Scope of Position
The Manager Regulatory Compliance reports to the Vice President Enterprise Risk (Chief Compliance Officer and Chief Privacy Officer). Responsibility and accountability encompasses program content, design and enterprise wide implementation of the regulatory compliance management framework, including continuing education and staying up to date on new and changes in regulations. The Manager Regulatory Compliance must work closely with all business partners to ensure a sound compliance program is operating effectively; must provide regular reports to board committees and to regulators; and oversee regulations for the provincially-regulated credit union and federally-regulated schedule 1 bank.
Responsible and accountable for regulatory compliance of Alterna Savings and Alterna Bank, in support of the Compliance mandate. In particular:
Being responsible, accountable and a change agent for program content, design, enterprise-wide implementation, and continued oversight:
Being responsible, accountable and a change agent for program content, design, enterprise-wide implementation, and continued oversight of specific regulations:
Providing direction and overseeing the implementation of requirements and sustainability of controls by responsible departments for all other regulatory requirements – including (but not limited to):
Leading regulatory change projects, initiatives and working groups.
Specific responsibilities for each of the above include:
Manage the day to day operations and activities as it relates to the Compliance Department and staff. In particular:
Expectations / Outcomes
1. Education / Certification / Experience
2. Knowledge / Skills
About the Alterna Financial Group
Alterna Savings and Credit Union Limited (Alterna) has been the good in banking for over 110 years!
Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank. Together, we have $7.9 billion in assets under administration. Our members and customers benefit from industry leading online brokerage and investment management services and have access to the largest surcharge-free ATM network in Canada with THE EXCHANGE® Network, providing access to over 3,700 ATMs.
Alterna Savings has been charting new directions to help Ontarians and achieve their financial dreams and build strong, vibrant communities for more than a century. As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares our expertise with more than 164,000 members through a network of 32 credit union branches across Ontario, including our federated partner Peterborough Community Savings, a division of Alterna Savings and Credit Union Ltd.
Alterna Bank is one of the most innovative banks in Canada and the first to offer all Canadians an end-to-end digital mortgage experience. Customers also get fully-digital financial services that include our highly competitive high-interest eChequing, eSavings, RRSP and TFSA products available online and through mobile banking.
*At Alterna, we offer a competitive total rewards program and an opportunity to truly make a difference. If you put people first and value excellence and integrity, we hope you'll apply!
* Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills and competencies outlined above.
* Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact the recruiter to let us know how we can accommodate you.