Purpose Unlimited is an independent financial services company with an unrelenting focus on customer-centric innovation, delivered through technology-driven solutions. Led by entrepreneur Som Seif, the company is developing a diversified product platform aimed at addressing historically underserved segments of the market. Purpose Unlimited’s businesses include Purpose Investments, Advisor Solutions by Purpose, and Driven.

Who is Steadyhand?

Steadyhand Investment Funds Inc.'smission is to help Canadians build their wealth through a better, more human experience.

Vacancy Status: This is for a current opening.

Compensation: $145,000 - $165,000

Job Description

Who You Are

The Associate Director, Compliance is the operational leader of SIFI’s Compliance function and is accountable for the day-to-day management, execution and continuous enhancement of the compliance program for its CIRO-regulated mutual fund dealer activities. The role translates the compliance risk assessment and annual plan into effective monitoring, testing, reporting, remediation and regulatory support.

Reporting to the Chief Compliance Officer (CCO), the Associate Director provides technical leadership, provides day to day management of Compliance resources, establishes program standards and quality controls, and escalates material, complex or unresolved matters. The role maintains independent second-line challenge while partnering constructively with the Branch Manager, Operations and other business functions.

Steadyhand Investment Funds Inc. (SIFI) is seeking an Associate Director, Compliance to help lead and continuously enhance its compliance program.

Reporting to the Chief Compliance Officer,



this role serves as the operational leader of the Compliance function and manages the day-to-day compliance program for a CIRO-regulated mutual fund dealer. The Associate Director provides leadership across monitoring and testing, branch reviews, registrations, complaints, governance reporting, regulatory examinations, policy management and regulatory change implementation.

The successful candidate will combine technical compliance expertise with people leadership, program management and practical business partnership. This role offers meaningful responsibility and a potential development path toward future Chief Compliance Officer responsibilities.

ROLE BOUNDARY -

This is a second-line compliance leadership role. Day-to-day supervision of Approved Persons, current-account approvals, trade reviews and suitability decisions remain with the Branch Manager role. The Associate Director assesses whether supervisory systems are operating effectively and does not replace first-line supervision.

Responsibilities: What You Will Do/ What You Will Own

Compliance program leadership

- Lead the day-to-day operation of the firm’s compliance program and manage execution of the annual compliance plan.
- Maintain the compliance risk assessment, compliance calendar and risk-based testing framework.
- Establish monitoring methodologies,



documentation standards, quality controls and escalation protocols.
- Prioritize resources and continually enhance the effectiveness, efficiency and scalability of the compliance function.

Monitoring and testing oversight

- Design and oversee risk-based monitoring and testing of compliance and supervisory controls.
- Design and oversee risk-based reviews of Operations processes and related controls for compliance, including money and securities movement, books-and-records activities, client reporting and reconciliations.
- Review testing results, trends, recurring deficiencies and emerging risks.
- Challenge supervisory effectiveness and oversee remediation plans and validation testing.
- Escalate material findings, high-risk matters and unresolved issues to the CCO.

Branch review program management

- Approve the annual review schedule, risk-based scope and testing approach.
- Review and approve branch review reports and assess the significance of findings.
- Monitor management responses, remediation commitments and overdue actions.
- Ensure branch review coverage remains appropriate as the business evolves.

Registration, licensing and continuing education oversight

- Oversee registration, licensing, NRD administration, onboarding and termination activities.
- Review complex registration matters, restrictions and outside activity disclosures.
- Oversee the continuing education, proficiency, annual training and attestation programs.
- Ensure registration and proficiency records remain complete, accurate and regulator-ready.

Complaints, investigations and regulatory reporting

- Oversee compl

📌 Legal/Compliance - Associate Director, Compliance (Toronto)
🏢 Purpose Unlimited
📍 Toronto