Compliance Manager (Toronto)
We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.91 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.
PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities. Position Description:
The Compliance Manager will report to the Chief Compliance Officer, Canada and will be a member of the Canadian Legal and Compliance Department.
The Compliance Manager is responsible for working with the Canadian Legal and Compliance team to facilitate PIMCO's Canadian compliance program. The candidate will primarily be responsible for assisting with the implementation and oversight of the compliance requirements for PIMCO's activities under the investment fund manager, portfolio manager, and exempt market dealer registrations, including, but not limited to, compliance monitoring programs designed to prevent and detect employee behaviour that is in contravention to regulatory requirements and/or internal compliance policies and procedures. Areas of focus include, but are not limited to, sales practices, anti-money laundering, conflicts of interest, and trading related policies.
The role will also require working on compliance initiatives as well as researching, recommending and participating in the implementation of technology solutions to help enhance PIMCO's compliance programs and processes. The candidate will work closely with teams and individuals across all functional areas within the firm as well as with other global offices.
The Compliance Manager must build solid internal relationships with members of the Legal & Compliance Team and positive relationships with trade floor personnel, product management and operations. Keys to success of this role is the ability to multitask, strong management skills, provide accurate and direct practical advice in a timely fashion, as well as possessing strong interpersonal skills (both written and verbal). Position Requirements: Education
•An undergraduate degree is required.
•CFA Charterholder or working towards is an asset. Experience
•5+ years of compliance experience with a large and diverse investment management firm
•Strong background in fixed income instruments, derivatives, alternative products and equities
•Strong knowledge of regulatory requirements applicable to investment managers including National Instruments 81-102, 81-105, 81-107, 31-103.
•Knowledge of employee conduct compliance policies and procedures including implications of information security barriers and restricted lists, material nonpublic information and wall crossing procedures
•Experience with drafting, implementing, monitoring and training on compliance policies and procedures
•Experience interacting with senior management including trade floor and business personnel
•Demonstrated ability to execute projects/initiatives in a focused and highly tactical manner
•Ability to flourish in a meaningful, fast-paced and professional environment with frequent shifts in priorities as business needs dictate
•Focus on specific personal and team goals and demonstrate a sense of personal growth, accountability and urgency for achieving results
•Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of PIMCO Benefits:
PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
- Medical, dental, and vision coverage
- Life insurance and travel coverage
- 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
- Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
- Community involvement opportunities with The PIMCO Foundation in each PIMCO office