Vice President, Legal & Compliance - Jobs in Toronto Dominion Centre

Job Description

About OmersFor more than 60 years, OMERS has humbly served as the steward and guardian of the retirement income of more than half a million active, deferred and retired municipal employees from communities across Ontario.With a world-class team of investors and professionals across offices in North America, Europe, Asia and Australia, OMERS has generated $124.2 billion in net assets, as of December 31, 2022, making it one of the largest defined benefit pension plans in Canada.The RoleBased in Toronto or New York and reporting to the Senior Vice President, Global Head of Compliance and Associate General Counsel, Christine Sharp, the Vice President Legalamp; Compliance, Infrastructure will have accountability for the North American and European compliance function for the OMERS Infrastructure business. With 80+ investment professionals, OMERS Infrastructure currently has $30B of assets under management and 33 investments across 5 continents. Unlike OMERS other asset classes, a key component of OMERS Infrastructure #39;s strategy includes co-investing with third party investors and raising external third-party capital resulting in a SEC and FCA registration as well as increased complexity and additional critical compliance requirements.This executive will take a leading role, together with their counterpart supporting the Asia Pacific region, in the build/evolution of a robust, sophisticated global compliance framework (policies, procedures, tools) and strategy to support OMERS Infrastructure #39;s growth in size and complexity. More specifically, this leader will be accountable for:Team LeadershipLead, mentor, support and develop a geographically dispersed team of lawyers and compliance professionals in London (including the CCO for the FCA regulated subsidiary) and New York.Business Relationships/Trusted Advisor

• Liaising with business leaders across OMERS. Develop depth of knowledge and immerse in the business to be seen as a trusted advisor with the investment leaders in OMERS Infrastructure.
• Continue to build on the strong collaborative environment with colleagues locally and abroad including the Vice Presidents Compliance in the other asset classes and in Singapore; peers in pension administration, legal colleagues supporting Infrastructure.
• Serve on the Infrastructure Third-Party Capital Committee.

Compliance Monitoring Program

• Coordinate the development, review and administration of policies and procedures specific to Infrastructure business.
• Act as the Chief Compliance Officer for a Securities and Exchange Commission (SEC) regulated subsidiary. Manage the legal and compliance regulatory and reporting requirements to the SEC and other applicable regulators.
• Manage audits and investigations into regulatory and compliance issues.
• Monitor new and emerging regulatory and legal requirements and instituting changes to the compliance program as necessary.

Investment Transaction Support

• Support the deal teams on transaction due diligence, including Anti-Terrorist Financing, Anti-Money Laundering and Sanctions due diligence and Anti-Bribery and Corruption due diligence and risk assessments.
• Provide asset management compliance support and ongoing compliance monitoring.
• Support third party capital programs and asset syndications including providing regulatory advice, review of marketing materials, presentations and website content to ensure compliance with regulatory requirements.

Policy Management and Training:

• Monitor new and emerging regulatory and legal requirements and instituting changes to the compliance program as necessary.
• Participate on behalf of the investment businesses in the development of enterprise-wide policies for OMERS as it expands its global footprint.
• Support the compliance training program.

Candidate ProfileThe successful candidate will be a progressive and strategic compliance leader. The ideal candidate is a seasoned compliance leader with 10+ years of similarly senior experience having been responsible for helping to build or materially evolve the foundations of a sophisticated compliance program.

• Ideally this experience has been gained in an asset/investment management organization and this leader brings extensive knowledge of the capital markets regulatory framework.
• This executive may have commenced their career in a top tier law firm or currently serve within a firm with a practice specialization in the regulatory arena and is expert in advising clients on operationalization.
• Experience leading a team of legal and compliance professionals to raise the bar of robust compliance strategy.
• While strong technical foundation is a sine qua non, this executive will be equally skilled at understanding the business context and is viewed by their organization as a trusted advisor to the business.
• This individual will have experience in a fast-moving environment with various regulatory regimes and regulators but, critically important to bring experience in the SEC regime.

The successful candidate will demonstrate the following competencies:Business Judgment/Trusted Advisor

• Known for ability to go deep in the business; regarded as the business #39; trusted advisor.
• Ability to effectively balance the desire/need for change with an understanding of how much change the organization is capable of handling, to create realistic goals and implementation plans that are achievable and successful.

Leading Teams

• Leads by example and drives the organization #39;s performance with aquot;can do quot; attitude of continuous improvement.
• Ability to recruit top talent to join the expanding team, motivate and inspire, delegate effectively, celebrate diversity within the team and manage performance.
• Ability to persevere in the face of challenges and exhibit a steadfast resolve and relentless commitment to higher standards.
• Encourage an inclusive, cross-functional, non-bureaucratic environment.

Results Oriented

• Ability to set clear and challenging goals while committing the organization to improved performance, tenacious and accountable in driving results.
• A leader who is viewed by others as having a high degree of integrity and forethought in their approach to making decisions.
• Demonstrated experience with change management.

Relationships and Influence

• Gravitas and a well informed and articulated point of view to portray credibility with senior regulators globally.
• A keen listener, who is patient, diplomatic, collaborative and team-oriented.
• Exceptional interpersonal skills and ability to naturally connect and build strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively.

Our story:Founded in 1962, OMERS is one of Canada #39;s largest defined benefit pension plans, with $124 billion in net assets as at December 31, 2022. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children #39;s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe - serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.