Junior Operations Specialist
Pay Rate: $20-24/hour T4
Location: Downtown Toronto (Hybrid - Mondays \& Tuesdays in office)
Start Date: End-May, 2025
End Date: 12 months from start (potential of extension/conversion to permanent)
Are you passionate about regulatory compliance and looking to make a significant impact in the banking industry? We are seeking a dynamic and detail-oriented Jr. Operations Specialist to join our team. This role offers a unique opportunity to work closely with our Business Unit Compliance Officers, providing critical support and analysis to ensure our operations meet all regulatory standards.
Why Join Us?
- Impactful Work: Play a key role in enhancing our compliance programs and keeping our business updated on legislative and regulatory changes.
Key Responsibilities:
- Regulatory Impact Assessment: Evaluate the impact of Federal and State regulations on our lending and deposit operations.
- Process Review: Analyze and review current processes to ensure compliance with regulatory requirements.
- Risk Assessments: Assist in completing Regulatory Compliance Risk Assessments.
- Process Development: Draft and implement internal processes for the Compliance Team.
- Compliance Controls: Identify and implement compliance-related processes and controls.
- Monitoring \& Testing: Develop and execute plans for monitoring and testing compliance controls.
- Regulatory Inventory: Create and maintain a regulatory control inventory.
- Reporting: Prepare and provide summary reports on regulatory reviews, risk assessments, and monitoring activities.
- Quality Assurance: Assist in reviewing and ensuring the quality of completed tasks.
Qualifications:
- Technical Expertise: Ability to read and understand technical compliance material.
- Experience: 2 years in Deposit Compliance and Banking Compliance.
- Independence: Ability to work independently with minimal direction.
- Communication: Strong oral and written communication skills.
- Analytical Skills: Strong analytical skills with a keen eye for detail.
- Risk Management: Experience in risk management is desirable.
- Project Management: Understanding of project management principles and the ability to coordinate efforts across teams.
- Technical Proficiency: Strong computer skills, particularly in Microsoft Outlook, Excel, and Word. PowerPoint skills are a plus.
- Education: An advanced degree is desirable.
Skills:
- Regulatory Background: Must have experience in regulatory compliance and the ability to analyze Federal regulations.
- Banking Operations: Experience in lending/deposit operations within a banking organization.
- Regulatory Compliance: Familiarity with Deposits Regulatory compliance (e.g., Reg E, Reg CC, Reg DD, NACHA, or Remote Deposit) is preferred.
- Excel Proficiency: Strong skills in Excel.
If you are ready to take on a challenging and rewarding role in regulatory compliance, we want to hear from you! Apply now and be part of a team that values your expertise and dedication.
