In this role, you will have the opportunity to:
Support the Development of the Crypto Trade Surveillance Function
Using past trade surveillance experience, provide input on the development of compliance supervision policies, procedures and systems for Wealthsimple Crypto;
Design and implement processes specific to crypto-asset trading that will ultimately be required to manage supervision on an IIROC dealer platform;
Build reports and dashboards for ongoing monitoring and regulatory requests;
Utilize data-driven compliance decision-making, which includes overseeing the development of compliance dashboards, regulatory reporting, compliance monitoring and developing automated solutions.
Conduct Supervision of Compliance Functions
Lead the product appropriateness review of clients that are flagged to ensure appropriate outcomes for all clients;
Monitor and action any day-to-day alerts from compliance supervision dashboards;
Detect and report any concerns relating to trade supervision;
Produce a well-documented audit trail of the supervision process;
Analyze transactions to identify compliance trends.
Support the Complaint Handling Process
Work with Client Success (CS) and various internal teams on dealing with client complaints;
Track, monitor and see to resolution all regulatory client complaints;
Provide metrics and trends to the team on # of complaints, SLA on resolutions of complaints and potential cost associated with such complaints.
Assist in compliance activities within Wealthsimple Digital Assets Inc.
Support the team in responding to regulatory requests from IIROC, CSA and others;
Support the team to identify, monitor, report and correct non-compliance with laws, regulations and company policy;
Provide training and education to various business teams;
Assist in audit and regulatory issues.
Provide expertise to various Business Partners
Give guidance and assist in escalations of operational inquiries;
Work with Marketing, Brand, and Social Media Teams to ensure regulatory requirements are adhered to for new campaigns;
Aid in operational regulatory audits (CRA, IIROC etc.);
Establish strong mechanisms for compliance accountability across business teams.
We’re looking for someone who has:
Compliance experience – 3 years of investment industry experience, primarily in a compliance role; compliance experience working at an online advisor or self-directed (order execution only) trading platform an asset;
Technical expertise – Possesses a broad and practical understanding of core operations at a retail-oriented investment dealer, with working experience in Trading Conduct Compliance, AML/ATF and Business Conduct Compliance;
Regulatory proficiency – Has the following courses: Certified Bitcoin Professional (CPB), Canadian Securities Course (CSC), Conduct and Practices Handbook (CPH), Trader Training Course (TTC), and/or other industry-related designations beneficial to a compliance officer role.
Previous experience working at a crypto trading exchange or broker is a plus;
Experience working with regulators;
A Bachelor’s degree; advanced degree a plus.
Skills we’re looking for:
Deeply analytical: understands the data required and can draw strong insights from data; experience with SQL a plus;
Effective leadership qualities and motivated self-starter;
Detail oriented and organized, have proven process tracking and change management experience;
Excellent project management and organizational skills and capability to handle multiple projects at one time;
Ability to take ownership and lead projects with a proactive, not reactive, approach; and able to independently drive initiatives to conclusions;
Ability to perform well in a high pressure, time-sensitive environment;
Understanding competing priorities, finding opportunities for efficiency in regulatory implementation.