About Facility AssociationFacility Association is a leading organization in the insurance industry that stands out by fostering an open, trusting environment where work-life balance, motivation, and career growth are key for us. Our unique business model provides the opportunity to collaborate with multiple insurance companies across various provinces, giving you a diverse and enriching professional experience. We foster an environment that values trust, openness, and motivation, ensuring that every team member feels supported and inspired.Position SummaryThe Director, of Compliance, confirms that the teams roles, responsibilities, and results are efficiently coordinated and collectively optimized to align with the risk management, controls, and governance at Facility Association (FA). The incumbent executes and plans compliance activities, which include Member and Servicing Carrier audits, ensures practices are closely aligned with industry best practices, provides thought leadership to FA, and oversees/participates in other second level of defense activities, such as FSRA audits (Financial Services Regulatory Authority).Key Responsibilities:LeadershipDevelop/lead a high-performing and engaged team of Managers and Auditors.Coach, mentor, and develop career paths for direct reports, including formal annual performance reviews and development discussions.Attract, hire, and retain a team of high-performing professionals who possess outstanding knowledge and experience and adhere to FAs corporate values.Fill vacancies as required and oversee the onboarding/training process for new hires.Ensure the team adheres to the schedule for deliverables.Identify and provide ideas for improvement within the Compliance department and within FA.Champion continuous improvement practices.Collaborate with Managers, Directors, SLT and others within FA as needed.Provide thought leadership to FA.Audit Planning & Review (Member and Servicing Carriers)Ensure the annual risk-based audit plans are developed and approved.Ensure the approved plan is implemented as designed.Ensure proper resourcing for the implementation of the plan relative to the risk level.Ensure the plan is adjusted as needed in response to changes in risks, operations, systems, controls, or new/upcoming compliance requirements.Act as a department expert and resource to when responding to escalations or observations found within audits.Audit Execution (Member and Servicing Carriers)Ensure final audit reports are issued and distributed to the appropriate stakeholders.Ensure audit software is leveraged as appropriate.Second Line of DefenseEnsure annual FSRA audit processes are completed as planned.Oversee, participate and/or provide guidance for internal controls (CSAE 3416), Third party risk management compliance, Data governance.Participate in strategic initiatives to bring a compliance lens and assess impact and post-implementation operations.ReportingPresent updates to the Audit & Risk Committee and FA Leadership.Present dashboards outlining the status/effectiveness of audits.Lead and participate in Special Projects within the department or cross-functionally.Education and ExperienceDegree in Accounting, Finance or Business. Certified Internal Audit (CIA) and/or Certified Public Accountant (CPA) designation is an asset.At least 15 years of related work experience.At least 10 years of progressively senior/leadership roles in Compliance with a proven ability to lead and develop a team.Experience in Property and Casualty insurance is an asset.Experience with automobile insurance underwriting and claims is considered an asset.Project management skills with an ability to plan, organize, and control multiple initiatives in an accurate, timely, and effective manner.Why Join Us?Collaborative Environment: Be part of a supportive team that values professionalism and collaboration.Growth Opportunities: We offer avenues for professional development and career progression.Work-Life Balance: We are committed to fostering an environment where work-life balance is prioritized so we will only require attendance to the office twice per month.If you are a motivated professional with a passion for accounting, we invite you to apply and join our dynamic team.Facility Association is committed to providing accommodation for people with disabilities. Applicants need to make their needs known in advance.FA is proud to be an equal-opportunity employer. Alongside a commitment to excellence, FA is also committed to building a diverse working environment with hiring practices that encourage diversity in all its forms, including race, gender, sexual orientation, religion, and ethnicity, among others.Please be advised that only those applicants who are selected for interviews will be contacted.
Job Title
Facility Association | Director of Compliance