Chief Compliance Officer

Admiral Markets Canada Limited (“Admirals Canada”) is a registered investment dealer, Member of the Investment Industry Regulatory Organization of Canada (IIROC) and Canadian Investor Protection Fund (CIPF). We are a member of Admirals Group AS.

The firm is an order-execution-only (OEO) dealer in "contracts for difference" and over-the-counter (OTC) foreign exchange contracts (collectively, CFDs) with retail investors in B.C. and Ontario.

As a financial services Group Admiral has been operating successfully for 22 years and has been on the top of trust of traders and investors. Its is a multiregulated company with several licenses acrcoss the globe.

The successful candidate will have the opportunity to work within a very encouraging working environment which values individuals and their impact in the business growth.

Your Role

We are seeking a qualified candidate for the position of Chief Compliance Officer.
Registration Categories: Permitted Individuals – Officer; Investment Dealer – Chief Compliance Officer IIROC Approval Categories:Executive (Non-Trading), Chief Compliance Officer)

Competency Profile

The successful candidate is expected to demonstrate the competencies of an IIROC-approved CCO with the requisite behaviors and skills applied to carrying out the responsibilities of the role; and maintaining a robust knowledge base of compliance resources for the firm.

• Compliance Function and Operations
  • Fundamental regulatory and industry knowledge
  • Role, mandate and oversight of the compliance department
• Risk Management
  • Compliance risk management
  • Business functions and compliance risk
• Regulatory Reporting, Examinations, Investigations and Actions
  • Regulatory reporting
  • Regulatory examinations
  • Regulatory investigations
  • Regulatory action
• Compliance Responsibilities
  • Policies and Procedures (P&P)
  • Complaint handling
  • Dealing with clients

• CCO Duties and Obligations

Your Responsibilities

As theChief Compliance Officer, you are responsible for the compliance oversight of the firm and individuals acting on its behalf and, in particular:

• establishing and maintaining policies and procedures to assess compliance by the firm and individuals working on its behalf with IIROC requirements and securities laws;
• monitoring and assessing compliance by the firm and individualsacting on its behalf with IIROC requirements and securities laws;
• reporting to the Ultimate Designated Personas soon as possible if there is any indication that
• providing the board of directors with reasonable assurance that all standards and requirements of applicable securities laws and regulations, and IIROC requirements, are met;
• delivering an annual report to the board of directors that identifies and discusses material findings contained within IIROC compliance reports, early warning designations, gatekeeper reports, disciplinary actions, compliance risk trend report results as well as any other relevant findings or reports;
• taking a lead role to identify, assess, advise on, act on, communicate, monitor, escalate and report on the firm’s compliance with regulatory requirements; and
• promoting a strong culture of compliance, which focuses not only on compliance with applicable rules and regulations but also emphasizes the importance of personal integrity and the need to deal with clients fairly, honestly and in good faith at all times.

the firm or any individual acting on its behalf may be in non-compliance with IIROC requirements or securities laws, and

• the non-compliance creates a reasonable risk of harm to a client;
• the non-compliance creates a reasonable risk of harm to the capital markets; and
• the non-compliance is part of a pattern of non-compliance;

Requirements

The successful candidate must meet IIROC proficiency and experience requirements in accordance with sub-section 2602.(3)(xxx).

Proficiency Requirement

Successful completion of the following courses:

• Partners, Directors and Senior Officers Course;
• Chief Compliance Officers Qualifying Examination

and

Experience Requirement

• Undergraduate degree or equivalent (background in brokerage operations, finance, compliance, law or audit).
• 5+ years of experience working as a Registrant or Approved Person at an investment dealer, with at least three years in a compliance or supervisory capacity.
• Extensive working knowledge of Canadian securities laws and regulatory requirements, including National and Multilateral Instruments, provincial Securities Acts, OSC Regulations, and IIROC Rules and Guidance.
• Extensive working knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its Regulations, FINTRAC AML/ATF Regime, Canada’s privacy laws and Canada’s anti-spam legislation that impact the business.
• Extensive working knowledge of exchange and over-the-counter derivatives, US and EU listed equities, indices, commodities, currencies, bonds and trading on margin.
• Experience with participating in IIROC’s financial and operations examination, business conduct compliance examination, cybersecurity self-assessment survey, annual risk questionnaire; and responding to requests for documents related to the firm’s business continuity plan audit; and annual financial statement audits, etc.
• Experience with carrying out the compliance oversight of AML/KYC reviews of new account applications, supervision of client account activity and interaction of Investment Representatives with clients, and approval of marketing communications to ensure the effectiveness of the compliance program.
• Self-driven with exceptional analytical and problem-solving skills, high level of attention to detail; able to work extended hours, manage multiple complex projects simultaneously, collaborate with teams and business units across time zones and remain composed under pressure.
• Excellent written and oral communication skills with a proven track record of effectively responding to regulator’s requests, reporting to the Ultimate Designated Person and Board of Directors, and compliance oversight of Approved Persons and business activities.
• Positive influence and energetic motivation of employees and Approved persons to adhere to compliance guidelines and meet regulatory obligations

Benefits

• Experience working in a public multiregulated financial hub with 22 years successful operations which ultimately offers you stability in a constantly volatile employment market
• Competitive benefits and remuneration package and regular performance review
• Fantastic team initiatives
• Working flexibility and opportunities to relocate to different offices hubs
• Relocation assistance for employees joining us from different countries
• Strategic career advancement within the group
• A working environment which encourages and cares about personal and professional growth as well as employee well being