Our client, a top Insurance client in Canada is looking to hire a Transaction Reporting Manager x 2 positions role for their team with a contract for 6 months . This role is Hybrid 3x/week in the office per week for their Toronto office.
- The Manager, Transaction Reporting (STR) in Enterprise Anti-Money Laundering is accountable for managing, maintaining and enhancing the EAML Group’s operational processes to support internal AML program; and for assisting the Senior Manager, FIU Regulatory Reporting in the execution of tasks leading to the oversight and control of regulatory reporting for the FIU.
- The Manager primarily oversees the daily operations of the STR data entry and filing process, which includes the gathering and inputting of transaction data to be submitted to FINTRAC on behalf of the investigative function.
- Depending on coverage requirements, the Manager must also have knowledge of LCTR team processes, which includes the creation, submission and ongoing maintenance of Large Cash Transaction Reports (LCTR) sent to FINTRAC.
- The Manager is accountable for the leadership, management and coaching of team members to develop and enhance their knowledge of relevant regulatory guidelines and policy changes with respect to reporting requirements and ML/TF indicators.
- The Manager is also responsible for ensuring that data quality standards are adhered to and that all reports are submitted to the regulator as soon as practicable in order to remain compliant.
- The Manager proactively identifies opportunities for improvements within the workflow and supporting processes and partners with other EAML pillars and technology to enhance and advance internal EAML Program.
- Previous experience in AML is required and prior people leader experience is ideal.
- Knowledge of AML investigations and related FIU operational processes would be valuable.
- Understanding of recent regulatory changes that impact Suspicious Transaction Reporting (STR) specifically would be an asset.