Senior Compliance Specialist

Job Summary : Responsible for researching, assessing,

and documenting regulatory compliance. Provides

regulatorycompliance support and guidance affecting the

organization's products, business practices, policies, and

procedures.Job Location : Remote - Oakville, OntarioMain

Responsibilities : Maintains and applies knowledge of regulations

and regulatory changes relevant to the industry and the

organization.Works with business relationship owners and vendors to

train, educate, mitigate compliance risks, and drive industry

bestpractices.Ensures regulatory standards are applied to

organizational policies, procedures, and / or products.Performs risk

assessments on operational areas with regulatory lines of business.

Contributes to monitoring and auditing workplans. Conducts

monitoring, auditing, and surveillance of operational functions,

reports results to stakeholders, andtakes compliance actions in

response to findings.Responds to compliance related questions,

complaints, and incidents.Works with stakeholders to develop

corrective action plans.Facilitates organizational compliance

training on general compliance and other topics required by

regulation.Manages timelines and deliverables, coordinating, and

evaluating internal responses. Analyzes and communicates business

impact and potential risks to leadership.May identify areas of

non-compliance.May develop relationships with regulators and

respond to inquiries, surveys, and audits, as requested.Performs

other duties and responsibilities as assignedBasic Qualifications :

Experience : 5 years' internal audit, legal, compliance, insurance,

government program, or relevant experienceEducation : Bachelor's

Degree or equivalent work experience (One-year relevant experience

is equivalent to one-year college)Insurance Industry

BackgroundLevel Specific Responsibilities : Independently manages

project timelines and deliverablesDevelops relationships with

regulators and responds to inquiries, surveys, and audits, as

requestedIdentifies areas of process improvement and maintains

documentationProject team leadAddresses escalated compliance

matters and refersmatters to leadership for collaboration and

consultationDelivers well-reasoned and detail-oriented work product

of the highest qualityAccountability / Complexity : May manage projects

requiring the responsibility of delegation of work and review of

resulting work productWorks independently under limited

supervisionMay be responsible for providing guidance, coaching, and

training to other employees within job area