Manager, Anti Money Laundering-12 month maternity leave coverage-(Hybrid)

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 Manager Anti-Money Laundering is a dynamic and integral member of the Compliance team reporting directly to the Head of Compliance. This role plays a critical part in strengthening the organizations AML framework while partnering with senior leaders and regulators to shape and uphold strong governance standards.

This is a highly impactful position focused on building a strong compliance culture keeping policies and procedures current and effective and contributing to key MRC and RRILC reporting. The role also offers the opportunity to lead engaging high-visibility compliance projects and help drive continuous improvement across the compliance function.

This role is based in Vancouver British Columbia and at this time we are focusing our search on candidates located within the Lower Mainland

What youll be doing:

• Act as a subject matter expert (SME) on antimoney laundering (AML) and counterterrorist financing (CTF) providing guidance and support on complex issues.

• Support the consistent application of AML/CTF policies and procedures across the organization in alignment with the overall AML/CTF program.

• Lead and support risk-based investigations including suspicious transaction reports (STRs) and event-driven reviews ensuring they are completed accurately and on time. Assist in reviewing high-risk or complex cases.

• Maintain and update AML/CTF policies procedures and control frameworks to ensure compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and related regulations.

• Conduct AML/CTF risk assessments control testing and ongoing monitoring. Escalate issues and provide clear actionable recommendations.

• Review transaction monitoring outputs investigate anomalies and escalate suspicious activity when needed. Support trend analysis and program effectiveness tracking.

• Develop and deliver AML/CTF training for employees and relevant stakeholders to strengthen awareness and compliance.

• Maintain accurate documentation of investigations control testing and compliance activities to support reporting and regulatory requirements.

• Work with internal audit and other assurance teams to support program reviews and help address any identified gaps.

• Support the preparation of operational reports including AML metrics dashboards and risk insights for leadership.

• Lead high-priority AML initiatives and projects as assigned.

• Continuously identify opportunities to improve AML processes controls and overall program effectiveness
  

Whatyoull have:

• Bachelors degree in Business Law Finance Risk Management or a related field (Mastersdegree an asset).

• 10 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.

• Proventrack recordin 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.

• Exceptional communication and presentation skills with the ability to translate complex regulatory concepts into plain language for executives and staff.

• Demonstrated ability tocollaborate 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 fastpaced deadlinedriven environment.

• Entrepreneurial mindset committed to innovation continuous learning and driving business results.

• Proficiencyin MS Teams Office 365 and ability toleverageAI/data tools to enhance monitoring and reporting.

Salary range: $87000-$105000

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.