Director, Branch Inspections Testing

Join a top global Canadian banking organization as they look to augment their compliance testing program for their broker-dealer.

Client Details

Client is a top, global Canadian banking firm.

Description

• Lead the development and execution of a comprehensive, risk-based branch inspection and compliance testing program to assess adherence to regulatory requirements and internal policies across the firm's banking and broker-dealer operations.

• Oversee the planning and implementation of annual and ad hoc testing cycles, ensuring alignment with the firm's compliance risk assessment, regulatory developments, and emerging business risks.

• Establish and maintain testing methodologies, documentation standards, and quality assurance protocols to ensure consistency, accuracy, and defensibility of testing outcomes.

• Collaborate with key stakeholders across compliance, business units, legal, risk management, and internal audit to ensure testing efforts are well-coordinated and risk-informed.

• Identify and assess control deficiencies, policy breaches, and compliance gaps, and oversee the escalation, remediation, and validation of corrective actions.

• Provide timely and actionable reporting to senior leadership, compliance committees, and governance forums, including summary results, emerging trends, and key risk indicators.

• Monitor regulatory developments and industry best practices, and proactively adjust testing coverage and procedures to maintain alignment with applicable laws, rules, and guidance (e.g., SEC, FINRA, OCC).

• Serve as a key point of contact during regulatory exams and internal audits, including the coordination of requested materials, explanation of testing procedures, and resolution of findings.

• Lead, mentor, and develop a high-performing team of compliance testers and branch inspection professionals, fostering a culture of accountability, integrity, and continuous improvement.

• Leverage data analytics and technology tools to enhance test coverage, identify thematic risks, and improve the overall efficiency and effectiveness of the compliance testing program.

Profile

• Bachelor's degree required; advanced degree (e.g., JD, MBA, or Master's in a related field) or relevant certifications (e.g., CRCM, CAMS, Series 7/24) strongly preferred.

• Minimum of 10 years of experience in compliance, risk management, or internal audit, with a strong focus on branch inspections, compliance testing, or regulatory oversight within a financial services environment.

• In-depth knowledge of U.S. banking and broker-dealer regulations, including SEC, FINRA, OCC, FRB, and BSA/AML requirements.

• Proven leadership experience managing high-performing teams, including talent development, performance management, and organizational change.

• Demonstrated success in developing and executing compliance testing or monitoring programs using risk-based methodologies and control frameworks.

• Strong analytical, investigative, and problem-solving skills, with the ability to interpret complex regulations and translate them into practical testing protocols.

• Excellent written and verbal communication skills, including the ability to present findings, trends, and recommendations clearly and effectively to senior stakeholders.

• Experience interacting with regulators and internal audit functions, including managing regulatory exam readiness, documentation, and remediation tracking.

• Proficiency in compliance testing tools, data analytics platforms, and issue tracking systems, with a strong orientation toward process improvement and automation.

Job Offer

Opportunity to join one of the few global banking organizations actively growing their US pressence.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.