Manager, Aml Operations (Contract)

Wealthsimple is on a mission to help everyone achieve financial freedom, no matter who they are or how much they have. Using smart technology, Wealthsimple takes financial services that are often confusing, opaque and expensive and makes them simple, transparent, and low-cost.

Our team is reimagining what it means to manage your money. Smart, high-performing team members will challenge you to learn and grow every day. We value great work and great ideas — not ego. We're looking for talented people who love a fast-paced environment, and want to ship often and make an impact with groundbreaking ideas.

We’re a remote-first team and output is more important than face time, so where you choose to work is up to you — as long as you have internet access, you can work from anywhere in Canada. Be a part of our Canadian success story and help shape the financial future of millions — join us!

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At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know.

We are seeking a highly skilled Manager to lead our AML Operations team in building a world class Anti-Money Laundering (AML) Program. The team's primary responsibility is to identify and reduce the risks associated with money laundering and terrorist financing. As the AML/CTF subject matter expert, the Manager will be responsible for developing and scaling the AML Operations program, as well as building and managing a talented team. The ideal candidate will possess exceptional attention to detail, innovative thinking, resourcefulness, and the ability to apply a rational, research-oriented approach to their work.

In this role, you will:

• Ensure compliance with AML regulations and laws
• Collaborate with other departments to ensure AML compliance across the organization
• Keep up-to-date with changes in AML regulations and laws
• Provide regular reports to senior management on AML activities and risks
• Conduct risk assessments and identify potential money laundering activities
• Manage audit action plans and remediation projects
• Assist in the implementation and the ongoing enhancement of internal AML tools used to ensure compliance with AML requirements across all products
• Review suspicious transactions and report them to regulatory authorities
• Manage a team of AML analysts and investigators
• Provide training and guidance to staff on AML policies and procedures
• Develop and implement anti-money laundering (AML) policies and procedures

Skills we’re looking for:

• Experience working within the securities and/or payments industry
• 3+ years of experience in managing retail and/or corporate AML compliance programs and investigations
• Detail oriented with the ability to perform well in a high pressure, time-sensitive environment
• Ability to lead and manage a team of AML analysts and investigators
• Excellent communication and interpersonal skills
• Experience working with and amending transaction monitoring rulesets
• Certified Anti-Money Laundering Specialist (CAMS) designation
• Strong knowledge of AML regulations and laws, including The Canadian Proceeds of Crime (Money Laundering) Terrorist Financing Act, Canadian and UN Sanctions, The US Bank Secrecy Act, US PATRIOT Act, and OFAC
• Ability to adapt to changing AML regulations and law
• Ability to take ownership with a proactive, not reactive, approach
• Deeply analytical: understands the data required and can draw strong insights from data (experience with SQL is a plus!)
• Comfortable making complex risk-based decisions

Please note that this is a contract with the potential of extension. The end date is currently set for November 2024.