Director, AML Compliance Officer at Canaccord Genuity
Canaccord Genuity · Boston, United States Of America · Hybrid
- Senior
- Office in Boston
Overview
This individual will join the Compliance Department supporting the U.S. branch of Canaccord Genuity’s Canadian Wealth Management practice, which includes both a U.S. broker-dealer and SEC-registered investment advisor.
This individual will be responsible for building out, implementing, and maintaining the Anti-Money Laundering (AML) Program for the U.S. Wealth Management business. The AML Compliance Officer will report to the Deputy CCO, COO of CG WM USA and work closely with the firm’s global AML leadership, serving as the subject matter expert and primary point of contact for AML oversight across the U.S. Wealth Management platform.
Essential Job Functions
- Enhance and oversee the AML Program for the U.S. Wealth Management business.
- Partner with Canadian Wealth Management Compliance and global AML leadership to align AML policies and procedures across jurisdictions while maintaining full U.S. regulatory compliance.
- Design and enhance the transaction monitoring, investigation and suspicious activity reporting system to ensure adherence to the highest standards.
- Implement comprehensive financial crimes, sanctions and KYC compliance policies, procedures and related controls.
- Collaborate with business partners and Operations staff to develop an effective control infrastructure in support of the Firm’s overall AML.
- Develop and issue AML guidance, policies and procedures through ongoing meetings and formal training programs.
- Advise management and business partners by providing subject matter guidance to business and operational units across the Firm.
- Conduct periodic reviews of client profiles in coordination with and to challenge the Onboarding team.
- Make determinations regarding the outcomes of investigations with respect to the requirement to complete Suspicious Transaction Reports (STRs)
- Manage and implement program enhancement projects concerning the AML program.
- Support the Regulatory Inquiries function in responding to regulatory responses related to the AML program.
- Provide periodic and ad hoc guidance to senior management and affiliates concerning the AML program and related regulatory developments.
- Maintain accurate records of investigative actions and outcomes in line with internal policies and regulatory requirements.
Required Qualifications
- Minimum of 10 years of experience in financial crimes and anti-money laundering programs, and/or comparable regulatory experience.
- 5+ years of experience in a hybrid registered investment adviser and broker dealer.
- Significant experience within a wealth management or retail brokerage environment.
- Experience leading or overseeing projects to implement financial crime processes.
- Ability to explain and convey complex AML-related concepts tailored to differing audiences.
Preferred Qualifications (Not Required)
- ACAMS certification.
- Advanced degree in business or law.
- Experience as manager or team leader.
Knowledge, Skills and Abilities
- Exceptional written and verbal communication skills, including the ability to present to senior management.
- Strong analytical and investigative skills with meticulous attention to detail.
- Ability to work independently while effectively collaborating across global teams.
- Sound judgment and ability to operate in a fast-paced, regulated environment.
Compensation: $170,000 - 190,000
This role is eligible for an annual discretionary bonus and a generous benefits package in addition to the base salary. The success of the firm, your team, and your individual performance will determine the trajectory of your career and total compensation.
Benefits Overview:
At Canaccord Genuity, your wellbeing matters. Joining our firm means being part of a workplace that not only values your contributions, but also invests in your overall health and wellbeing. We are glad to discuss our benefits with you in detail, and are pleased to share this overview:
Paid Time Off
- 15 days of paid vacation accrual per year
- 20 days of vacation accrual after 3 years with the firm
- Unlimited sick days
Health & Wellness
- Medical and dental insurance
- Vision insurance - 100% company-paid benefit
- Employee Wellness Program - 100% company-paid benefit
- Available to all employees and members of their household 24/7/365
- Mental health benefits: 3 free therapy sessions per occurrence per year
- Support and guidance for everyday issues including, but not limited to, legal consultation, financial expertise, child or elder care, home repair, housing needs, adoption, etc.
- Access care on-demand via phone, over live chat, email, or in-person
- Life insurance - 100% company-paid benefit
- Short-term disability insurance - 100% company-paid benefit
- Long-term disability benefits
- Pet insurance
- Equinox preferred rates
Financial Benefits
- 401(k) with employer match
- Employee Stock Purchase plan with employer match
- Commuter pre-tax benefits
- Tuition reimbursement
Driven by your success
A career at Canaccord Genuity means working for a client-centric organization with a global reach across 10 countries. We are driven to achieve for our clients, our shareholders and each other – our people and culture are at the heart of our success. No matter what your role, you have the opportunity to make a positive difference through your ideas and hard-work and be rewarded for your performance.
Driven by diversity and inclusivity
Canaccord Genuity is committed to encouraging a diverse workforce and to promoting a respectful and inclusive culture in which everyone has the opportunity to thrive and realize their potential. We recognize that diversity across our business strengthens relationships, enables more innovative solutions for our clients, as well as creating a more stimulating place to work.
Building and developing a truly varied team of talented people from all walks of life is essential for tackling new global challenges, adapting to changing markets and appealing to an increasingly diverse client base.
