Senior AML Officer, AML Advisory
EQ Bank | Equitable Bank
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • 🇨🇦 Canada
Visit company websiteJob Level
Senior
About the role
- Support the Senior Manager, AML Advisory, in developing, maintaining, and overseeing enterprise-wide AML/ATF programs and related documentation to effectively manage ML/TF risks, ensure regulatory compliance, and provide reporting to Senior Management and the Board.
- Collaborate with business units by providing advice on AML/ATF related inquiries/exceptions relating to regulatory interpretation or the Bank’s AML/ATF program while ensuring compliance with applicable laws, regulations, guidelines, and established procedures.
- Provides guidance on regulatory compliance issues by interpreting existing, new, and emerging requirements, identifying and addressing gaps—including those arising from change initiatives—and assisting in the development of action plans to mitigate identified risks.
- Assist with the execution of the Bank’s annual AML/ATF Risk Assessment in collaboration with business stakeholders, including periodic reviews of the risk assessment methodology.
- Support the Senior Manager, AML Advisory, in reviewing significant new initiatives and changes to products and services, policies, processes, and systems to determine whether compliance-related risks have been adequately addressed and suggests controls and procedures to ensure effective management of risk and compliance.
- Provide oversight and challenge to the third-party risk management activities as the AML Advisory Subject Matter Expert (SME). Assist the business with the identification of key third-party risks and mitigating controls in their business units, as well as monitoring their action plans to address mitigation.
- Responsible for leading and/or supporting the coordination of AML-related projects where it relates to project management, change management, communication, and reporting.
- Regularly develops, updates and delivers specialized AML/ATF training at the enterprise and business unit level and manages the maintenance of the enterprise-wide AML/ATF employee training program to effectively manage ML/TF risks and gaps and comply with regulatory expectations and industry standards.
- Proactively identify best practices to ensure compliance with regulatory requirements.
Requirements
- Post-secondary education in business or finance with 3+ years of experience at a regulated financial institution in Canada, preferably within the AML compliance function. Experience should include exposure to regulatory compliance, risk management disciplines, program management, and industry best practices.
- Working knowledge of regulatory requirements for AML/ATF and sanction risk, industry best practices and/or organizational goals for AML/ATF typologies.
- Advanced Excel skills, specifically ability to create macros, v-lookups and add programming where required.
- Ability to organise and compile data to produce metric reports.
- Strong organizational skills, demonstrates ability to prioritize assignments, projects, and multi-task within restricted time constraints.
- Excellent written and verbal communication skills, including strong public speaking and presentation skills, as well as the ability to develop and maintain strong relationships with internal and external contacts.
- Proven analytical and problem-solving skills.
- Excellent interpersonal skills with the ability to work individually or as part of a team.
- Certified Anti-Money Laundering Specialist (CAMS), Certified Financial Crime Specialist (CFCS), or other recognized AML/Financial Crimes certifications are preferred.
- Bilingualism is an asset (English and French).
Benefits
- Competitive discretionary bonus
- Market leading RRSP match program
- Medical, dental, vision, life, and disability benefits
- Employee Share Purchase Plan
- Maternity/Parental top-up while you care for your little one
- Generous vacation policy and personal days
- Virtual events to connect with your fellow colleagues
- Annual professional development allowance and a comprehensive Career Development program
- A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
AMLATFregulatory compliancerisk managementprogram managementExceldata analysismetric reportingproject managementchange management
Soft skills
organizational skillscommunication skillspublic speakingpresentation skillsanalytical skillsproblem-solving skillsinterpersonal skillsteamworkprioritizationmulti-tasking
Certifications
Certified Anti-Money Laundering Specialist (CAMS)Certified Financial Crime Specialist (CFCS)