AML Operations Team Lead

Job Title:

AML Operations Team Lead

Location:

Markham, ON Job Type: Full-time, Permanent Job Summary

Bank of China (Canada) is seeking an experienced AML professional to lead the AML Operations Unit (AOU). This role is responsible for overseeing name screening, sanctions review, EFTR and LCTR reporting
, and ensuring operational compliance with AML/ATF regulatory requirements
, including FINTRAC obligations.

The successful candidate will provide hands‑on technical oversight
, manage daily operations, conduct quality assurance, and promote a strong AML compliance culture across the Bank.

• Lead and oversee daily operations of the AML Operations Unit (AOU)
• Perform and approve name screening reviews
  , including rescreening and whitelist cases
• Review and elevate cases to the Governance & Advisory Unit (GAU) when required
• Conduct and oversee quality assurance for Dow Jones list updates, EFTR (Electronic Funds Transfer Reports), LCTR (Large Cash Transaction Reports), and released screening cases
• Review Politically Exposed Person (PEP) wire transfers exceeding $100,000
• Perform SWIFT name screening review and approval
• Prepare and submit unusual transaction monitoring reports for review prior to CAMLO submission
• Oversee monthly ongoing review batch uploads for A–C risk rated clients
• Respond to BOC NY sample testing requests
• Review and address FINTRAC bulletins and Federal Government regulatory updates
• Monitor compliance with AML/ATF policies, sanctions requirements, privacy, record‑keeping, and business continuity standards
• Support development and enhancement of AOU policies, procedures, and screening systems
• Provide coaching, mentorship, and performance oversight to AOU team members
• Assist the AML Centre Head with internal management reporting and regulatory readiness
• Promote and foster a culture of AML compliance and operational integrity

• 5+ years of experience in AML operations, sanctions screening, or transaction monitoring within a financial institution
• Strong hands‑on experience with Name screening systems, EFTR and LCTR reporting, FINTRAC regulatory framework, sanctions compliance and PEP reviews
• Experience conducting quality assurance and regulatory reporting validation
• Proven ability to lead or supervise AML operations teams
• Strong understanding of Canadian AML/ATF legislation and reporting obligations
• Excellent analytical and investigative skills
• Advanced Excel proficiency and strong system literacy
• Strong written communication and reporting skills
• Professional certifications such as CAMs or related compliance designations are considered an asset.

Bank of China (Canada) is committed to fostering an inclusive workplace where diversity is valued. We encourage qualified candidates from all backgrounds to apply. Please note that only candidates selected for further consideration will be contacted.

Bank of China (Canada) is committed to providing accommodations throughout the recruitment process. If you require any accommodations, please contact the HR team, and we will be happy to assist.