Description
">About this opportunity
At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.
The Anti-Money Laundering (“AML”) Program Team is responsible for the design and execution of Meridian’s AML Compliance Program (the “Program”), comprising of money laundering, terrorist financing, and sanctions evasion-related risk and compliance requirements.
This role, reporting to the Manager, AML Program, will use their subject matter expertise to provide insights to aid in the development and delivery of an effective and compliant Program, in line with policy, risk appetite, and informed by an understanding of industry best-practices. The role must demonstrate sound problem-solving, analysis, communication, and critical thinking skills as it will work with, educate, and influence enterprise stakeholders with differing areas of expertise.
This role will support the development and implementation of controls, policies and procedures, strategies, scorecards, monitoring and guidance for the Program.
This role will represent the AML Program Team on complex enterprise initiatives and will participate and lead internal team initiatives to develop and enhance the Program.
The ideal candidate blends regulatory knowledge with strong project delivery and process design skills, translating requirements into effective and auditable program capabilities.
Key Responsibilities
AML Program
- Identify enhancements to detection systems and strategies, coordinate implementation with business and technology partners, and perform post-implementation tracking.
- Lead content development and maintenance of appropriate training programs.
- Support as required to execute on the annual plan and achieve department goals and key performance indicators.
- Support preparation for FINTRAC compliance examinations or internal compliance reviews and the development of appropriate responses to findings and related recommendations.
- Lead AML Compliance’s Regulatory Compliance Management (“RCM”) and Risk and Control Self-Assessment (“RCSA”) programs, supporting issues management and corrective action plans.
- Lead the maintenance of Meridian’s evergreen AML Issues Management Program.
- Lead preparation of materials for management and governance reporting and regulatory exams.
- Provide consultation services to enterprise partners to respond to, or proactively identify, opportunities to enhance controls.
- Interpret complex regulations and regulatory guidance and translate into functional program requirements.
- Participate in industry working groups (e.g. Canadian Credit Union Association, Canadian Bank Association, etc.).
- Work with vendors and internal partners to support the implementation of new tools and systems, including data requirements and mapping, documenting business requirements,
- Gather, assess, research, analyze, and document business requirements needed for system modifications, enhancements, and implementations. Collaborate on solution design and support user acceptance testing (“UAT”) and operational readiness.
- Together with team members, identify and assess technological solutions to advance the program; determine best mix of internal development, interfacing applications, and third-party vendor solutions to meet business objectives.
- Act as the owner of AML Compliance’s vendor relationships; manage, evaluate, and hold vendors accountable to meet Meridian’s requirements and expectations.
Enterprise Projects
- Represent the Program on complex enterprise initiatives, acting as the key point of contact across enterprise projects.
- Make decisions autonomously and handle questions from project stakeholders with minimal direction.
- Support the development and testing of business requirements within projects so that AML risks and requirements are adequately met.
- Provide research and insight into industry AML compliance practices, document them, and present key findings to stakeholders.
- Identify areas of money laundering, terrorist financing, and sanctions evasion risk within projects and initiatives, and work…
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search: