
• Exemplify strong knowledge of industry protocols and best practices.
• Excellent analytical skills and ability to accurately interpret complex documents and policies.
• Strong time management and organizational skills and able to meet deadlines.
• Should have a strong moral code and sense of ethics.
• Should have a strong legal and moral integrity.

Must have, or be willing to obtain, a compliance certification in the following:

• Canadian Securities Course is required.
• Conduct and Practices Handbook an asset
• The Investment Dealer Supervisor Course is to be completed within 6 months.
• The CIM designation within 30 months. Chartered Investment Manager (CIM®)

Daily

• Review certain client’s risk rating.
• Complete trade error corrections as required. (once CIRO registered)
• Preparation of the post-trade daily trade review of all non-managed and managed account trades;
• Developing, implementing, and managing an organization’s corporate-wide compliance program
• Coordinating with provincial or territorial regulators
• Planning, implementing and overseeing risk-related programs
• Creating and coordinating proper reporting channels for compliance issues
• Writing and distributing company compliance communications
• Coordinating and scheduling required compliance training for employees

Monthly

• Provide oversight over monthly (any other frequencies) processes to ensure completions.
• Monitor activities to ensure compliance with Policies and Procedures.
• Preparation of UN monthly reporting.
• POS3 monthly compliance review of all pre-mutual fund trade fund fact sheet distribution.

Quarterly

• Preparation of the Quarterly Due Diligence (managed accounts supervision) audit for review and distribution to the PWL Advisors teams.
• Preparation of the deposits and withdrawal report for suspicious activities (AML)

As required

• Oversee the Continuing Education credits completion for all CIRO registered employees;
• Follow up on the annual attestations and AML courses
• Maintain a watchful eye on all on-going regulatory developments and changes (CSA, CIRO FINTRAC, IRS), analyze the impact to PWL policies and procedures, and propose appropriate changes to the CCO;
• Participate in projects as required.

Location: Hybrid, office presence required once a month in Ottawa or Montreal