Senior Compliance Officer, Sanctions

The Core Responsibilities!

• Supports the Associate Director, AML EDD in the implementation, oversight and management of an effective sanctions program.
• Review high-risk transactions involving sanctioned jurisdictions or entities and provide guidance.
• Analyze and investigate escalated possible matches against sanctions lists.
• Perform sanctions screening on transactions, clients, and counterparties to identify potential compliance risks.
• Provide guidance to Business Units regarding sanctions risks and regulatory expectations.
• Develop and deliver training programs to educate employees on sanctions compliance.
• File relevant reports, such as Sanctions Evasion Reports and Listed Person or Entity Property Reports, to FINTRAC.
• Support the development and enhancement of sanctions compliance frameworks, policies, and procedures.
• Collaborate with various teams and departments to integrate sanctions compliance into all relevant business processes.
• Conduct periodic reviews of the Bank’s sanctions compliance program to identify potential weaknesses or vulnerabilities and develop mitigation plans.
• Manage and support special projects and ad hoc initiatives to enhance the sanctions compliance program.
• Stay up to date with changes in sanctions regulations, emerging trends, and best practices and assess their impact on the Bank’s operations.

Let's Talk About You!

• A bachelor’s degree in law, Finance, Business, or a related field.
• A minimum of three (3) years of experience in the Canadian financial services industry, with a focus on sanctions compliance, financial crime compliance, or regulatory compliance.
• Strong knowledge of Canada and international sanctions frameworks (e.g., OFAC, UN, EU, UK).
• Experience in transaction reviews, sanctions screening, and sanctions risk assessment.
• Familiarity with compliance screening tools such as World-Check.
• Excellent analytical, risk assessment and research skills for the purposes of reaching reasoned and sound conclusions with arguments that support the decision reached.
• Ability to successfully handle multiple competing priorities.
• Detail-oriented with strong time management skills to ensure timely completion of tasks.
• complex information clearly and concisely.
• Proficient in Microsoft Office (Word, Excel and PowerPoint).
• Relevant certifications, such as, Certified Global Sanctions Specialist (CGSS) and/or Certified Anti-Money Laundering Specialist (CAMS) are advantageous.
• Knowledge of French an asset.