Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.
We can’t wait to get to know you!
The Senior Compliance Officer, Sanctions is responsible for ensuring the Bank’s compliance with international and local sanctions regulations, such as those set by Global Affairs Canada, the Office of Foreign Assets Control (OFAC), the United Nations (UN), the European Union (EU), and other relevant regulatory bodies. This role involves investigating potential sanctions violations, advising business units on sanctions-related risks, conducting sanctions screening and sanctions risk assessments, and ensuring that internal policies and procedures align with regulatory requirements. The officer will also play a key role in sanctions-related training, reporting, and interaction with regulatory authorities, where applicable.
The Senior Compliance Officer, Sanctions reports to the Associate Director, AML EDD in managing the Bank’s sanctions risk.
- Supports the Associate Director, AML EDD in the implementation, oversight and management of an effective sanctions program.
- Review high-risk transactions involving sanctioned jurisdictions or entities and provide guidance.
- Analyze and investigate escalated possible matches against sanctions lists.
- Perform sanctions screening on transactions, clients, and counterparties to identify potential compliance risks.
- Provide guidance to Business Units regarding sanctions risks and regulatory expectations.
- Develop and deliver training programs to educate employees on sanctions compliance.
- File relevant reports, such as Sanctions Evasion Reports and Listed Person or Entity Property Reports, to FINTRAC.
- Support the development and enhancement of sanctions compliance frameworks, policies, and procedures.
- Collaborate with various teams and departments to integrate sanctions compliance into all relevant business processes.
- Conduct periodic reviews of the Bank’s sanctions compliance program to identify potential weaknesses or vulnerabilities and develop mitigation plans.
- Manage and support special projects and ad hoc initiatives to enhance the sanctions compliance program.
- Stay up to date with changes in sanctions regulations, emerging trends, and best practices and assess their impact on the Bank’s operations.
- A bachelor’s degree in law, Finance, Business, or a related field.
- A minimum of three (3) years of experience in the Canadian financial services industry, with a focus on sanctions compliance, financial crime compliance, or regulatory compliance.
- Strong knowledge of Canada and international sanctions frameworks (e.g., OFAC, UN, EU, UK).
- Experience in transaction reviews, sanctions screening, and sanctions risk assessment.
- Familiarity with compliance screening tools such as World-Check.
- Excellent analytical, risk assessment and research skills for the purposes of reaching reasoned and sound conclusions with arguments that support the decision reached.
- Ability to successfully handle multiple competing priorities.
- Detail-oriented with strong time management skills to ensure timely completion of tasks.
- complex information clearly and concisely.
- Proficient in Microsoft Office (Word, Excel and PowerPoint).
- Relevant certifications, such as, Certified Global Sanctions Specialist (CGSS) and/or Certified Anti-Money Laundering Specialist (CAMS) are advantageous.
- Knowledge of French an asset.
What we offer [For full-time permanent roles]
\uD83D\uDCB0 Competitive discretionary bonus
✨ Market leading RRSP match program
\uD83E\uDE7A Medical, dental, vision, life, and disability benefits
\uD83D\uDCDD Employee Share Purchase Plan
\uD83D\uDC76\uD83C\uDFFD Maternity/Parental top-up while you care for your little one
\uD83C\uDFDD Generous vacation policy and personal days
\uD83D\uDDA5 Virtual events to connect with your fellow colleagues
\uD83C\uDF93 Professional development and comprehensive Career Development program
\uD83D\uDC9B A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.
Equity, Diversity & Inclusion
EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.
We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
To learn more, visit eqb.investorroom.com and eqbank.ca.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
