Senior Manager, Financial Intelligence Unit

Wealthsimple Technologies

1d•Hybrid

About The Position

Wealthsimple is seeking an experienced and highly motivated Senior Manager, Financial Intelligence Unit (FIU) to join our growing team. The Senior Manager, FIU will be responsible for overseeing various aspects of the AML compliance program, ensuring adherence to regulatory requirements and internal policies. This role requires strong leadership, analytical skills, and a comprehensive understanding of AML regulations, including those related to Sanctions, Politically Exposed Persons (PEPs) and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) reporting.

Requirements

Minimum of 7+ years of experience in AML compliance leadership role within the financial services industry, for example, experience working within a financial intelligence unit (FIU).
Knowledge of both fiat- and crypto-related AML investigations.
Experience with coaching people and leading teams.
In-depth knowledge of Canadian AML/Anti-Terrorist Financing (ATF) regulations, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and Regulations, FINTRAC guidance and Canada’s National Inherent Risk Assessment (NIRA).
Strong understanding of client risk rating methodologies and enhanced due diligence procedures.
Excellent analytical, problem-solving, and decision-making skills.
Strong communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders, including senior management.

Nice To Haves

Relevant industry certifications (e.g., CAMS, CFE) are highly desirable.

Responsibilities

Provide team oversight/management, including coaching and feedback to Managers and Team Leads.
Oversee capacity planning and hiring for the team.
Understands opportunities for optimization and strategically plans the evolution of the AML Operations team by assessing the needs of the organization’s structure.
Builds high performance teams, across fiat, crypto and remediation, making decisions based on metrics and individual key performance indicators (KPIs).
Leads meetings with Manager/Team Leads to discuss productivity, monitoring quality of work and identifying training opportunities.
Work directly with Governance and Policy to make updates to procedures, checklists and guidelines and execute them with the team.
Identifies opportunities for operational effectiveness and executes on them.
Reports to the CAMLO and provide updates on the workforce, workload and productivity of the team.
Subject Matter Expert on complex financial crimes, high risk investigations, matters involving politically exposed persons and heads of international organizations (PEPs/HIOs), organized crime, and terrorist financing.
Oversee and approve complex investigative work through case reviews/approvals.
Oversight of high risk reviews and approvals for high risk individual clients and entities, and PEPs (Politically Exposed Persons).
Lead special investigations including management and oversight of production orders escalated to AML.
Oversight of the name and payment screening, enhanced due diligence, ongoing monitoring processes, identifies opportunities for improving those processes, including tooling solutions.
Understand how Wealthsimple’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
The primary function of the FIU (Execution and Operations) team is to employ investigators who uncover complex financial crimes and report on them.

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

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