AML Risk Manager
U.S. Bank
Toronto, Ontario
1d ago

Job Description

U.S. Bank Enterprise Financial Crimes Compliance (EFCC) RCA Professional will work closely with the Canada AML Officer (CAMLO) to ensure compliance with Canadian and US Anti-Money Laundering (AML) and Anti-terrorist Financing (ATF) laws and regulations, as well as enterprise AML policies.

The successful candidate will assist the CAMLO with the following roles and responsibilities :

  • Monitor and interpret changes to the Canadian AML laws and regulations
  • Draft, maintain and review Canada AML policy
  • Assist in examinations by internal / external auditors and by regulatory examiners
  • Assist in the development of training
  • Complete and / or assist in the completion of AML risk assessments
  • Provide oversight of business lines’ completion self-assessment of AML / ES controls Drive action against gaps identified through self-assessments (e.
  • g. no missed milestones action items without escalation)

  • Assist the CAMLO to provide oversight of AML control activity
  • Assist in the review of Business Line AML / ATF procedures to confirm alignment with policy requirements
  • Assist the Business Line to comply with Enterprise Financial Crimes Compliance Policies by providing interpretive guidance and oversight.
  • Work with other areas of Enterprise Financial Crimes Compliance to ensure continued sharing of knowledge and information
  • Provide oversight on the filing of regulatory reports to Canadian regulators
  • Maintain a high level of compliance awareness and knowledge to support the CAMLO effectively
  • Basic Qualifications

  • Bachelor's degree, or equivalent work experience
  • Five to seven years of applicable experience
  • Preferred Skills / Experience

  • Strong written and verbal communications skills
  • Advanced understanding of AML / ATF laws, regulations, financial services, and regulatory trends in Canada
  • Advanced understanding of corporate credit card products and services, commercial loans, merchant acquiring business and securities dealers’ products and services.
  • Able to handle difficult situations and manage relationships
  • Excellent time management and organizational skills. Able to work with minimal supervision. Adaptable to new workflow and changing environments.
  • Resourceful and self-reliant with strong analytical and problem-assessment and problems-solving skills.
  • Benefits :

  • We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security;
  • and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.

    Consistent with U.S. Bank's commitment to AODA best practices, if you require reasonable accommodation for any part of the application or hiring process due to a disability, you may submit your request through one of the methods listed below :

    Email : ; Phone : 416-640-2640 x617232; Mailing address : Attn. Human Resources Accessibility, Elavon Canada, 4576 Yonge Street, Toronto, ON, M2N 6N4

    These options are reserved for individuals who require accommodation due to a disability. Information received will be routed to a specialist who will provide assistance to ensure appropriate consideration in the application or hiring process.

    Please note that specialists will not have access to existing profiles in the database and will not be able to provide any application status updates.

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