Senior Manager, RCM Program Governance and Reporting
at EQ Bank Equitable Bank
Toronto, ON, Canada -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 24 Oct, 2024 | Not Specified | 28 Jul, 2024 | 5 year(s) or above | Rcm,Compliance Management Systems,Employee Training,Finance,Continuous Improvement,Accountability,Change Management,Management Skills,Risk,Timelines,Regulatory Compliance,Deliverables,Maintenance,Assessment,Leadership Skills | No | No |
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Description:
Purpose:
The Senior Manager, Governance and Reporting is responsible for developing and coordinating governance activities associated with the Bank’s Regulatory Compliance Management (RCM) program as well as the development and coordination of compliance reporting. This role ensures that the organization’s compliance framework is effectively communicated and adhered to, and that reporting is accurate, timely, and in accordance with internal policies and procedures.
KNOWLEDGE/SKILL REQUIREMENTS:
- A bachelor’s degree in law, finance, business administration, or a related field, with a minimum of 5 to 7 years of experience working within the Compliance function at a regulated financial institution in Canada. Experience should include exposure to regulatory compliance, risk management disciplines and best practices;
- Extensive knowledge of regulatory compliance, governance principles, and reporting standards
- Proven leadership skills
- Strong project management abilities and attention to detail
- Excellent communication and stakeholder management skills
- Proficiency in compliance management systems and reporting tools
- Demonstrated data management and analysis skills
Job Complexities / Thinking Challenges:
- The role requires the ability to manage multiple projects and stakeholders across different regions and functions, ensuring alignment and coordination of the RCM program objectives, deliverables, and timelines.
- The role involves developing and maintaining effective governance and reporting mechanisms for the RCM program, including risk management, issue escalation, change management, and communication strategies.
- The role demands the capability to analyze complex data and information from various sources, synthesize key insights and recommendations, and present them in a clear and concise manner to senior leadership and other stakeholders.
- The role entails the responsibility to foster a culture of continuous improvement and innovation within the RCM program, identifying and implementing best practices, process enhancements, and automation opportunities.
- The role requires the skill to collaborate and influence cross-functional teams and partners, building strong relationships and trust, and driving alignment and accountability
Authority/Decision Making/Direction Received:
- Receives direction from the Director, RCM, the Chief Compliance Officer and CAMLO and other members of Senior Management as appropriate on significant regulatory and policy matters.
Accountability:
- Enhancing the organization’s reputation by ensuring robust compliance governance and transparent reporting.
- Assist in the development and maintenance of enterprise-wide compliance related policies and programs, employee training, assessment and certification processes to effectively manage risk and comply with regulatory expectations and industry standards;
- Support line management and compliance functions in the assessment and management of compliance and associated risks by providing input in the design, development and implementation of standards, processes and programs specific to their businesses;
- Support the department in reviewing significant new initiatives and changes to products and services, policies, processes and systems to determine whether compliance related risks have been adequately addressed; and
Responsibilities:
- Enhancing the organization’s reputation by ensuring robust compliance governance and transparent reporting.
- Assist in the development and maintenance of enterprise-wide compliance related policies and programs, employee training, assessment and certification processes to effectively manage risk and comply with regulatory expectations and industry standards;
- Support line management and compliance functions in the assessment and management of compliance and associated risks by providing input in the design, development and implementation of standards, processes and programs specific to their businesses;
- Support the department in reviewing significant new initiatives and changes to products and services, policies, processes and systems to determine whether compliance related risks have been adequately addressed; an
REQUIREMENT SUMMARY
Min:5.0Max:7.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Finance
Graduate
Canada
Proficient
1
Toronto, ON, Canada