Advisor Regulatory Risk Management

Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role is part of the Regulatory Compliance Management (RCM) Monitoring & Testing Team which reports to the Chief Compliance Officer (CCO) and conducts independent reviews across the enterprise to reasonably assure, using a risk-based approach, the adequacy of, adherence to, and effectiveness of day-to-day compliance procedures.

The Advisor, Regulatory Risk Management, is a key resource for that supports the RCM Monitoring & Testing Team with compliance reviews include planning, fieldwork, reporting, assessment of remediation plans and oversight of their implementation until gaps are resolved."

Responsibilities:

• Support second line of defence compliance testing activities (independent testing and quality assurance reviews). Provide reasonable assurance that controls are in place and are designed and operating effectively to ensure compliance to laws and regulatory requirements and to the Bank's standards.
• Ensure that entries in the Resolver System meet RCM standards and provide effective challenge where required to ensure the system is maintained and updated appropriately.
• Lead or support desk reviews / prepare questionnaires to first line compliance on topics assigned.
• Support governance initiatives to enhance current processes within the team to ensure levels of organization, oversight and audit trails are maintained.
• Through the maintenance of the RCM mailbox and RCM system, help other business units with their enquiries on regulatory matters, action plan follow-ups and various other matters as needed.
• Manage information generated or sent by business units (e.g., issue tracking, action plans, training, 1st line self-assessments, responses to second line compliance testing performed, etc.)
• Support the monitoring and tracking of regulator engagements across the Bank.
• Support the preparation of materials for the annual attestation of the Chief Regulatory Risk Management Officer.
• Ensure proper documentation of findings and supporting work. Verify work was completed in line with testing methodology.
• Support the enterprise wide compliance reporting of the Chief Regulatory Risk Management Officer.
• Prepares, assist and take meeting minutes for the Regulatory Risk Management Committee.
• Proactively monitor, participate in and contribute to various enterprise wide regulatory initiative
• Perform all tasks of similar or general nature requested by his or her superior or required for the job.

Qualifications:

• University degree in a related field and minimum three years of relevant experience on a risk management team / Compliance / Internal Audit within a financial institution.
• Bilingualism*
• All other combinations of education and experience may be accepted.
• Autonomous and proactive with sense of initiative
• Considerate, tactful and works well with others as part of a team
• Rigorous and thorough
• Timely and quality delivery
• High integrity

*“ Qualifications

Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.”

What Laurentian Bank has to offer you:

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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