Director, Innovation

As a self-regulatory organization, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. At the Canadian Investment Regulatory Organization (CIRO), we are committed to setting high regulatory standards for the investment industry, safeguarding investors, and supporting the integrity of Canada’s capital markets. Join a growing team and contribute to the dynamic and complex world of Canadian capital markets.

As a self-regulatory organization, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. At the Canadian Investment Regulatory Organization (CIRO), we are committed to setting high regulatory standards for the investment industry, safeguarding investors, and supporting the integrity of Canada’s capital markets. Join a growing team and contribute to the dynamic and complex world of Canadian capital markets.

Reporting to the VP, Strategy & Innovation, and Member Services, the Director, Innovation is responsible for the development and execution of CIRO’s initiatives to support transformation and innovation in the Canadian investment industry and assist CIRO and member firms in identifying and managing emerging risks and trends. The Director is responsible for the management and delivery of Innovate Safe, CIRO’s regulatory innovation program, and for supporting responsible pathways for testing and advancing novel ideas.

The Director also leads CIRO’s AI & Automation Centre of Excellence, supporting the responsible, scalable and value-driven adoption of AI and automation across the organization. The Director is expected to bring a curious, solutions-oriented and forward-looking mindset to the role, actively engaging with firms and other stakeholders, challenging conventional approaches where appropriate, and looking for responsible ways to enable innovation.

The role requires comfort operating in areas where the regulatory answer may not yet be clear and an ability to find practical pathways forward.

• Leadership and team management
• Manage a team of individual contributors, providing guidance, mentoring, and fostering a collaborative, accountable, curious, and innovative work environment
• Manage the day-to-day activities, workflow and projects of the Member Services and Innovation team
• Manage team members’ compliance with departmental policies and procedures, KPIs, security protocols, code of conduct
• Collaborate with cross-functional teams to understand business needs, bringing together different perspectives, and developing practical solutions to complex or novel issues
• Keep up to date with CIRO Rules, industry processes, practices and securities laws, as well as with emerging technologies, business models and industry developments
• Innovation
• Develop and execute CIRO’s Innovation mandate, projects, and annual priorities, working with internal and external stakeholders
• Lead and manage Innovate Safe, including the assessment and advancement of novel proposals, development of testing approaches and conditions, ongoing oversight of tests, and coordination with internal and external stakeholders
• Engage proactively with Members, innovators, regulators and other stakeholders to understand emerging ideas, technologies, business models and barriers to innovation
• Navigate regulatory uncertainty and identify practical pathways where existing rules or regulatory frameworks may not have contemplated a new technology, product or business model
• Identify and evaluate existing and emerging risks and issues impacting Members, investors and the…