Senior Manager, AML & Regulatory Compliance

This is a fully remote position, open to applicants in Canada.

📋 Description

• Act as Coastal Community’s Chief Anti-Money Laundering Officer (CAMLO)

• Offer independent regulatory guidance, effectively challenge, and escalate significant compliance issues

• Direct the AML/ATF Compliance Program, which includes sanctions, FATCA, and CRS compliance

• Evaluate program effectiveness, identify emerging risks, and stay abreast of regulatory changes

• Ensure that policies, procedures, controls, and training are up-to-date

• Spearhead the development and continuous operation of the enterprise Regulatory Compliance Management (RCM) Program

• Oversee the inventory of regulatory obligations, the accountability framework, compliance methodology, and reporting

• Manage regulatory reporting, decisions regarding suspicious transaction filings, risk-based monitoring and testing, remediation, and regulatory or independent reviews

• Communicate significant matters to senior management and Board committees

• Mentor, coach, and develop team members

• Provide advice on emerging risks and organizational changes

• Drive strategic improvements while keeping senior management and the Board updated on significant matters

⛳️ Requirements

• Bachelor’s degree in business, finance, or a related discipline is required; a Master’s degree is preferred

• Holder of an accredited AML/ATF certification or designation

• Minimum of seven years in progressive financial services or a related field, including five years in a leadership position

• In-depth understanding of financial institution operations, the PCMLTFA and its regulations, FINTRAC guidance, FATCA, CRS, and the Three Lines of Defense model

• Experience in overseeing an AML/ATF Compliance Program, which includes risk assessment, regulatory reporting, training, monitoring, effectiveness reviews, and decisions regarding suspicious transaction filings

• Proven ability to interpret regulatory requirements and convert them into practical policies, procedures, and controls

• Experience collaborating with regulators, auditors, and independent reviewers

• Experience in preparing clear reports for senior management and Board committees

• Demonstrated leadership, project management, research, analytical, and stakeholder communication skills

🏝️ Benefits

• Comprehensive total rewards package

• Work/life balance

• Extensive extended benefits package

• 11.75% employer-paid RRSP contribution

• Investment in education and training

• Banking perks

• Workplace culture focused on diversity, equality, inclusion, and belonging