Senior Regulatory Analyst, Registrant Oversight

Our organization

The Alberta Securities Commission (ASC) is the industry‑funded regulator responsible for administering the province’s securities and derivatives laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators (CSA), the ASC works to improve, coordinate and harmonize the regulation of Canada’s capital markets.

The Market Regulation division oversees the equities, derivatives and digital asset marketplaces, clearing agencies, registrants (dealers, advisers, and investment fund managers), and industry self‑regulatory organizations (SROs). With a dynamic team of investment and financial professionals, we are involved in leading‑edge projects aimed at balancing effective regulation with our stakeholders’ need for innovation and efficient capital markets.

Reporting to the Team Lead, Registrant Oversight, the Senior Regulatory Analyst is responsible for leading complex reviews and other oversight activities, and for providing senior‑level review on other files, to ensure registrant’s compliance with securities legislation; as well as mentoring less experienced Registrant Oversight team members, providing advice on complex files and issues, and representing the team in various ASC or CSA committees and projects.

This position exists at the ASC to assist in the execution of Registrant Oversight’s compliance oversight mandate which requires regulatory analysts to oversee regulatory compliance of firms and individuals that are registered to sell, advise, or trade in securities to ensure that registered firms and individuals are following Alberta securities laws and investors are protected from unfair and abusive practices.

• Analyzing, researching, interpreting and clearly demonstrating how regulatory obligations apply to the business operations, and in many cases novel or complex activities of registrants as reflected in the documentation and information examined.
• Preparing and presenting clearly written and detailed reports that outline and explain compliance issues applicable to the business operations of market participants and which recommend courses of action for the ASC with respect to issues arising from compliance reviews, including, where appropriate, regulatory action recommendations.
• Managing professional relationships with senior management of regulated entities. Communicating with registered firms and individuals to assist them in understanding their compliance with regulatory obligations and best practices.
• Maintaining books and records for reviews which include documentation gathered, recording all communications and interactions with the firm and individuals and then summarizing the analysis performed and conclusions made.
• Overseeing and evaluating the implementation of registered firm action plans, including plans existing under regulatory action, to ensure that firms rectify compliance deficiencies in an adequate and timely manner.
• Taking initiative to understand how regulatory requirements apply to registered firms’ business operations, including the use of creative thinking and applying innovative ideas to interpreting regulations.
• Conducting senior‑level quality and consistency reviews of analysis, review findings, compliance reports, and other documents prepared by other Junior, Associate, and Regulatory Analysts.
• Leading by example and mentor less experienced Registrant Oversight Analysts during compliance reviews by being a subject matter expert, providing functional advice and technical guidance, and sharing analysis conclusions and best practices.
• Training and mentoring new Analysts in regard to how to properly perform compliance review procedures, tasks, and analysis.
• Presenting findings from audits and projects to ASC leadership, committees and possibly the Commission.
• Providing administrative and leadership support to the Team Lead and management in relation to projects in support of divisional, operational, and strategic initiatives.
• Participating in various short and long‑term tasks and projects in support of divisional,…