Team Lead,Mutual Funds Compliance Job Kelowna area,BC Canada,Finance & Banking

We are currently seeking a Team Lead, Mutual Funds Compliance to join our team.

The Team Lead, Mutual Funds Compliance oversees the daily operations of a designated team focused on mutual fund compliance and operational efficiency. This role is responsible for both daily and monthly Tier 1 supervision of mutual fund registered advisors to ensure member suitability, while exemplifying and promoting best practices in support of profitable growth. Additionally, the Team Lead supports activities related to mutual fund registrations and operations and implements effective strategies for operational and compliance change management.

This position upholds established compliance programs and fosters ongoing compliance education, contributing to organizational growth while prioritizing risk mitigation and strict adherence to all applicable regulations.

Here’s what would be included as a part of your typical day

Leadership:Provides leadership to direct reports including performance management, regular coaching, training, goal setting, performance reviews, and ongoing feedback to reinforce positive behaviors or identify and correct issues. Assists in recruitment for the department, participate in the selection process and provide recommendations on hiring decisions. Serves as backup to compliance team members or performance leader.

Compliance Framework: Ensures daily and monthly Tier 1 reviews of advisor trading activity, and approval of all account documents (., NAAF, KYC updates, Trading Authorization) are conducted within prescribed timelines, ensuring compliance with CIRO MFD Policy 2 minimum standards for supervision. Communicates regulatory, procedural, and dealer-driven changes to team members and advisory teams. Assists advisors in overcoming obstacles through additional resources, removal of roadblocks, and providing the level of support required for their success.

Supports the team with handling of client complaints, compliance queries, contribute to compliance training, and supports continuous education initiatives.

Collaboration & Business Delivery: Partners with leaders to promote integration and teamwork across all lines of business; contributes to the development and support of best-practice tools and processes for advisory teams. Shares updates on issue trends, continuing education tracking, and more with other business leaders, including progress, achievements, and challenges. Supports compliance-related projects, initiatives, and strategic objectives in partnership with wealth management leadership.

Collaborates with internal and external stakeholders to maximize operational efficiency and compliance effectiveness. Stay abreast of regulatory changes and support advisors with ongoing compliance education and training.

Operations: Supports the wealth operations team responsible for registrations and operations and provides guidance on complex situations and escalations. Ensures regulatory obligations are met for sweep accounts, client reassignment, error and complaint management, and marketing approvals.

Risk Management: Ensures all First West, Aviso Wealth, and securities regulatory procedures are followed by registered employees. Maintains compliance standards to consistently achieve annual "green" audits and reviews. Coordinates dealer audits with branches and support audit follow ups and responses. Monitors advisor activities for outside business activities, personal financial dealings with clients, and potential red flags in assigned branches.

Required Skills, Experience & Qualifications

Bachelor’s degree in business, commerce, or an equivalent blend of education and experience required

Must be eligible for CIRO registration as a Branch Compliance Manager

Financial Planning Designation preferred (CFP or PFP in good standing)

5+ years of experience in financial services, specifically in wealth management operations and compliance

At least 1 year of supervisory experience of cross-functional teams preferred.

Advanced understanding of mutual fund products and services.

Knowledge of Canadian regulatory frameworks (CIRO, CSA)

Experience with third-party providers such as Aviso Wealth is an asset

Good leadership and relationship-building capabilities, including coaching for both development and results

Strong interpersonal skills, able to quickly earn respect and credibility from team members and regional colleagues

Ability to form successful partnerships with a wide range of stakeholders, both internal and external

Quick learner, adaptable to change, with a collaborative and team-focused mindset

Proficiency in M365 Office applications, Broadridge Dataphile

Strong analytical skills with good attention to detail

Change management

Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures.


Increase/decrease your Search Radius (miles)



Job Posting Language