Bilingual (Fr/En) AML Specialist

Canada Life; Toronto; Hybrid; CAD 57,000 - 86,000; Full time

Benefits offered by this job

Career development

Health & dental benefits

Volunteer day

Pension plan

Employee discounts

ERGs & mentorship

Job summary

Canada Life is seeking a Permanent Full-Time AML Reviewer in the Toronto area to perform thorough reviews of wealth and insurance product transactions for AML compliance. You will work with Operations and Compliance teams, track outcomes in the AML Audit tool, and coordinate information for regulators and internal departments.

The role requires bilingual French and English, sharp attention to detail, and the ability to analyze trends and advise on process improvements.

Qualifications

• Bilingual—fluent in French and English to serve clients.
• High attention to detail across multiple information sources.
• Deliver accurate reviews with quality results.
• Maintain productivity in a production environment.
• Strong problem solving, analytical and critical thinking.
• Able to work independently and in a group.
• Proficient with Microsoft Office suite.
• Familiarity with AML legislation and Wealth/Insurance processes.

Responsibilities

• Review paperwork for new applications, transfers, death claims and other transactions to ensure AML compliance.
• Collaborate with Operations, Compliance and Corporate Compliance as needed.
• Track outcomes in the AML Audit tool accurately.
• Coordinate audit information for internal departments and regulators.
• Engage with advisors and Operations to obtain missing AML requirements.
• Respond to central mailbox inquiries accurately and in a timely manner.
• Make recommendations on policy, procedure and training based on audit results.
• Analyze trends and provide information for senior management reports.

Skills

Bilingual FR/EN

Attention to detail

Quality-focused

Productivity

Problem solving

Team collaboration

Microsoft Office

AML regulations

Wealth/Insurance knowledge

Tools

OnBase

Aura

SharePoint

Excel

Job description

Permanent Full Time

Reporting to the Associate Manager, you will be responsible for:

• Performing diligent reviews of paperwork associated with new applications, transfers ownership, death claims, and other transactions related to Wealth products (non-registered seg-fund, annuity, and mutual fund polices/accounts) and Insurance products (Universal Life and My Par Gift policies) to ensure legislative and business requirements have been satisfied in compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, Regulations, and associated Guidance published by the regulator
• Working closely with Operations teams, Compliance, and Corporate Compliance as required
• Detailed and accurate tracking of the outcome of all reviews in the web-based AML Audit tool
• Coordinating efforts and collecting audit information to support the work of internal departments (e.g. Internal Audit, Corporate Compliance) as well as external regulators (e.g. FINTRAC)
• Engaging with advisors or our Operations teams within Wealth, In-Force, and New Business to obtain missing AML requirements
• Responding to central mailbox inquiries accurately and in a timely manner (advisor and Operations questions)
• Making recommendations on policy, procedure, and training based on audit results
• Analyzing trends and providing information that will be used in reports to senior management

Required Competencies and Behaviors

• Bilingualism (fluent in French and English) required, as the position will regularly serve our clients with English and French-speaking need
• Attention to detail – must have high capability to identify deficiency indicators and material discrepancies within multiple sources of information
• Focus on quality results - delivering accurate reviews
• Productivity - ability to cope with a production environment and achieve the expected productivity results on a regular basis
• Problem solving, analytical skills, and critical thinking. Must be able to take a situation and apply logic, precedent, and critical thinking to reach a conclusion
• Ability to work well within a group, but also independently with little supervision
• Comfort working with Microsoft products (SharePoint, Excel, Word, etc.)
• Familiarity with AML legislation would be considered an asset
• Business knowledge – familiarity with Wealth and Insurance roles, end-to-end processes, and systems (OnBase, Aura, etc.). would be considered an asset

Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: London, Montreal or Toronto. This role follows a hybrid work model, with an in-office presence required two days per week.

The base salary for this position is between $57,100 - $85,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Canada Life

We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annually towards education reimbursement.
• Health & Wellness:Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
• Time Off:In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security:Company-matching pension plan,share ownership program and additionalinvestment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handled in accordance with applicable laws and Canada Life policies.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.