AML Sanctions Advisor - AML Canada
About the position
In an individual contributor role and advisor on AML and Sanctions Program subject matter specialties, the AML Sanctions Advisor communicates effective enterprise-wide and business unit compliance program requirements and implications to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT, and Sanctions Program. The activities aim to prevent or identify illegal, unethical, or improper business practices. The advisor provides AML and Sanctions advice and critical challenge to senior staff, lines of business, and operational execution areas, demonstrating the ability to constructively challenge conclusions and credibly influence customers. The advisor is responsible for updating Compliance policies and procedures as needed, ensuring that Compliance Manuals, Front Office Manuals, policies, and procedures accurately reflect current laws, rules, other regulatory requirements, and management intent. They coordinate regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies, and independently challenge analyses, reviews, and recommendations. Additionally, the advisor identifies and helps to define the enterprise-wide AML and Sanctions program objectives for assigned lines of business, products/services, and operational execution areas that may execute program components to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT, and Sanctions Program. They serve as an AML and Sanctions subject matter specialist regarding the impact on Program design and execution, communicating and socializing those objectives to the business or operational execution points. The advisor may lead or coordinate AML and Sanctions Program monitoring reviews. The role involves reviewing AML and Sanctions compliance reports and related customer risk profiles, identifying issues, escalating through proper governance channels as needed, and recommending corrective action plans. The advisor reviews and analyzes assessments of AML and Sanctions risk and internal controls, analyzes regulatory developments, advises business management of proposed rule changes, and provides recommendations. They assist in updating or implementing new/enhanced processes to ensure timely and effective compliance with new regulatory requirements. Supporting key business initiatives, the advisor identifies AML and Sanctions risks and provides resolutions to manage these risks. They provide advice and may participate as subject matter specialists in developing and/or conducting AML and Sanctions training programs for specific employees. The advisor serves as an AML and Sanctions Program subject matter resource regarding compliance impact on overall business activities, product development, and customer activities, working cooperatively with the business, legal partners, audit, and other risk disciplines across the organization.
Responsibilities
Communicate effective enterprise-wide and business unit compliance program requirements and implications.
,
Provide AML and Sanctions advice and critical challenge to senior staff and operational execution areas.
,
Update Compliance policies and procedures as needed.
,
Coordinate regulatory examinations and inquiries, including interviews and information requests from regulatory agencies.
,
Identify and help define the enterprise-wide AML and Sanctions program objectives for assigned lines of business.
,
Serve as an AML and Sanctions subject matter specialist regarding impact on Program design and execution.
,
Review AML and Sanctions compliance reports and related customer risk profiles.
,
Identify issues and recommend corrective action plans.
,
Analyze regulatory developments and advise business management of proposed rule changes.
,
Support key business initiatives by identifying AML and Sanctions risks and providing resolutions.
Requirements
University/college degree with 5+ years of industry-relevant experience.
,
Knowledge of AML and Sanctions policies and procedures.
,
Experience in compliance reporting and risk assessments.
,
Strong decision-making skills and understanding of regulatory requirements.
Nice-to-haves
Compliance Reporting
,
Customer Risk
,
Decision Making
,
Regulatory Requirements
,
Risk Assessments
,
Risk Control
,
Strategic Objectives
Benefits
Medical/prescription drug coverage with a Health Savings Account feature
,
Dental and vision options
,
Employee and spouse/child life insurance
,
Short and long-term disability protection
,
401(k) with PNC match
,
Pension and stock purchase plans
,
Dependent care reimbursement account
,
Back-up child/elder care
,
Adoption, surrogacy, and doula reimbursement
,
Educational assistance, including select programs fully paid
,
Robust wellness program with financial incentives
,
Paid maternity and/or parental leave
,
Up to 11 paid holidays each year
,
8 occasional absence days each year
,
15 to 25 vacation days each year depending on career level and years of service
Apply Now
In an individual contributor role and advisor on AML and Sanctions Program subject matter specialties, the AML Sanctions Advisor communicates effective enterprise-wide and business unit compliance program requirements and implications to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT, and Sanctions Program. The activities aim to prevent or identify illegal, unethical, or improper business practices. The advisor provides AML and Sanctions advice and critical challenge to senior staff, lines of business, and operational execution areas, demonstrating the ability to constructively challenge conclusions and credibly influence customers. The advisor is responsible for updating Compliance policies and procedures as needed, ensuring that Compliance Manuals, Front Office Manuals, policies, and procedures accurately reflect current laws, rules, other regulatory requirements, and management intent. They coordinate regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies, and independently challenge analyses, reviews, and recommendations. Additionally, the advisor identifies and helps to define the enterprise-wide AML and Sanctions program objectives for assigned lines of business, products/services, and operational execution areas that may execute program components to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT, and Sanctions Program. They serve as an AML and Sanctions subject matter specialist regarding the impact on Program design and execution, communicating and socializing those objectives to the business or operational execution points. The advisor may lead or coordinate AML and Sanctions Program monitoring reviews. The role involves reviewing AML and Sanctions compliance reports and related customer risk profiles, identifying issues, escalating through proper governance channels as needed, and recommending corrective action plans. The advisor reviews and analyzes assessments of AML and Sanctions risk and internal controls, analyzes regulatory developments, advises business management of proposed rule changes, and provides recommendations. They assist in updating or implementing new/enhanced processes to ensure timely and effective compliance with new regulatory requirements. Supporting key business initiatives, the advisor identifies AML and Sanctions risks and provides resolutions to manage these risks. They provide advice and may participate as subject matter specialists in developing and/or conducting AML and Sanctions training programs for specific employees. The advisor serves as an AML and Sanctions Program subject matter resource regarding compliance impact on overall business activities, product development, and customer activities, working cooperatively with the business, legal partners, audit, and other risk disciplines across the organization.
Responsibilities
Communicate effective enterprise-wide and business unit compliance program requirements and implications.
,
Provide AML and Sanctions advice and critical challenge to senior staff and operational execution areas.
,
Update Compliance policies and procedures as needed.
,
Coordinate regulatory examinations and inquiries, including interviews and information requests from regulatory agencies.
,
Identify and help define the enterprise-wide AML and Sanctions program objectives for assigned lines of business.
,
Serve as an AML and Sanctions subject matter specialist regarding impact on Program design and execution.
,
Review AML and Sanctions compliance reports and related customer risk profiles.
,
Identify issues and recommend corrective action plans.
,
Analyze regulatory developments and advise business management of proposed rule changes.
,
Support key business initiatives by identifying AML and Sanctions risks and providing resolutions.
Requirements
University/college degree with 5+ years of industry-relevant experience.
,
Knowledge of AML and Sanctions policies and procedures.
,
Experience in compliance reporting and risk assessments.
,
Strong decision-making skills and understanding of regulatory requirements.
Nice-to-haves
Compliance Reporting
,
Customer Risk
,
Decision Making
,
Regulatory Requirements
,
Risk Assessments
,
Risk Control
,
Strategic Objectives
Benefits
Medical/prescription drug coverage with a Health Savings Account feature
,
Dental and vision options
,
Employee and spouse/child life insurance
,
Short and long-term disability protection
,
401(k) with PNC match
,
Pension and stock purchase plans
,
Dependent care reimbursement account
,
Back-up child/elder care
,
Adoption, surrogacy, and doula reimbursement
,
Educational assistance, including select programs fully paid
,
Robust wellness program with financial incentives
,
Paid maternity and/or parental leave
,
Up to 11 paid holidays each year
,
8 occasional absence days each year
,
15 to 25 vacation days each year depending on career level and years of service
Apply Now