Junior Operations Specialist

Pay Rate: $20-24/hour T4

Location: Downtown Toronto (Hybrid - Mondays & Tuesdays in office)

Start Date: End-May, 2025

End Date: 12 months from start (potential of extension/conversion to permanent)

Are you passionate about regulatory compliance and looking to make a significant impact in the banking industry? We are seeking a dynamic and detail-oriented Jr. Operations Specialist to join our team. This role offers a unique opportunity to work closely with our Business Unit Compliance Officers, providing critical support and analysis to ensure our operations meet all regulatory standards.

Why Join Us?

• Impactful Work: Play a key role in enhancing our compliance programs and keeping our business updated on legislative and regulatory changes.

Key Responsibilities:

• Regulatory Impact Assessment: Evaluate the impact of Federal and State regulations on our lending and deposit operations.
• Process Review: Analyze and review current processes to ensure compliance with regulatory requirements.
• Risk Assessments: Assist in completing Regulatory Compliance Risk Assessments.
• Process Development: Draft and implement internal processes for the Compliance Team.
• Compliance Controls: Identify and implement compliance-related processes and controls.
• Monitoring & Testing: Develop and execute plans for monitoring and testing compliance controls.
• Regulatory Inventory: Create and maintain a regulatory control inventory.
• Reporting: Prepare and provide summary reports on regulatory reviews, risk assessments, and monitoring activities.
• Quality Assurance: Assist in reviewing and ensuring the quality of completed tasks.

Qualifications:

• Technical Expertise: Ability to read and understand technical compliance material.
• Experience: 2+ years in Deposit Compliance and Banking Compliance.
• Independence: Ability to work independently with minimal direction.
• Communication: Strong oral and written communication skills.
• Analytical Skills: Strong analytical skills with a keen eye for detail.
• Risk Management: Experience in risk management is desirable.
• Project Management: Understanding of project management principles and the ability to coordinate efforts across teams.
• Technical Proficiency: Strong computer skills, particularly in Microsoft Outlook, Excel, and Word. PowerPoint skills are a plus.
• Education: An advanced degree is desirable.

Skills:

• Regulatory Background: Must have experience in regulatory compliance and the ability to analyze Federal regulations.
• Banking Operations: Experience in lending/deposit operations within a banking organization.
• Regulatory Compliance: Familiarity with Deposits Regulatory compliance (e.g., Reg E, Reg CC, Reg DD, NACHA, or Remote Deposit) is preferred.
• Excel Proficiency: Strong skills in Excel.

If you are ready to take on a challenging and rewarding role in regulatory compliance, we want to hear from you! Apply now and be part of a team that values your expertise and dedication.