Supervisor, Managed Accounts
The Supervisor, Managed Accounts is registered with IIROC to supervise the activities of all registrants of the firm with a focus on managed account platforms and internal Portfolio Managers.
Responsibilities & Activities:
- Conducting tier 1 and tier 2 supervision activities focused on managed accounts including; reviewing and approving daily, monthly and quarterly trade reports, account opening and KYC updates, outside business activities and email and social media monitoring.
- Key member of the Portfolio Management Committee charged with reporting on the status of managed accounts for suitability and performance.
- Supporting Wellington-Altus registrants in resolving compliance issues with regulatory guideline interpretation and with inquiries relating to acceptance of unique or exceptional situations.
- Managing regulatory obligations and commitments, such as: 30-day/90-day training programs, new registrant close supervision, overseeing Associate Portfolio Manager direct supervision as well as imposed close supervision (as required).
- Participating in internal compliance reviews or external regulator audits conducted at Head Office or the branches.
- Continually look for ways to improve the firm’s system of compliance and supervision.
- Perform other duties as may be assigned.
Educational & Industry Requirements:
- Bachelor’s degree in business administration, finance, or similar field of study.
- Successful completion of the proficiency requirements for a Supervisor, Managed Accounts, including; Canadian Securities Course, Conduct and Practices Handbook, Branch Managers Course, Effective Management Seminar and CFA or CIM.
- Minimum of 5 year’s experience working for a Dealer Member.
- Successful completion of Derivatives Fundamentals Course, Options Licensing Course and Options Supervisor Course would be an asset.
- Successful completion of CFP or equivalent would be an asset.
Knowledge, Skills, & Abilities:
- In-depth knowledge of the financial services industry, including understanding of regulatory requirements of IIROC and other regulators.
- Strong organizational skills and attention to detail with the ability to prioritize effectively, handle multiple tasks and handle stress in a fast-paced environment.
- Excellent interpersonal and communication skills.
- Proven analytical and problem-solving skills.
- Proficiency in Microsoft Word and Excel.
- Proficiency in Portfolio Aid would be an asset.