Lead Advisor, Pcmltf - Montréal, Canada - Banque Laurentienne

Banque Laurentienne

Verified Company

Montréal, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Montreal- Risk managementFull Time February 2024
Laurentian Bank. Seeing beyond numbers

Building a better and different financial institution
Financial Benefits

Working Environment

Commuting and Travelling

Food and Drinks

Nice to have

Financial Benefits

Pension plan

Group Insurance

Stock purchase program

Mortgage, Line of Credit, Personal Loan, low interest rates

Incentive compensation

Seeing beyond numbers
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.

LI-Hybrid

LI-MM- The Anti-Money Laundering and Terrorist Financing (AMLTF) Compliance Advisory team reports to the Assistant Vice President, AMLTF Compliance, and provides compliance leadership and AMLTF expertise throughout the organization, by ensuring sound governance and oversight regarding the implementation and effectiveness of the enterprise-wide AMLTF Program.

Responsibilities

Program Management and Governance:

Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions in regard to AML/ATF related risks.
Monitor and identify the AMLTF regulatory changes to maintain awareness of regulatory requirements which are applicable to the relevant LOB/Sectors, deliver guidance to the LOB/Sectors in respect of such regulatory changes and provide effective challenge during the implementation of relevant controls to comply with such regulatory changes (including those being implemented by initiative(s)).
Leads the development and deployment of corporate policies and procedures, and those specific to the business units, with regard to AML/ATF.
Act as a liaison regarding the identification of issues or incidents arising in the relevant LOB/Sectors, monitor the progress of any remediation measures and assess the adequacy and timeliness of such remediation measures.
Assist with inquiries resulting from the effectiveness review, audit or examination of the AMLTF Program, including any AMLTF testing activities impacting the relevant LOB/Sectors or the Designated AMLTF Program Areas.
Support and exercise oversight over key processes and procedures within the Designated LOB/Sectors to identify, risk assess, communicate, effectively manage and mitigate AMLTF regulatory compliance and money laundering/terrorist financing (MLTF) risks within the LOB/Sectors.
Assess AMLTF regulatory compliance, effectiveness of quality assurance/testing activities and sound management of MLTF risks within the Designated LOB/sectors, and perform effective challenge on the adequacy of key controls.
Work collaboratively with stakeholders to formulate recommendations on best practices to improve compliance procedures and work processes.
Collaborate closely with the Regulatory Compliance Program team as an integrator in prioritized and strategic initiatives and in the performance of the MLTF Risk Assessment and in the aggregation of data as required various regulatory compliance reports for management and regulatory authorities, including the quarterly consolidated CAMLO reports.
Develop and maintain effective and collaborative working relationships with the Regulatory Compliance teams, the lines of business, Internal Audit, other risk corporate functions, senior management and stakeholders.

Qualifications

University degree in a relevant field, combined with a minimum of five years of relevant experience in AMLTF Compliance or Risk Management within the banking industry
Sound knowledge of AMLTF regulatory requirements, including the assessment of money laundering and terrorist financing risks
Knowledge related to the measures applicable for compliance with international economic sanctions
Ability and comfort in dealing with all levels of staff within the Bank, as well as with regulators
Work experience involving multidisciplinary teams and executives
Ability to reconcile opposing points of views, provide constructive and collaborative challenge and propose appropriate solutions
Ability to work independently, with guidance in only the most complex situations, think critically and make decisions
Excellent writing and spoken communication details
Strong background in report writing and attention to detail
Strong knowledge of English, spoken and written. Good knowledge of French (spoken and written) is an asset
Good working knowledge of Microsoft software (Word, Excel, and PowerPoint)
Experience in preparing and drafting reports for management
Strong analytical and synthesis