Compliance Manager,Business Job Toronto area,Ontario Canada,Business

The role is within the Global Distribution Compliance team, supporting Manulife Wealth & Asset Management’s overall governance framework. This role will report to the Director, Compliance and liaise with the sales support and marketing teams to ensure its employees are following applicable regulatory requirements and internal policies. The role includes maintaining and revising current compliance policies and frameworks, as well as tracking industry best practices with a focus on continuous improvement.

This role will act as the key advisor to the Sales team on sales practices matters pertaining to NI 81-105, and will engage in review reviewing and monitoring of Sales Practices activities. This person will also provide independent reviews of marketing materials and act as a key advisor to the business as it pertains to 81-102 and internal Manulife policy and procedures.

Reviews will include but are not limited to; investment strategy presentations, private fund presentations, fund pitch books and other materials; fact sheets, RFP’s/RFI’s, social media, web content and other such materials which may include both print and digital formats. In addition, the individual will be responsible for tracking global industry best practices with a focus on continuous improvement.

Position Responsibilities:

Owning the sales practice-related policy, identifying and recommending necessary updates to current policies, procedures, and manuals to mitigate conflicts of interest and improve adherence to regulatory compliance requirements

Represent sales practice compliance as a subject matter expert on projects initiated by stakeholders across the organization; assist in reviewing and approving sales practice approval requests submitted by the Sales Support team

Conduct reviews and investigations with sales teams for Sales Practice violations;
Monitor business conduct and investigations for any regulatory non-compliance activity

Provide compliance training and consultation regarding regulatory requirements and internal policies to the Sales team

Maintain professional working relationships internally and externally with securities regulators;
Support all types of audits as required

Monitor and stay abreast of distribution-related regulations and assess the impact to sales, marketing, and other communications materials

Support the retail and institutional side of the sales communications and marketing material review and supporting distribution compliance team projects, such as new product launch, ESG, GIPS, AI review initiatives, and participate in other projects to support the compliance team and business partners as necessary

Provide advice to firm personnel regarding distribution compliance-related matters

Work collaboratively as part of a broader team, while serving as an individual contributor, setting direction, establishing goals, and managing assigned tasks.

Be capable of handling advanced compliance work

Share best practices with the team to ensure consistent development and maintenance of business, processes, or products in compliance with company and regulatory requirements.

Collaborate with all areas of the organization to ensure compliance needs and business goals are met.

Required Qualifications:

At least 3-5 years of compliance-related experience in investment management and the mutual fund industry, and applicable regulatory requirements for Investment Fund Manager, Portfolio Manager and Commodity Trading Manager categories of registration.

A Bachelor's/Master's degree is required.

In-depth knowledge of NI 81-102 and NI 81-105, and a working knowledge of NI 31-103, NI 81-106 and NI 81-107 requirements related to investment funds and applicable securities regulations

Strong understanding of Canadian sales practices, regulatory framework and industry best practices

Knowledge and proficiency with AI tools, including the ability to use AI to streamline workflow, analyze information, and support compliance processes.

The ideal candidate possesses a compliance background and/or experience in a controls function and has a strong understanding of regulatory requirements as they impact business activities (e.g. NI 81-105),…

Compliance Manager, Business