Enterprise Financial Crimes Compliance Risk Manager

U.S. Bank; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

A leading financial institution is seeking an Enterprise Financial Crimes Compliance Risk Manager in Toronto. This senior role involves overseeing risk management frameworks, ensuring compliance with financial regulations, and leading projects to mitigate financial crimes risk. Candidates should possess extensive experience in compliance and risk management, along with strong leadership and analytical skills.

Benefits

Hybrid/flexible schedule

Comprehensive benefits package

Qualifications

• Typically more than 10 years of applicable experience.
• Advanced knowledge of financial crimes regulatory requirements.
• Experience with Risk Assessments and Audit processes.

Responsibilities

• Oversee the creation and maintenance of a risk management framework.
• Ensure compliance with laws and regulations.
• Lead projects to mitigate financial crimes risk.

Skills

Leadership

Analytical

Problem Solving

Negotiation

Communication

Education

Bachelor's degree or equivalent work experience

Tools

Microsoft Office

Job description

Enterprise Financial Crimes Compliance Risk Manager page is loaded

Enterprise Financial Crimes Compliance Risk Manager

Apply locations Toronto, Ontario | time type Full time | posted on Posted 2 Days Ago | time left to apply End Date: May 28, 2025 (4 days left to apply) | job requisition id 2025-0009359

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to oversee the successful creation, implementation, and maintenance of an effective risk management framework. The EFCC Risk Manager provides oversight and credible challenge to Business Lines and Support Functions with Canada exposure on the effectiveness of processes and controls that mitigate financial crimes risk. Leads projects and activities to ensure compliance with applicable laws and regulations. Ensures the active identification, response, and escalation of risks as appropriate. May influence policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for effective partnership between the Line of Business and the Lines of Defense.

This position focuses on Merchant Payment Services Canada financial crimes compliance.

Basic Qualifications
- Bachelor's degree or equivalent work experience
- Typically more than 10 years of applicable experiencePreferred Skills/Experience

• Advanced knowledge of applicable laws, financial crimes regulatory requirements, financial services, and regulatory trends impacting the assigned line of business.
• Understanding of FINTRAC’s Guidelines, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, and associated Regulations.
• Experience with Risk Assessments, ESRP review, PRISM, Third-Party Risk Management, and Audit/Issue Management processes.
• Comfortable operating in ambiguous situations, providing oversight and credible challenge, and possessing subject matter expertise in compliance, AML/BSA, and regulations.
• Experience in identifying emerging risks and recommending updates to policies, procedures, and controls based on enterprise policy changes.
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls.
• Thorough knowledge of Risk/Compliance/Audit competencies.
• Strong leadership and management skills for processes, projects, and teams.
• Effective written and verbal communication skills.
• Strong analytical, problem-solving, and negotiation skills.
• Proficient in Microsoft Office applications.
• Applicable professional certifications.

Note: This role offers a hybrid/flexible schedule, requiring in-office presence for at least 3 days per week, with flexibility to work remotely on other days.

If accommodations are needed for a disability during the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: Our benefits and total rewards are designed to support your health, financial security, and peace of mind, considering your whole self and needs outside of work.

Note: Posting may close earlier due to high volume of applicants.

About Us

At U.S. Bank, we’re committed to doing our best. We help customers and businesses make smarter financial decisions and support community growth. We believe everyone’s potential is unique. A career with us offers opportunities to learn, grow, and excel from Day One.