Regulatory Analyst, Registrant Oversight

Regulatory Analyst, Registrant Oversight

(Competition 2024.1216)

Our organization:

The Alberta Securities Commission (ASC) is the industry-funded regulator responsible for administering the province's securities 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, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

The Market Regulation division oversees registrants (dealers, advisers, and investment fund managers), industry self-regulatory organizations (SROs), and equities and derivatives marketplaces. With a dynamic team of investment and financial professionals, the Registrant Oversight team oversees market participants while balancing effective regulation with our stakeholders’ need for efficient capital markets.

The opportunity:

Reporting to the Team Lead, Registrant Oversight, the Regulatory Analyst is primarily responsible for conducting in-depth reviews of the operations of registered firms. These reviews are critical to the ASC’s role in identifying firms and individuals that are not in compliance with regulatory obligations in the Alberta capital market, which prevents future harm to investors and ensures the fair and efficient regulation of market participants.

Key responsibilities include:

• Planning, organizing, and leading business conduct compliance reviews of registered firms, including assessing areas of risk, writing review findings, drafting compliance reports, and providing recommendations to management.
• Interacting with registrants, including conducting in-depth interviews, face-to-face meetings and clear written correspondence.
• Assisting with the evaluation of business operations and processes, and assessing compliance with regulatory obligations.
• Preparing written reports recommending courses of action both for market participants and the ASC with issues arising from the financial and conduct compliance oversight reviews.
• Communicating with the public and industry members in relation to inquiries and complaints.
• Assisting the Team Lead and management with projects in support of divisional, operational, and strategic initiatives.

The ideal candidate will posses:

• An undergraduate degree in Business Administration, Commerce or similar field
• A relevant professional designation in finance, accounting, or investment management (a CFA or CPA designation) is preferred.
• Six to eight years post designation work experience in the financial industry, securities regulation, compliance or equivalent roles with increasing levels of responsibility.
• A strong understanding of, and interest in, capital markets, financial instruments and the oversight of its participants.
• An ability to communicate effectively with market participants, stakeholders, and colleagues. Strong writing skills are required.
• Highly developed analytical decision-making and problem-solving skills.
• The ability to meet tight deadlines, work well in a team environment, and manage multiple priorities in a busy environment.
• Proficiency in information technology systems including client relationship management and knowledge base software.