Advisor, Compliance; AML

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

Shinhan Bank Canada (SHBC) is part of the global Shinhan Financial Group, one of South Korea's leading financial institutions. At SHBC, we provide a full range of financial services including everyday banking, mortgages and loans - delivered with deep local expertise and global insight.

Join a workplace where your contributions are valued and your professional development supported. At SHBC, you'll be part of a collaborative culture where every voice matters and your efforts directly impact the communities we serve.

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.

• 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

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 of Administration processes, practices and procedures
• Risk, compliance and audit mindset
• Adaptability & Flexibility
• Learning mindset (Continuous learning)
• Collaboration & Teamwork
• Effective interactive communication
• Initiative
• Innovativeness
• Information/ Data seeking
• Attention to detail and quality

MS Office, Job related software

At Shinhan Bank Canada, we are committed to creating and maintaining a diverse, inclusive and accessible workplace. We believe that a collaborative and diverse team strengthens our organization and reflects the communities we proudly serve. You will be supported and empowered to realize your full potential as we work together to shape the future of banking. Our recruitment process is designed to be fair and inclusive.

If you require accommodation at any stage of the hiring process, please let us know - we will work with you to meet your needs.

Only candidates selected for an interview will be contacted.