Compliance Specialist- Canada - North Vancouver, Canada - Accord Financial Corporation

Accord Financial Corporation

Verified Company

North Vancouver, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Summary:

The Compliance Specialist is accountable for reviewing documentation for new and pre -existing accounts to ensure that they are compliant with the procedural requirements.

This includes evaluating low, medium and high-risk accounts.

Essential Duties and Responsibilities:

Strongly adhere to existing procedures and controls in place and proactively react when foreseeing issues; ensure that checklist, job aids and system changes are updated and followed
Perform ongoing AML/KYC reviews of the register in line with EDC regulatory requirements
Ensure all accounts adhere to internal KYC and AML policy
Ensuring strict adherence to internal rules, policies and procedures
Ability to learn and use specialty compliance software, accurately compile compliance data, and leverage tool(s) to produce output for management, including executing an established report generation and routing schedule.
Conduct testing to identify discrepancies between established compliance requirements and rules and customer, compliance department, and data file records to ensure compliance procedures are being executed in a timely manner, are complete, and accurate. Create management reports/dashboards to document outcomes of testing.
Assist in the compilation and maintenance of compliance documentation and records, including but not limited to: department policies and procedures, AML activity data and statistics, and AML Program governance documentation
Make timely responses to all inquiries for compliance assistance and/or rule interruption.
Assists with researching regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, system, and manual processes.
Assists with the identification and assessment of compliance program risks and controls.
Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance.
Assists with the preparation of status reports of program initiatives, activities, and compliance issues to management and committees.
Review and manage documentation, contracts, processes, and practices to ensure technical and legal compliance.
Monitor compliance and facilitate interventions to manage risks.
Perform compliance audits and compile reports.
Document compliancerelated processes and maintain records.

Leadership Competencies:

Results Oriented

Two-way Communication

Building Relationships

Critical Thinking and Decision Making

Adaptability and Change Leadership

Technical/Functional Expertise

Education / Experience Requirements:

College degree or equivalent.
24 years' experience in related field
Excellent interpersonal and communication skills
Very strong ability to organize and prioritize work.
Team Player, able to work in a team environment with shared goals and accountabilities
Highly degree of attention to detail to ensure 100% accuracy on all transactions
Strong research / information gathering / analytical and problemsolving skills takes a logical approach to analyzing problems.
Highly proficient in the use of Microsoft Applications (Word, Excel, PowerPoint, SharePoint).
Ability to learn new specialty software.
Strong organizational and data management skills.
Excellent verbal and written communication skills required.
Independent problemsolving and selfdirected.

Experience:
Preferred