Senior Manager, AML Governance and Policy

Wealthsimple Technologies

3d • Hybrid

About The Position

Wealthsimple is seeking a Senior Manager of AML Governance and Policy who will be responsible for the Oversight of the AML Compliance framework, ensuring the health of the program by managing policy, monitoring its effectiveness, and reporting on its status. This role sets out the necessary rules and standards of the business, with the primary goal of achieving compliance with the law.

Requirements

• Minimum 7+ years of comprehensive experience in AML compliance, auditing, or risk management within the financial services industry.
• Experience leading remediation projects and/or issues management oversight.
• Experience working with the regulators and/or AML Effectiveness Review auditors.
• Certified Anti-Money Laundering Specialist (CAMS) or similar certification is generally preferred.
• Deep understanding of Canadian AML/ATF legislation (PCMLTFA), FINTRAC guidelines, CIRO Rulebook and international standards, and Canada’s National Inherent Risk Assessment (NIRA).
• Strong analytical capabilities for complex data, excellent communication skills (for executive reporting), and experience with data visualization tools.
• Proven ability to influence stakeholders and work collaboratively in a matrixed environment.

Responsibilities

• Maintain oversight of the framework and manage policy, monitor effectiveness, and report on the health of the program.
• Conduct quality control and program effectiveness testing, which includes aspects of an internal audit function.
• Audit Management and conducts the Enterprise Wide Risk Assessment.
• Provide team oversight/management, including coaching and feedback.
• Oversee capacity planning and hiring for the team.
• Understands opportunities for optimization and strategically plans the evolution of the Governance and Policy team by assessing the needs of the organization’s structure.
• Leads productivity meeting discussions, monitoring quality of work and identifying training opportunities.
• Work directly with the FIU team to implement checklists and guidelines and execute them with the team.
• Identifies opportunities for operational effectiveness and executes on them.
• Define the rules and standards to ensure compliance with the law.
• Drive policy and procedural updates.
• Monitor and integrate industry and regulatory updates (FINTRAC etc.).
• Oversee reporting for various bodies, including CIRO & OSC UN Reporting, FINTRAC reporting including STR, LVCTR, and EFTR.
• Provide qualitative reporting for Management Team and Audit and Risk Committee Reporting.
• AML Training Program management, including development, deployment and completion tracking.
• Oversee training for the AML Team (covering updated policies, procedures, product offerings, and TM rules, etc.).
• Manage Company wide training and department-specific (ad hoc) training.
• Lead external party requests, specifically handling requests from banking or liquidity partners.
• Drive the execution of incidents & remediation projects.
• Working directly with the Senior Manager, FIU for support on remediation or other projects, as needed.
• The primary goal of the Governance and Policy role is compliance with the law. This is achieved by setting out the rules and standards.

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year
• Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed