Based in Toronto, we are seeking a Chief Compliance Officer ("CCO") responsible for the compliance framework for Aviva Investors Canada Inc. (AIC). The role requires experience in investment management regulation; structured finance and governance and who can oversee regulatory interactions including registrations and filings. This individual will report to Aviva Investors Global Chief Compliance Officer in London and will collaborate closely with the US compliance team.

  • Negotiable
  • Thompson, MB, Canada
  • Permanent, Full time
  • Aviva Investors
  • 08 Jun 18

Chief Compliance Officer - Canada - Toronto

Chief Compliance Officer - Canada - Toronto

The Role

Based in Toronto, we are seeking a Chief Compliance Officer ("CCO") responsible for the compliance framework for Aviva Investors Canada Inc. (AIC). The role requires experience in investment management regulation; structured finance and governance and who can oversee regulatory interactions including registrations and filings. This individual will report to Aviva Investors Global Chief Compliance Officer in London and will collaborate closely with the US compliance team.

The overall responsibility of the CCO is to assist AIC with maintaining compliance with applicable provincial securities rules and federal laws and statutes, across various aspects of AIC's business operations. This position will require working knowledge of registrations and filings cited below.

Responsibilities

  • The role requires an individual with an existing understanding of Canadian Securities Regulatory requirements including registration requirements and filing obligations.
  • The main responsibility of this role is the oversight of the compliance framework for AIC including advice; reporting; regulatory relationships and surveillance.
  • The role requires development and update of policies, guidelines, standards and procedures with OSC regulatory compliance, including the Compliance Manual and Code of Ethics.
  • The CCO will coordinate with various regional and global business units to determine the impact of compliance regulation on current processes and internal controls and will be a true business partner to the various departments of the firm;
  • Advise Global CCO regarding risk management and regulatory changes. Manage relationships with affiliated managers on compliance, regulatory and reporting obligations;
  • Distribute and review compliance related data with Global CCO on a regular basis and ensures appropriate corrective action has been taken;
  • Responsible for oversight of the AI Financial Crime (AML/CTF) Framework

Knowledge and Skills

  • Experience with registrations and filings for IFM, PM and EMD.
  • Proficiency with third-party/regulatory reporting portals including SEDAR and NRD.
  • Broad knowledge of Provincial securities regulations and Canadian Federal laws and statutes is an asset.
  • Must have detailed knowledge of Canadian registration and filing requirements, including but not limited to: NI 31-103, NI 33-109, NI 45-106, MI 32-102, and relevant FINTRAC rules etc.
  • Detailed knowledge of other regulatory requirements of NI 81-102, NI 81-105 and basic knowledge of fund rules in other jurisdictions Aviva operates such as 40 Act fund rules in the US and UCITS rules in EU would be an asset.
  • Must be self-starter, able to work independently and as part of a team.
  • Excellent verbal and written communication skills.
  • Ability to communicate clearly with persons at a wide range of levels on sensitive matters.
  • Understand and interpret complex information and situations.
  • Ability to prioritize multiple responsibilities and handle multiple tasks simultaneously.
  • Excellent project management and process improvement skills.
  • Experience negotiating problem resolutions.
  • Exposure to working in global organization (preferred).
  • Sound professional judgment and strong regulatory experience.

Qualifications

  • Extensive prior experience in a "hands-on" compliance capacity;
  • Undergraduate degree; (JD or LL.B, CA, CMA, CFA considered an asset);
  • Canadian Securities Course;
  • Chief Compliance Officers Qualifying Examination; or
  • Partners, Director and Senior Officers Course; and
  • Industry experience necessary for registration with securities commissions in role of CCO.
  • Be able to demonstrate a good understanding of financial instruments, particularly fixed income products and derivatives. Knowledge of Infrastructure Debt or Other Structured Finance (preferred).

Unrestricted right to work in Canada is required

About us

We are proud to be a different kind of asset manager; our intelligent and innovative solutions are based entirely around our clients' needs, not ours.

Aviva Investors is a global asset manager with expertise in real estate, fixed income, equity, multi-asset and alternative investments. We are proud to stand out in our field as our intelligent solutions are based around our clients' objectives, not ours.

Inclusion and diversity

We are a global organisation with thousands of employees and customers from different cultures. We've built our approach to inclusion and diversity on the principles of respect, valuing differences and inclusion.

One of Aviva's core values is Care More, and this is bought to life through the flexible ways we like to work. This may include working from home some of the time, or flexible work schedules to accommodate parent and carer responsibilities, further studies and hobbies. What's important to us is that you are supported to do the best work of your life.

You will be assessed against the Aviva values: care more, kill complexity, never rest and create legacy

Thompson, MB, Canada Thompson MB CA