Family Innovation Corp. (FIC) is a multi-family office providing multiple services, including estate planning, risk management, financial counsel, trusteeship, investment advice, and other services.We recognize excellent relationship management, accurate, actionable, and sound advice, and the desire to deliver the best quality work, improving the groups overall performance and increasing its value-added capacities.SummaryWe are looking for a Compliance Officer to join one of our portfolio companies and support its compliance, regulatory, anti-money laundering, privacy, licensing, and online insurance distribution requirements across Western Canada.This role has two primary functions. The first is to oversee compliance for an insurance company offering specialized life insurance services to a niche client base. The second is to serve as the individual appointed to the relevant regulators and be responsible for the management and supervision of the licensed business.The successful candidate will support compliance across British Columbia, Alberta, Saskatchewan, and Manitoba and must be eligible to hold the required life insurance licences and regulatory appointments in each province.Role OverviewCorporate ComplianceMaintaining the company's written compliance policies and procedures and keeping them current as legislation changesTracking requirements from the Insurance Council of British Columbia, Alberta Insurance Council, Insurance Councils of Saskatchewan, and Insurance Council of ManitobaAdvising the business on regulatory and legislative changesMaintaining compliance with CCIR and CISRO guidance and principles related to the conduct of insurance business and fair treatment of customersReviewing compensation and incentive arrangements for potential customer impactsMaintaining licensing records for the company and its representatives, including licence status, continuing education, and errors and omissions coverageManaging the complaint handling process and maintaining the complaint registerConducting compliance monitoring and file reviews, documenting findings, and tracking remediationPreparing compliance reports for senior managementManaging regulatory examinations, audits,



and information requestsDelivering compliance training to staff and licensed representativesAnti-Money LaunderingActing as the compliance officer appointed under the Proceeds of Crime (Money Laundering) and Terrorist Financing ActMaintaining the written compliance program, business risk assessment, and training programEnsuring the compliance program remains risk-based and effectiveCompleting the required effectiveness review at least every two years and reporting the results to a senior officerSubmitting required suspicious transaction, terrorist property, large cash transaction, and large virtual currency transaction reportsMaintaining client identification records and ensuring records are retained for the required periodsPrivacyActing as the individual accountable for privacy compliance under PIPEDA and the British Columbia Personal Information Protection ActMaintaining privacy policies, consent practices, and safeguardsManaging privacy breaches and required notifications and reportingRegulatory Appointments & SupervisionActing as nominee in British Columbia and designated representative in Alberta and SaskatchewanTaking responsibility for the management and supervision of the licensed businessEstablishing supervision standards for licensed representatives based on their qualifications, experience, and the business being conductedEnsuring only appropriately licensed individuals act for the businessMonitoring licences, continuing education, and errors and omissions coverageEnsuring required corporate errors and omissions coverage is maintainedScreening representatives before appointment and monitoring them thereafterCompleting required regulatory notifications relating to the business, representatives, and licensing statusOnline DistributionOverseeing compliance of the website and online application processEnsuring required customer disclosures are available before purchaseEnsuring customers are clearly informed about whether advice is provided as part of the saleEnsuring needs analysis and suitability information is collected, documented,



and retainedEnsuring the full sales record is captured and maintainedReviewing marketing and advertising materials before useLicensing RequirementsThe successful candidate must be eligible for the required regulatory appointments in each applicable province.British Columbia: Nominee and holder of a British Columbia life insurance agent licence, with the required experience and completion of the Council's Nominee CourseAlberta: Designated representative for the life class and holder of an Alberta life insurance agent's certificate of authoritySaskatchewan: Designated representative and holder of a Saskatchewan life licence, meeting the applicable requirements to supervise life agentsManitoba: Manitoba life insurance agent licence, with an accident and sickness licence if applicable to the products soldRequired Skills or ExperienceCompletion of the Life Licence Qualification ProgramLife insurance agent licence in British Columbia, Alberta, Saskatchewan, and Manitoba, or the ability to obtain all fourEligibility for the required regulatory appointmentsMinimum 3 years of compliance experience in life insurance or financial servicesWorking knowledge of provincial insurance legislation across the four Western provincesKnowledge of CCIR and CISRO fair treatment of customers guidanceWorking knowledge of FINTRAC requirements and Canadian privacy legislationStrong written communication skills, including the ability to prepare policies, reports, and regulatory correspondenceClean regulatory recordAbility to successfully complete required background, credit, licensing, and regulatory checksPreferredExperience as a nominee or designated representativeExperience with online or direct-to-consumer insurance distributionExperience building or reviewing an anti-money laundering programCompliance, financial crime, or related qualified designation or certificateSalary and BenefitsPerformance-based bonusMedical, dental, and vision benefitsPosition TypeNature: Permanent, Full-timeStart Date: ImmediatePlease note:Candidates must be currently authorized to work in Canada.We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

📌 Compliance Officer (Vancouver)
🏢 Family Innovation
📍 Vancouver