Associate Manager AML/ATF Compliance
London Life Miguel
Toronto, ON, CA
6d ago

Our Story

We are proud to announce that Canada Life will become our company brand under which our three companies service Great West Life, London Life, and Canada Life.

Together, Great-West Life, London Life and Canada Life have been in the business of keeping promises for over a century.

The new Canada Life brand combines the strengths of all three so we can better deliver on our purpose : To improve the financial, physical and mental well-being of Canadians.

We are excited about this journey. To find out more about our story, click here

Role Description

Given the scope of this role, the position may be available in either London, Toronto, or Winnipeg.

Accountabilities :

  • Providing AML / ATF expertise to all lines of business within the organization;
  • Supporting the management of AML / ATF screening controls by overseeing staff, systems and processes as required to meet legislative and regulatory requirements pertaining to sanctions, terrorists and politically exposed persons;
  • Reviewing and enhancing controls to identify AML / ATF risks or confirm practices in our companies in response to internal or external issues, new laws, or regulatory positions and guidelines;
  • Reviewing and enhancing processes used to identify, assess and report suspicious transactions, suspicious attempted transactions, large cash transactions and other reportable matters pursuant to legislative and regulatory requirements;
  • Participating in regulatory update reviews and provide constructive input into emerging rules and regulations by researching legislation and policy interpretations to proactively provide appropriate guidance to internal business units on potential impacts;
  • Supporting the Manager, Corporate Compliance by identifying issues and opportunities for enhancement to AML / ATF methodologies, policies and procedures and recommending changes or new practices;
  • Providing AML expertise as a consultant, reviewing or actively participating in projects with IS and business teams where new initiatives or systems / processes are being considered or implemented;
  • Updating the GRC System to include any applicable changes in AML laws and supporting communication to affected business units;
  • Supporting the annual self-assessment of AML / ATF controls used in corporate operations, reporting on results and recommending actions to be undertaken to address any gaps identified;
  • Supporting board and regulatory reporting related to AML / ATF activities, including the preparation of an annual report on AML / ATF activities across the enterprise;
  • Supporting the development, implementation and maintenance of an inherent risk assessment process for the identification of money laundering / terrorist financing risks;
  • Supporting the development of documentation and maintenance of AML / ATF and sanctions training programs and procedures;
  • Oversee and manage annual compliance attestations.
  • Qualifications and Competencies :

  • University education in law, finance or other relevant degree. Current AML / ATF certification (e.g., CAMS) is an asset;
  • Progressive experience demonstrating expertise as an AML / ATF professional and leader able to oversee the development and performance of AML / ATF professionals;
  • Demonstrated ability to understand regulatory requirements and apply that knowledge to enhance methodologies, processes, and controls within the insurance or financial industry;
  • Experience demonstrating a strong ability to collaborate with internal and external stakeholders building successful professional relationships and networks;
  • A demonstrated ability to effectively self-manage, prioritize, stay organized and use technology as a productivity tool;
  • Previous responsibility and success in effective decision making;
  • Strong ability to communicate effectively, both in writing and verbally, demonstrating adaptability to needs of a specific audience (entry level to senior management);
  • A desire to constantly learn, adapt to change and help others adapt to change.
  • Discover your opportunity . Apply today!

    Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities.

    If you’d like to join our team submit your information online and introduce yourself.

    Together Great-West Life, London Life and Canada Life serve the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States.

    As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings.

    We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

    We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

    We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

    Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.

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