Compliance Monitoring Specialist , Toronto
OANDA Corporation is a registered Retail Foreign Exchange Dealer (RFED) with the US Commodity Futures Trading Commission (CFTC), and a Forex Dealer Member (FDM) of the National Futures Association. The successful candidate will be instrumental in the implementation of a comprehensive compliance monitoring program (CMP), to ensure that all operations are in compliance with all regulatory andlegal requirements.
AimTo deliver the CMP and thereby provide assurance that systems and controls are operating effectively.The successful candidate will report to the Chief Compliance Officer, and can be based in either New York or Toronto.
The main responsibility will be the completion of a wide range of regulatory reviews, assessingcontrols and compliance in areas such as:-Financial crime (anti-bribery and corruption, anti-money laundering, know your client, sanctions, transactions,monitoring and market abuse)- Information disclosures- Client communications- Financial promotions- Complaints- Permitted activities- Apportionment of responsibilities- Management information- Partner due diligence/ IBs- Business continuity- Data/ information security- Best Execution- Conflicts of interests- Outsourcing- Product development- Remuneration/ Financialincentives- Operational procedures- Transaction monitoring- Periodic financial regulatoryreporting
Conduct risk▪ Draft, review and implement monitoring methodologies and testing procedures.▪ Design and execute test scripts to ensure the efficacy of control design and effectiveness inmitigating Compliance & Operational Risk.▪ Reviews will include the writing of reports, detailing findings and any resultant practicalremedial actions/ solutions – which then need to be progressed to a satisfactory conclusion.▪ Designing and implementing new controls in consultation with underlying teams.▪ Identification of regulatory risks, and proposal of pragmatic solutions.▪ Understanding of relevant regulatory requirements.
Experience/ Skills Required- 4+ years audit/ compliance testing experience at similar type/ size of investment/ broker firm.- Good appreciation of the regulations, guidelines and notices relevant to our sector.- Strong verbal and written communication skills.- Highly driven and motivated, organised with the ability to engage and influence stakeholders.- Analytic, with attention to detail and an enquiring mind and investigative approach.- Able to independently manage timelines