Responsibilities
- Provide senior management with consistent, consolidated, annotated reporting on AML regulatory reporting to FINTRAC, specific to Canadian legislation, with specific emphasis on Large Cash Transaction Report (LCTR), Electronic Funds Transfer Report (EFTR), Terrorist Property Report (TPR), and Ministerial Directive(s).
- Identify unacceptable AML risks and escalate them appropriately to the QA Manager or QA Senior Manager, Regulatory Reporting.
- Identify, track, and communicate system improvement opportunities and analytic defects, and participate in the implementation process.
- Assist in the creation and maintenance of analytical tools and reporting dashboards (e.g., Power BI) with respect to FINTRAC regulatory reporting.
- Assist in the development of business requirement documents and user acceptance testing of AML front-end and detective controls. Participate in the operational implementation process by assisting in the development of training materials, the creation of job aids and workflows, the development of communications and publications, the development of conversion and implementation strategies, training staff, and post-implementation support.
- Support and continuously improve the ongoing initiatives with respect to AML regulatory reporting to FINTRAC by providing ad hoc reporting, monitoring the efficiency/effectiveness of reporting, soliciting feedback, and critically assessing procedures.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursue effective and efficient operations of your respective areas, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risks.
- Champion a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates your team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.
Requirements
- A recognized undergraduate degree in a business or technical discipline (Accounting, Finance, or a related field) with a minimum of 3 years of related experience.
- Strong knowledge of regulatory compliance, particularly with respect to FINTRAC regulatory reporting (including SWIFT, NON-SWIFT EFT, and LCTR).
- A proven ability to critically assess, prioritize tasks, and deliver meaningful results in a fast-paced environment.
- Basic knowledge of operational processes including best practices, current and anticipated regulatory requirements, Back Office processes, and the end-to-end workflows among the Front and Back Offices.
- Good interpersonal and communication skills, and the ability to exercise diplomacy and judgment to effectively work with end users, members of project teams, and stakeholders across the global organization.
- Proficiency with languages and tools: VBA and Advanced Microsoft Excel.
- Proven ability to effectively analyze large amounts of transactional and case management data.
- Proven creative, self-starter, results-oriented, and highly motivated individual with good analytical skills to apply this knowledge to improve existing solutions and assist in the development of AML/ATF strategies.
Nice to Have
- Experience with SWIFT EFT (e.g., MT 103 messages), Non-SWIFT, or LCT.
- ACAMS Certification is a plus.
Benefits
- Champion a high-performance environment and contribute to an inclusive work environment.
- The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
- A competitive compensation and comprehensive benefits plan.
- An organization committed to making a difference in our communities - for you and our customers.
- You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.
Additional Information
- If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here.
