Position:                       AML Compliance Program Manager

Reports to:                    Director, Practice Review

Contract type:               Indefinite, Full Time

The Chartered Professional Accountants of British Columbia (CPABC) is seeking a CPA who is results driven with proven policy development, stakeholder engagement, and influencing skills for the AML Compliance Program Manager position. This is a great opportunity for you to apply your technical and analytical skills in a unique and exciting role. We are proud and honoured to have been recognized as one of BC’s Top Employers for a fifth consecutive year in 2024. Come join a collaborative and high performing network of like-minded professionals and take the first step towards an exciting opportunity by applying to the position.

Job Summary

The AML Compliance Program Manager is primarily responsible for supporting the development, implementation and execution of a trust oversight program and procedures to incorporate into the practice review program to support the anti-money laundering initiatives of CPABC. When not working on AML, you will also be involved in the practice inspection of firms against CPA Canada Handbook standards, with the purpose of having them remedy deficiencies in their practice, while also providing an educational experience to the member and firm.

In this role, you will directly contribute to CPABC’s primary mission to protect the public by ensuring compliance with professional standards, rules and policies developed to address the recommendations from the Cullen Inquiry on Money Laundering and further enhance CPABC’s anti-money laundering initiatives, while also balancing the educational mandate of the department.

Key Responsibilities:

Expand the Practice Review Program to Incorporate AML

• Support the development and execution of CPABC’s program to assess firm compliance with the AML requirements adopted by CPABC, including the questionnaires that will provide CPABC with information on a firm’s existing policies relating to AML obligations under FINTRAC and CPABC rules, Bylaws and Bylaw Regulations.
• Develop resources to support a firm’s compliance with AML requirements.
• Review responses received and follow up with firms

Trust Oversight Program

• Support the development of the trust account requirements for firms, including the questionnaires that will provide CPABC with information on a firm’s trust accounts.
• Review responses received and follow up with firms.
• Perform more in-depth reviews as necessary.

Practice Inspections

• Conduct practice reviews and consistency reviews.
• Manage practice reviews and ensure assignments are completed before due dates.
• Carry out our educational mandate by co-presenting in the annual “Common Deficiencies” professional development course and co-authoring publications in the CPABC Public Practice Knowledge Base.

Other Areas

• Work collaboratively with all members of the Public Practice team, and other departments, to ensure effective regulatory oversight of public practitioners.
• Responsible for the application and maintenance of policies and procedures related to the areas of responsibility of this position.
• Deliver training on the AML program requirements.
• Address questions arising from firms, members or others regarding the new AML requirements.
• Consider AML program improvements and make recommendations for consideration, as appropriate.
• Other duties and responsibilities as assigned from time to time.

Key Requirements:

• CPA designation
• 2+ years of post-designation experience in public practice, ideally with experience performing legal or real estate trust audits
• Understanding of Canada’s anti-money laundering regulatory regimes, ideally with some experience/exposure around AML policies and the PCMLTFA
• Strong professional judgment and problem resolution skills
• Effective interpersonal and communication skills; comfortable in dealing with senior management or partners of accounting firms
• Works well with a large dynamic team and able to build good working relationships with colleagues
• Proven ability to effectively prioritize and meet deadlines

Why join our team? CPABC offers a balanced and flexible work environment with a competitive compensation package for this exciting and challenging position. At CPABC we live our core values:

• We Are Open
• We Work Together
• We Communicate
• We Improve Every Day
• We Are Professional
• We Laugh and Celebrate

The starting annual salary for this position is $90,900 – 107,900 per annum, based on candidates’ qualifications, experience, and internal parity. Exceptions may be considered with further review.

If this job outline describes you, we encourage you to apply through our online careers portal:

https://jobs.bccpa.ca/jobs/5142561-aml-compliance-program-manager?promotion=1208999-trackable-share-link-regulatoryjobssite

This position will remain open until filled. We thank in advance all candidates who respond; however, only those selected for interviews will be contacted.

About CPABC

The Chartered Professional Accountants of British Columbia (CPABC) is the training, governing, and regulatory body for over 40,000 CPA members and 6,000 CPA students and candidates. CPABC carries out its primary mission to protect the public by enforcing the highest professional and ethical standards and contributing to the advancement of public policy. CPAs are recognized internationally for bringing superior financial expertise, strategic thinking, business insight, and leadership to organizations. CPABC is proud to have been presented with a fifth consecutive BC Top Employer award in 2024.