Senior Advisor Legal Affairs and Compliance

National Bank of Canada based in Toronto, ON is inviting applications from suitable candidates for the position of Senior Advisor Legal Affairs and Compliance. The National Bank of Canada holds a preeminent position as a leading financial institution, providing a comprehensive array of financial services. These services encompass personal, commercial banking, wealth management and investment banking. The National Bank plays a vital role in the country’s financial sector. It offers a diverse array of products and solutions to address the evolving needs of its clients. The candidates selected for the vacancy will be required to start the work as soon as possible.

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Job Description:

Employer Name: National Bank of Canada
Position: Senior Advisor Legal Affairs and Compliance
No of Vacancies: 1
Salary: Salary is not mentioned, $55.00-$60.00 hourly estimated salary
Employment Type: Permanent
Job Category: Senior Professional
Location: Toronto, ON, CA
Schedule: Full-Time
Area of Interest: Insurance
Requisition ID/Job ID: 20137

Requirements:

Languages: Candidates must have knowledge of the English Language
Education: Candidates should have a bachelor’s degree related to the sector of activity and six years of relevant experience or Master’s degree related to the sector of activity
Experience: Candidates should have four years of relevant experience

Other Requirements:

• The candidates should be a member in good standing of a Canadian Bar
• The candidates should demonstrate an advanced level of understanding and knowledge of the legal (Common law) and regulatory framework in the field of life and health insurance in provinces outside Quebec
• The candidates should possess in-depth knowledge of products and activities related to the field of life and health insurance in provinces outside Quebec
• The candidates should have relevant experience in an insurance firm or within a regulatory body outside Quebec, which is an asset
• The candidates should showcase proven analytical ability with a strong solution-oriented mindset
• The candidates should exhibit strong communication and negotiation skills and demonstrate diplomacy and tact
• The candidates should have a sense of organization and priority management
• The candidates should have knowledge of French (spoken/written), which is an asset
• The candidates should be proficient in communication, diversity, and inclusion, as well as empathy
• The candidates should demonstrate initiative, learning agility, resiliency, and teamwork

Responsibilities:

• The candidates should be able to use their expertise to influence the risk culture and maintain the team’s skills to the highest expected standard by proposing solutions to employees and partners in the insurance sector to continuously improve practices related to the protection of customers
• The candidates should be able to act as an expert on the legal (common law) and regulatory framework for the sale and distribution of life and health insurance under provincial jurisdiction outside Quebec within the sector, guiding and advising internal and external stakeholders as well as management in decisions requiring expertise in compliance and legal affairs outside Quebec
• The candidates should be able to act as a liaison agent for the regions west of Quebec in compliance and legal affairs matters for internal partners (insurance representatives, management, operations) as well as external partners (insurers, auditors, regulatory bodies, industry non-profit associations)
• The candidates should be able to act as a legal expert and collaborate with external legal firms for all litigation files governed by regulators outside Quebec and requiring a formal legal opinion
• The candidates should be able to, in collaboration with the manager, ensure the planning, day-to-day management, and control of legal and regulatory activities dictated by provincial authorities outside Quebec impacting the field of life and health insurance
• The candidates should be able to ensure the maintenance and implementation of best practices as well as the updating of various components of the legal and regulatory framework outside Quebec within the sector, particularly the compliance manual and the regulatory library
• The candidates should be able to act as the single point of contact for regulatory authorities and various committees of the life and health insurance industry outside Quebec
• The candidates should be able to supervise the development of reports, questionnaires, declarations to be submitted to regulatory authorities outside Quebec and to management, notably the annual compliance reports
• The candidates should be able to coordinate the elaboration, monitoring, and implementation of various action plans resulting from recommendations issued by internal and external stakeholders (internal audit, corporate compliance, regulatory authorities, and others)
• The candidates should be able to establish, maintain, and apply the framework for monitoring the sales practices of representatives working in provinces outside Quebec so that they comply with internal policies and legal and regulatory requirements of the industry

Benefits:

• The candidate will get a health and wellness program, including many options
• The candidate will get flexible group insurance
• The candidate will get a generous pension plan
• The candidate will get an Employee Share Ownership Plan
• The candidate will get an Employee and Family Assistance Program
• The candidate will get preferential banking services
• The candidate will get opportunities to get involved in community initiatives
• The candidate will get access to a telemedicine service
• The candidate will get access to a virtual sleep clinic

How to apply:

If the position is fit for you and the basic requirements are fulfilled then you can now apply directly to the employer (along with your resume) through the below-mentioned details.

Apply Online

 

 

 

We thank all the applicants for showing their interest and trust in us, however, only the most eligible candidates will be selected and conducted for further procedure directly from employers, in between no charges/fees or original documents will be asked from any applicant. All the best!

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