Manager, Aml Compliance - Waterloo, Canada - Sun Life

Sun Life

Verified Company

Waterloo, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self.

You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you.

Your leaders will inspire and help you reach your potential and soar to new heights.

Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

The Manager is responsible for the success of the team's mandate, and by extension, coaching and developing the Analysts to reach their full potential and their monitored performance metrics.

The role will track performance at the team and analyst level and report these to the Director and the Money Laundering Reporting Officer (MLRO).

The Manager also collaborates with and supports the Director, AML Compliance in driving continuous improvement initiatives, and rolling out related changes to the team through effective process and procedure documentation.

The Manager, AML Compliance role reports directly to the Director, AML Compliance, and collaborates and works closely with Business Unit Compliance Officers (BUCOs), the Money Laundering Reporting Officer (MLRO), the Chief Anti-Money Laundering Officer (CAMLO) and other Canadian and Corporate teams.

What will you do?

Manage the centralized AML/ATF program across all Canadian Business Units and functions, including maintenance of policies and procedures, monitoring performance of the program and resources, and completion of associated reporting
Manage internal and external regulatory reporting obligations, including Suspicious Transaction Reports (STR) and Electronic Fund Transfers (EFT)
Lead a team of analysts who perform the full spectrum of AML/ATF activities by managing and supporting the team in their daytoday activities and by providing effective coaching and development to team members in order to achieve a high performance culture with a continuous improvement mindset
Collaborate with the Regulatory Compliance Management & Policy team to review and assess AML/ATF regulatory developments and changes as part of the formal Regulatory Change Management process in Canadian Compliance.
Provide functional support to the Director with various initiatives and projects related to all aspects of the AML/ATF Compliance program

What do you need to succeed?

A minimum of 7+ years of progressive experience in regulatory compliance, with a passionate focus on AML/ATF compliance in the financial services industry
A minimum of 3+ years of direct people management experience, preferably leading a high volume production team, with strong results orientation
Sound coaching and performance management skills
In depth working knowledge of AML/ATF governing legislation, related regulations and guidelines, including PCMLTFA and related Regulations, Criminal Code of Canada, United Nations Act and related Resolutions / Regulations, SEMA, JVCFOA, OSFI B8, FINTRAC guidelines and international guidance and best practices such as FATF Recommendations and EU Directives
In depth understanding of money laundering and terrorist financing issues and current developments/techniques
Very strong analytical and problem solving skills, with the ability to influence change
University education preferably in law, finance or relevant advanced degree, and current AML/ATF certification (eg. CAMS)
Strong understanding of risk assessment methodology
Strong verbal and written communication, interpersonal and teamwork skills
Excellent attention to details with high level of accuracy
Experience in drafting policies and procedures
Strong understanding of STR process and regulatory requirements related to filing STR
Experience in performing Quality assurance in a high volume team environment
Ability to work effectively with persons at all levels of an organization
Strong work ethic, dedication and ambition to lead the team to deliver exceptional results
As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required
for Quebec only as the position reports to a unilingual Englishspeaking manager outside Quebec

What's in it for you?

Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making contributions
Flexible Benefits from the day you join to meet the needs of you and your family
We're honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Plac