Job Description

Company Overview

IC Savings is a credit union that focuses on bringing the benefits of co-operative banking to more than 21,000 personal and business members, whether online, by mobile or in branch at its eight locations in the Greater Toronto Area. To learn more, visit www.icsavings.ca.

Job overview

We are seeking administratively savvy and detailed professional to join our team as Compliance Administrator. In this position, you will be primarily responsible for maintaining and updating the Anti-Money Laundering (AML) watch list, filing all prescribed reports to FINTRAC, and handling all incoming requirements and production orders related to compliance. In addition, you will provide administrative and operational support to the corporate team.

What you’ll be doing

In this position, you will:

• Maintain and update the internal AML Watch List.
• Process all incoming garnishments from Canada Revenue Agency (CRA) or the courts, follow up with branches on status of accounts and make payments as required, maintain and update applicable spreadsheet.
• Complete assigned Production Orders by the specified due date.
• Print and review all incoming reports from the branches regarding Large Cash Transaction Reports (LCTRs) and Electronic Funds Transfers (EFTs), ensure documentation is complete, address deficiencies, track trends and report to Chief Compliance Officer for further review. Follow up with branches for missing or incorrect information.
• Complete all prescribed FINTRAC reports for Large Cash Deposits, Incoming and Outgoing wires.
• Investigate events identified by Navaera on the “On-Demand Domain.”
• Assist with updating documentation on all AML Procedures.
• Save all morning reports required for the department (i.e., DRVA and c-View reports).
• Review the monthly task packages from each branch and provide feedback.
• Maintain and assist with updating the procedural manual and implementing policies and processes related to branch compliance.
• Check Credit Union Office for Crime Prevention and Investigations’ secure website for notifications of fraud, counterfeit cheques, etc.
• Complete monthly cash holdings report for all branches ensuring they are within their authorized limits.
• Perform other duties as assigned.

Who are we looking for?

A self-starter who’s professional, organized and administratively savvy, self-disciplined, appreciates the importance and role of compliance in a banking sector, values teamwork and customer service, pays attention to detail and meets timelines.

The ideal candidate will also have:

• Completion of secondary school education; further education and/or relevant work experience considered an asset.
• At least one year of work experience in the financial services industry with focus on customer service and banking transactions.
• Basic knowledge of Anti-Money Laundering rules.
• Ability to quickly learn and adapt in order to perform day to day functions of the job.
• Good interpersonal skills, diplomacy, patience and sound judgement.
• Good communication skills, written and oral.
• Proficiency in MS Office suite, and preferably a working knowledge of DNA banking system and Navaera with ability to learn other software(s) to perform job functions.

Working conditions / Physical effort

• Professional, team oriented, office environment.
• Standard corporate business hours based on 37.5-hour work week: Monday to Friday from 9:00 am to 5:00 pm; ability to work overtime, when required.
• The physical demands are representative of those that must be met by being able to successfully perform the essential functions of the job; these include, but are not limited to: sitting, extensive use of computer and phone; seldom lifting/moving of items (i.e. file boxes) ranging up to 25 pounds in weight.

How to apply?

If you think you have what it takes to be a successful member of our team, please submit your resumé.

IC Savings is committed to accommodating people with disabilities as part of our hiring process. If you have special requirements, please advise Human Resources during the recruitment process.

IC Savings has implemented Covid-19 vaccination policy, requesting all employees, including new hires, to be fully vaccinated. The requirement to be fully vaccinated is subject to the Ontario Human Rights Code, and the Company will provide suitable accommodation, whenever possible, to individuals who cannot be vaccinated due to disability or other grounds protected by the Code.

While we thank all applicants for their interest, only those selected for an interview will be contacted.

Job Types: Full-time, Permanent

Benefits:

• Company events
• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Life insurance
• On-site gym
• On-site parking
• Paid time off
• RRSP match
• Store discount
• Vision care

Flexible Language Requirement:

• French not required

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday
• Overtime

Supplemental pay types:

• Overtime pay

Ability to commute/relocate:

• Etobicoke, ON: reliably commute or plan to relocate before starting work (required)

Experience:

• financial services: 1 year (required)

Shift availability:

• Day Shift (required)

Work Location: One location

Similar Jobs