In Canada, a compliance manager plays a critical role in ensuring a financial institution adheres to all relevant regulations and internal policies in Canada. The role is responsible for developing, implementing, and overseeing the organization's compliance framework, mitigating risks, and fostering a culture of compliance within the institution.
Typical compliance manager duties:
Develop, implement, and maintain a comprehensive compliance program that aligns with regulatory requirements and industry best practices.Conduct regular compliance risk assessments to identify potential risks and vulnerabilities.Oversee the implementation of new regulations and ensure effective communication across the organization.Develop and maintain compliance reports for senior management and regulatory bodies.
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Salary for Compliance Manager - Financial Services
105000 -
141000
25th percentile
105000
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
121250
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
141000
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
