The Financial and Consumer Services Commission (Commission) is a leader in integrated financial and consumer services regulation. The Commission's mandate is to protect consumers and enhance public confidence in the financial and consumer marketplace through the provision of regulatory and educational services. With offices in both Fredericton and Saint John, it is responsible for the administration and enforcement of provincial legislation regulating mortgage brokers, payday lenders, real estate, securities, insurance, pensions, credit unions, trust and loan companies, cooperatives, unclaimed property, and a wide range of consumer legislation. The Commission is a self funded Crown corporation responsible for the administration and enforcement of financial consumer services legislation.

We offer opportunities for dedicated professionals to play a vital role in carrying out our mandate.

Compliance Officer, Title Protection - Securities Division (Saint John office)

Are you ready to play a pivotal role in shaping the future of financial title protection? Join us in a dynamic new position designed to operationalize the Financial Advisors and Financial Planners Title Protection Act (TPA) ahead of its launch.

In this critical role, you'll be at the forefront of developing an essential framework, including developing a compliance strategy and processes, overseeing ongoing operations, and creating educational materials for title holders and the public. You'll also be responsible for reviewing and recommending the approval of credentialing bodies to the Director, ensuring their adherence to TPA requirements. As the Commission's main liaison with regulatory agencies and the go-to resource for TPA matters, you'll drive ongoing improvements, handle public inquiries, and help maintain the integrity of the system. This is your chance to make a lasting impact in an investor protection environment while advancing the financial services industry's standards.

Your Focus

Operationalizing TPA framework

Create required forms for the application process and ongoing reporting requirements, and assist in the development of guidance documents, website content, and educational materials for title holders and the public.

Reviewing applications for approval

Review applications from credentialing bodies and financial title credentials, recommending approval or rejection to the Director with applicable terms and conditions.

Developing and implementing a compliance regime

Develop and implement a compliance strategy, including complaint handling, conduct compliance reviews of credentialing bodies, identify legislative breaches, and prepare recommendations for disciplinary actions or enforcement referrals. Act as an expert resource during enforcement investigations as needed.

Acting as key operational resource

Collaborate with regulatory agencies to maintain harmonized rules, advance necessary rule amendments, respond to public inquiries and complaints, review annual return forms from credentialing bodies, and maintain current website content. Ensure credentialing bodies pay required annual fees and keep an updated list of credentialing bodies and credentials.

Supporting other activities

Participate in compliance reviews within the Securities division and support other internal ad-hoc projects as needed.

What you bring

• University degree in business, commerce or a related discipline;
• 5+ years of relevant industry work experience;
• Understanding of risk and compliance issues in a regulatory environment;
• Working knowledge of securities and/or insurance legislation;
• Experience in developing and implementing strategies, or policies and procedures;
• Effective communicator in both collegial and adversarial situations;
• Experience working in situations that require critical thinking and sound decision making;
• Ability to learn quickly and take initiative;
• Strong organizational skills with the ability to manage multiple priorities and meet deadlines.

Additional Strengths

• Experience in conducting audits of participants in a regulated industry is an asset;
• Bilingualism (English and French) is an asset;

The Financial and Consumer Services Commission offers a competitive salary and benefit package as well as excellent opportunities for personal growth and challenge. Salary will be commensurate with experience. If you are interested in being a key part of this team, please forward your résumé and covering letter.

Salary Range: $74,002 to $101,752 (annual compensation)

For more information about this position please visit our website at www.fcnb.ca or call the Human Resources Officer at (506) 643-7790.

Please note that only candidates selected for further evaluation will be contacted.