Sanctions Compliance Analyst-(Hybrid)
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Job Summary
Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients developing strategies products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information visit .
What we offer:
Work-life flexibility
Hybrid workenvironment
Variable annual incentive plan
Generous annual vacation allotment
Top-notch flexible benefits planincluding family building and gender affirmation
Retirement Plan matched contributions at 6%
Access toa learning platform and educational assistancesupport
Access to a virtual wellness platform
Career development opportunities
Wellness Flex Fund to support personal interest and activities
Day off to volunteer in your community andother paid time off options
Corporate discounts
*subject to employment agreement
Job Summary:
The Analyst Sanctions Compliance plays a key role in supporting Central 1s AML/ATF and sanctions compliance programs. Working closely with the AML/ATF Team Lead this position helps ensure regulatory compliance mitigate risk and deliver exceptional service to internal stakeholders.
In this role youll support sanctions screening compliance monitoring and risk management activities related to Central 1s payment and wire transfer programs. Success in this position requires strong attention to detail sound judgment and the ability to handle sensitive information with a high degree of confidentiality.
As part of the AML Services team youll collaborate across the organization to help maintain an effective compliance framework while supporting Central 1s strategic growth initiatives.
What youll be doing:
Analyze information relating toidentifiedsanctionscompliance situations(e.g. alerts)andidentifyhigh-risk situations that require escalationfor a more in-depth investigation.
Supportotherinvestigational activitiesor measuresundertaken by AML Services including the investigation and analysis ofinformation relating toAML/ATF situations (e.g. alerts).
Maintain aworkinglevel of awareness of all current relevant AML/ATF and sanctions laws/regulations; plus industry best practices.
Supportthe 3 Lines of Defense (LOD) model in the execution of internal work activities.
Collaborate withand supportthe team focused on delivering an effective/efficient internalwires screeningprogram including Enhanced Due Diligence activities thatsupportsCentral 1soperations andstrategies.
Support themaintenance of thewiresscreening program byidentifyingenhancements to be more effective and/or efficient.
Support work to ensure regulatoryandother risks are managed by followingprocedures.
Maintainaccuratedetailed records asby procedures.
Ensure a positive work environment and awareness by all staff of company goals andobjectivestomaintainan environment oriented towards collaboration trust open communication creativethinkingand cohesive team effort.
Support change management initiatives.
What youll have:
University degree or a college diploma; plusas an assetat least two years working experience in a field such as criminology law money laundering/fraud investigation.
Certified Anti-Money Laundering Specialist (CAMS) or similar designationisan asset.
Relevant financial crimes experiencepreferrablerelating to AML/ATFand/orsanctionscomplianceisan asset.
Working knowledge ofsanctionslegislationisan asset.
Proven analytical and problem-solving skills to analyzesanctionsrelatedalertsis an asset.
Workingknowledge and understanding of analysis principles.
Sound ability to make sound judgements based on analysis.
Experience and/or knowledge in the use of technology-based AML/ATFmonitoringand/orsanctionsscreeningsoftware solutionsis an asset.
Strong skills on Microsoft Office applications thatincludesbut not limited to Excel OutlookPowerPoint etc.
Highly collaborative.
Competent incommunicatingeffectively both orally and in writing withteam members.
High levelofattention to detail and accuracy.
High capability of workingin a fast-paced dynamic environment.
Highabilityto provide excellent service to clients.
Strongability to engageteam leaderswhen needed.
Strongability to work independently.
Excellent team player includingcapable of learning and sharing knowledge withteam members.
Strongorganizational skills including prioritizing scheduling time management and meeting deadlines.
Solidability to multitask and handle conflicting priorities simultaneously.
Salary range: $50000-$56000
The salary range representsthe job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge skills qualifications experience and education/training.
#LI-Hybrid
Central 1 does not use Artificial Intelligence (AI) technology to screen assess or select applicants during our recruitment process. This job posting is for an existing specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.
Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.
Required Experience:
IC
