Advisor, Compliance
City : Montreal
Category : Full Time
Industry : Financial Services
Employer : Laurentian Bank
Seeing beyond numbersTM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank.
The Senior Advisor, Compliance, AML/ATF, is responsible for ensuring the implementation of anti-money laundering and anti-terrorist financing (AML/ATF) activities in the commercial banking business unit and assisting the CAML/ATF support office in his or her duties.
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank.
The Senior Advisor, Compliance, AML/ATF, is responsible for ensuring the implementation of anti-money laundering and anti-terrorist financing (AML/ATF) activities in the commercial banking business unit and assisting the CAML/ATF support office in his or her duties.
Responsibilities
- Know and understand the AML/ATF regulations and be able to apply them in a banking environment.
- Promote compliance with AML/ATF standards and the importance of preventing, detecting and deterring money laundering and terrorism financing.
- Participate in the development, deployment and progress of oversight and governance activities required to ensure sound risk management and run operations in compliance with AML/ATF standards within the business unit.
- Carry out the required follow-ups and analyses involved in the monitoring of negative media and ongoing controls, including increased due diligence.
- Serve as an AML/ATF expert, providing expertise and advice for the team's activities.
- Assess training needs and provide a continuing education program on the standards applicable to the business units.
- Organize training and/or coaching sessions for the unit and business lines.
- Contribute to the assessment of segment risk related to AML/ATF, as well as the continuous improvement of practices.
- Integrate the AML/ATF policy into the business unit procedures.
- Participate in implementing and/or monitoring of action plans to remedy non-compliant situations.
- Prepare AML/ATF reporting.
- Draft various reports, analyses and procedures.
- Escalate important AML/ATF files to the CAML/ATF support office.
- Collaborate on a regular basis with the CAML/ATF support office, the Financial Crime business unit and the Internal Audit department.
- As required, interact with regulatory authorities.
- Perform all tasks of a similar or general nature requested by his or her superior or required for the job.
Qualifications
- Bachelor's degree in a relevant field
- Six to eight years of relevant experience, including a minimum of five years in anti-money laundering
- Bilingualism*, English and French (written/spoken), essential
- Experience in banking
- Ability to work in a fast-paced environment
- Excellent spoken and written communication skills
Assets
- Certified Anti-Money Laundering Specialist (CAMS)
- In-depth knowledge of commercial products
*Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
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