Associate Director, AML Governance (18-month contract)

EQ Bank; Toronto; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

A Canadian Challenger Bank is seeking an Associate Director, AML Governance for an 18-month contract in Toronto. You will develop oversight programs, ensure effective AML / ATF controls, and lead a team of Compliance Officers. The ideal candidate has 7+ years in financial services and CAMS certification. This role offers a competitive bonus, comprehensive benefits, and a hybrid work environment.

Benefits

Competitive bonus and market-leading RRSP match

Comprehensive medical, dental, vision, life, and disability benefits

Employee Share Purchase Plan

Generous vacation and personal days

Qualifications

• 7+ years’ experience in Canadian financial services, AML / ATF systems, and controls.
• CAMS certification or to be certified within 12 months.
• Minimum 4 years managerial experience.

Responsibilities

• Develop oversight programs for AML / ATF controls.
• Create data-driven reports for senior management.
• Lead remediation efforts from audits and regulatory findings.

Skills

Leadership skills

AML / ATF expertise

Risk management knowledge

Strong analytical skills

Time management skills

Communication skills

Education

University degree in Business, Law, or Accounting

Tools

MS Office

Job description

Associate Director, AML Governance (18-month contract)

Join a Challenger

Being a traditional bank isn’t our thing; we challenge ourselves to provide innovative banking solutions for Canadians.

Our company serves over 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and has been around for over 50 years. We support credit unions across Canada through Concentra Bank, with over $125 billion in assets under management. Our digital platform, EQ Bank, has been recognized on the Forbes World's Best Banks list since 2021.

The Role

The Associate Director, AML Governance, develops and executes the AML / ATF program, manages regulatory exams, and supports AML policy development. This role supports the Senior Director and Deputy CAMLO in overseeing the enterprise-wide AML / ATF program, ensuring it manages risks effectively and complies with legislation. The environment is fast-paced, requiring excellent time management across multiple projects.

Governance

• Develop oversight programs to ensure AML / ATF controls are effective.
• Recommend improvements to AML / ATF controls to manage ML / TF risks.
• Create data-driven reports for senior management, the Board, and regulators.
• Lead remediation efforts from audits and regulatory findings.
• Manage AML / ATF compliance risks enterprise-wide.

Policies and Procedures

• Maintain enterprise-wide AML / ATF policies and programs.
• Support implementation and oversight of AML / ATF initiatives.
• Update policies based on regulatory and internal changes.
• Identify and address policy gaps, recommending remediation.
• Assist in evaluating new products and policies for compliance risks.

Advisory and Training

• Build relationships with business units to address AML / ATF risks.
• Serve as escalation point for AML / ATF inquiries.
• Provide guidance, training, and updates on AML / ATF standards.
• Monitor AML / ATF legislation and trends, recommending actions.
• Participate in workshops and conferences, maintaining CAMS certification.
• Develop and deliver AML / ATF training programs.

Leadership

• Lead a team of Compliance Officers, fostering collaboration and continuous improvement.
• Build a capable team for monitoring AML / ATF risks.
• Promote a positive, innovative work environment.

Qualifications

• University degree in Business, Law, or Accounting.
• 7+ years’ experience in Canadian financial services, AML / ATF systems, and controls.
• CAMS certification or to be certified within 12 months.
• Minimum 4 years managerial experience.
• Leadership skills, AML / ATF expertise, and risk management knowledge.
• Lending or retail banking experience is an asset.
• Strong analytical, communication, and time management skills.
• Proficiency in MS Office and web navigation; French is a plus.

What We Offer

• Competitive bonus and market-leading RRSP match.
• Benefits including medical, dental, vision, life, and disability.
• Employee Share Purchase Plan and top-up benefits for parental leave.
• Generous vacation and personal days.
• Virtual events, professional development, and career growth opportunities.
• Hybrid work environment at our Toronto office.

We are committed to inclusion and providing accommodations during the recruitment process. All candidates must pass background and credit checks. We look forward to learning about you!