AML Officer, AML Governance

4 weeks ago

Old Toronto, Canada EQ Bank | Equitable Bank Full time

Being a traditional bank just isn’t 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 what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll 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 370,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform (eqbank.ca ) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists. 

The Work

The AML/ATF department within Compliance is responsible for the management of the Bank’s AML/ATF risk through the implementation and monitoring of effective controls. The AML Officer’s role is a multi-faceted one as responsibilities may include conducting AML/ATF testing and monitoring routines, conducting Quality Assurance (QA) reviews, assessing unusual transactions, reviewing Suspicious Transactions Reports (STRs), and providing support and guidance to the business units. The environment is fast-paced and requires effective time management of multiple tasks and projects.

The core parts of your role would be to:
  • Conduct monitoring and testing routines of existing Business Unit internal controls and QA reviews on AML team adjudications and investigations to test for adherence to the Bank’s AML/ATF policies and procedures;
  • Consolidate data across various sources to analyse results and offer solutions to streamline future reporting where required;
  • Identify the major AML/ATF risk trends and provide suggestions to identify areas for focused training;
  • Provide support in the implementation, oversight, and management of an effective AML/ATF program;
  • Assist in the planning and coordination of AML-related projects, where it relates to the administration, communication, and reporting;
  • Proactively identify best practices to ensure compliance with regulatory requirements;
  • Identify and provide recommendation(s) on areas of improvement to close gaps to the Senior Manager;
  • Communicate and work with business units to address inquiries regarding the Bank’s AML/ATF policies and procedures;
  • Provide professional written reporting on a regular basis on quality of testing and monitoring routines, emerging trends, and progress of compliance efforts;
  • Support the Senior Manager, AML Governance in conducting monitoring and testing activities within specified timeline with regards to regulatory reports such as Suspicious Transactions Reports (STRs);
  • Support the Senior Manager, AML Governance with the development and maintenance of enterprise-wide AML/ATF-related documents;
  • Support business units by providing advice on inquiries, escalations, and/or resolutions; and
  • Provide support to the department as an independent review and evaluation body to ensure compliance issues/concerns are being appropriately evaluated, investigated and resolved.
Let’s Talk About You
  • Post-secondary education in business or finance with a minimum of 3-5 years of experience working within the AML Compliance function at a regulated financial institution in Canada. Experience should include exposure to regulatory compliance, risk management disciplines 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 verbal and written communication skills;
  • Proven analytical and problem-solving skills;
  • Excellent interpersonal skills with the ability to work individually or as part of a team;
  • Strong attention to detail with the ability to review one’s own work;
  • AML designation (CAMS) is preferred;
  • Experience in adjudicating transaction alerts and monitoring for retail banking an asset; and
  • Bilingualism is an asset (English and French).
What we offer [For full-time permanent roles]

Competitive discretionary bonus 

???? 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, personal days and even a moving day 

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

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s 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 beyond. All 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.

#J-18808-Ljbffr

  • AML Officer, AML Governance

    5 days ago

    Old Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Being a traditional bank just isn't 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 what's possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you're not...

  • AML Officer, AML Governance

    2 months ago

    Toronto, Canada Equitable Bank Full time

    The core parts of your role would be to:Conduct monitoring and testing routines of existing Business Unit internal controls and QA reviews on AML team adjudications and investigations to test for adherence to the Bank’s AML/ATF policies and procedures;Consolidate data across various sources to analyse results and offer solutions to streamline future...

  • Aml Officer, Aml Governance

    2 weeks ago

    Toronto, Canada EQ Bank | Equitable Bank Full time

    **Join a Challenger** Being a traditional bank just isn’t 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 what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Associate Vice President, Aml, Governance and

    2 months ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** - The TD Global AML department (GAML) is accountable for establishing TD's Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure that all TD...

  • Associate Vice President, Aml, Governance and

    2 months ago

    Toronto, Canada TD Bank Full time

    413005BR Anti-Money Laundering / Compliance & Regulatory Relations Toronto, ON June 29, 2023 Company Overview Department Overview The TD Global AML department (GAML) is accountable for establishing TD’s Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure...

  • Associate Vice President, Aml, Governance and

    4 days ago

    Toronto, Ontario, Canada TD Bank Full time

    TD DescriptionStay current and competitive. Carve out a career for yourself. Grow with us.Department Overview The TD Global AML department (GAML) is accountable for establishing TD's Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure that all TD businesses adhere...

  • Associate Vice President, Aml, Governance and

    4 days ago

    Toronto, Ontario, Canada TD Bank Full time

    413005BRAnti-Money Laundering / Compliance & Regulatory RelationsToronto, ONJune 29, 2023Company OverviewDepartment OverviewThe TD Global AML department (GAML) is accountable for establishing TD's Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure that all TD...

  • Manager, Aml Data Projects, Aml Risk

    4 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 170782 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **What you will be doing...** The Manager, AML Data, is responsible for providing support for the operationalization of data in the Name Screening and MIS and Risk Assessment workstreams. The role will provide support for all data...

  • Manager, Wealth Aml

    3 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 183138 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** Contributes to the overall success of the Wealth AML team for Global Wealth Management (Canada) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...

  • Manager, Wealth Aml

    4 days ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 176623 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** Contributes to the overall success of the Wealth AML team for Global Wealth Management (Canada) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business...

  • AML Analyst

    2 months ago

    Old Toronto, Canada Nexus Systems Group Inc. Full time

    Typical Day in the Role: • Oversee the Onboarding Screening Process of new clients • Working to address the requests made from internal business lines • The AML Analyst will assess the new client and determine whether additional info or documentation is required • The AML Analyst will explore the products the client is requesting and determine...

  • AML Analyst

    2 months ago

    Old Toronto, Canada Nexus Systems Group Inc. Full time

    Typical Day in the Role: • Oversee the Onboarding Screening Process of new clients • Working to address the requests made from internal business lines • The AML Analyst will assess the new client and determine whether additional info or documentation is required • The AML Analyst will explore the products the client is requesting and determine...

  • AML Analyst

    2 months ago

    Old Toronto, Canada Nexus Systems Group Inc. Full time

    Typical Day in the Role: • Oversee the Onboarding Screening Process of new clients • Working to address the requests made from internal business lines • The AML Analyst will assess the new client and determine whether additional info or documentation is required • The AML Analyst will explore the products the client is requesting and determine...

  • Associate, Aml Asset Management Governance

    2 months ago

    Toronto, Canada TD Bank Full time

    408935BR Asset Management Toronto, ON May 9, 2023 Company Overview Department Overview TD Asset Management Inc. (“TDAM”) is a Canadian investment management firm with global locations that has leading market positions in passive, quantitative, enhanced, active and alternatives portfolio management. TDAM serves a large and diversified institutional...

  • Administrator, Aml

    2 months ago

    Toronto, Canada First National Financial Full time

    Working together to be our best! First National is one of Canada’s largest non-bank lenders, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty-five years, we have been committed to hiring the best and brightest with over 1,500 proud team members. Through cooperation, ongoing coaching, development...

  • AML Investigation

    3 weeks ago

    Toronto, Canada Procom Full time

    AML Investigator - Job DescriptionConduct thorough investigations on unusual or suspicious account activities to identify protentional money laundering or terrorist financing risksAnalyze transaction patterns using various investigative techniques and toolsCollaborate with internal and external stakeholders, including law enforcement, to ensure effective AML...

  • Aml Specialist

    1 week ago

    Toronto, Canada Mosaic Partners Full time

    Top Tier Investment Banking firm looking for AML professionals to join their growing team. This is an excellent opportunity to provide a broad range of AML operations support which includes the ability to perform general to more specialized AML detection activities as well as review of transactions or other processing activity for the functional area within...

  • Manager, Wealth Aml

    5 days ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 176623Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.PurposeContributes to the overall success of the Wealth AML team for Global Wealth Management (Canada) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and...

  • Aml/atf Analyst

    4 weeks ago

    Toronto, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Aml Risk Manager

    3 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 178020 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** **Background** The GBM TM AML Risk Monitoring Strategy & Governance team is responsible for reviewing the banks anti-money laundering (AML) transaction monitoring (TM) program for GBM products and services. As part of...