Aml Manager

**1. ROLE PURPOSE/SUMMARY**

AML Manager is responsible to:
Lead EDD Review and follow up.

Lead on quarterly assurance testing.

Lead testing for branches and departments (including revising testing template when needed

and drafting report)

Assists in developing, implementing and administering all aspects of the Bank’s compliance

programs. Including but not limited to, the development and implementation of

compliance systems, policies, and procedures to identify and assess the compliance risks

and compliance related information.

The role also assists:

- in the management of the AML Team
- serves as an advisor to business partners, stakeholders and other staff on risk and

compliance-related matters, and
- guides management and staff in the establishment of controls to mitigate compliance

risk.

**2. CORE RESPONSIBILITIES**
- Complete enhanced due diligence reviews for higher risk clients
- Investigate and assess alerts for potential money laundering risks in the Bank
- Ensure efficient identification and monitoring of unusual activities and transactions
- Ensure timely and effective reporting of unusual transactions to the CAMLO
- Daily assessment of AML and SWIFT reports for potential unusual and sanctioned activity
- Maintain a current understanding of money laundering, terrorist financing and sanctions
- issues, including policies, procedures, regulations, industry best practice, criminal
- typologies and developing trends
- Assist in identifying systemic procedural weaknesses and additional training requirements
- for the Bank
- Advise management on current issues regarding correspondent banking
- Prepare and submit weekly, bi-weekly, monthly and quarterly reports to the CAMLO
- Review all external requests received by the team
- Contributes to the drafting of procedures and reports to senior management
- Conducts various quality assurance exercises
- Conducting AML compliance testing on business units
- Timely execution of instructions received from CAMLO
- Any other projects/ad-hoc duties assigned from time to time
- Assist with guidance and training to other team members

**3. REQUIREMENTS**
- Bachelors’ Degree or above in Finance, Business Finance, Accounting, or related field or vocational qualification and relevant experience
- Minimum of 5 years’ experience in an anti-money laundering role
- Minimum of 2 years’ experience in a management role
- Demonstrated knowledge of anti-money laundering laws, regulations, and best practice
- Relevant certification like CAMS etc.
- Problem solving skills. Breaks down information, looking through data and finds patterns, brainstorms new ideas. Pays attention to detail, critical thinking
- Computer skills
- Microsoft Office
- Expresses herself clearly, using language with precision. Constructs a logical argument, note taking, editing, and summarizing.
- Identify and define the problem. Come up with possible solutions and evaluate the options
- Relationship building, decision making, critical thinking, employee motivation, agility and adaptability

**Benefits**:

- Company events
- Dental care
- Extended health care
- Life insurance
- On-site parking
- Tuition reimbursement
- Vision care
- Work from home

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay
- Overtime pay

**Experience**:

- AML: 3 years (preferred)
- Management: 2 years (preferred)

Licence/Certification:

- Certified Anti-Money Laundering Specialist (preferred)

Work Location: Hybrid remote in Thornhill, ON L3T 7Y9