Manager, Aml 1st Line Operations

**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 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 670,000 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 six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

**The Work**

This position assists the Senior Director, AML 1st Line, Digital Banking in ensuring AML/ATF related policy and procedures are maintained and current to support a comprehensive and effective AML/ATF program for Digital Banking, assists employees to comply with legislation and regulations, conducts monitoring and testing of AML controls for Digital Banking and helps to manage reputational and other operational risks. The environment is often fast-paced and requires the effective time management of multiple tasks and projects.

**Advisory and Training**:

- Acts as a point of escalation for AML 1st Line for AML/ATF related inquiries relating to regulatory interpretation or the Bank’s AML/ATF program while ensuring compliance with applicable laws, regulations, guidelines, and established procedures.
- Support the Senior Director in providing guidance, regulatory interpretation, training and other assistance with appropriate standards and business practices to support Digital Banking in managing its AML/ATF activities.
- Supports the Senior Director in the development and implementation of procedures and training for the identification, quantification and management of regulatory compliance risk for Digital Banking.
- Recommends strategies to improve or update existing AML/ATF controls or create new controls to ensure the effective management of ML/TF risk.
- Creates and independently manages summaries, presentations, statistics, and any other required documentation to effectively report to the Senior Director on the status of AML/ATF program within Digital Banking.
- Proactively monitors and analyzes updates from the AML 2nd Line and provides sound recommendations for action to the Senior Director.
- Provides feedback on the Bank’s annual AML/ATF Risk Assessment as it relates to Digital Banking.
- Proactively manages remediation of any audit findings from AML 2nd Line or Internal Audit department.
- Remains up to date with sanctions, FATF publications, and general developments in the AML/ATF landscape.
- Participates in various internal/external workshops/seminars/conferences to remain current in the AML/ATF landscape (e.g., maintain CAMS certification).
- Regularly develops, updates and delivers specialized AML/ATF training at enterprise and business unit level and manages the maintenance of enterprise-wide AML/ATF employee training program, assessment and certification processes to effectively manage ML/TF risks and gaps and comply with regulatory expectations and industry standards.

**Policies and Procedures**:

- Supports the Senior Director in managing the development and maintenance of department AML/ATF related policies and programs to effectively manage ML/TF risks and comply with regulatory expectations and industry standards.
- Supports the Senior Director in the implementation, oversight and management of an effective AML/ATF program.
- Monitors regulatory and internal changes to recommend updates in policies and procedures and to provide regular updates to the Senior Director.
- Assesses and escalates to the Senior Director significant AML/ATF policy and procedural gaps and issues across Digital Banking and provides recommendations for remediation.
- Supports the Senior Director in reviewing new initiatives and changes to Digital Banking products and services, policies, processes and systems to determine whether compliance-related risks have been adequately addressed and suggests controls and procedures to ensure effectively manage risk and compliance.
- Manages the development, amendment and continuous improvement of the AML 1st Line’s policies and procedures.

**General**:

- Acts as mentor and role model for AML 1st Line team.
- Helps build processes for moni