-Assist CACIB (Canada Branch) management in monitoring non-compliance risks for the bank to ensure that all operations are in compliance with applicable local regulations and Head Office Governance texts.

-Perform the role of Local Compliance Officer (CAMLO) in accordance with Head Office Governance texts, Canadian regulation, as well as Regulators (OSFI/FINTRAC) guidelines.

Responsibilities & Duties

-Assist management in the implementation of CACIB Canada’s compliance control organization (policies, procedures, systems & controls), including primarily in relation to financial security (prevent money laundering, combat terrorist financing, handle sanctions, as well as KYC & onboarding), to capital markets (fight against market abuse, compliance with principles of suitability and appropriateness), and to conflict management (compliance by staff with professional obligations, prevent conflicts of interest, compliance with information barriers).

-Day-to-day operations in line with regulatory/head office directives, i.e. providing advice, opinions & approvals, performing monitoring & controls on clients & transactions, NAP secretary.

-Point of contact for the bank’s banking & financial services regulators on compliance matters.   

-Contribute to ensuring effective and appropriate training & awareness activities in relation to financial security and other key compliance matters.

-Participating in relevant governance committees of the bank, and organizing of the Compliance Management Committee.

-     Act as Money Laundering Reporting Officer (“MLRO”) and more precisely:

o   Review daily operations for compliance with AML policies, procedures, systems and controls;

o   Act as the point of contact to receive notifications as per regulatory requirements;

o   Make Suspicious Activity Reports in accordance with relevant AML regulations;

o   Act as the point of contact within the entity in front of authorities regarding money laundering issues and responding promptly to requests for information made by such authorities;

o   Receive and acting upon any relevant findings, recommendations, guidance, directives, resolutions, sanctions, notices or other conclusions described in terms of local sanctions and international obligations;

o   Establish and maintain an appropriate money laundering training programme and adequate awareness arrangements as per regulatory requirements and internal policies on that matter.

Professional Relations

-Maintain internal relations with local Management, Compliance and Legal Department (Americas and Head Office), RPC (Americas), as well as Audit Department (Americas).

-Maintain external relations with Auditors, regulators and Legal Firms.

-Minimum 8 years of experience in a regulated environment (ideally in the corporate and investment bank sector within an international company), including at least 6+ years in an independent compliance function – though experience in compliance related positions or other control functions (e.g. Risk) may also be considered.

-Knowledge of the relevant laws and regulations on AML/CFT: principles of the fight against money laundering (normal/enhanced vigilance and cases of applications), organization at national and international level (FIU’s, suspicious transaction reporting, information exchange), scope (laundering, terrorism, tax evasion).

-Practical analysis of customer files and alerts from an AML/CFT perspective. Monitoring and Enhanced due diligence.

-Experience in issuing well-reasoned, concise and auditable opinions.

-Knowledge of the principles of international sanctions: types of programmes (embargos, asset freezes, sectoral sanctions), issuing bodies and scope.

-Experience in analysis of operations that raise international sanctions issues.

-Knowledge and experience of project management tools (governance, communication), understanding of project actors’ roles and responsibilities.

-Experience in dealing with regulatory authority’s inspections is essential. Experience in corresponding with the top management of an international bank is desirable.

-Knowledge of various regulations related to to the protection of personal information/data and of the framework to be implemented in consequence. Experience in issuing formal opinion in that field.

General skills:

-     Strong analytical and communication skills required as well as the ability to work autonomously and to cooperate/work effectively across all disciplines in the bank.

-     Knowledge of and experience in the main activities of investment and corporate banking services such as commercial financing, debt and equity capital markets, merger and acquisition services, derivatives and secondary markets in equity and FICC, structured finance.  

-     Knowledge of and experience in monitoring communications and transactions, identifying, analyzing and escalating misconduct and potential misconduct regarding market abuse using a wide range of monitoring and surveillance tools.

-     Knowledge of the main competition laws and understanding the main anti-competitive behaviors, risks and sanctions.