Chief Anti-Money Laundering Officer

Our client is a global bank who are in search for a Chief AML Officer to join their Regulatory risk management team. Incumbent will be responsible for end to end oversight of the AML program and will report to the CCO.
Based out of their headoffice down-town you will be responsible for -
Develop, implement and execute AML/ATF business plans, framework, and roadmaps to ensure that the company attains its short and long-term growth objectives;
Initiate, develop and recommend policy and procedural changes to maintain regulatory compliance and address any identified deficiencies based on Compliance/AML reviews, including internal and external audit reviews that will facilitate the Bank’s ongoing compliance program;
Ensure effective implementation of new or changing Compliance/AML/ATF requirements initiated within the Bank, or as required by legislation or regulators by liaising and coordinating efforts with other Bank departments;
Manage day-to-day AML/ATF policies, operations, procedures, manuals and AML/ATF team;
Maintain and monitor the effectiveness of the Bank’s Compliance/AML programs and standards by developing and implementing compliance testing programs, reviewing internal controls to determine areas of improvement and identifying gaps and ensuring that these are properly addressed;
Research legal and regulatory changes and issues related to AML/ATF/Sanctions and work with all departments to address these in accordance with regulations and laws;
Ensure reporting obligations to OSFI and FINTRAC are accurately completed and in a timely manner as well as assist regulators in making available key information to them as required;
Provide periodic updates to the CCO and Senior Management regarding the operation of AML/ATF programs, regulatory compliance and reports to the relevant Board committees on a quarterly basis;
Develop AML/ATF-related training curriculum, update accordingly, and deliver ongoing training programs for employees and management, covering key applicable legal/regulatory requirements;
Requirements

• 5 years managing employees, either directly or indirectly; and
• 7 years in a leadership position at an OSFI regulated financial institution or regulatory body;
• Post-secondary degree in a related field (e.g. Finance, Business, etc.);
• Knowledge and experience with OSFI and FINTRAC reporting requirements;
• Deep knowledge and understanding of Compliance/AML/ATF methodologies and programs as well as regulatory risk management;
• Recognized professional ACAMS certifications is preferrEd