AML Officer, AML Advisory
AML Officer, AML Advisory
Posted on :
01-08-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Join a Challenger
Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.
Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The AML Advisory team within the Compliance department is responsible for being the subject matter expert on Anti-Money Laundering Anti-Terrorist Financing (AML/ATF) Sanctions and Compliance related matters. This position primarily assists the Senior Manager AML Advisory in the ongoing management and the oversight of Equitable Banks enterprise-wide AML/ATF program.
The AML Officers role is a multi-faceted one as responsibilities may include ensuring AML/ATF related policy and procedures are maintained and current to support a comprehensive and effective Regulatory Compliance Management regime within the Bank assists Senior Management and employees to comply with legislation and regulations and to managing reputational and other operational risks. The environment is fast-paced and requires effective time management of multiple tasks and projects.
The Core Responsibilities!
- Support the Senior Manager AML Advisory with the development and maintenance of enterprise-wide AML/ATF-related documents and programs to effectively manage ML/TF risks and comply with regulatory expectations and industry standards.
- Provide support in the implementation oversight and management of an effective AML/ATF program; and the reporting of same to Senior Management and/or the Board.
- Support business units by providing advice on AML/ATF related inquiries/exceptions relating to regulatory interpretation or the Banks AML/ATF program while ensuring compliance with applicable laws regulations guidelines and established procedures.
- Supports 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 effectively manage risk and compliance.
- Assist in the planning and coordination of AML-related projects where it relates to the administration communication and reporting.
- Identify the major AML/ATF risk trends and provide suggestions to identify areas for focused training.
- Regularly develops updates and delivers specialized AML/ATF training at enterprise and business unit level and manages the maintenance of enterprise-wide AML/ATF employee training program assessment and certification processes 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.
Lets Talk About You!
- Post-secondary education in business or finance with a minimum of 1 to 3 years of experience working within the AML Compliance function at a regulated financial institution in Canada. Experience should include exposure to regulatory compliance risk management disciplines and 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 verbal and written communication skills;
- Proven analytical and problem-solving skills;
- Excellent interpersonal skills with the ability to work individually or as part of a team;
- Strong attention to detail with the ability to review ones own work;
- AML designation (CAMS) is preferred;
- Experience in adjudicating transaction alerts and monitoring for retail banking an asset; and
- Bilingualism is an asset (English and French).
What we offer For full-time permanent roles
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
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Unclear Seniority
Employment Type
Full-Time
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
