Advisor, Compliance (AML) (1-year contract)

The Compliance Advisor (1-year contract) will report directly to the Director, Compliance (AML) and will assist business units, as requested, to ensure that appropriate policies are in place to effectively manage compliance risk and the Bank is in compliance with regulatory and legal requirements. Key Responsibilities & Accountabilities •    Filing SWIFT EFT (Electronic Fund Transfer) reporting•    Filing LCT (Large Cash Transaction) reporting•    Money Laundering/Fraud alert review and assessment (unusual/suspicious activity monitoring)•    Conduct initial case investigation of unusual/suspicious transaction activities•    Submit Fraud Report to CAFC•    Residential Mortgage (B-20) Customer Risk Review (for high-risk customers)•    Customer risk review and ongoing monitoring (other than high-risk)•    Monthly Branch AML Reports Review & provide feedback•    High-risk country related wire review prior to CAMLO approval•    Conduct KYC QA, WLF QA•    Managing and reporting Sanction list •    Submit monthly report to Parent Bank (O.R.S.C.A)•    Internal Procedures & Guidelines Review and management•    Project lead: System Development & Enhancement, Conduct UAT•    Communicate with the government agencies or law enforcement agencies as necessary•    Serve as Risk Officer and Deputy Audit Officer within Compliance Team•    Other duties and assignments, as required Job Requirements Education Requirements: Bachelor’s degree in business or legal studies; or equivalent is required Work Experience Requirements: 3-5 years of experience working in a banking industry or equivalent is required for this position (Control/monitoring function considered a significant asset) •    Previous experience in banking industry preferred•    Ability to interpret and operationalize regulatory requirements•    Ability to effectively research and analyze•    Strong attention to detail, problem-solving skills, and analytical skills•    Familiarity with Anti Money Laundering issues and transaction monitoring system is considered an asset•    Ability to effectively present findings and recommendations; recognize when matters require escalation to the management•    Effective and efficient communication skills in writing and verbal are essential Knowledge & Skills Knowledge of Administration processes, practices and proceduresRisk, compliance and audit mindset Adaptability & FlexibilityLearning mindset (Continuous learning)Collaboration & TeamworkEffective interactive communicationInitiativeInnovativenessInformation/ Data seekingAttention to detail and quality MS Office, Job related software