Shinhan Bank Canada (SHBC) is part of the global Shinhan Financial Group, one of South Korea's leading financial institutions. At SHBC, we provide a full range of financial services including everyday banking, mortgages and loans - delivered with deep local expertise and global insight.
Join a workplace where your contributions are valued and your professional development supported. At SHBC, you'll be part of a collaborative culture where every voice matters and your efforts directly impact the communities we serve.
The Compliance Administrator (1-year contract) will report directly to the Director, Compliance (AML) and will assist business units, as requested, to ensure that appropriate policies are in place to effectively manage compliance risk and the Bank is in compliance with regulatory and legal requirements.
Key Responsibilities
- Preparation of Large Cash Transaction Reporting (LCTR)
- FRAML Alert assessment (Daily): Conduct initial review of Fraud and AML alerts to identify potential suspicious activity and determine required follow-up actions (e.g., open a case for further investigation, acknowledge as not suspicious)
- Watch List Filtering (WLF) Alert assessment (Daily): Review WLF alerts and assess potential matches against sanctions lists, PEPs, and other Listed individuals/entities
- Reimbursement claims Quality Assurance (QA): Conduct sample-based quality assurance reviews
- Registering daily exchange rate
- AML training distribution for new employees
- Communicate with the government agencies or law enforcement agencies as necessary
- Other duties and assignments, as required
Job Requirements
Education Requirements: Bachelor’s degree in business or legal studies; or equivalent is required
Work Experience Requirements: 0-2 years of experience working in a banking industry or equivalent is required for this position (Control/monitoring function considered a significant asset)
- Previous experience in banking industry preferred
- Ability to interpret and operationalize regulatory requirements
- Ability to effectively research and analyze
- Strong attention to detail, problem-solving skills, and analytical skills
- Familiarity with Anti Money Laundering issues and transaction monitoring system is considered an asset
- Ability to effectively present findings and recommendations; recognize when matters require escalation to the management
- Effective and efficient communication skills in writing and verbal are essential
Knowledge & Skills
- Knowledge of Administration processes, practices and procedures
- Risk, compliance and audit mindset
- Adaptability & Flexibility
- Learning mindset (Continuous learning)
- Collaboration & Teamwork
- Effective interactive communication
- Initiative
- Innovativeness
- Information/ Data seeking
- Attention to detail and quality
- MS Office, Job related software
At Shinhan Bank Canada, we are committed to creating and maintaining a diverse, inclusive and accessible workplace. We believe that a collaborative and diverse team strengthens our organization and reflects the communities we proudly serve. You will be supported and empowered to realize your full potential as we work together to shape the future of banking. Our recruitment process is designed to be fair and inclusive. If you require accommodation at any stage of the hiring process, please let us know - we will work with you to meet your needs.
Only candidates selected for an interview will be contacted.
