- Ontario Securities Commission
- Lawyer - In House Counsel, Lawyer - Other
- Area of Practice
- Securities Law, Regulatory
- Job Type
- Full time
- Minimum Level of Education
- Professional degree - LL.B
- Minimum Number of Years in Practice
- 4-10 years
The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The Commission’s mandate is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair and efficient capital markets and confidence in capital markets, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, adjudication and enforcement work. The OSC also contributes to national and global securities regulation development.
The Compliance and Registrant Regulation (CRR) Branch oversees the dealers, advisers and investment fund managers that the public relies upon when investing in securities. Using a risk-based approach, CRR focuses on initial and ongoing registration and compliance reviews of registrants. CRR also develops significant policy/legislative initiatives affecting registered firms and individuals, at both the Ontario and national levels. As well, the CRR Branch administers the Opportunity to be Heard process and other administrative processes that deal with registrant misconduct as part of the compliance – enforcement continuum. The CRR Branch consists of several multi-disciplinary teams including professional staff (chartered professional accountants, lawyers and compliance examiners), registration officers (corporate and individual), and support staff.
Summary of the Opportunity:
The Manager, Registration is a member of the CRR Branch management team, reporting to the Deputy Director, Registrant Conduct. The role is responsible for leading the registrant registration function while overseeing a large team with 5 direct reports. The team is comprised of supervisors, a lawyer, an accountant, financial analysts, registration officers and support staff. This role is accountable to foster and build productive relationships with the registrant community and will develop, maintain and continually improve processes and systems. The Manager, Registration will also provide oversight of registrant financial matters including participation fees, registrant capital and financial statement matters.
Key Duties and Responsibilities
Provides leadership to the registrant registration function and leads the oversight of all aspects of registrant financial matters including participation and late fees and collection process, audit of participation fee collection and revenue process review, financial statement and capital calculation reviews.
Collaborates with the Deputy Director, Registrant Conduct to foster and build relationships with the registrant community, SROs, the CSA and other internal/external stakeholders.
Maintains and improves registrant and applicant due diligence assessment processes. Builds new processes as required, for example, the registration of dealers in syndicated mortgage investments and derivatives.
Contributes to establishing CRR’s Branch strategic goals and business priorities as a member of the management team, aligns with the direction of the organization’s goals and monitors progress towards meeting the goals and priorities.
Manages staff performance and development including performance management and reviews, setting goals and priorities, and coaching and mentoring team members.
Qualifications and experience we are seeking:
You are a Chartered Professional Accountant (CPA) in good standing with CPA Ontario or a Lawyer (J.D./LL.B) licensed with the Law Society of Ontario.
You are a seasoned professional with strong experience in a regulatory role within the securities industry or in a regulatory body (a minimum of 8-10 years' experience).
You have demonstrated expert knowledge of the Canadian securities regulatory environment including the Securities Act (Ontario) and the Commodity Futures Act (Ontario).
You have deep knowledge of capital markets, preferably in the area of registration or compliance.
You have demonstrated success as a leader. Experience managing a large multi-disciplinary team in a modern, high-performing work environment would be an asset.
You have superior leadership and management skills with the ability to coach, mentor, guide and motivate a professional team.
You have demonstrated success developing productive relationships among stakeholders with common and competing interests.
You are able to interact professionally with external stakeholders, senior managers, and subject matter experts on external facing, time-sensitive matters that have significant implications for stakeholders and investors.
You have excellent communication, presentation, problem solving and critical thinking skills.
Leadership competencies and attributes we are seeking:
You build relationships by fostering collaboration and partnerships
You deliver results by setting strategic plans and priorities
You identify and utilize team potential
You engage and enable talent by modeling leadership and diversity
You continually improve by leading innovation and creativity and cultivating learning and growth
You demonstrate high levels of integrity and ethical behaviour, and self-awareness
Grow your career and make a difference working at the OSC.
Apply online by February 18, 2019.
**Internal applicants: please apply using the Taleo profile created with your OSC email address**
The OSC is committed to providing an inclusive workplace environment that meets the accessibility needs of employees with disabilities. Please go to Accessibility at the OSC to review the OSC’s policies on accessibility and accommodation in the workplace.