Examine Dealers’ processes, procedures and supervision for their compliance with trading related Requirements as defined in the Universal Market Integrity Rules (UMIR) and the Investment Dealer and Partially Consolidated Rules (IDPC Rules). In addition, the examiner will participate in the review of trading related aspects of fixed income and OTC products.
Key Responsibilities
The key activities include
Field Work
- Conduct reviews of Dealers’ equity trading records and supervision policies and procedures for compliance with securities industry rules and regulations
- Conduct reviews of Dealers’ fixed income, OTC equity and derivatives procedures and policies
- Analyze results of reviews
- Prepare reports for CIRO management and Dealers about review status, results and analysis
- Advise Dealers of review results
- Evaluate compliance with trading related requirements (UMIR and IDPC Rules as applicable) and ensure identified deficiencies are addressed and where necessary, assist in the preparation of referrals to Enforcement.
Sharing Best Practices
- Advise Dealers of issues found in reviews and key industry concerns
- Advise and support Dealers with effective methods to improve processes and resolve deficiencies
- Respond to compliance related inquiries from Dealers.
Special Projects
Work on projects and industry studies
Prepare and deliver presentations to industry about compliance issues.
Education and Experience
- Successful completion of the Canadian Securities Course, Conduct and Practices Handbook are assets
- Successful completion of Traders Training Course; or Partners, Directors, Officers or other compliance level exams are assets
- Minimum of three years working in the securities industry experience, preferably in a compliance or trade desk function at a Dealer
- Knowledge of securities industry rules and regulations
- Comprehensive understanding of equity and fixed income transaction process, trading, and back-office systems
- Previous experience on a Canadian equity buy-side or sell-side trading desk or trading compliance is an asset.
Key Skills and Competencies
- Ability to organize and to work without supervision
- Ability to work inter-dependently in a team environment
- Ability to work in a cross-functional environment
- Strong project management, delegation, and conflict resolution skills
- Excellent verbal and written communication skills, including some public speaking
- Some travel is required
- Fully bilingual: English and French
What we offer
Competitive total rewards program including 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 wellness days*
Maternity and Parental Leave top up *
Paid continuous learning and continuing development including designations*
*Offerings are not applicable to contracts
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 work.
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.
Our Commitment
CIRO is committed to creating an inclusive and barrier-free recruitment and selection process. We welcome applications from all qualified individuals and will provide accommodation upon request for candidates participating in all aspects of the recruitment process, in accordance with applicable human rights and accessibility legislation. If 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 regular communication and collaboration with employees in CIRO regional offices and with stakeholders across Canada. Proficiency in English is required due to the frequent interactions with internal and external English-speaking members, clients, registered representatives, firms, Canadian provincial and territorial securities regulators, and employees located outside Quebec.
For positions based in Quebec, proficiency in both English and French is required to effectively perform the duties of the role and communicate with stakeholders in both official languages.
This posting reflects an active vacancy on our team
We use automated (AI) enabled technology to support aspects of candidate sourcing, screening, and communications. Applications are reviewed by our hiring team and hiring decisions are made by people.
The hiring range for this position is $75,000 - $87,000. The final compensation offered will be based on the successful candidate’s knowledge, skills, education, training, experience, internal equity, and external market considerations.
We thank all applicants for their interest; however, only those selected for further consideration will be contacted.
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Job description provided by Canadian Investment Regulatory Organization.
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