Manager / Assistant Vice President, Client Onboarding & KYC - Corporate & Investment Banking

Collins Recruitment Group; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A major global bank is seeking a Manager / Assistant Vice President, Client Onboarding & KYC with 5+ years of Corporate Banking experience. The role involves supervising the KYC due diligence process and ensuring compliance with regulatory obligations. Applicants should have strong KYC/AML knowledge, relationship management skills, and ideally hold a CAMS designation. This position offers opportunities for leadership and growth.

Qualifications

• 5+ years of Corporate Banking experience with KYC/AML compliance focus.
• Excellent knowledge of KYC/AML/QC/QA and Regulatory Compliance.
• Strong relationship management skills.

Responsibilities

• Supervise the end-to-end KYC due diligence process.
• Ensure risks are assessed and controls are implemented.
• Lead development of relevant processes and standards.

Skills

KYC/AML compliance

Interpersonal skills

Relationship management

Critical thinking

Project management

Writing skills

Education

Undergraduate Degree in Finance, Economics, or related field

CAMS designation

Tools

MS Office

Job description

Overview

Manager / Assistant Vice President, Client Onboarding & KYC - Corporate & Investment Banking

Excellent opportunity for a 'First Line of Defence' Onboarding / KYC specialist to join a major global bank as Assistant Vice President (AVP) of the Client Management Unit that supports Corporate & Investment Banking. The primary purpose of this role will be to ensure that First Line of Defence ("FLOD") Financial Crime related regulatory obligations are met with a focus on AML / KYC / Quality Control / Quality Assurance programs.

As AVP, you will act as Team Lead responsible for supervising the end-to-end KYC due diligence process and for developing, implementing, and maintaining operating manuals and procedures across functions with an emphasis on Global Corporate & Investment Banking clients.

Acting as a liaison between several groups and lines of business including Compliance, Legal, Business Unit Risk & Officer, Audit, Risk, Operations, and other enterprise stakeholders, you will ensure risks have been appropriately assessed, controls are adequately implemented, and all regulatory requirements are met. This is an exciting opportunity to lead a team, drive results, enhance compliance standards, and contribute to the bank's operational success.

AML Function Subject Matter Expert

• Lead local strategy implementation and effectiveness of the Global Corporate and Investment Banking Group's Financial Crimes, AML, and Regulatory Compliance related programs (including Onboarding, KYC, QC, QA) as a FLOD; Ensure that all KYC review files meet the highest quality standard.
• Lead development, implementation and maintenance of relevant processes, standards, reports, procedures, and operating manuals.
• Maintain, track and act as subject matter expert on platforms, subscriptions, SLAs specific to the Client Management Unit and other Business.

Units Risk & Control

• Lead execution support for risk and control responsibilities related to SLOD risk frameworks and Regulatory Compliance assessment requirements.
• Provide execution support for the Issues Management Framework including the identification, remediation planning, ongoing monitoring, and closure validation of open issues, and collaborate for issues resolution in a timely manner.
• Responsible for monitoring and reporting to ensure integration with risk, compliance, and operational aspects of the Bank to ensure ongoing compliance with changing regulations and requirements.

Stakeholder Management

• Support Global Corporate & Investment Banking customer on-boarding process and other customer-related requests with an emphasis on excellence in client service.
• Develop a strong and productive working relationship with FLODs.
• Liaise and coordinate relationships with local Compliance Department and Internal Audit, Testing teams and Global Financial Crimes Division (non-domestic).
• Act as subject matter expert for various cross-functional projects and manage relationships with multiple stakeholders at all levels.

Process / Quality Improvement

• Apply knowledge of all current applicable regulatory obligations focusing on Corporate Banking, and be able to relate them to policies and procedures.
• Provide FLOD Financial Crimes related training to relevant stakeholders.
• Continuous assessment of FLOD Financial Crime programs and process improvement.

Perform other duties as required and assigned including active participation in auxiliary tasks such as Business Unit Risk Management, Risk & Control Self-Assessment, Inbound Due Diligence Reporting, Records & Information Management, Global Financial Crimes Risk Assessment, Billing & Revenue Reporting, and other similar initiatives which may arise from time to time.

Experience

• 5+ years Corporate Banking experience with a strong focus and understanding of KYC / AML compliance and on-boarding. First Line of Defence experience essential.
• Excellent knowledge of KYC / AML / QC / QA and Regulatory Compliance.
• Proficient with policy analysis and procedure writing.
• Experience performing KYC Quality Control and KYC Quality Assurance essential
• Strong interpersonal and communication skills effectively applied within a demanding team environment.
• Strong relationship management skills; ability to establish and manage multiple stakeholder relationships with the business, within the three lines of defence, and with corporate support functions.
• Hands-on people manager, coach, and mentor.
• Self-starter , who is organized, proactive and an effective problem solver.
• Influential communications skills (verbal and written), critical thinking skills, business process / analysis skills, documentation skills.

Education and Certification

• Undergraduate University Degree in Finance, Economics, or related field
• CAMS (Certified Anti-Money Laundering Specialist) designation preferred

Technical Skills

• Solid understanding of Risk Compliance Management Program.
• Solid risk management skills and project management skills.
• Critical thinking skills, business process / analysis skills, and documentation skills.
• Proficiency in MS Office - Word, Excel, PowerPoint. General IT / systems knowledge essential
• Analytical approach to performing complex and varied tasks.

Contact

Contact: Shan Collins

Phone :

Email :

All applications and inquiries will be held in strict confidence.