Manager, Canadian Financial Investigations

Requisition ID: 217103

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Canadian Financial Investigations & Governance and Business Management supervises and manages a designated team(s) within the Financial Intelligence Unit (FIU), Special Investigations Unit (SIU), or SIU Projects team (SIUP) to ensure the delivery of clearly reasoned findings and actions associated with FIU/SIU/SIUP investigations, along with the timely disposition of such investigations. Ensures all activities conducted comply with governing regulations, as well as internal policies and procedures.

Plans, coordinates, and investigates potential money laundering (ML), terrorist financing (TF), and/or other matters related to FIU/SIU/SIUP transaction monitoring cases referred by internal team members, and/or other internal or external sources.

Manages the operational processes and maintains quality performance for the FIU/SIU/SIUP, including timely investigations and proper regulatory reporting, such as suspicious transaction reporting. Consistently delivers clearly reasoned, rational, and timely outcomes, findings, and actions associated with FIU/SIU/SIUP investigations, thereby mitigating potential financial, regulatory, reputational, sanctions, and legal risk to the Bank.

Drives the execution of business strategies, plans, and initiatives in compliance with governing regulations, the AML Program, and internal policies/procedures. Supports change management of strategic initiatives and employee engagement activities.

**Is this role right for you? In this role, you will**:

- Prioritize and manage investigations conducted by the FIU/SIU/SIUP team, including monitoring performance and meeting established benchmarks.
- Establish and monitor team goals and objectives to manage workload and performance.
- Review, approve, and prepare investigative reports, along with related documents.
- Provide mentoring, coaching, and feedback, and recommend actions and best practices regarding case investigations, as appropriate. Manage resources required to complete investigations.
- Monitor the team’s timely reporting of suspicious transaction reporting (STR) and other required ML/TF filings to the proper regulatory authority, in accordance with regulations.
- Ensure high-risk clients, including, but not limited to, potential politically exposed persons (PEPs)/politically exposed foreign persons (PEFPs), and/or sanctions are referred, as appropriate, to internal partners (e.g., EDDU, Global Sanctions, etc.).
- Recommend risk mitigation actions and next steps at the conclusion of FIU/SIU/SIUP investigations, including demarket, retain, and Caution List recommendations, as appropriate.
- Prepare materials and deliver investigative results to the appropriate staff, including identification of trends and areas for improvement.
- Apprise and advise senior personnel regarding ongoing investigations and findings.
- Communicate regularly with team members to identify challenges and obstacles related to the team’s objectives.
- Identify and suggest ML/TF awareness training needs to discuss trends and changes in money laundering typologies. Support the creation and implementation of training, including material and communication strategy.
- Maintain up-to-date knowledge and skill sets relevant for ML/TF, Bank’s Risk Appetite Statement, Risk Culture, Sanctions, and other regulatory matters to perform case investigations.
- Support, mentor, and coach team members for ongoing professional development to ensure that individual and collective team knowledge is current and comprehensive to support the investigation process, and to ensure that outcomes, including decisions and recommendations, are based on a thorough understanding of risk and made in the context of relevant and full knowledge.
- Support regulatory management and exam readiness, as well as issues management.
- Support the activities and the internal processes of the senior management AML committee(s).
- Support the development of employee engagement materials, including, but not limited to, Town Hall, Newsletter, and Honour Roll, and is responsible for driving new engagement initiatives.
- Support the FIU (including the Special Investigations Unit [SIU] and SIU Projects team [SIUP]) with onboarding and offboarding, program governance, and meeting administration.
- Develop expertise with the applicable case management systems, bank information systems, and analytics reporting tools.
- Support the design, assessment, and change management of bank-wide initiatives.
- Understand enterprise-wide financial, regulatory, reputational, sanctions, and legal risks, and provide oversight and governance in all relevant business lines.
- Create an environment in which the team pursues effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet o