Senior Risk Advisor, Financial Crimes (Level 19) - 0004NH

Posting Date: May 9, 2024, 12:21:37 PM

Primary Location: Ontario-Ottawa

Job Type: Permanent

Schedule: Full-time

Description

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses confidently enter new markets, reduce financial risk, and grow their business.

When you join our team, you’ll be helping Canadian businesses learn the endless possibilities that open to them through export and help bring their vision, passion, and innovation to the world. Your knowledge and expertise will support more than 25,000 Canadian businesses and their customers in as many as 200 markets worldwide. You’ll work amongst the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making an impact every day – for businesses, for Canada and for the people you work with.

Are you ready to make an impact? Join EDC, recognized as a Top 100 and Top Family-Friendly Employer, as we take on the risk so Canadian businesses can take on the world. #LI-Hybrid

Team & Job Overview

As an Export Credit Agency, Export Development Canada (EDC) helps Canadian companies of all sizes succeed on the world stage. At EDC, we view Environmental, Social and Governance (ESG) as a competitive advantage for ourselves and our customers. Through our deep subject matter expertise, we are able to support organizations of all sizes to evolve their responsible business practices as a means of improving their competitive position.

The ESG Advisory Financial Crimes team is part of a broader ESG Advisory group at EDC. We are an operational group situated in EDC’s 1st line of defense responsible for reviewing Financial Crimes Risks, including Money Laundering, Terrorist Financing, Corruption & Bribery, Sanctions and External Fraud within EDC’s relationships and financial transactions.

The ESG Advisory, Financial Crimes team, is seeking a motivated and resourceful person as a Senior Risk Advisor – Financial Crimes. The Senior Risk Advisor – Financial Crimes will be responsible for conducting enhanced FC due diligence on the business we support and provide insights and coaching to more junior team members. As an integral part of the business team, the Senior Risk Advisor - Financial Crimes will also be expected to build relationships with internal stakeholders, partners, and customers to identify opportunities for collaboration.

This is an opportunity for an individual who is a self-starter thrives in a dynamic team environment and is motivated to work directly on the ever-evolving Financial Crimes risks in the financial sector.

Key Responsibilities

• Educates and provides guidance to deal teams and colleagues as it pertains to local and global best practices pertaining to the changing landscape of Financial Crimes.

• Leverages in-depth knowledge of EDC products and internal network to build a risk-aware culture and improve process efficiencies/effectiveness.

• Independently leads complex financial crimes risk analysis for business transactions and relationships, presents findings and recommendations to business teams and management committees.

• Reviews and assesses information from open and non-public sources to identify financial crimes and reputational risks associated with transaction counterparties.

• Reviews the risk management system and controls of counterparties and other mitigating factors and assesses the residual risk.

• In collaboration with Legal and/or Compliance & Ethics (2LD) as appropriate, conducts in-depth due diligence and customer engagement.

• Helps business teams make informed decisions by clearly articulating potential legal, financial, compliance, or reputational impacts to EDC in complex transactions, relationships or product innovations.

• Communicates effectively with customers and other external audiences regarding EDC’s approach to managing financial crimes risks.

• Stays abreast of trends and best practices in financial crimes risk management to contribute to the team’s expertise and knowledge building initiatives.

• Pro-actively identifies process efficiencies and standards and leads process optimization and scalability initiatives.

• Advises on the implementation of EDC’s Financial Crimes program and related process and systems improvements for existing products and new product innovation.

• Completes quality control reviews of colleagues’ work, delivering clear verbal and written feedback and informal coaching or training as required.

• Communicates the Financial Crimes risk issues and mitigations effectively, both verbally and writing

Screening Criteria

• University Degree in Business Administration, Accounting, Law, Political Science or other related field.

• Minimum 7 years’ experience in Financial Crimes compliance and/or enhanced due diligence, specifically as it relates to compliance and ethics programs, third-party/vendor screening programs or customer onboarding programs.

• Demonstrated knowledge of best practices related to the design and implementation of ABC and Sanctions Compliance Programs, including Code of Conduct, Global Sanctions and/or Anti-Corruption Policy & Procedures documents, risk assessments, employee training, communications, third-party due diligence, monitoring, and reporting.

• Demonstrated ability to build and manage relationships with customers and stakeholders.

• Proven experience in preparing written reports on financial crime risks associated with high-risk business relationships and/or transactions, as well as presenting recommendations to senior management on mitigation measures required to address potential legal, compliance, and reputational impacts.

• Strong ability to adapt general risk management and financial crime compliance principles to unique and complex transactions and/or customer needs.

• Exceptional written and verbal communication skills, including proven experience presenting recommendations to senior management.

Assets

• Excellent organizational skills including prioritizing and juggling competing priorities, collaborating and coordinating input from cross-functional teams, and meeting deadlines in a fast-paced work environment.

• Bilingual in both official languages (French and English)

• Professional certification such as CAMS CFE, CFF, CFCS

Salary Range:

• ESG Risk Management 19: Salaries are based on qualifications and experience and typically range from $107, 132 To $142,842 plus a performance-based incentive.

Location

• Export Development Canada is a hybrid work environment.

• This role may be performed from EDC’s headquarters in Ottawa, or from the Community Hub in Montreal, Toronto, Vancouver, Halifax or Calgary.

• Relocation assistance is available for eligible candidates.

EDC's Commitment to Employment Equity

EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI community. If selected for an interview, please advise us if you need any special accommodation.

How to apply

Only candidates selected for an interview will be contacted. : Application deadline on www.edc.ca/careers : May 24, 2024, 10:59:00 PM Candidates must meet the requisite government security screening requirements. :

Req ID: 0004NH