Anti Money Laundering jobs in Canada

Who WE Are:
Atlantic Central is the trade association for credit unions in Atlantic Canada. League Savings and Mortgage (LSM) is a federally regulated financial institution. Together, we provide a wide range of services and competitive financial products to support credit union success. We deliver quality results and offer a collaborative and community focused work environment in which to do it. Our employees' wellbeing is a top priority, and we underscore that with flexible working arrangements, personal days, and even birthdays off, to enable employees' to strike a balance that works for them. We strive to create an environment where all team members have opportunities for growth and feel welcome, valued, supported and connected.

If your values align with ours, consider joining our team as an AML Compliance Specialist.

A TYPICAL WEEK:

Working as part of a diverse team in our Atlantic Service Centre (ASC) for Risk Management & Compliance, the AML Compliance Specialist serves as the subject matter expert in Canada's anti-money laundering legislation and is responsible for Verafin alert processing and case management, AML regulatory reporting, and for supporting customer organizations on all AML-related matters and activities.

This role is also the subject matter expert for non-Anti Money Laundering compliance (i.e., Canada's Anti-Spam Legislation (CASL), Foreign Account Tax Compliance Act (FATCA), Personal Information Protection and Electronic Documents Act (PIPEDA), Common Reporting Standard (CRS), and provides compliance monitoring, direction, advice, and support to customers.

As the ideal candidate you will have Verafin user experience and have successfully completed a bachelor's degree in business administration or finance, plus have 3-5 years relevant AML compliance experience within a financial institution, preferably a credit union; or have an equivalent combination of experience and education.

A Certified Anti-Money Laundering Specialist (CAMS) designation or Canadian Anti-Money Laundering Institute (CAMLI) certification will be considered an asset.

SKILLS
You have in depth knowledge of Proceeds of Crime Money Laundering Terrorist Financing Act and FINTRAC Guidelines, sound knowledge of the financial regulatory environment & requirements related to PIPEDA, FACTA, CASL, and CRS, analytical capability to solve complex problems, and influencing and consultation skills. You have strong oral and written communication skills including presentation skills, strong critical thinking skills, strong organizational skills and the ability to multitask; and can manage multiple deadlines and competing priorities. You demonstrate competency in working effectively with diverse stakeholder groups and interact with all levels of management and staff.

1. Performs analysis of account and transactional information in the Verafin platform as well as filing applicable FINTRAC reports within applicable timelines.
2. Performs case management in the Verafin platform, including but not limited to creating, documenting, investigating, reporting, and closing cases, inclusive of enhanced due diligence as required.
3. Generates and submits regulatory reports on behalf of customers within the required timelines.
4. Provides compliance guidance and support in response to customer organization inquiries/requests including, but not limited to, application of Regulatory Compliance Management (RCM) framework; remediation planning; and compliance audit preparation. Support the preparation of non-AML regulatory reports and filings for approval and submission; inclusive of performance reports for customer organizations.
5. Supports the Manager, Compliance in the development of training content. Delivers training for relevant topics related to the overall AML and compliance function.
6. Serve as the subject matter expert on requirements pertaining to AML legislation - Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and on non-AML regulatory compliance - CASL, FACTA, PIPEDA, CRS and remediation.
7. Stay current on compliance and AML and Verafin related changes and developments in the financial services industry and assesses the potential impacts of these changes on compliance and AML-related services.

We provide a range of financial services, leadership, and advocacy to support credit unions and the communities we serve to grow well. Our credit unions proudly serve nearly 293,000 members and play a significant role in the Atlantic Canadian economy.

We are proud to be a Certified B CorporationTM joining a global movement of people using business as a force for good. We are committed to making business decisions that are in the best interests of our employees, credit unions and their members.

We are committed to providing a work environment that fosters inclusion, value and respect and reflects the diversity of the communities in which we live and serve. We encourage and welcome applications from traditionally underrepresented and equity-seeking groups. All qualified applicants will receive equal consideration; however, priority will be given to Canadian citizens and permanent residents. Should you require any accommodation during the recruitment process or otherwise, please notify us and we will work to meet your accessibility needs.