Compliance Manager

Job Title: Compliance Manager (1-Year Contract)

Location: Downtown Toronto

This role:

• Executes First Line compliance monitoring, reporting, and control execution.
• Manages/supports large/complex compliance programs/frameworks/projects/initiatives to ensure compliance risks are appropriately identified, risk assessed, mitigated, and regulations adhered to.
• Supports the implementation of final laws, rules, and regulatory guidance within GAM Canada.
• Supports business change by assessing the impact on regulatory compliance and associated monitoring.

Key Accountabilities:

Mandate Compliance:

• Execute the Mandate Compliance function, including automated pre and post-trade alert/warning monitoring using the Charles River Order Management System.
• Code mandate compliance rules associated with new and/or updated fund/account information.
• Execute manual monitoring of regulatory and/or fund/account requirements.
• Review annual prospectus renewal information and assess the impact of changes on the monitoring executed.

Personal Trade Monitoring:

• Manage and execute the personal trade monitoring program using the Personal Trading Application (PTA).
• Onboard and offboard GAM access persons to PTA.
• Review pre-clearance trade submissions and breaches.
• Review external broker statements.
• Manage the annual certification of accounts by GAM access persons.
• Provide quarterly reporting to the Chief Compliance Officer (CCO) and the Ultimate Designated Person (UDP) on violations and trading volumes.

Gifts & Entertainment (G&E) Monitoring:

• Leverage information in the Enterprise tool to review logged G&E and confirm compliance with limits.
• Report instances where limits have been exceeded to the CCO and UDP.

Liquidity Management:

• Conduct an annual fund liquidity ranking using methodology provided by GAM Product.
• Execute annual stress tests using scenarios provided by GAM Product and report results.

Filings – Regulatory & Exchange:

• Provide regular TSX reporting required for GAM ETFs.
• Prepare Annual SEDAR 45-106 Filings for purchase transactions completed in the exempt market.
• Support 2nd Line Compliance in completing the annual OSC Risk Assessment Questionnaire.

Certifications:

• Work with the Institutional Client Service Team, Investment Team, and Traders to complete regular institutional client compliance certifications.
• Facilitate the annual related registrant identification and filing as required.

Business Partner Engagement:

• Support business leaders in the effective implementation, maintenance, and administration of the 1st Line compliance program.
• Collaborate with other areas of the bank to plan and coordinate compliance-related activities.
• Review and assess new business initiatives in terms of compliance-related matters/implications.
• Support the business in terms of new/expanded use of derivatives, assessing the impact on regulatory compliance and associated monitoring.

Committee Participation:

• Participate in committees to understand business/product changes and provide feedback on the impact on regulatory and fund/account monitoring.
• Perform gap analysis to identify process changes required to comply with new requirements.

Issue Management:

• Assess the impact of business issues and regulatory reviews on Mandate Compliance processes and controls.
• Report and remediate Compliance Issues impacting Mandate Compliance monitoring or control execution.

Reporting:

• Prepare conflicts of interest-related reporting for 2nd Line Compliance review and presentation to the Investment Review Committee (IRC).

Qualifications:

• Typically between 3-5 years of experience in Asset Management performing a compliance-related function.
• Post-secondary degree in a related field or an equivalent combination of education and experience.
• Industry certifications or designations (e.g., CFA, MBA) are an asset.
• In-depth knowledge of derivatives is an asset.
• Advanced critical thinking and problem-solving abilities.
• High attention to detail.
• Understanding of regulatory compliance and its role within a broader risk management framework.
• Knowledge of Charles River and/or other order management systems (e.g., Bloomberg, Aladdin).
• Ability to multi-task, work independently, prioritize workload, and meet deadlines.
• Strong verbal and written communication skills.
• Ability to build effective relationships with internal senior stakeholders and collaborate with cross-functional teams.
• Strong project management and organizational skills.
• Proficiency in Microsoft Word, Excel, PowerPoint, and other standard database tools.