Senior Financial & Operations Compliance Examiner

Position Title: Senior Financial and Operations Compliance Examiner

Department: Financial and Operations Compliance

Location: Toronto

Status: Permanent Full-Time (Hybrid)

Core Responsibilities:

• Perform complex field examinations of the operations of assigned member firms.
• Based on the examination assignment given by the Manager, performs preliminary research and information gathering activities for assigned projects; identify applicable policies and regulations, review prior examination reports and working papers
• Plan the examination of a member firm. This includes performing a risk evaluation of the Member and determining the necessary customization to the standard examination procedures and/or scope. The revised program is reviewed by the responsible Manager, and is approved by the Director
• Review complex financial and/or management procedures to evaluate the adequacy of internal controls
• Interview staff involved in performing the procedures
• Develop documentation describing the workflow; identify desired control objectives (based on defined minimum requirements; identify how control objectives are being met; evaluate risk potential, as required
• Ensure compliance with minimum audit requirements prescribed under CIRO rules and policies

Skills and Competencies:

Must-Haves

• Chartered Professional Accountant designation
• Combined 5-7 years’ experience in the financial sector audit practice of a national accounting firm and enterprise risk management consulting practice, or similar risk management experience at a large financial institution
• Excellent understanding of how to document business processes, identify related internal controls, and develop appropriate compliance tests
• Solid understanding of the objectives of the examination process
• Strong audit and examination techniques, (interviewing, documentation, development of test plans to identify the scope and extent of required testing)
• Superior knowledge of the Canadian Auditing Standards and International Financial Reporting Standards
• Knowledge of Enterprise Risk Management practices in place at large financial institutions
• Ability to communicate complex matters both orally and in writing, in a clear, concise, complete, courteous, and logical manner to ensure Members’ understanding and responsiveness
• Ability to detect, analyze, and evaluate complex deviations, deficiencies, and non-compliance with generally accepted accounting principles and IFRS, internal control objectives, rules and policies

Nice-to-Have

• Completion of the Canadian Securities Course, an asset

What we offer:

• Competitive base salary in alignment with market
• Performance based bonus
• Hybrid work environment
• Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one.
• Defined Contribution Pension Plan with company matching that starts on your first day of employment.
• Paid flex days and sick days
• Vacation days
• Maternity Leave Of Absence /Paternity Leave Of Absence top up
• Paid continuous learning and continuing development including designations.

Why the Canadian Investment Regulatory Organization (CIRO):

Our purpose and our impact: 

With offices across Canada - from Vancouver to Montreal, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. As a regulator, we understand that we are all investors. Therefore, a career with us is a career with purpose, protecting our future. 

Culture and Working Environment:

Life at CIRO is purpose and performance- driven. We foster an inclusive culture where teamwork, a forward-thinking attitude, and integrity are at the core of everything we do. This creates an environment where employees thrive, grow, and are empowered to learn and contribute their best. 

Joining CIRO means becoming part of a dynamic and transparent organization that values accountability and is committed to maintaining the highest standards of regulatory oversight in the financial industry. 

Looking for a career where you can safeguard the integrity of Canadian markets? Join CIRO and be part of the team that secures our financial future. 

Our Commitment: 

CIRO is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). CIRO will provide accommodation to job applicants with disabilities throughout the recruitment process. Should you require accommodation, please contact Human Resources. 

CIRO is a pan-Canadian organization that oversees all investment dealers and trading activity in marketplaces across Canada. This position requires the ability to communicate with employees in CIRO regional offices and other CIRO stakeholders across Canada. Accordingly, proficiency in both official languages of Canada (French and English) is needed. Due to the frequent interactions with internal and external English-speaking members, clients, representatives, firms, Canadian provincial and territorial securities regulators, and employees situated outside of Quebec, the position requires a fully bilingual candidate. 

While we appreciate receiving applications, only those applicants who closely meet the position requirements will be contacted. 

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