AML, Compliance Advisor

Richardson Wealth Limited; Toronto; Hybrid; CAD 66,000 - 78,000; Full time

Benefits offered by this job

Health & dental benefits

RRSP matching

Paid time off

Job summary

Richardson Wealth Limited is seeking a dedicated AML Compliance Specialist to oversee daily and monthly AML supervision and respond to regulatory inquiries. The role requires strong knowledge of Canadian regulatory requirements, CIRO rules, and experience in the investment industry, with a proactive mindset and excellent communication skills.

As a key member of the compliance team, you will guide branch management, prepare regulatory filings such as STRs, and maintain governance for high-risk

Qualifications

• 2+ years in a compliance role within financial services.
• Strong understanding of Canadian regulatory requirements (CIRO, FINTRAC).
• Ability to work independently and with minimal supervision.

Responsibilities

• Oversee daily and monthly AML transaction and account reviews.
• Respond to queries from Investment Advisors and branches on compliance.
• Support unusual or suspicious activity reviews and scrubbing results.
• Governance for high-risk account approvals per CIRO and FINTRAC guidelines.
• Provide guidance to Branch Management on AML policies and reporting metrics.
• Assist with regulatory filings and coordination with Operations and Compliance.

Skills

Compliance experience

Verbal & written communication

Investment/securities knowledge

Regulatory knowledge (Canada)

Self-motivated

Education

University degree or college diploma

ACAMs or equivalent asset

Tools

MS Word

MS Excel

MS Access

MS PowerPoint

Dataphile

PortfolioAid

OTRS

Job description

Job Description

About Us:

As a leading Canadian wealth management organization,Richardson Wealth offers the personal touch of a boutique firm while delivering big results. With offices across the country, we are home to some of Canada’s best investment advisors. We’ve embarked on an exciting growth phase – a multi-year transformational journey to enhance our entrepreneurial, high-performing, advisor-centric culture.

Position Overview

The primary responsibility of this role is executing oversight of daily and monthly AML supervision program. This role will act as a resource for employees regarding industry regulations and support the enhancement of the AML program. responding to queries of the Investment Advisors and their teams, Branch Management Team and other departments.

This is an existing vacancy.

Duties and Responsibilities

• Conduct oversight of daily and monthly AML transaction and account reviews
• Support unusual and/or suspicious activity reviews and management of Clients noted in ongoing scrubbing
• Identify and upscale trends developing in client accounts with an emphasis on AML/ATF unusual transactions, conducting detailed analysis and escalating concerns where necessary
• Governance and documentation for management of high-risk client's approvals and account activity as outlined by FINTRAC and in Canadian Investment Regulatory Organization (CIRO) policies and other regulatory/corporate guidelines
• Exercise due diligence in following Richardson Wealth (RWL) procedures, policies and guidelines
• Maintain an in-depth understanding of compliance and AML requirements for the industry and share knowledge, issues and challenges as well as sustain knowledge level for regulations
• Provide guidance and support to Branch Management regarding Compliance and AML policies and procedures, including effectively communicating requirements
• Effectively communicate with Management as it relates to concerns and/ or requirements, including the reporting of key metrics
• Assist with regulatory requests and filings as required (eg. STRs)
• Liaise with Operations, Compliance and Credit on Compliance related issues where required
• Other projects as assigned

Qualifications

• Minimum 2 years of experience in a compliance role, preferably with a CIRO dealer, or similar background (e.g. Investment dealer)
• Strong verbal and written communication skills
• Strong understanding of how the investment/securities industry functions and be able to apply that knowledge to RWL internal processes
• Strong understanding of regulatory requirements and industry rules across Canada
• Ability to use initiative and work with minimal supervision
• Self-motivated and interested in ongoing learning and professional development (including attendance of regulatory or educational conferences and seminars)
• Working knowledge of MS Applications including Word, Excel, Access, and PowerPoint
• Strong computer and technology skills and familiarity with industry software would be an asset (including Dataphile, PortfolioAid and Open-Source Ticket Request System (OTRS))

Education

• University degree or college diploma
• Completion of ACAMs or equivalent an asset

The expected annualized base salary range for this role is $66,000-$78,000.

The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, and the consideration of internal equity.

Richardson offers a competitive total rewards package in addition to the base pay, which includes a performance-based incentive plan, comprehensive health & dental benefits, a group RRSP matching plan and paid time off.

#LI-Hybrid

#LI-AA

Richardson Wealth is an equal opportunity employer and committed to providing a diverse, equitable and inclusive environment. We are happy to meet your individual needs in keeping with the Canadian Charter of Rights and Freedoms and the Accessibility for Ontarians with Disabilities Act. Candidates may request accommodation at any point during the interview process.