AML / ATF Quality Control Specialist

Description

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About this opportunity

At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

The Quality Control (“QC”) team serves as a line 1b function, providing support to Meridian’s AML Compliance operations. The AML / ATF Quality Control Specialist (“QC Specialist”) is responsible for evaluating the operational output of the AML Compliance Team to confirm that activities adhere to established policies and procedures. Additionally, the QC Specialist ensures case notes are defensible and that decisions—such as whether to file a suspicious transaction report—are appropriately justified. It is essential that the incumbent possesses quality control and investigative experience to accurately assess whether casework meets policy requirements. The specialist also verifies that all required reports are accurate, complete, timely, and that quality control findings are thoroughly documented and retained in their work papers.

The incumbent will contribute to the ongoing development of the Quality Control Program to ensure it effectively meets its primary assurance objectives for monitoring the AML Operations Program. Where applicable, the QC Specialist will recommend enhancements to scope and processes to align with program goals. They will proactively identify areas for policy and procedural improvement based on emerging trends and findings, ensuring that quality control activities foster continuous process enhancement.

Furthermore, the QC Specialist will provide recommendations regarding systems, procedures, and regulatory compliance through both verbal and written communications. The QC Specialist supports the CAMLO and Deputy CAMLO by preparing reports and offering recommendations concerning the AML program.

Key Responsibilities :

• STRATEGIC – Support the design and implementation of the Quality Control (“QC”) strategy for AML / ATF operations, including the integration of new tools and technology within the program. The program should be refined and improved on a continual basis and updated to address new and emerging risk trends.
• TACTICAL – Execution of QC tasks, including reviews of casework, prescribed reporting (completeness, accuracy and timeliness), screening, and compliance with procedures.
• Maintain an audit ready culture. Communicate with auditors during review engagements, as applicable. Ensure that work papers are defensible and up to date.
• Execute QC testing strategies to support data model risk management.
• Develop and provide reporting on results to Management on a regular basis.

Knowledge, Skills, and Abilities :

Education, Work Experience, and Professional Designation / Certification :

This role represents an existing vacancy. Internal candidates are being considered as part of our standard process.

Salary Range : CAD   $68,800.00 to $103,200.00   annually.

Compensation for this role is based on a combination of skills, experience, and internal equity. Candidates with stronger alignment to the role’s requirements may be placed higher within the range. Your recruiter will share more information about our total rewards package during the hiring process.

Office Location : Toronto Corporate Office located at 3280 Bloor St W, Etobicoke, ON.

Meridian has a remote work policy that allows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.

What's in it for you?

Build the Future of Banking with Us

At Meridian, we’re not just adapting to the future—we’re shaping it. We see talent as a catalyst for   sustainable growth ,   community impact , and   future-readiness . As the financial landscape evolves, we’re looking for team members who bring :

Who we are :

Meridian is Ontario’s largest credit union, and second largest in Canada, helping to grow the lives of our more than 380,000 Members. Meridian has more than 80 years of banking history and is 100% owned by its members. With 87 retail branches and 15 Business Banking Centers across Ontario and $ 32B in assets under management, Meridian offers a full range of financial products and services to its retail, business banking and wealth members. With over 2200 employees and corporate offices located in Toronto and St. Catharines, Meridian has a track record of creating and delivering innovative new offerings and is committed to investing in the communities that we serve.  Our plan is to build on our momentum as we deliver on our purpose - helping our members achieve their best life.

Find our story here :