AML Product Manager (SVP)- Toronto

Citco GSGS; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a seasoned AML Compliance Leader to spearhead the development of investor AML product strategies across North America. This pivotal role requires a deep understanding of compliance regulations, particularly in the alternative funds sector, and the ability to lead teams effectively. You will engage with clients and internal stakeholders to ensure adherence to AML and KYC requirements while staying abreast of evolving regulations. Join a forward-thinking organization that values diversity and offers flexible working arrangements, empowering you to achieve your professional goals while maintaining work-life balance.

Benefits

Flexible working arrangements

Training and education support

Diversity and inclusion initiatives

Accommodations for disabilities

Qualifications

• 7-10 years’ experience in AML/Compliance, preferably with Alternative funds.
• In-depth knowledge of compliance, KYC, and anti-money laundering policies.

Responsibilities

• Lead investor AML product roadmap development for North America.
• Collaborate with internal partners on AML/KYC requirements.

Skills

Anti-Money Laundering (AML)

Compliance Knowledge

Regulatory Issues

Leadership

Know Your Customer (KYC)

Sanction Scanning

Education

Bachelor’s Degree in Finance/Economics

ACAMS or similar AML/Compliance designation

Tools

RegTech Solutions

Job description

About Citco:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About the Team & Business Line:

Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

About You:

• You have a Bachelor’s Degree in Finance/Economics or comparable regulatory/financial crime experience.
• 7-10 years’ experience in the AML/Compliance industry, preferably with exposure to Alternative funds and AML operations.
• In-depth knowledge of compliance and regulatory issues including Know Your Customer (KYC) and anti-money laundering policies; Cayman AML an advantage.
• Knowledge of RegTech solutions which support the customer onboarding and ongoing due diligence processes.
• ACAMS or similar AML/Compliance designation.
• Knowledge of sanction scanning and PEP processes is an asset.
• Minimum 5 years’ experience in a leadership role and managing teams remotely.

Your Role:

• Lead investor AML product roadmap development and prioritization for North America.
• Help clients and investors understand AML & Sanctions regulatory requirements across jurisdictions supported by Citco Fund Services.
• Serve as a point of escalation for IR teams and clients on matters related to AML/KYC requirements for Bermuda, BVI, Cayman and USA policies.
• Collaborate with a global team of regional investor AML Product managers and specialists.
• Liaise with internal partners – including investor AML operations, Business Development, Client Servicing, Compliance, investor relations, Legal, Risk.
• Partner with Clients, MLRO’s, shareholders, regulators, auditors and other external and internal parties as required, acting as primary point of escalation for policy related matters.
• Support clients with AML regulatory inspection, Fund Audits, Client due diligence.
• Support our Business Development Team(s) with RFPs / sales pitches.
• Stay current with AML regulations, industry trends, and emerging risks.

Our Benefits:

Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.