Chief Anti-Money Laundering Officer (CAMLO) - Canada

Your Role:

The Chief Anti-Money Laundering Officer (CAMLO) is responsible for implementing and developing Alpaca Canada’s written anti-money laundering (AML) and anti-terrorist financing (ATF) policies and procedures to ensure compliance with all regulatory requirements under CIRO, FINTRAC, and other applicable regulators. The CAMLO is a key member of the management team and will be accountable for the firm's day-to-day compliance with its AML, ATF & Sanctions program and policies ensuring proper risk assessments, documentation and reporting are maintained. You will create a process for tracking, and reporting identified potential suspicious transactions to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as required by rule. You will design and implement the firm’s AML training program which must include compliance with United Nations (UN) Regulations. As directed by the Head of Global AML & Sanctions Compliance the CAMLO will work closely with them to ensure alignment across subsidiaries, and may be assigned for other tasks and projects as needed to support the over Global AML & Sanctions Compliance.

What You’ll Be Doing (Key Responsibilities):

Policy and Program Management:

• Implement and develop Alpaca's written AML, ATF and Sanctions policies and procedures.
• Assess and document money laundering and terrorist financing risks, as well as measures to mitigate high-risk situations.
• Ensure that policies are reviewed and updated, as needed or at least annually and when there are significant changes in business operations, product offerings, or client demographics. Any recommendations to change to the program or policies must be submitted to the Chief Compliance Officer, and the Board of Directors (BOD) for approval.
• Report in a timely manner significant findings for violations or what may be deemed potential violations of the firm’s policy to Alpaca Canada’s, Chief Compliance Officer, and Board of Directors.