Anti-Money Laundering Program Manager

What You'll Do

The Anti-Money Laundering (AML) Program Manager reports to the Bank’s Chief Anti-Money Laundering Officer (CAMLO) and supports the development, implementation, and ongoing management of the Bank’s AML/ATF Program. The role focuses on detecting, deterring, and reporting money laundering, terrorist financing, and sanctions evasion activities.

The position supports AML/ATF program initiatives such as program and systems modernization, management reporting, regulatory change management, audit and regulatory exams, consulting engagements, and remediation activities. Responsibilities span all components of the AML/ATF Program, including Financial Intelligence Unit (FIU) operations and AML/ATF Governance, Oversight, and Advisory functions.

This role requires strong collaboration with internal stakeholders, senior management, regulators, and industry peers, and the ability to operate effectively in a fast-paced environment.

Key Responsibilities

• Drive Operational and Technical AML Projects: Lead AML/ATF projects and technology-driven process improvement initiatives, including testing, monitoring, and optimizing system configurations to support effective program management and operational resiliency.

• Data Science/Technology Integration: Integrate data science into AML processes, including the use of data analytics using core systems TSYS, Acxiom and Databricks.

• Process Optimization: Support process optimization and program enhancements, including the use of technology and automation.

• Technology Implementation: Participate in meetings to evaluate new technologies and systems that could further enhance the AML program.

• Regulatory Monitoring: Monitor AML/ATF and sanctions legislative, regulatory, and industry developments and recommend program updates.

• Regulatory Impact Assessment: Assess regulatory changes, determine business impact and regulatory risk, engage stakeholders, and oversee implementation.

• Risk Management: Apply solid risk management judgment to identify, assess, and mitigate potential risks associated with AML activities.

• Support CAMLO: Support the CAMLO in managing consulting engagements, third-party relationships, and continuous development and maintenance of the departmental roadmap.

• Support Regulatory Examinations: Support regulatory examinations and internal audits, including action plan development and remediation.

• Industry Engagement: Participate in industry forums and maintain professional certifications and networks.

• Support Teams: Support teams in improving AML/ATF investigations, regulatory reporting, system maintenance, quality assurance, and due diligence processes.

• Foster Collaboration: Foster collaboration, accountability, and a high-performing team culture.

• Cross-functional Partnership: Partner with cross-functional teams to address AML/ATF risks and implement corrective actions.

What You Bring

• Educational Background: University degree in Business, Law, or a related field; professional certification (e.g., CAMS, CFCS) preferred.

• AML/ATF Experience: 5+ years of Canadian AML/ATF and compliance experience in the financial services industry.

• Hands-on Experience: Practical experience with AML investigations and FINTRAC regulatory reporting.

• Regulatory Knowledge: Strong knowledge of Canadian AML/ATF and sanctions legislation, FINTRAC and OSFI guidance, and industry standards.

• Technical Proficiency: Experience working with AML systems, investigation tools, data analytics, TSYS, Databricks, and vendors.

• Analytical Skills: Demonstrated ability to analyze regulatory requirements and translate them into practical solutions.

• Project Management: Experience managing AML/ATF projects, initiatives, and remediation activities.

• Leadership Skills: Proven leadership abilities, along with strong stakeholder engagement and communication skills.

• Attention to Detail: Strong analytical, investigative, and research skills with high attention to detail.

• Risk Management Abilities: Solid risk management judgment and decision-making capabilities.

• Organizational Skills: Excellent organizational skills with the ability to manage multiple priorities effectively.

• Change Management: Proven ability to lead change initiatives and deliver results in evolving environments.

• Communication Skills: Strong written, verbal, and presentation skills.

• Adaptability: Adaptable, quick learner able to perform effectively in dynamic settings.

• Industry Experience: TSYS, Retail banking, and background in data science is an asset.

We’re always looking for great talent! In addition to competitive pay, we offer:

• Comprehensive benefits and retirement programs

• Performance incentives, Continuing Education Programs

• Other perks to support your well-being

• Career growth opportunities and product discounts

Broadband Salary Range: $79,000 – $131,000.
Salary decisions are also dependent on other factors such as your experience, industry benchmarks, internal equity and other role-specific requirements. For critical roles, the compensation offering will be reviewed to ensure alignment with market rate and conditions and the unique value you bring to the role.

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This posting represents an existing vacancy within our organization.

We may use artificial intelligence tools as part of our recruitment process to assist in the initial screening of resumes. All hiring decisions, including candidate evaluation, selection, and disposition, are made by human recruiters.