Specialist, Financial Crimes

Business Development Bank Of Canada

Job Location:

Montreal - Canada

Monthly Salary: Not Disclosed

Posted on: 23 days ago

Vacancies: 1 Vacancy

Job Summary

We are banking at another level.

Choosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

Flexible and competitive benefits including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions a Defined Benefit Pension Plan a $750 wellness and health care spending account to name a few
In addition to paid vacation each year five personal days sick days as necessary and our offices are closed from December 25 to January 1
A hybrid work model that truly balances work and personal life
Opportunities for learning training and development and much more...

Explore the BDC Way in our Culture Book

*Please note that this role requires bilingualism in English and French.

POSITION OVERVIEW

The Specialist Financial Crimes is responsible for supporting the Director Financial Crimes Program (Director) in activities as it relates to the execution and oversight of BDCs Know-Your-Client (KYC) Anti-Money Laundering (AML) Anti- Terrorism Financing (ATF) and Sanctions (S) program.

This is a specialized role requiring working knowledge of FINTRAC and KYC/AML/ATF/S practices.

The ideal candidate brings experience:

Conducting complex AML investigations within a lending institution with a demonstrated ability to analyze data identify suspicious activities and money laundering indicators and prepare thorough investigation reports.
Managing AML programs including designing implementing and enhancing its requirements.
They are adept at building and maintaining effective relationships with stakeholders across business lines providing subject matter expertise to inform risk assessments remediation and strategic decision-making. Their deep understanding of AML risks enables them to proactively review and strengthen program design while their communication and leadership skills foster collaboration and a strong culture of compliance throughout the organization.

CHALLENGES TO BE MET

Completing a review of Suspicious Activity Reports (SAR) Sanctions risk reviews interpretations and exception requests and making a recommendation for the Directors review and approval.

Investigating and thoroughly documenting suspected cases of money laundering/terrorist financing and compiling reports for law enforcement or regulatory bodies.

Leading KYC/AML/ATF/S change initiatives as it relates to business procedures rules and guidelines to strengthen internal controls bring efficiency and improve BDCs processes.

Managing relationships and regularly interacting with the various risk partners such as Credit Risk Management Special Accounts Operational Risk Management etc. to identify manage and/or remediate KYC/AML/ATF/S concerns.

Completing AML/ATF Inherent Risk/Self Assessments and compiling their results for the CAMLOs review.

Creating annual quarterly and ad-hoc risk reports for the CAMLOs review.

Serving as an advisor to BDCs line of businesses and promoting a culture of compliance within the organization.

Staying abreast on evolving regulations and best practices through independent study attendance at industry conferences and development of relationships with other professionals or other financial institutions.

Assisting the Director in other duties related to the management of the KYC/AML/ATF/S program as needed.

WHAT WE ARE LOOKING FOR

Bachelors degree in Business Administration (BA) Commerce or equivalent.

A minimum of 5 years of relevant financial industry experience in the AML domain.

CAMS (Association of Certified Anti-Money Laundering Specialists) certification required.

SKILLS KNOWLEDGE AND COMPETENCIES

Self-starter with the ability to be resourceful and recommend solutions.

Developed organization and time management skills with ability to manage multiple competing priorities.

Excellent written and presentation skills in English and French (bilingualism required).

Effective leadership skills with the ability to develop meaningful relationships build credibility and trust with partners.

Highest level of integrity professionalism and excellent judgement concerning confidential matters.

Knowledge of KYC/AML/ATF/S legislation and regulations as they apply to financial services and financing organizations.

Proficient in Microsoft Office applications (Word Excel and PowerPoint).

Proudly one of Canadas Top 100 Employers and one of Canadas Best Diversity Employers we are committed to fostering a diverse equitable inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application please do not hesitate to contact us at .

While we appreciate all applications we advise that only the candidates selected to participate in the recruitment process will be contacted.

Required Experience:

We are banking at another level.Choosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial pr...