Director, Compliance

Great Place to Work 2020, 2021, 2022, 2023, 2024 | Best Workplaces with Most Trusted Executive Teams 2024 | Best Workplaces in Financial Services & Insurance 2020, 2021, 2022, 2023, 2024 | Best Workplaces for Mental Wellness 2023, 2024 | Best Workplaces for Giving Back 2022, 2024 | Best Workplaces for Women 2021 | Best Workplaces for Inclusion 2021, 2024 | Best Workplaces in Ontario 2020 and 2021

Our Company

Picton Mahoney Asset Management (“PMAM”) was founded in 2004 to provide unique investment solutions to institutional, retail and high net worth investors in Canada and around the world. We are proud to say that we are 100% employee-owned and manage approximately $11.3 billion in sub-advisory, pension plan and hedge fund assets on behalf of our clients. The core values at Picton Mahoney guide the employee experience and contribute to the culture which fosters strong, transparent relationships.

Why Work at Picton Mahoney?

Picton Mahoney Asset Management is a place where employees can be proud of building a rewarding career that offers growth and the opportunity to evolve within a supportive culture that focuses on professional development. Over the years, we have learned from feedback and have developed strategies and programs that enhance employee engagement and improve the employee experience. As our values state: We work together; fully engaged and aligned. We support each other, and our actions contribute to the strategic goals of our firm. We believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. We believe in the concept of “unity in diversity” and are driven by a collaborative spirit to achieve our goals. We are committed to performance, excellence and winning. At Picton Mahoney, “stepping up” is an action, not a thought, which results in the development and implementation of those ideas. We prioritize growth and innovation and accept full responsibility for personal performance and results. We believe in being open when providing and receiving feedback, because it makes us better at what we do best.

The Opportunity

Our compliance team is seeking a Director, Compliance to assist with the firm’s compliance program and act as a resource to the business. Reporting the Chief Compliance Officer (CCO), this role involves hands-on work that encompasses managing all areas of the firm’s compliance program, including trading and investment, code of ethics and business conduct compliance, marketing review, financial crime, sales practices, wealth, privacy and anti-spam compliance and working with the CCO on program enhancements, ensuring compliance for new developments and various other initiatives.

Responsibilities of the Role

• Ensure compliance with regulatory and contractual requirements, including investment monitoring, financial crime, privacy, anti-spam, marketing, sales practices, wealth management, risk management, and firm policies.
• Provide expertise on compliance issues and offer guidance on policies, procedures, and regulatory matters to the business.
• Assess and recommend improvements to business methods, systems, and procedures.
• Work with other departments and leadership to manage compliance risk, promote best practices, and support innovation.
• Manage regulatory filings, prepare client deliverables, and ensure proper record-keeping and documentation retention.
• Assist in preparing responses for regulatory reviews, surveys, and field reviews.
• Support governance matters, including the Independent Review Committee for funds.
• Act as the money laundering reporting officer for the firm.
• Contribute to the development of regulatory strategies and communicate changes effectively to business teams.
• Help develop, maintain, and implement policies, procedures, and employee training programs.
• Ensure compliance for marketing content across all mediums, sales practices, and account opening materials.
• Prepare submissions and supporting documents for firm and individual registrations.
• Manage compliance team member, focusing on their responsibilities and career development.
• Develop understanding and stay informed about investment industry requirements and trends, regulatory developments, and policy updates that impact the firm’s business, compliance program and reporting requirements.
  
  

The Qualifications And Experience Required

• At least 10 years of experience in the mutual fund or asset management industry, with a background in compliance, regulatory, or legal roles.
• Undergraduate degree.
• Comfortable with performing and contributing to a hands-on compliance role.
• Completion of the Canadian Securities Course or equivalent.
• Completion of, or willingness to complete, the Chief Compliance Officers Qualifying Exam, Partners, Directors and Senior Officers Course Exam, or equivalent.
• Strong knowledge of Canadian securities legislation, including NI 31-103, NI 45-106, NI 81-102, NI 81-105.
• Ability to interpret and communicate compliance requirements effectively (both oral and written) and develop actionable plans.
• Skilled at building relationships and influencing decisions across the organization.
• Strong research, problem-solving, and analytical skills.
• Experience with marketing platforms, including social media platforms is a plus.
• Self-motivated, able to work independently and as part of a team.
• Accountable, accurate, detail-oriented, and exceptional at follow-through.
• Excellent organizational and project management skills.
• Proficient in Microsoft Excel and experienced with investment/compliance systems, including Bloomberg.
• Ability to communicate in French and experience in managing employees are assets.
  
  

Our Commitment to Employees

At Picton Mahoney Asset Management, we take pride in elevating our employees' experiences through an array of exceptional perks and programs. Enjoy a suite of benefits including a Lifestyle Spending Account, that includes Corporate Wellness & Fitness Reimbursement, Women in Capital Markets partnership, Women Executive Membership, Volunteer Days, Charitable Matching, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, a generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account, and more. These offerings are crafted to enhance your career journey and overall well-being. Join us in an environment that values your growth and success!

We are committed to providing an equitable and fair work environment for everyone and all hiring and other personnel actions will be taken without regard to race, colour, creed, religion, sex, disability, gender identity, gender expression, family status, age, language or national origin. If you require an accommodation at any point in time throughout the application and hiring process, please contact Human Resources at (416) 955-4108 or at [email protected]