Senior Compliance Officer

The Company 

InvestX was launched in 2014 with a mission to bring transparency and trust to the private equity market. We are a leading cross-border pre-IPO investor offering access to private equity deals that, for many decades, were exclusive to a limited investing population. With over US$500 million in investments and 80+ portfolio companies, we work with leading North American registered firms to offer accredited investors private equity investment opportunities in companies including Airbnb, SoFi, Spotify, DocuSign, Patreon, and many more. We have successfully launched multiple SPVs (Special Purpose Vehicles) and diversified funds and are currently investing in our fourth fund.   

   

InvestX is backed by leading financial institutions Jefferies, Virtu Financial, and Canaccord Genuity and has been featured in CNBC, Forbes, Bloomberg, U.S. News, Business Insider, Reuters, The Globe and Mail, and many other publications.  

About the Role 

We’re looking for a Senior Compliance Officer to take the lead in compliance functions of our affiliated Canadian registered Exempt Market Dealer (EMD), Investment Fund Manager (IFM) and Portfolio Manager (PM). The Senior Compliance Officer is an integral part of the Legal and Compliance Team and will report directly to the Chief Financial Officer and dotted line to the Chief Compliance Officer.  This individual will oversee and administer compliance activities for the registered entity in coordination with the corporate compliance frameworks. 

Location:  Toronto, ON; and Vancouver, BC (hybrid) 

Responsibilities 

• Lead the development, implementation, updating, and monitoring of the firm’s Compliance Program to ensure compliant product, service delivery, and support the operational efficiencies of the deal flow.

• Lead the execution of the firm’s Compliance Program and key Compliance priorities, including the management and oversight activities of the Compliance Department, remediation of identified regulatory deficiencies, identification, interpretation and assessment of regulatory changes, testing, and other matters.

• Ensure the firm’s compliance reporting process captures all the firm's compliance procedures.

• Oversee client accounts to ensure required disclosures and ongoing assessments.

• Review and approve investors’ KYC forms, Subscription Agreements, AML and suitability documents, and ensure reporting to demonstrate compliance is produceable.

• Supervise registered individuals, leading all aspects of registration and jurisdiction categories.

• Monitor and participate in registered individuals for KYC, KYP, and suitability compliance with clients, assessments and training.

• Prepare and engage needed stakeholders in drafting the CCO’s annual compliance report to the Board.

• Preparation and filing of applicable regulatory forms and filings for the firm and its products.

• Preparation of annual surveys / questionnaires from the OSC and BCSC, assistance in any regulatory audits.

• Review and approve all marketing materials, website, social media accounts, etc.

• Oversee annual reviews of Client Relationship Disclosure and Compliance Manual, aligning with industry best practice.

• Identify and manage training for employees/contractors regarding complying with internal and external policies related to compliance.

• Review client complaints, identifying compliance issues or trends in risk management.

• Ensure compliance with regulatory, corporate, and business requirements including private placement offerings, conflicts of interest, anti-money laundering and US Patriot Act.

  

Qualifications 

• Degree in business, law, or a related field.

• 5+ years’ specific experience in the securities, or similar financial based services.

• Strong knowledge and understanding of securities industry’s regulatory compliance practices, procedures and principles applicable to securities legislation and regulation.

• Experience participating in regulatory reviews and preparing regulatory correspondence a plus.

• Relevant industry education such as Canadian Investment Funds Course, Canadian Investment Funds Operations Course, CSC, PDO and other relevant continuing education courses.

• Experience managing stakeholders in the compliance cycle and ensure recommendations support the achievement of company goals.

• Detail-oriented and comfortable with legal and compliance documents and language.

• Aptitude to seek information, problem solve and exhibit sound judgment.

• Superior written and verbal communication skills with strong interpersonal and time management skills.

• Ability to work in a fast-paced environment and take initiative.

• Proficiency with the MS365 Suite of tools including Excel, PowerPoint, Word, and Outlook is required.

• Eligibility and willingness to travel between the US and Canada to attend occasional meetings.

• A Criminal Record Check and Background check including credit is required for this position.

Salary & Benefits    

• Actual salaries may vary based on factors, such as skill, experience, location and qualifications for the role.

• 2024 range is $95,000 - $125,000 CAD plus incentive plan and equity.

• Comprehensive Health & Benefit plan.

If this opportunity sounds like it is a good match with your skills, background and career direction, please apply through our Careers Page (https://www.investx.com/careers/)  with your cover letter and resume.