Senior Compliance Analyst (Hybrid) - 12 Month Term

Central 1 • Vancouver, BC

6d • Hybrid

About The Position

Central 1 is hiring a Senior Compliance Analyst to lead key compliance efforts in areas like AML/CTF, Privacy, and Anti-Bribery and Corruption. This role focuses on research, analysis, and oversight to mitigate risks and align compliance activities with corporate goals. Join us to promote a strong culture of compliance and drive organizational success! We are looking for BC based candidates.

Requirements

• University degree in a relevant field.
• 5-7 years of experience in compliance and/or risk management.
• Hands-on experience with compliance risk assessments, risk management, monitoring, reporting, and developing policies, standards, and procedures.
• Strong understanding of compliance risks in credit unions, insurance, investments, and broader financial services.
• Experience implementing or supporting compliance risk assessment methods tailored to different business areas, including applying controls to reduce risks.
• Broad exposure to various compliance areas within credit unions and financial services.
• Familiarity with incident management, audit remediation, and issue tracking systems.
• Deep understanding of trends in the financial industry, credit union systems, and regulatory frameworks.
• Outstanding interpersonal skills with the ability to build relationships at all organizational levels.
• Excellent analytical and problem-solving skills with a sharp eye for detail.
• Ability to navigate ambiguity, prioritize effectively, and work under pressure.
• Strong written and verbal communication skills, capable of simplifying complex compliance topics for different audiences.
• Self-motivated, collaborative, and a team player.
• Committed to ongoing learning to stay current in the field.
• Proven ability to manage cross-functional relationships in dynamic, high-demand environments.

Nice To Haves

• Prior experience in the credit union system or with a financial services organization serving credit unions is a strong asset.
• One or more of the following certifications: CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), CRM (Certified Risk Manager)

Responsibilities

• Support the ongoing improvement and daily operations of the compliance risk management framework.
• Create and review regular and annual risk assessments.
• Provide subject matter expertise on compliance and AML/CTF matters to internal business lines.
• Review compliance documents (e.g., policies, standards, procedures) to ensure strong governance and internal controls.
• Stay up-to-date on compliance requirements, including laws, regulations, financial trends, and best practices, both locally and internationally.
• Collaborate with other departments to help design and implement risk management controls for compliance.
• Assist with internal communications, awareness campaigns, and training to promote a strong compliance culture.
• Conduct due diligence to identify and report suspicious activities, such as money laundering, terrorism financing, or sanctions violations.
• Meet Central 1’s service and quality goals by ensuring timely and effective communication.
• Help prepare reports for executives and board members to support business decisions.
• Manage the compliance inbox and address inquiries, including: Commercial lending AML reviews, enhanced due diligence (EDD), and sanctions screening.
• Respond to requests from correspondent banks, counterparties, and law enforcement.
• Publish required sanction notices and updates.
• Manage administrative tasks, such as vendor relations and regulatory reporting.
• Implement special monitoring measures for high-risk clients and review their activities to ensure compliance with internal protocols.
• Perform other duties as needed.

Benefits

• Work-life flexibility
• Hybrid work environment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits plan including family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access to a learning platform and educational assistance support
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community and other paid time off options
• Corporate discounts subject to employment agreement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior