(Senior) Manager, AML/KYC

Industrial and Commercial Bank of China (Canada); Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Industrial and Commercial Bank of China (Canada) in Toronto is seeking a Full-Time AML/KYC Compliance professional to lead and support the bank's Know Your Customer controls and related AML/ATF program execution.

The role requires 4–5 years in commercial banking in an advisory or AML SME capacity, with strong knowledge of regulatory standards (FINTRAC, PCMLTFA, OSFI, and related guidance) to uphold KYC and due diligence across the organization.

Qualifications

• Bachelor degree and background in related field combined is required.
• 4-5 years of experience in the commercial banking in an advisory or AML SME role
• Demonstrated knowledge of or experience in AML/ATF Compliance and KYC
• A comprehensive understanding of regulatory requirements and legislation, including FINTRAC Guidance, PCMLTFA, OSFI Guidance, Retail Payments Association Guidance and regulations

Responsibilities

• Build, execute and support an effective bank-wide AML/ATF Program, specifically supporting the Know Your Customer (KYC) process within the Bank and its lines of businesses.
• Provide a range of research, guidance, support and/or advice to branches and business units to ensure the AML/ATF and KYC controls and processes are in effect to mitigate associated risks.
• Provide guidance to the business on day-to-day AML/ATF matters in accordance with regulatory compliance requirements, payments, regulatory reporting and industry standards that support KYC, and due diligence, as well as the underlying policy and governance,
• Offer support and advice in terms of regulator and industry standards for KYC and AML.
• Subject matter expert in AML and KYC/EDD

Skills

AML/KYC knowledge

Regulatory adherence

Education

Bachelor degree

Job description

Recruitment Process, Privacy and Accessibility Notice

We thank all applicants for their interest in career opportunities with Industrial and Commercial Bank of China (Canada) (“ICBK”). Please note that only shortlisted candidates will be contacted.

ICBK is committed to fostering an inclusive and accessible recruitment process. If you require accommodation at any stage of the application or interview process, please inform us and we will work with you to address your needs. For more information on our accessibility commitment, please refer to Accessibility at ICBK on our corporate website.

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Department / Branch: Compliance Department

Reports To:Deputy Chief Anti-Money Laundering Officer

Employment Type: Full-Time Permanent

Location: 333 Bay Street. Toronto, ON, M5H 2R2

Major Responsibilities:

• Build, execute and support of an effective bank-wide AML/ATF Program, specifically supporting the Know Your Customer (KYC) process within the Bank and its lines of businesses.
• Provide a range of research, guidance, support and/or advice to branches and business units to ensure the AML/ATF and KYC controls and processes are in effect to mitigate associated risks.
• Provide guidance to the business on day-to-day AML/ATF matters in accordance with regulatory compliance requirements, payments, regulatory reporting and industry standards that support KYC, and due diligence, as well as the underlying policy and governance,
• Offer support and advice in terms of regulator and industry standards for KYC and AML.
• Subject matter expert in AML and KYC/EDD

Requirements:

• Bachelor degree and background in related field combined is required.
• 4-5 years of experience in the commercial banking in an advisory or AML SME role
• Demonstrated knowledge of or experience in AML/ATF Compliance and KYC
• A comprehensive understanding of regulatory requirements and legislation, including FINTRAC Guidance, PCMLTFA, OSFI Guidance, Retail Payments Association Guidance and regulations

Special Requirements:

• Certification in a professional association such as ACAMS or ACFCS is considered an asset.