Financial Transactions and Reports Analysis Centre of Canada - Compliance Sector
$118,054 to $158,619
For further information on the organization, please visit Financial Transactions and Reports Analysis Centre of Canada
19 July 2020 - 23:59, Pacific Time
Who can apply:
We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.
As an employer committed to a diverse workforce, FINTRAC encourages candidates in designated groups - women, visible minorities, Aboriginal persons and persons with disabilities - to apply and self-identify on their application.
This position is classified as an FT-06, which is equivalent to the following public sector groups and level: EX-02.
Due to the nature of our work, please do not discuss your application with others (including on social media) besides your partner, or close family members – who should also be reminded about the need to be discreet.
HOW TO APPLY:
**Candidates MUST submit their application through the GC Jobs online system available at: www.jobs.gc.ca. Applications submitted in any other format will not be accepted.
If you are unable to apply online or require accommodation for any reason, you must contact the FINTRAC Talent Acquisition team at FINTRACJobs-EmploisCANAFE@fintrac-canafe.gc.ca or by phone at 613-617-1851, before the closing date.
IS THIS THE RIGHT JOB OPPORTUNITY FOR YOU?
We are seeking an experienced Executive to head our Toronto office who is ready to contribute to the organization’s success by providing leadership and vision to a multi-disciplinary team of compliance professionals.
About The Role:
The Toronto Office reports directly to our Headquarters in Ottawa. The Regional Director of the Toronto Office is responsible for delivering a variety of compliance program activities, including compliance examinations, that seek to ensure reporting entities, who include financial institutions, trust and loans, life insurance, securities dealers and money services businesses located within and around the greater Toronto area (GTA), are compliant with legislation and associated regulations covered by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. In addition, the Regional Director also has responsibility for FINTRAC’s relationship with Canada’s largest financial institutions and oversight for the banking sector within the Compliance Sector.
What We Are Looking For:
What You Will Be Doing:
- Superior leadership skills to enhance collaboration.
- Excellent communicator.
- Ability to work autonomously and take ownership of decisions and outcomes.
- Ability to make recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business.
- Ability to monitor emerging Money Laundering/Terrorist Financing (ML/TF) risks and trends and analyze pertinent industry practices and mitigation in relation to these risks.
- Exhibits fairness and trustworthiness in interactions with staff.
- Ability to manage, motivate and support a virtual workforce.
- Overseeing all daily operations of the Toronto Office.
- Establishing and maintaining collaborative relationships with partners, stakeholders, and industry associations.
- Establishing and maintaining productive relationships with colleague Regional Directors in Vancouver and Montreal.
- Developing and implementing compliance strategies, plans, and processes that align with corporate priorities and achieve regional and/or national objectives.
- Managing engagement and examination activities by establishing and delivering on clear work plan objectives, resource requirements, delivery timeframes, quality standards, performance targets and enforcement measures.
If this sounds like the right opportunity and the next logical step in your career, please consult the requirements for our job application and assessments. We would love to hear from you.
Find out more about our organization and what we do at:
Follow the money! The Financial Transactions and Reports Analysis Centre of Canada, known as FINTRAC, is the country’s dynamic, highly specialized and autonomous national centre of expertise on money laundering and terrorist financing activity. By ensuring a robust regulatory compliance regime and the timely production of actionable financial intelligence, FINTRAC plays an integral role in the global fight against organized crime groups, cybercriminals, human traffickers and terrorist organizations, among others, who seek to undermine or abuse Canada’s financial system.
Our business is all about the money, but as an employer, we are all about our people. We are proud to contribute to the overall vision of the Public Service of Canada, but as a separate employer, we are not subject to the Public Service Employment Act, which means we have our own classification and staffing system and policies. We offer a competitive salary and benefits package (including eligibility for performance pay), flexible work arrangements, and a variety of unique learning opportunities. Our greatest asset is our highly engaged workforce.
Intent of the process
We will be staffing one (1) position in our Toronto office. A pool of partially qualified candidates may be established and may be used to staff similar positions with various tenures (Indeterminate, Specified period and Acting).
Positions to be filled:
Information you must provide
A covering letter in 2,500 words (maximum) "In a covering letter, please explain what you would bring to the Regional Director, Toronto Office and Major Reporters role, why you are the right candidate to assume this position within FINTRAC and how this aligns with your career path. You should also demonstrate how your background and experience fit the essential qualifications of the job and how they support the promotion of a culture of accountability; prepare the organization for the future and encourage collaboration to strengthen results. You must meet all essential qualifications in order to be appointed to the position. Other qualifications may be a deciding factor in choosing the person to be appointed. Some essential and other qualifications will be assessed through your application. It is your responsibility to provide appropriate examples that illustrate how you meet each qualification. Failing to do so could result in your application being rejected."
In order to be considered, your application must clearly explain how you meet the following (essential qualifications)
- A degree from a recognized university in a field relevant to the position.
- Recent and significant* experience in a financial services industry in the area of Anti-Money Laundering / Anti-Terrorist Financing (AML/ATF) Compliance, Risk Management or in the regulation of financial institutions (government body that directly deal with the supervision and regulation of these institutions).
- Recent and significant* experience in managing a team and financial resources (Candidates must indicate the number of direct reports and subordinates).
- Recent and significant* experience in executing AML/ATF reviews of financial institutions, or reviews requiring similar skills and approaches.
- Experience in fostering and maintaining productive relationships with a wide range of stakeholders and/or partners as well as employees.
- Experience in providing strategic advice to senior management on sensitive and high-risk issues.
- Recent and significant experience is defined as the depth and breadth of experience normally acquired through the performance of duties for approximately three consecutive years within the last five years.
If you possess any of the following, your application must also clearly explain how you meet it (other qualifications)
- Experience leading and participating in complex projects/assessments and providing leadership to Senior Compliance Officers involved in supervising financial institutions.
- Experience in the management of Anti-Money Laundering / Anti-Terrorist Financing (AML/ATF) programs or audit programs in a public or private sector environment.
- Experience in managing a regional office.
- Experience in delivering presentations to external audiences.
- Certified Anti-Money Laundering Specialist (CAMS) or Canadian Anti-Money Laundering Institute (CAMLI).
The following will be applied / assessed at a later date (essential for the job)
Information on language requirements
- Knowledge of the different reporting entity sectors covered by FINTRAC’s legislation and sectoral risks related to money laundering and terrorist activity financing.
- Knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations (PCMLTFA) and associated regulations (https://www.fintrac-canafe.gc.ca/reg/1-eng) and FINTRAC guidance.
- Ability to manage a team to successfully deliver multiple, competing priorities.
- Ability to communicate effectively in writing.
- Ability to communicate effectively orally.
- Create vision and strategy – Leaders define the future and chart a path forward.
- Mobilize People – Leaders inspire and motivate the people they lead.
- Uphold integrity and respect – Leaders exemplify ethical practices, professionalism and personal integrity.
- Collaborate with partners and stakeholders – Leaders are deliberate and resourceful about seeking the widest possible spectrum of perspective.
- Promote innovation and guide change – Leaders create an environment that supports bold thinking, experimentation and intelligent risk taking.
- Achieve results – Leaders mobilize and manage resources to deliver on the priorities.
The following may be applied / assessed at a later date (may be needed for the job)
- You must be willing and able to travel within Canada.
Conditions of employment
Secret security clearance - You must be a Canadian Citizen and eligible for a Top Secret security clearance to FINTRAC's standards.
FINTRAC’s process includes a suitability interview, a credit and financial check, fingerprinting, a background investigation covering at least the last 10 years, as well as other assessments necessary to determine a candidate’s suitability for work at FINTRAC. Candidates must be able to produce sufficient records related to any significant period of time spent outside Canada.
Candidates may be required to submit security documentation and may be subject to security investigations at any phase of the selection process.
Suitability is an on-going condition of employment at FINTRAC and must be maintained.
We understand that FINTRAC’s security clearance process is demanding. Protecting the safety of Canadians and the security of Canada’s economy is what we do; that is why all candidates go through a rigorous screening process before becoming a FINTRAC employee.
The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.
Information on employment equity
For this selection process, it is our intention to communicate with candidates via email. Candidates must include a valid email address in their application. It is the candidate’s responsibility to ensure accurate information is provided and updated as required.
RÉSUMÉS will be used as the main source of validation for the screening criteria. Therefore candidates must CLEARLY demonstrate how they meet each of the education and experience criteria with clear examples, on their résumé. Failure to provide this information may result in your application being rejected.
Note that the depth and breadth of your experience will be assessed using your application, and may be further assessed using references or other means.
You will be required to submit a cover letter. Failure to provide this information will result in your application being screened out. Please refer to the section above on what information you must provide.
Our assessment process includes different evaluation stages:
Assessments may be conducted virtually through email, telephone and/or videoconference. It is the candidate’s responsibility to ensure that their computer and mobile equipment is in working condition before starting an assessment.
- Various tools (such as the cover letter, resume and emails) will be used to assess the ability to communicate effectively in writing.
- Virtual/online evaluation/assessment tools may be used, including psychometric assessments.
- An interview will be administered.
- Reference checks will be sought.
(Virtual) Interviews are anticipated to take place August 4-11, 2020. Candidates are advised to make themselves available for these dates.
Candidates will be responsible for all travel costs in connection with this staffing process.
A short list of candidates will be selected for interview and/or online evaluations based on a combination of experience, career progression and achievements, and overall presentation in the application. We thank all those who apply. Only those selected for further consideration will be contacted.
The Public Service of Canada is also committed to developing inclusive, barrier-free selection processes and work environments. If contacted in relation to a job opportunity or testing, you should advise the Public Service Commission or the departmental official in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner. Information received relating to accommodation measures will be addressed confidentially.
Important COVID-19 Update for Applicants to FINTRAC
Thank you for exploring job opportunities with FINTRAC.
In our ongoing efforts to keep our workplace and communities healthy, FINTRAC continues to closely follow guidance from provincial and federal public health authorities (Public Health Agency of Canada (PHAC) and Public Service and Procurement Canada) where our offices are located.
We have resumed some in-person applicant processing on a limited basis. Please rest assured that we are taking every precaution necessary to ensure the health and safety of our candidates during their visit to our facilities. Specific COVID-related protocols, requiring visitors to wear a face mask and to respect physical distancing in all meeting areas.
Additionally, we will continue to work in the virtual recruitment environment, and reserve the right to hold preliminary assessments in the virtual environment.
We appreciate your patience and understanding while we work together to keep our country healthy and safe during these unprecedented times.
We thank all those who apply. Only those selected for further consideration will be contacted.