Senior Compliance Officer-(Hybrid)

Vancouver - Canada

Monthly Salary: $ 85000 - 95000

Posted on: Yesterday

Vacancies: 1 Vacancy

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:

Central 1 is looking for a Senior Compliance Officer to be at the heart of our compliance operations partnering directly with the Head of Compliance to safeguard our organization. Youll champion Anti-Money Laundering (AML) initiatives while working alongside senior leadership management committees and regulatory bodies to embed compliance excellence across every level of the company.

Your impact will be felt organization-wide as you cultivate a robust compliance culture drive policy updates and shape board-level reporting. Youll also lead strategic AML projects and tackle dynamic compliance challenges that keep our standards sharp and our operations secure.

What youll be doing:

Anti-Money Laundering (AML):

Provide guidance on combating money laundering terrorist financing and related compliance matters across the organization.

Build & Maintain Strong Controls

Keep our AML policies current and aligned with regulatory requirements (including FINTRAC guidance and the Proceeds of Crime Act)
Run regular risk assessments and compliance audits to spot vulnerabilities and strengthen our defenses
Investigate potential policy violations when they arise

Monitor & Report

Oversee transaction monitoring systems and lead projects to enhance their effectiveness
Ensure timely accurate reporting to internal teams and regulatory authorities
Document findings and track outcomes

Focus on High-Risk Areas

Provide specialized oversight for high-risk sectors like cryptocurrency gaming and money services businesses staying ahead of regulator and counterparty expectations.

Educate & Empower

Develop and track AML training programs that help staff understand their obligations recognize red flags and report suspicious activities confidently.

Stay Ahead of the Curve

Keep current on AML regulations emerging threats and industry best practices
Adapt our strategies proactively as the regulatory landscape evolves
Lead strategic initiatives and special projects as directed by the Director of Compliance

What youll have:

Bachelors degree in Business Law Finance Risk Management or a related field (Masters degree an asset).
5 years of experience in AML or financial crime compliance within a regulated financial institution.
Professional designation such as Certified Anti-Money Laundering Specialist (CAMS) or equivalent.
Proven track record in leading AML program development risk assessments investigations and regulatory reporting.
Strong understanding of Canadian AML/CTF legislation OSFI guidelines FINTRAC requirements and global financial crime trends.
Experience in sectors or client types considered high risk from an AML perspective (e.g. cryptocurrency gambling/gaming money services businesses emerging financial technologies) is a strong asset.
Exceptional communication and presentation skills with the ability to translate complex regulatory concepts into plain language for executives and staff.
Demonstrated ability to collaborate and build relationships with executives regulators and external partners.
Strong analytical problem-solving and decision-making skills with the ability to manage multiple priorities in a fast paced deadline driven environment.
Entrepreneurial mindset committed to innovation continuous learning and driving business results.
Proficiency in MS Teams including advanced excel proficiency Office 365 and ability to leverage AI/data tools to enhance monitoring and reporting.

Salary range: $85000-$95000

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 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:

Senior IC