specialist, financial crimes

We are banking at another level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

• Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few   

• In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1

• A hybrid work model that truly balances work and personal life

• Opportunities for learning, training and development, and much more... 

Explore the BDC Way in our Culture Book

*Please note that this role requires bilingualism in English and French.

POSITION OVERVIEW

The Specialist, Financial Crimes is responsible for supporting the Director, Financial Crimes Program (Director) in activities as it relates to the execution and oversight of BDC's Know-Your-Client (KYC), Anti-Money Laundering (AML), Anti- Terrorism Financing (ATF), and Sanctions (S) program.

This is a specialized role requiring working knowledge of FINTRAC and KYC/AML/ATF/S practices.

The ideal candidate brings experience:

• Conducting complex AML investigations within a lending institution, with a demonstrated ability to analyze data, identify suspicious activities and money laundering indicators, and prepare thorough investigation reports.

• Managing AML programs, including designing, implementing, and enhancing its requirements.

• They are adept at building and maintaining effective relationships with stakeholders across business lines, providing subject matter expertise to inform risk assessments, remediation, and strategic decision-making. Their deep understanding of AML risks enables them to proactively review and strengthen program design, while their communication and leadership skills foster collaboration and a strong culture of compliance throughout the organization.

CHALLENGES TO BE MET

·       Completing a review of Suspicious Activity Reports (SAR), Sanction's risk reviews, interpretations and exception requests, and making a recommendation for the Director's review and approval.

·       Investigating and thoroughly documenting suspected cases of money laundering/terrorist financing, and compiling reports for law enforcement or regulatory bodies.

·       Leading KYC/AML/ATF/S change initiatives as it relates to business procedures, rules, and guidelines to strengthen internal controls, bring efficiency, and improve BDC's processes.

·       Managing relationships and regularly interacting with the various risk partners such as Credit Risk Management, Special Accounts, Operational Risk Management etc. to identify, manage, and/or remediate KYC/AML/ATF/S concerns.

·       Completing AML/ATF Inherent Risk/Self Assessments and compiling their results for the CAMLO's review.

·       Creating annual, quarterly and ad-hoc risk reports for the CAMLO's review.

·       Serving as an advisor to BDC's line of businesses and promoting a culture of compliance within the organization.

·       Staying abreast on evolving regulations and best practices through independent study, attendance at industry conferences, and development of relationships with other professionals or other financial institutions.

·       Assisting the Director in other duties related to the management of the KYC/AML/ATF/S program as needed.

WHAT WE ARE LOOKING FOR

·       Bachelor's degree in Business Administration (BA), Commerce or equivalent.

·       A minimum of 5 years of relevant financial industry experience in the AML domain.

·       CAMS (Association of Certified Anti-Money Laundering Specialists) certification required.

SKILLS, KNOWLEDGE AND COMPETENCIES

·       Self-starter with the ability to be resourceful and recommend solutions.

·       Developed organization and time management skills with ability to manage multiple competing priorities.

·       Excellent written and presentation skills in English and French (bilingualism required).

·       Effective leadership skills with the ability to develop meaningful relationships, build credibility and trust with partners.

·       Highest level of integrity, professionalism and excellent judgement concerning confidential matters.

·       Knowledge of KYC/AML/ATF/S legislation and regulations as they apply to financial services and financing organizations.

·       Proficient in Microsoft Office applications (Word, Excel and PowerPoint).

Proudly one of Canada's Top 100 Employers and one of Canada's Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.