Overview
Associate Vice President, Anti‑ Laundering Jobs in Oakville, Canada at Canadian Tire Corporation
Position: Associate Vice President, Anti‑Money Laundering
The Associate Vice President, Anti‑Money Laundering (AVP, AML) supports the Chief Anti‑Money Laundering Officer (CAMLO) in the execution, operation, and ongoing enhancement of CTB’s enterprise Anti‑Money Laundering (AML) and Anti‑Terrorist Financing (ATF) Program.
The AVP, AML is responsible for translating AML/ATF strategy, policy, and regulatory requirements into effective, sustainable operational practices, while providing second‑line oversight, advisory support, and constructive challenge across the organization. The role plays a critical leadership function in ensuring CTB maintains a sound, risk‑based AML/ATF Program aligned with regulatory expectations, internal risk appetite, and business strategy.
The position acts as a key delegate and operational leader for the CAMLO and supports regulatory engagement, program governance, issue management, and enterprise reporting.
What you’ll do:
1. AML / ATF Program Execution and Oversight
Support the CAMLO in maintaining and operationalizing CTB’s AML/ATF framework, policies, standards, and procedures, ensuring effective and consistent implementation.
Oversee day‑to‑day execution of AML/ATF program components across the organization.
Contribute to periodic program reviews, effectiveness assessments, and control testing activities, escalating material issues and emerging risks to the CAMLO.
2. AML / ATF Risk Assessment and Control Management
Support the identification, assessment, documentation, and ongoing monitoring of AML/ATF inherent and residual risks.
Provide second‑line oversight and challenge of AML/ATF controls owned by business lines and operational teams.
Track and monitor remediation of AML/ATF issues, audit findings, and regulatory observations, ensuring timely and sustainable resolution.
Support enhanced due diligence (EDD) processes for higher‑risk customers and activities, including analysis and preparation of escalations requiring CAMLO review or approval.
3. Transaction Monitoring, Investigations, and Regulatory Reporting
Oversee the operational effectiveness of customer due diligence, transaction monitoring, investigations, and AML/ATF reporting processes.
Monitor system performance, data quality, and alert/investigation outcomes, escalating material deficiencies or adverse trends.
Support the quality, completeness, and timeliness of regulatory reporting to FINTRAC, including trend analysis and program metrics.
4. AML Technology and Systems Transformation
Lead and support the design, build, implementation, and ongoing enhancement of CTB’s AML/ATF technology ecosystem, including customer due diligence, transaction monitoring, investigations, and regulatory reporting platforms.
Act as the AML program subject‑matter owner for system transformation initiatives, ensuring regulatory requirements, risk appetite, and control expectations are fully embedded into system design and functionality.
Partner with Technology, Data, Operations, and third‑party vendors to define business requirements, model assumptions, scenarios, thresholds, and typologies, ensuring AML solutions are fit‑for‑purpose, explainable, and auditable.
Contribute to development of a forward‑looking AML technology strategy, aligned with evolving financial crime risks, regulatory expectations, and CTB’s business growth.
5. Regulatory Support and Examination Readiness
Act as a key delegate for the CAMLO in interactions with regulators and external stakeholders, including FINTRAC and OSFI (as applicable).
Support preparation for regulatory examinations, audits, and independent reviews, including coordination of responses, documentation, and remediation planning.
Monitor regulatory developments, supervisory guidance, and industry trends, assessing impacts to CTB’s AML/ATF Program and advising the CAMLO accordingly.
6. Reporting and Senior Management Support
Prepare and coordinate AML/ATF reporting for Senior Management and Board Committees, including key risk indicators, program metrics, issue status, and emerging risks.
Provide clear analysis and insight to support informed, risk‑based decision‑making.
Escalate material AML/ATF issues, breaches, or control weaknesses through established governance…
Title: Associate Vice President, Anti‑ Laundering
Company: Canadian Tire Corporation
Location: Oakville, Canada
Category:
