Director, Compliance Advisory in Toronto

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Together, we are the leading alternative lending bank in Canada, offering a diverse suite of products including residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending.

Join Home Trust as a Director, Compliance Advisory, reporting to the Vice President, Business Conduct & Chief Privacy Officer, and be part of our talented and growing team!

As a Director, Compliance Advisory, you will support the VP, Business Conduct & CPO in the general development, implementation, oversight and administration of the Bank’s consumer protection and privacy programs. The specific purpose of the role involves:

• Providing general compliance advisory support with emphasis on acting as the liaison between business units and consumer protection and privacy regulators.
• Providing strategic advice to business units to understand their compliance obligations, identify and remediate compliance gaps.
• Generating reporting on compliance issues.

What you’ll do

• Compliance Advisory (50%)
  • Identify, interpret and assess legislative and regulatory risks and impacts to the Company, particularly relating to consumer protection and privacy.
  • Proactively monitor, identify and report on compliance changes, trends and other forward-looking compliance matters.
  • Provide compliance advisory support on internal projects and initiatives requiring compliance certification.
  • Advise on RCM reportable events, breaches and other instances of non-compliance.
  • Track any issues to full resolution.
  • Review marketing, sales and product materials to ensure regulatory compliance.
  • Provide support to the VP, Business Conduct & CPO on consumer protection and privacy matters.
  • Advise the VP, Business Conduct & CPO on compliance policy recommendations.
  • Report on the status of consumer protection and privacy programs.
  • Generate compliance risk awareness within the designated product portfolio.
  • Provide subject matter expertise, guidance and coaching to internal Compliance staff.
  • Liaise/manage relationships with the Company’s internal control functions.
  • Provide compliance advisory support for new business initiatives and significant projects.
• Operational Compliance (30%)
  • Implement policies and procedures to mitigate reputational risk and meet regulatory requirements.
  • Periodically monitor compliance with Material Legislative Requirements.
  • Conduct Privacy Impact Assessments as required.
  • Review and coordinate responses to formal privacy access requests.
  • Support the development and refinement of compliance policies and procedures.
  • Provide assistance on compliance-related quality assurance reviews.
• Training (10%)
  • Assist in the development of training initiatives and materials.
  • Manage, develop and maintain compliance department training materials.
• People Leadership (15%)
  • Maintain direct supervisory responsibility of staff and provide coaching and direction.
• Other (5%)
  • Attend relevant committee meetings and perform other duties as required.

What we’re looking for

• Undergraduate degree in Business, Finance, Law or related field.
• Minimum 10 years’ experience in financial services, with a minimum of 10 years in a compliance capacity.
• Strong knowledge of financial regulations and controls.
• Knowledgeable in Canadian private sector privacy legislation.
• Ability to analyze and interpret legislative requirements.
• Experience leading and coaching teams.
• Excellent communication and interpersonal skills.
• Strong expertise in working with regulatory guidelines and requirements.

What you’ll love about working here

• Award-Winning Culture: Recognized as a Great Place to Work Canada 2025.
• Work-Life Balance: Flexibility with our hybrid work model.
• Time to Recharge: Generous vacation and wellness days.
• Compensation Package: Competitive base salary plus an annual incentive bonus.
• Comprehensive Benefits: Robust health and dental coverage.
• Future-Ready Savings: Group Retirement Savings Plan with employer match.
• Exclusive Perks: Discounts from top retailers and location-based perks.
• On-Site Fitness: Gym access at our London and Montreal offices.
• Continuous Growth: Education Assistance Program and Fairstone Academy.
• Family Support: Parental leave top-up program.

What you can expect - pay & process

Expected base salary range is $140,000.00 - $155,000.00, plus the opportunity to earn an annual incentive bonus. This posting is for an existing vacancy within our organization.