Compliance Associate

About Cardinal

Cardinal Capital Management is an independent investment firm based in Winnipeg, Manitoba, founded in 1992. The firm manages over $6.8 Billion in assets for individual and institutional investors across Canada. Our common sense approach to investing has helped our clients safely and profitably invest and manage their wealth for over 30 years.

Position Summary

We are seeking a highly analytical and experienced professional to join our team in a critical dual role in both Compliance and Finance. This position ensures rigorous adherence to all Canadian securities regulatory requirements and anti-money laundering (AML) regulations while providing essential financial and accounting support. The ideal candidate will be a proactive, detail oriented subject matter expert who can foster a firm-wide culture of regulatory excellence.

This role involves a blend of daily compliance tasks, monitoring, and reporting to mitigate legal, regulatory, and reputational risks. The Associate will work closely with the compliance team on all compliance matters within Cardinal with additional oversight and support from the executive team and external legal and/or regulatory counsel.

Key Duties & Responsibilities

• Conduct the review and approval of new accounts for completeness, suitability, and regulatory compliance.
• Perform account monitoring reviews for investment policy statement adherence, restricted securities, trade frequency, and overall suitability.
• Personal trading reviews and approvals.
• Review and approve all marketing materials, presentations, and client communications prior to use.
• Monitor firm and employee social media presence to ensure compliance with advertising standards and conduct rules.
• Manage and coordinate the annual employee attestations/certifications process.
• Assist with regulatory filings, including updates to the National Registration Database (NRD) registrations for firm and staff.
• Provide essential support for both internal and external regulatory and AML audits.
• Manage the formal complaint handling process.
• Oversee the supervision of referral arrangements to ensure compliance with required disclosure and record-keeping rules.
• Recommend changes and updates to the Compliance Manual to reflect new regulatory requirements or changes in business practices.
• Conduct training of staff with specific compliance requirements or emerging issues.
• Proactively remain informed of new and changing regulatory requirements impacting PMs in Canada (e.g., CSA staff notices, amendments to National Instruments).
• Support the Compliance team in various assigned tasks and other miscellaneous compliance duties.
• Assist the Finance Department in reporting and preparational of financial and regulatory filings.

Qualifications & Requirements

• In-depth knowledge of the financial services industry, including proficiency in understanding provincial Securities Acts, AML regulations, and knowledge of the by-laws, regulations, and policies of the Self-Regulatory organization.
• Post-secondary degree in a relevant business discipline.
• Completion of the Canadian Securities Course (CSC) is preferred.
• Completion or relevant compliance courses (such as the CCO Qualifying exam, investment fund/manager compliance, etc.) is preferred.
• 3+ years of progressive experience in the Canadian financial services industry, ideally within a compliance, operations, or accounting role at a registered Portfolio Manager (PM) firm is preferred.
• Completion of CPA and/or other professional designations (Compliance and/or Accounting related) considered an asset.
• A combination of education and experience will be considered.

Skills & Attributes

• High level of attention to detail.
• Excellent time management.
• Analytical, problem solving and judgment skills.
• Uncompromised ethics and the ability to handle highly confidential firm and client data.
• Excellent communication skills to articulate complex compliance concepts and effectively train staff across all levels of the organization.

How to Apply

If this opportunity aligns with your experience and career goals, please apply directly to this posting. Alternatively, you may email your résumé and cover letter in confidence to: ***email_hidden***.

• We thank all applicants for their interest. Only those selected for an interview will be contacted.

Job Type: Full-time

Salary and Benefits

• Base Salary of ~$60,000 - $65,000 (Commensurate with Experience)
• Dental care
• Employee assistance program
• Extended health care
• On-site parking
• RRSP match
• Vision care
• Wellness program