Compliance Analyst, Testing

Industrial and Commercial Bank of China (Canada); Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Canada is seeking a Compliance Associate to assist in implementing compliance programs and support regulatory requirements. Candidates should have a Bachelor’s degree and at least 2 years of experience in financial services, with strong analytical and communication skills in English and Mandarin/Cantonese. This role offers a full-time position at the Toronto Downtown Head Office.

Qualifications

• Minimum of 2 years' experience in a financial services environment with AML and regulatory compliance exposure.
• Strong English, Mandarin and/or Cantonese language skills required.
• CAMS or other professional certification is considered an asset.

Responsibilities

• Assist in the implementation of the bank-wide RCM Program.
• Support Monitoring and Testing, Quality Assurance programs for compliance.
• Coordinate Compliance related projects and track progress.

Skills

AML knowledge

Analytical skills

Communication skills

Organizational skills

Detail-oriented

Education

Bachelor’s degree or above in Business, Finance or Law

Tools

Microsoft Excel

Microsoft Word

Job description

Department / Branch: Compliance Department

Reports To: AML Governance Consultant

Employment Type: Full-Time Permanent / Contract

Location: Toronto Downtown Head Office

Responsibilities

• Assist in the implementation of the bank-wide RCM Program.
• Support independent Monitoring and Testing, Quality Assurance programs to ensure compliance with regulatory requirements and the Bank’s policies & procedures.
• Assist in the maintenance and execution of the Bank's Compliance Testing procedures.
• Assist with developing/updating policies and procedures based on updated regulatory requirements, and/or changed business processes, and monitor their implementation.
• Responsible for identifying and documenting issues, collaborate with relevant stakeholders to develop action plans for issue resolution, ensure all issues are tracked and resolved in a timely manner.
• Coordinate Compliance related projects, follow up with internal/external stakeholders, track the progress, and ensure actions are taken in a timely and quality manner, as per project plan.
• Assist with reporting to other departments, Senior Management, the Parent Bank, and/or regulators, including preparing reports in Chinese, translation between English and Chinese.
• Coordinate the development and implementation of Compliance Training Plan, provide support on updating compliance training decks, training delivery and related administrative tasks.
• Maintain/update RC Module at the Bank’s Intranet; monitor RC mailbox, triage and track requests from other departments; coordinate the approval process of RC updates at the Bank’s website, etc.

Qualifications

• Bachelor’s degree or above, preferably in Business, Finance or Law.
• A minimum of 2 years' experience in a financial services environment with exposure to AML and regulatory compliance.
• Knowledge and ongoing awareness of key legislative and regulatory requirements (FINTRAC, OSFI, FCAC, CDIC, OPC, etc.).
• Experience in Quality Assurance and /or Business Line Testing.
• A comprehensive understanding of Canadian regulatory compliance including AML/ATF.
• Experience in maintaining policy and procedure.
• Able to prioritize and manage own workload in alignment with requirements.
• Ability to work independently and cooperatively within a team and throughout the organization.
• Critical thinking and analytical skills with a focus on problem solving and continuous improvement.
• Meticulous attention to detail and very strong organizational and prioritization skills.
• Strong English, Mandarin and/or Cantonese language skills.
• Proficient computer skills, such as Microsoft Excel, Word, Outlook, Internet, and an ability to learn.
• Excellent writing and communication skills.
• CAMS or other professional certification is considered an asset.

Additional Information

• Seniority level: Associate
• Employment type: Full-time
• Job function: Finance
• Industries: Banking