Chief Compliance Officer

We are looking for a <strong>Chief Compliance Officer (CCO)</strong> to own and oversee our compliance programs, including Anti-Money Laundering and Privacy. The CCO is primarily responsible for maintaining the Code of Ethics and Business Conduct, developing a documented risk-based compliance program and periodic risk assessments, managing related programs, and concurrently chairing the Compliance Committee.

Toronto, ON & Burnaby, BC

Canadian Premier

<p><span style="font-weight: 400;">Our mission is to help families build secure tomorrows.&nbsp;&nbsp;</span></p> <p><span style="font-weight: 400;">Canadian Premier Life is a progressive company that&rsquo;s committed to creating a positive work environment for our people while offering the chance to build your career across a number of specialties. We&rsquo;re growing &ndash; and we want you to grow with us.&nbsp;</span><span style="font-weight: 400;">Coast-to-coast, for over 60 years, our focus has been to provide financial security to Canadians and their families in the face of uncertainties. Our insurance products are available through financial institutions, retailers, and other businesses, and we have over 2 million Canadian customers. An A-rated insurance company headquartered in Toronto, Ontario. We are a wholly owned and independently operated subsidiary of Securian Financial Group.&nbsp;<br /><br /></span><span style="font-weight: 400;">Everything we do here is driven by the genuine desire to make connections with our customers - listening, reflecting, responding.&nbsp;</span></p> https://canadianpremier.ca

keywords: who we are,who we need,who you are,what's in it for you,establish and promote,provide strategic direction,foster a culture of compliance,act as the camlo,act as the cpo,act with authority,the experience,knowledge,the accountability and collaboration,the influence and interpersonal skills

Senior Level

Overview: <p><strong>Who we are</strong></p> <p>At Canadian Premier, everything we do is driven by our genuine desire to build connections with our customers &ndash; listening, reflecting, responding &ndash; and being there for them during the most trying times of their lives. To be the best at what we do, we look for compassionate, creative people who work efficiently, aren&rsquo;t afraid to make decisions, and are driven to understand how their role fits into our vision; to be the innovative insurer trusted by families to provide financial protection through partners who care.</p> <p>For more than 60 years, Canadian Premier has been committed to providing financial security to Canadians and their families in the face of uncertainties, insuring over two million customers coast-to-coast. Every day at Canadian Premier means a day spent helping Canadians and their families build secure tomorrows.</p> <p>Headquartered in Toronto, Ontario, with an office in Burnaby, British Columbia, we are a wholly owned and independently operated subsidiary of Securian Financial, a Fortune 500 company*.</p> <p><strong>Who we need&nbsp;&nbsp;</strong></p> <p>We are looking for a Chief Compliance Officer (CCO) to own and oversee our compliance programs, including Anti-Money Laundering and Privacy. The CCO is primarily responsible for maintaining the Code of Ethics and Business Conduct, developing a documented risk-based compliance program and periodic risk assessments, managing related programs, and concurrently chairing the Compliance Committee.&nbsp;</p> <p>As the new CCO, you will define, build, and execute the compliance framework. You will collaborate with the board of directors, senior executive leadership, and our US parent company. In the high-visibility, high-impact role, you will promote and ensure organization-wide alignment providing supervision and control to ensure our activities comply with applicable laws and regulations. In addition, as the Chief Anti-Money Laundering Officer (CAMLO) and the Chief Privacy Officer (CPO), you will identify and manage compliance risks related to privacy standards and anti-money laundering.</p> <p><strong>Who you are</strong></p> <p>You may currently be a Manager, Compliance, executing someone else's strategy. Or, you are a CCO at a financial or insurance institute. Either way, you are looking to play a more prominent role in defining and driving a compliance framework to meet the risk and privacy changes coming to Canada. As well, you want to expand your leadership collaboration to include partnering with the board of directors. Ideally, you have worked with creditor programs in insurance.</p> <p><strong>What's in it for you</strong></p> <p><strong>Ownership</strong>. This is the opportunity to expand our key strength further. We are a risk-focused organization, and compliance plays a critical role. You will have the chance to build out compliance as a dedicated function, owning it from end to end.&nbsp;</p> <p><strong>Influence.&nbsp;</strong>The CCO reports to the board of directors and works in close partnership with the senior leadership team. You will have the chance to define and execute a new privacy framework for the organization that aligns with upcoming changes in Canada.</p> <p><strong>Growth.&nbsp;</strong>As we continue to evolve and expand as a company, building new product lines, gaining acquisitions, the need for implementation, interpretation, and nuances to our compliance will offer a greater variety of exciting challenges.</p>
Responsibilities: <p><strong>What you will do</strong></p> <ul> <li><em>Establish and promote a leading Canadian regulatory compliance program, policies, and procedures.</em>&nbsp;You will monitor and assess the Company's compliance requirements, identifying and managing compliance risks relevant to our activities. You will lead the preparation of Canadian compliance reporting, ensuring it is accurate, complete, and timely. You will work collaboratively with regulators in developing responses to regulatory inquiries and examination requests.&nbsp;</li> </ul> <ul> <li><em>Provide strategic direction.&nbsp;</em>You will make recommendations to the leadership team regarding operating plans, including submitting our initial registration with the Canadian regulator. You will scan for upcoming relevant legislation and guidance to make sure we are ready ahead of time to comply.</li> </ul> <ul> <li><em>Foster a culture of compliance.&nbsp;</em>You will lead by example and ensure employees are educated on and adhere to established policies and procedures, including designing and distributing compliance-related training.</li> </ul> <ul> <li><em>Act as the CAMLO.&nbsp;</em>You will oversee the management of the Company's money laundering and terrorist financing (ML/TF) risks, establish and maintain a risk-based program, and implement policies and procedures to comply with legal requirements related to deterring, detecting, and reducing ML/TF activities and related reputational risk. You will: <ul> <li>Train management and staff on anti-money laundering and anti-terrorist financing (AML/ATF) compliance responsibilities.</li> <li>Encourage reporting of all suspicious or unusual activities without fear of reprisal.</li> <li>Assist management in undertaking periodic testing of AML/ATF controls and direct the execution of independent second-line testing.</li> <li>Investigate ML/TF issues as required, making recommendations where appropriate, escalating issues as needed to senior management and the ACRC.</li> <li>Review audit reports on the Company's AML/ATF program.</li> <li>Act as the primary contact with OSFI and the Financial Transactions and Reports Analysis Centre of Canada on all AML/ATF matters.</li> <li>Report on at least a quarterly basis to the ACRC and the Strategy Council on AML/ATF matters</li> </ul> </li> </ul> <ul> <li><em>Act as the CPO.</em>&nbsp;You will oversee and keep up-to-date the privacy program, providing guidance, leadership, and oversight for the protection of customer and employee personal information. You will assist with developing a documented risk-based privacy program and collaborate to establish policies, procedures, and training to manage privacy risks. You will be the primary contact with regulators on privacy-related matters.&nbsp;</li> </ul> <ul> <li><em>Act with authority.&nbsp;</em>You will maintain a reporting relationship that is in practice independent of business management, with a direct line to the Board of Directors. You will have unrestricted access to records, information, and personnel throughout the organization to identify and address potential compliance issues. You will have the authority to follow up on management actions in response to identified issues and recommendations related to compliance, including AML/ATF and privacy.</li> </ul>
Requirements: <p><strong>What you bring:</strong></p> <ul> <li><em>The experience.</em>&nbsp;You have 5+ years of senior compliance and operational leadership experience in the insurance or financial services industry. You have completed both the Canadian Securities Institute (CSI) Chief Compliance Officer (CCO) Qualifying Exam and the CSI Partners, Directors, and Officers (PDO) course. You have a broad knowledge of the Office of the Superintendent of Financial Institutions (OSFI), Investment Industry Regulatory Organization of Canada (IIROC), Ontario Securities Commission (OSC), and Canadian Securities Administrators(CSA) rules, policies, and procedures. You have an understanding of: <ul> <li>Current and new Canadian privacy legislation.</li> <li>Risk focus and management as it relates to compliance.</li> <li>Anti-money laundering financial reporting.</li> </ul> </li> </ul> <ul> <li><em>The accountability and collaboration.&nbsp;</em>You bring a balance of strategic planning and immediate action and can apply a big picture lens in a small team environment. You take ownership of your work and its impact on the organization. You have exceptional decision-making skills, guided by your business acumen and analytical approach. You can seamlessly adapt to changes in priorities, the business, or the industry. You have the confidence to take new ideas forward and productively challenge the status quo.&nbsp;</li> </ul> <ul> <li><em>The influence and interpersonal skills.&nbsp;</em>You have outstanding professional written, verbal, and presentation skills. You have a collaborative spirit and can build productive relationships across the organization. You have the confidence to work closely with executive leaders and board directors, acting as a subject matter and discipline expert.&nbsp;&nbsp;</li> </ul> <p><strong>Why join?</strong></p> <p>When you're a Canadian Premier employee, you're part of a hard-working, high-performing, bright-thinking, make-things-happen family. One that sees your potential on day one, challenging you to grow your unique strengths as you create a career filled with opportunity, collaboration and meaning. For our newest team members to our most tenured, we're committed to being an employer that supports the person you want to be, at work and outside of it. We&rsquo;re growing &ndash; and we want you to grow with us.&nbsp;</p> <p>At Canadian Premier, we know there&rsquo;s nothing more important than treating each other with respect, compassion, understanding, and dignity. Even though our family has grown over the years, we still maintain the entrepreneurial spirit that got us started.&nbsp;<a href="https://youtu.be/4smwYAVRZQA">Watch this video</a>&nbsp;to learn more about our core values and our Canadian Premier family.</p> <p><em>Be part of a fast-paced company that offers you exciting opportunities to advance your career while you contribute to helping Canadians build secure tomorrows.&nbsp;</em></p> <p>Many of the individuals who lead our team have an impressive tenure with us, and every single one of them will tell you, it&rsquo;s about the people&mdash;the people we serve and the people we work with. We&rsquo;re a small organization with flexibility, openness, and responsiveness; with the security and resources to continue to do our work in a way that makes the most impact on our customers.&nbsp;</p> <p><em>Be a part of a place guided by people-focused not profit-driven values: Communicate openly, be accountable, be curious, celebrate together as one family.&nbsp;</em></p> <p>This is a place that stands behind work-life balance, an accessible leadership team, transparent communication, and an atmosphere that can only be described as family-focused. We continue to promote an engaged work-life balance throughout the pandemic with initiatives that include virtual town halls, casual online coffees, mental health workshops and employee appreciation packages. The very nature of what we do &ndash; listening to our customers &ndash; is the foundation of how we collaborate, learn from one another, embrace diverse perspectives, and hold each other up.&nbsp;</p> <p>We offer a competitive base salary with an annual incentive bonus plan, comprehensive benefits, and time off &ndash; needed to ensure you can live your best life every day:</p> <ul> <li>Group Retirement Savings Plan (RRSP)&nbsp;</li> <li>A company match for Deferred Profit-Sharing Plan (DPSP)</li> <li>Comprehensive group benefits program</li> <li>Professional growth and development opportunities through training and educational assistance programs</li> <li>A flexible workplace policy</li> </ul> <p>If you have the majority of the qualifications we&rsquo;re looking for and you&rsquo;re interested in joining the team, we encourage you to express your interest by submitting an application. Apply now.</p> <p><em>Canadian Premier is committed to providing a barrier-free work environment in accordance with the Accessibility for Ontarians with Disabilities Act and the Ontario Human Rights Code. As such, Canadian Premier will provide reasonable accommodations available to applicants with disabilities upon request during the recruitment process. Please contact hr@canadianpremier.ca for accommodation requests.</em></p>