Senior AML Officer, AML Advisory

EQ Bank; Toronto; On-site; CAD 75,000 - 105,000; Full time

Job summary

Join EQ Bank as a Senior AML Officer, where you'll enhance our enterprise-wide Anti-Money Laundering program. You'll support compliance management and develop key training initiatives to address regulations effectively. This role requires strong organizational and analytical skills, with a focus on improving banking practices in a fast-paced team environment.

Benefits

Competitive discretionary bonus

Market leading RRSP match program

Medical, dental, vision, life and disability benefits

Employee Share Purchase Plan

Generous vacation policy and personal days

Annual professional development allowance

Comprehensive Career Development program

Qualifications

• 4 years of experience in AML Compliance at a regulated financial institution.
• Bilingual (English and French) is an asset.
• Experience in regulatory compliance and risk management disciplines.

Responsibilities

• Support development of AML / ATF-related documents and programs.
• Provide advice on AML / ATF inquiries and oversee issue management.
• Develop and deliver AML / ATF training at all levels.

Skills

Organizational skills

Analytical skills

Problem-solving skills

Verbal communication skills

Written communication skills

Interpersonal skills

Advanced Excel skills

Education

Post-secondary education in business or finance

Certified Anti-Money Laundering Specialist (CAMS)

Certified Financial Crime Specialist (CFCS)

Job description

Being a traditional bank just isnt our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options and we challenge ourselves and our teams to creatively transform whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform ( ) one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

The Work

The AML Advisory team within the Compliance department is responsible for being the subject matter expert on Anti-Money Laundering Anti-Terrorist Financing (AML / ATF) Sanctions and Compliance-related matters. This position primarily assists the Senior Manager AML Advisory in the ongoing management and the oversight of Equitable Banks enterprise-wide AML / ATF program.

The Senior AML Officers role is a multifaceted one as responsibilities may include ensuring AML / ATF related policy and procedures are maintained and current to support a comprehensive and effective Regulatory Compliance Management regime within the Bank assists Senior Management and employees to comply with legislation and regulations and managing reputational and other operational risks. The environment is fast-paced and requires effective time management of multiple tasks and projects.

The Core Responsibilities!

• Support the Senior Manager AML Advisory with the development and maintenance of enterprise-wide AML / ATF-related documents and programs to effectively manage ML / TF risks and comply with regulatory expectations and industry standards.
• Provide support in the implementation oversight and management of an effective AML / ATF program and the reporting of same to Senior Management and / or the Board.
• Support business units by providing advice on AML / ATF related inquiries / exceptions relating to regulatory interpretation or the Banks AML / ATF program while ensuring compliance with applicable laws regulations guidelines and established procedures.
• Manages Issue management from start to finish including issue identification review of action plans monitoring progress escalations evidence collection for issue closure etc.
• Supports the position on regulatory compliance Issues by interpreting requirements (existing new and emerging) and identifying analyzing and addressing resultant gaps and issues including those raised through the review of change initiatives. Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks.
• Supports the Senior Manager AML Advisory in reviewing significant new initiatives and changes to products and services policies processes and systems to determine whether compliance-related risks have been adequately addressed and suggests controls and procedures to ensure effective management of risk and compliance.
• Regularly develops updates and delivers specialized AML / ATF training at the enterprise and business unit level and manages the maintenance of the enterprise-wide AML / ATF employee training program to effectively manage ML / TF risks and gaps and comply with regulatory expectations and industry standards.

Lets Talk About You!

• Post-secondary education in business or finance with 4yearsof experience working within the AML Compliance function at a regulated financial institution in Canada. Experience should include exposure to regulatory compliance risk management disciplines program management and best practices.
• Working knowledge of regulatory requirements for AML / ATF and sanction risk industry best practices and / or organizational goals for AML / ATF typologies.
• Advanced Excel skills specifically ability to create macros v-lookups and add programming where required.
• Ability to organize and compile data to produce metric reports.
• Strong organizational skills demonstrates ability to prioritize assignments projects and multi-task within restricted time constraints.
• Excellent written and verbal communication skills including strong public speaking and presentation skills as well as the ability to develop and maintain strong relationships with internal and external contacts.
• Proven analytical and problem-solving skills.
• Excellent interpersonal skills with the ability to work individually or as part of a team.
• Certified Anti-Money Laundering Specialist (CAMS) Certified Financial Crime Specialist (CFCS) or other recognized AML / Financial Crimes certifications are preferred.
• Bilingualism is an asset (English and French).

What we offer For full-time permanent roles

Competitive discretionary bonus

Market leading RRSP match program

Medical dental vision life and disability benefits

Employee Share Purchase Plan

Maternity / Parental top-up while you care for your little one

Generous vacation policy and personal days

Virtual events to connect with your fellow colleagues

Annual professional development allowance and a comprehensive Career Development program

A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We cant wait to get to know you!

Required Experience :

Senior IC

Key Skills

Business Development,Business Continuity Planning,Cruise,ABB,E Learning,Archicad

Employment Type : Full-Time

Experience : years

Vacancy : 1

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