About this role
Manager, Business Risk Management, AML
Requisition ID: 265053
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Contributes to the success of the Wealth AML Controls team for Global Wealth Management by ensuring individual goals, plans, and initiatives are executed in support of first-line business strategies and objectives. Ensures all activities comply with governing regulations, internal policies, and procedures.
Is this role right for you? In this role, you will:
Client Focus
- Champion a client-focused culture to deepen relationships and leverage broader Bank and Wealth systems and knowledge.
Procedure and Control Development
- Support the development, implementation, and refinement of AML/ATF/Sanctions procedures, and controls for Global Wealth Management
- Assist in creating and executing action plans to address issues identified by Audit, testing, and MSIs related to AML/Sanctions first-line controls.
- Act as a key driver for AML/Sanctions initiatives alongside the Senior Manager.
- Act as a resource for AML/ATF/Sanctions and compliance-related inquiries from Wealth Management colleagues.
- Collaborate with partner groups (Global AML Operations, AML Risk, Canadian Banking AML) to adapt and implement enterprise-wide AML/Sanctions program for Global Wealth Management
Program Sustainability
- Educate and inform staff on AML/Sanctions policies, standards, and procedures in alignment with guidance from partner groups.
- Maintain awareness of legislative and regulatory changes, emerging trends, and industry best practices.
- Support policy and procedural changes to address deficiencies identified through reviews and audits.
- Provide input on the effectiveness of existing policies and recommend improvements.
- Coordinate AML/Sanctions efforts with other Bank departments.
- Ensure implementation of new AML requirements within the first line as mandated by the Bank or regulators.
- Monitor business activities for adherence to policies and escalate issues as appropriate.
- Provide advice on new initiatives, products, and services to ensure AML risk