Regulatory Analyst (CPA, CA)

Regulatory Analyst (CPA, CA)

(Competition #2023.44)

Our organization:

The Alberta Securities Commission 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 the 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 (CPA, CA) is responsible for monitoring and reviewing the financial health of registered firms by proactively identifying high risk financial results, and taking action when firms are in violation of minimum capital requirements, or non-compliant with financial reporting/capital adequacy obligations. In addition, this position is 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 participants.

Key responsibilities include:

• Monitoring financial filings by exempt market dealers, portfolio managers, and investment fund managers for capital adequacy.
• Conducting risk assessments and formulating financial compliance review plans.
• Performing financial compliance reviews and interacting with registered market participants in the context of financial compliance reviews.
• Preparing concise, clearly written reports recommending courses of action both for market participants and the ASC with respect to topics arising from the financial oversight reviews.
• Recommending changes or improvements to the financial compliance oversight program.
• Analyzing complex information, researching, interpreting legislation, and drafting technical and analytical reports and documents.
• Training and providing guidance to junior analysts or regulatory analysts regarding financial compliance reviews.
• Plan, organize, and lead business conduct compliance reviews of registered firms, including assessing areas of risk, writing review findings, drafting compliance reports, and providing recommendations to management.
• Communicate with the public and industry members in relation to inquiries and complaints.
• Provide administrative support to the Team Lead and management regarding projects in support of divisional, operational, and strategic initiatives.

The ideal candidate will possess:

• A university degree in business, finance, economics or a related discipline.
• A Canadian Accounting Professional (CPA - CA) designation. Other relevant qualifications and designations would also be considered.
• A minimum of three years of experience as a senior accountant (or similar role) with increasing responsibility conducting audits and examinations, preferably in a public accounting firm.
• Strong knowledge of IFRS.
• Exceptional research and analytical skills.
• Superior written and oral communication and presentation skills.
• Ability to meet tight deadlines, work well in a team environment, and manage multiple priorities in a busy environment.

To apply:

Visit our website to submit your resume, cover letter and salary expectations by September 26, 2022.  More information about working at the ASC including our comprehensive Total Rewards package can be found on our website at www.albertasecurities.com.