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Are you looking for a challenging role where you will have the opportunity to have a huge impact on an industry leader? Do you have outstanding relationships and a creative streak? Do you have strong attention to detail? If so, this role may be for you! The details of this role that will help you decide Position: Regulatory Compliance Competitive Salary Location: Toronto, ON Standard: 9-5, 7.5 hours daily, 37.50 weekly Hybrid mode- 1-2 days a week in office - Tuesday and Friday. 4 month contract (Potential of extension/Conversion) Global opportunities for professional growth and development
Job Responsibility
Identify regulatory requirements impacting any compensation plans including those of senior executives/material risk takers
Focus on legislation from prudential regulators, across all jurisdictions where company has employees (e.g., key areas are Governance, Risk Management, Financial Accountability)
Identify and maintain a list of enterprise oversight functions (OFs) that monitor relevant regulators and/or regulations that contain obligations for governance/risk management over incentive/variable compensation globally
Establish relationships with OFs, ensuring they are bringing forward any regulatory developments for assessment
Assess any regulatory developments (including but not limited to SEC claw back provisions) to determine whether compensation plans are compliant and provide updates to HR OF Lead and Total Rewards Leadership
Informally monitor for developments but does not act as an OF and is not subject to RCM program requirements (subject area is outside employment law)
Prepare responses to PC&T (People Culture and Talent) Regulatory Affairs team in HRSS with regard to all regulatory compliance management requirements for the Security Exchange Commission claw back regulatory group topic (RGT)
Requirements
Compensation experience within regulatory or compliance environments - 5+years
HR/Compensation Governance experience - 5+ years
Banking industry experience - 1+ years
Analytical
Great Communication
Nice to have
Legal background
US Regulatory background
What we offer
Well known and reputable financial company
Good opportunity to grow within a large financial institution
4 month contract
Global opportunities for professional growth and development