Job Summary:

We are seeking an experienced AML (Anti-Money Laundering) Supervisor/Manager to lead a dedicated team at a leading financial institution in Downtown Toronto. This position requires a strong leader with deep expertise in AML and regulatory compliance, exceptional people management skills, and the ability to foster collaboration in a fast-paced, results-oriented environment. In this long-term contract position, the supervisor will be responsible for overseeing all AML processes, ensuring compliance with applicable regulations, and driving team performance to deliver critical business objectives.

Responsibilities:

1. Team Leadership and Management

• Lead, mentor, and coach a team of AML analysts and specialists to meet organizational goals and maintain high standards of performance.
• Conduct regular one-on-one meetings and team huddles to foster a collaborative and results-driven environment.
• Delegate day-to-day tasks effectively and monitor team performance to ensure adherence to SLAs and KPIs.

1. AML Compliance Oversight

• Manage the end-to-end process of detecting, investigating, and reporting suspicious activities in compliance with FINTRAC regulations and internal policies.
• Monitor and enhance AML/CTF (Counter-Terrorism Financing) processes, ensuring compliance with local and international guidelines.
• Serve as a key point of escalation for complex investigations and decision-making regarding high-risk transactions.

1. Operational Excellence

• Ensure the effective allocation of resources to meet deadlines and project requirements.
• Monitor daily workflows and adjust staffing as required to meet operational demands.
• Prepare detailed reports for senior management regarding AML program performance and identified risks.

1. Stakeholder Communication

• Collaborate with internal teams, including Risk, Compliance, and Legal, to address evolving regulatory requirements.
• Build and maintain relationships with external stakeholders such as regulatory bodies and auditors.

1. Continuous Improvement

• Identify areas for process improvement and implement innovative AML solutions to increase efficiency.
• Keep up with industry trends, emerging risks, and best practices to enhance team capabilities.
• Provide recommendations for system upgrades or enhancements to ensure compliance.

Qualifications:

Education:

• Bachelor’s degree in Finance, Business Administration, Criminology, or a related field.
• ACAMS (Certified Anti-Money Laundering Specialist) designation or equivalent is an asset.

Experience:

• A minimum of 5 years of experience in AML compliance within the financial services industry, including 2+ years in a leadership role.
• Proven expertise in AML/CTF investigations, transaction monitoring, due diligence, and regulatory reporting.

Skills and Competencies:

• Strong knowledge of Canadian AML regulations (FINTRAC) and global AML guidelines (e.g., FATF).
• Excellent leadership skills with the ability to motivate and manage high-performing teams.
• Outstanding analytical, decision-making, and problem-solving abilities.
• Strong communication and stakeholder management skills.
• Proficiency in AML systems and tools, such as transaction monitoring or case management platforms.

Work Environment:

• This position requires 5 days per week in-office at a Downtown Toronto location.
• The role offers a dynamic and collaborative work atmosphere, with opportunities to contribute to critical compliance initiatives.