Overview
Anti-Money Laundering Officer Jobs in Canada at Tetra Consultants
Title: Anti-Money Laundering Officer
Company: Tetra Consultants
Location: Canada
Job Summary
The Company is a Canadian Money Services Business (MSB) that provides foreign exchange, money transferring, virtual currency, payment service provider services to its customers. The Company is supported by a considerable and loyal client base and is expanding its operations in Canada.
The Company is seeking to recruit a local Canadian MLRO to assist in developing a world-class AML/CFT programme that supports its growth plans in Canada. The Company is looking for an individual with experience in the AML/CFT field, strong knowledge of relevant Canadian legislation, and a proven track record of translating FINTRAC requirements into practical policies and procedures.
The ideal candidate should have experience in MSBs, cross-border payments, remittance services, fintech, digital payments, banking or financial institutions, experience with payment processors, correspondent banking, virtual accounts, or international payment infrastructure would be an added advantage.
Expectations
- CAMS (Certified Anti-Money Laundering Specialist)
- Canadian AML compliance certifications or equivalent professional qualifications
- Extensive experience with FINTRAC compliance and examinations
- Experience implementing AML transaction monitoring systems
- Knowledge of sanctions compliance, including OFAC, UN, UK, and Canadian sanctions regimes
- Experience with risk-based AML frameworks
- Strong understanding of payment operations and cross-border transaction flows
- Excellent communication, analytical, and regulatory reporting skills
Requirements
- A resident in Canada.
- Bachelor's degree in Law, Finance, Business, Accounting, Risk Management, or a related field. A postgraduate qualification would be an advantage.
- Minimum of 5 years' experience in AML/ATF compliance within a regulated financial institution.
- Previous experience serving as an MLRO, Chief Compliance Officer, Compliance Manager, or Senior AML Compliance Officer.
- Strong knowledge of Canadian AML/ATF legislation, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), FINTRAC guidance, and related regulations.
- Experience interacting with FINTRAC during examinations, regulatory reporting, audits, and compliance reviews.
- Fluency in English (both written and spoken).
- Excellent communication skills.
- Tech-savvy and prior exposure to agile working.
- Availability and permission to work in Canada.
- Ability to work under pressure in a fast-paced environment.
Duties
- Serve as the designated Canadian MLRO for our registered Money Services Business (MSB).
- Develop, implement, and maintain the company's AML/ATF Compliance Program.
- Ensure ongoing compliance with FINTRAC requirements and all applicable Canadian AML regulations.
- Review and approve AML policies, procedures, and risk assessments.
- Monitor customer onboarding, KYC, enhanced due diligence (EDD), sanctions screening, and transaction monitoring processes.
Think you're the right candidate? Fill out the application form here:
https://forms.office.com/pages/responsepage.aspx?id=FUlyfQfzrkyaonww4h7TvNPPN0BG-91HiubU64P9JCBURUtQNTdTMURIREtGMTA3VkQwT0dLNzRFSy4u&route=shorturl
