Senior Compliance Consultant

About Vancity

Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.

Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If you’re interested in joining their team of 2,700 diverse individuals and accessing competitive rewards and benefits, all while knowing you are part of a greater movement, then apply today!

About the workplace

We are looking for a Senior Compliance Consultant who has advanced knowledge in regulatory compliance risk management which can include Member Code of Conduct, The Financial Consumer Protection Framework, Common Reporting Standard, Foreign Account Tax, Canada Anti-Spam Legislation, Financial Institution Act, Back Act amongst others. Working closely with the lines of business as part of the ongoing regulatory change management process, you would provide guidance and support as needed.

This is a permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. This role may require you to work in-office at least once a week.

A typical day would involve:

• Ensure Vancity and Vancity Investment Bank (VCIB) will receive effective advice and recommendations in alignment to our Regulatory Compliance Framework ensuring Compliance Risk is effectively managed.
• Monitor, track, and report on effectiveness of the Organization's regulatory compliance framework to manage the compliance risk inherent in our business activities enterprise wide.
• Review complex new or amended legislation applicable to Vancity/VCIB, supporting the organization through creating high quality plain language summaries of the change, identify relevant risk and compliance owners they are applicable to, assist them in the awareness of and oversee the implementation of the changes in a timely manner
• Monitor and develop Vancity and VCIB enterprise level processes, policies and procedures, as well as compliance oversight controls, to enable management to make effective business decisions.
• Provide analytic support and recommendations for compliance and operational initiatives/projects to enable to achievement of organization and department goals.
• Support the delivery of enterprise regulatory compliance education and training, to build and maintain a compliance culture at all levels across the organization that drives change.
• Provide technical expertise, guidance, and support to the Compliance Teams and/or Risk and Compliance owners.

You have:

• Bachelor or advanced degree in Business &/or related field. Professional Designation would be considered an asset
• Minimum 4-6 years of progressive experience in compliance, legal, audit and/or risk management within financial services.
• Excellent knowledge of legislation and regulations impacting Credit Unions and Banks and the ability to analyze, interpret, synthesize, simplify and communicate complex legislative and regulatory requirements to stakeholders
• Knowledge of the Compliance Risk Assessment methodology and process, demonstrated understanding of regulatory compliance and/or risk management policies and procedures.
• Knowledge of regulatory expectations, standards of compliance with applicable rules/legislation.
• Experience with operational risk systems and strong knowledge of financial products and services and the various corporate functions.

You are:

• An investigative analyzer - You enjoy reviewing information and detecting anomalies. You get great satisfaction out of investigating and resolving these discrepancies that you find.
• A business & compliance professional in the financial industry - You have in depth knowledge and experience of how business operates within the financial industry. You have the knowledge of the concepts, practices and techniques within this field.
• An effective communicator - Using your impactful communication and interpersonal skills, you act as a resource for the specialized area, providing specialized advice, guidance, explanations, and related support; you also participate in the development of program content.
• A problem solver & decision maker - You use these skills to apply specific standards and guidelines to the work escalating unresolved issues to senior staff.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

The salary range for this role is $81,200 to $122,000 annually. Base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Posting Deadline: Posted until filled

A career at Vancity is more than just a job, you’re joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

We offer:

• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada.
• Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
• New employees receive between three to four weeks of vacation allowance per calendar year, and the number of vacation days grows
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness.
• We have flex credits for our health care & dental benefits offer three levels of coverage for you to select from. These benefits will also be effective immediately based on your hire date.
• We understand that retirement means different things to different people and at Vancity we will offer you a Defined benefits pension plan that pays you a retirement income for life.

At Vancity we’re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.

We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process, please reach out to our Talent Acquisition team at [email protected] for confidential support. In-person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.