Compliance Specialist, AML

IVARI; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Health & dental benefits

Pension plan 100% match

Savings plan 75% match

Hybrid work arrangements

Professional development

Recognition programs

Wellness programs

Job summary

ivari is seeking a Compliance Specialist, AML to support the administration and ongoing effectiveness of its AML/ATF program. Reporting to the Senior Manager, Regulatory Compliance, the role covers AML/ATF reporting, enhanced due diligence, ongoing monitoring, transaction monitoring, investigations, and regulatory record-keeping.

You will identify high-risk activity, conduct research, support regulatory reporting, and ensure documentation meets internal policies and regulatory expectations.

Qualifications

• 3+ years of experience in Compliance focusing on AML/ATF requirements, risk indicators, and industry practices, ideally within financial services or insurance.
• Experience conducting research, analyzing risk information, and documenting findings clearly and accurately.
• Strong attention to detail, sound judgment, and the ability to recognize when issues require escalation.
• Strong organizational skills and the ability to manage multiple priorities, timelines, and sensitive regulatory requirements.
• Comfort working with spreadsheets, risk assessments, databases, and compliance documentation.
• Strong written and verbal communication skills, with the ability to collaborate effectively with Compliance colleagues, front-line teams, business partners, and external vendors.
• A relevant post-secondary degree is preferred.
• ACAMS or CAMLI accreditation is considered an asset.

Responsibilities

• Monitor enhanced due diligence reporting and identify policies requiring ongoing monitoring.
• Research client information, adverse media, politically exposed persons, and other risk indicators to identify high-risk cases.
• Analyze transactions, complete research, and support Know Your Client documentation updates.
• Review unusual activity reporting and suspicious transaction reporting, applying AML/ATF indicators and escalation requirements.
• Prepare monthly OSFI reporting and conduct weekly terrorist name searches, ensuring required reviews and follow-ups are completed within established timelines.
• Prepare high-risk and PEP reporting and respond to related inquiries from internal stakeholders.
• Maintain accurate AML/ATF records, files, and documentation on SharePoint, the N drive, and with required regulatory bodies such as FINTRAC and OSFI.
• Support continuous improvement by identifying opportunities to enhance AML/ATF processes, controls, and documentation.

Skills

AML/ATF requirements

Risk assessment

Regulatory reporting

KYC documentation

Research & analysis

Communication skills

Attention to detail

Team collaboration

ACAMS/CAMLI asset

Education

Post-secondary degree

ACAMS/CAMLI accreditation

Job description

Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity…

In this new vacancy we are looking for a Compliance Specialist, AML to support the administration and ongoing effectiveness of ivari’s Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) program. Reporting to the Senior Manager, Regulatory Compliance, this role is responsible for supporting AML/ATF reporting, enhanced due diligence, ongoing monitoring, transaction monitoring, investigations, and compliance record-keeping.

In this role, you will help identify and assess higher-risk activity, conduct research and screening, support regulatory reporting, and ensure documentation is complete, accurate, and maintained in accordance with internal policies and regulatory expectations. You will work closely with Compliance team members and business partners to help detect, deter, and prevent money laundering and terrorist financing risk. In this role you will

• Monitor enhanced due diligence reporting and identify policies requiring ongoing monitoring.
• Research client information, adverse media, politically exposed persons, and other risk indicators to identify high-risk cases.
• Analyze transactions, complete research, and support Know Your Client documentation updates.
• Review unusual activity reporting and suspicious transaction reporting, applying AML/ATF indicators and escalation requirements.
• Prepare monthly OSFI reporting and conduct weekly terrorist name searches, ensuring required reviews and follow-ups are completed within established timelines.
• Prepare high-risk and PEP reporting and respond to related inquiries from internal stakeholders.
• Maintain accurate AML/ATF records, files, and documentation on SharePoint, the N drive, and with required regulatory bodies such as FINTRAC and OSFI.
• Support continuous improvement by identifying opportunities to enhance AML/ATF processes, controls, and documentation.

What we are looking for…

• A minimum of 3 years’ experience in Compliance focusing on AML/ATF requirements, risk indicators, and industry practices, ideally within financial services or insurance.
• Experience conducting research, analyzing risk information, and documenting findings clearly and accurately.
• Strong attention to detail, sound judgment, and the ability to recognize when issues require escalation.
• Strong organizational skills and the ability to manage multiple priorities, timelines, and sensitive regulatory requirements.
• Comfort working with spreadsheets, risk assessments, databases, and compliance documentation.
• Strong written and verbal communication skills, with the ability to collaborate effectively with Compliance colleagues, front‑line teams, business partners, and external vendors.
• A relevant post‑secondary degree is preferred.
• ACAMS or CAMLI accreditation is considered an asset.

What we pay…

$70,000 - $90,000

What's in it for you

At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.

We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…

• A fantastic vacation plan and time off
• A pension plan with 100% match by ivari
• Employee savings plan with 75% match to help you save even more
• Flexible and hybrid work arrangements
• Opportunities for professional development
• Recognition programs to cheer you on, motivate and reward
• Wellness programs to keep you healthy and happy

Who you are…

Someone who enjoys a culture where everyone is genuinely respectful and you can be your authentic self every day. Your contributions and opinions are not only sought, but valued. You know the importance of, and live by, our core values of…

• Bringing clarity and focus to your work
• Taking ownership and doing what you say you will
• Remaining flexible
• Collaborating with others

Does this sound like you? We’re looking for great people to join our team!

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [e-mail] .

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants