Canada IB Chief Compliance and AML Officer

Job Type: Full Time

Job Reference #: 337519BR

City: Toronto

Responsibilities

• partner with legal counsel to ensure that policies, guidelines, standards and Compliance monitoring and testing procedures and business procedures are consistent with local regulatory requirements and interpretations of laws, regulations, rules or any other related industry regulatory standards or guidelines
• liaise with senior management as well as functional leaders in compliance, legal, risk, and IT to provide subject‑matter expertise on existing, new, or updated laws, rules, and regulations as well as effective challenge, guidance, and advice
• participate in relevant Committees as well as various other global, regional, and cross-product committees
• draft and publish policies and procedures and maintain a local compliance training program
• participate and provide support in regulatory exams and inquiries
• complete Compliance Risk Assessments and thematic reviews to assess emerging risk themes
• run the IB Financial Crime Prevention (FCP) function for the Canadian IB Legal entities (working with FCP team members in Canada in the United States, and globally as applicable)
• act as the local Money Laundering Reporting Officer / Chief AML Officer for the IB Canadian Entities – key duties will be: (i) Local Board Reporting on FCP Matters; (ii) contributing to the FCP Global Risk Assessment (which involves completing local Canadian Questionnaires annually); (iii) owning and overseeing any local IB Canada specific compliance and AML/KYC policies, procedures and protocols (as well as any KPC attestations that relate to these local policies, procedures, protocols) to ensure they meet current regulatory expectations and are aligned with enterprise‑wide standards
• be the focal point for any GIA / Regulatory compliance exams (inclusive of AML / FCP exams) and interact with provincial and federal regulators, including regulatory filings as applicable
• implement the IB FCP Framework of UBS' global IB Division, and ensure compliance, operational and FCP risks are identified, properly assessed and managed
• provide strategic direction and oversight to the IB / stakeholders in relation to IB FCP deliverables and initiatives, taking into account applicable legislation, rules and guidance, and industry best practice

Qualifications

• 10‑15 years’ experience in compliance, legal, risk control, or audit, including at least 5 years in a management role
• Experience dealing with local regulators such as the Canadian Investment Regulatory Organization (CIRO), Officer of the Superintendent of Financial Institutions Canada (OSFI), Canada Deposit Insurance Corporation (CDIC), Financial Consumer Agency of Canada (FCAC), and Ontario Securities Commission (OSC)
• Strong knowledge of Canadian banking and securities laws and regulations, including CIRO rules, UMIR rules, Bank Act (Canada) and regulations, OSFI Guidelines, Ontario Securities Commission, CDIC By‑laws, and other applicable Canadian securities acts, regulations and rules
• Drive sustainable change, influence regulation and uphold industry leading standards
• Bring together information from different places and collaborate to provide a better risk control environment
• Demonstrate strong interpersonal and leadership skills
• Work in a fast‑paced and dynamic environment, leveraging data analytics and technological capabilities
• Have sound judgment, curiosity, and ability to adapt to a changing regulatory landscape

Salary Information

The indicative gross base salary for this full‑time role in Canada – Ontario is between CAD 136 000 and CAD 179 000 per annum. The final salary will be determined based on factors such as experience, qualifications, education, location and skill level. UBS also offers a range of competitive benefits and variable compensation as detailed on the company website.

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce. UBS Canada is committed to providing equal employment opportunity to all applicants and employees and will reasonably accommodate applicants with disabilities throughout the recruitment process. To initiate a request for accommodation, contact HR Employee Advisory by email sh-hr-asc-ame@ubs.com or call +1 855‑827‑6947.

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