Advisor, Regulatory Risk Management
City : Montreal
Category : Full Time
Industry : Financial Services
Employer : Laurentian Bank
Seeing beyond numbers.TM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank.
This role is part of the Regulatory Compliance Management (RCM) Monitoring & Testing Team which reports to the Chief Compliance Officer (CCO) and conducts independent reviews across the enterprise to reasonably assure, using a risk-based approach, the adequacy of, adherence to, and effectiveness of day-to-day compliance procedures.
The Advisor, Regulatory Risk Management, is a key resource for that supports the RCM Monitoring & Testing Team with compliance reviews include planning, fieldwork, reporting, assessment of remediation plans and oversight of their implementation until gaps are resolved.
This role sits within Laurentian Bank.
This role is part of the Regulatory Compliance Management (RCM) Monitoring & Testing Team which reports to the Chief Compliance Officer (CCO) and conducts independent reviews across the enterprise to reasonably assure, using a risk-based approach, the adequacy of, adherence to, and effectiveness of day-to-day compliance procedures.
The Advisor, Regulatory Risk Management, is a key resource for that supports the RCM Monitoring & Testing Team with compliance reviews include planning, fieldwork, reporting, assessment of remediation plans and oversight of their implementation until gaps are resolved.
#LI-MM1
Responsibilities
- Support second line of defence compliance testing activities (independent testing and quality assurance reviews). Provide reasonable assurance that controls are in place and are designed and operating effectively to ensure compliance to laws and regulatory requirements and to the Bank's standards
- Ensure that entries in the Resolver System meet RCM standards and provide effective challenge where required to ensure the system is maintained and updated appropriately
- Lead or support desk reviews / prepare questionnaires to first line compliance on topics assigned
- Support governance initiatives to enhance current processes within the team to ensure levels of organization, oversight and audit trails are maintained
- Through the maintenance of the RCM mailbox and RCM system, help other business units with their enquiries on regulatory matters, action plan follow-ups and various other matters as needed
- Manage information generated or sent by business units (e.g., issue tracking, action plans, training, 1st line self-assessments, responses to second line compliance testing performed, etc.)
- Support the monitoring and tracking of regulator engagements across the Bank
- Support the preparation of materials for the annual attestation of the Chief Regulatory Risk Management Officer
- Ensure proper documentation of findings and supporting work. Verify work was completed in line with testing methodology
- Support the enterprise wide compliance reporting of the Chief Regulatory Risk Management Officer
- Prepares, assist and take meeting minutes for the Regulatory Risk Management Committee
- Proactively monitor, participate in and contribute to various enterprise wide regulatory initiative
- Perform all tasks of similar or general nature requested by his or her superior or required for the job
Qualifications
- University degree in a related field and minimum three years of relevant experience on a risk management team / Compliance / Internal Audit within a financial institution
- All other combinations of education and experience may be accepted
- Autonomous and proactive with sense of initiative
- Considerate, tactful and works well with others as part of a team
- Rigorous and thorough
- Timely and quality delivery
- High integrity
- Required Qualification - Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages
Equity, Diversity & Inclusion
We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.
Accessibility
Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.
We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.
Accessibility
Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.