Help us boldly shape retail in Canada

Canadian Tire Corporation’s (CTC) rich heritage of serving Canadians from coast-to-coast dates back to 1922. Our vision is to become the #1 retail brand in Canada and we are focused on innovating and making important investments in our business, especially when it comes to our people. To reach our goal, we need the best talent to help us evolve and drive change across the business – and boldly help shape Canada’s retail industry. As we strive to be at the forefront of a complex and vastly changing retail industry, it is an exciting time to join the Canadian Tire family of companies.

The Chief Anti-Money Laundering Officer (“CAMLO”) is responsible for the development, implementation and management of CTB’s Anti-Money Laundering (“AML”) / Anti-Terrorist Financing (“ATF”) Program and oversight of CTB’s compliance with applicable AML/ATF laws and regulations. The AML/ATF Program should be guided by a prudential risk management approach aligned to the scope and complexity of CTB’s business operations. #LI-FM1

At Canadian Tire we work flexibility embracing ‘Hybrid’ whereby individuals utilize a combination of working at a CTC campus and or virtually in service of outcomes. Determined by managers, decisions around work location will be made based on business and team needs and grounded in a desire to support individual well-being and personal needs. Our goal is to empower teams and individuals to make the right decisions for them, and we expect that to look different for everyone.

What you’ll do

• Develop AML/ATF policies and procedures and ensure those are kept up to date, reviewed and approved;

• Implement procedures for identifying, assessing, communicating, managing and mitigating AML/ATF risks;

• Provide oversight, review and challenge of AML/ATF related processes across CTB business units;

• Provide subject matter expertise to guide business units in identifying, assessing and managing AML/ATF risks and establishing required processes and controls;

• Oversee the processes and systems to conduct ongoing monitoring of customer relationships and file relevant reports to the Financial Transaction and Reports Analysis Centre of Canada (“FINTRAC”);

• Oversee enhanced due diligence processes for high-risk customers, including the approval of relationships with politically exposed foreign persons and heads of international organizations;

• Provide regular reporting to Senior Management and the Board on the status of CTB’s AML/ATF Program including any significant issues, risks and recommendations;

• Review new products, services, technologies and/or relevant process changes ensuring compliance with the applicable AML/ATF laws, regulations and regulatory guidelines;

• Maintain oversight of any AML/ATF activities outsourced to other business units within Canadian Tire Corporation or other third-party service providers;

• Develop and oversee employee training programs related to AML/ATF and raise awareness of CTB’s AML/ATF risks and obligations;

• Liaise with regulatory agencies including FINTRAC and the Office of the Superintendent of Financial Institutions (“OSFI”) as applicable

• Maintain knowledge AML/ATF regulatory requirements and external trends;

What you bring

• 8 to 10 years of experience in compliance/AML within retail banking

• ACAMs (certified AML Specialist) or ACFS (certified Financial Crime Specialist) is preferred

• People Management / Leadership - lead a team of employees to achieve a sound AML/ATF Program consistent with CTB values, strategies and core programs

• Risk Management - ensure CTB has a sound AML/ATF Program guided by a prudential risk management approach

• Relationship Management - the CAMLO shall be the key liaison and work closely in collaboration with internal and external stakeholders, including, but not limited to:

  • Board of Directors, CTB

  • Governance, Conduct Review and Market Conduct Committee, CTB

  • President and Chief Executive Officer, CTB

  • Chief Compliance Officer, CTB and Corporate Compliance team

  • Chief Risk Officer, CTB and Enterprise Risk Management team

  • Vice Presidents, CTB

  • CTB Fraud Prevention and Strategy team

  • Fraud and Financial Crimes team

  • Regulatory Agencies (including OSFI and FINTRAC)

  • Internal Audit Services and other risk management functions

  • Other (e.g. banks, industry associations)

Canadian Tire and its family of companies are boldly shaping retail in Canada and we continue to deliver a positive experience for our customers. As one of the most trusted brands in Canada, our employees take pride in the work we do across the country. It’s more than the iconic triangle that keeps our employees around. From benefits and perks, to learning and development opportunities, to our commitment to Jumpstart – these are some of the many reasons why Canadian Tire Corporation is one of Canada’s Best Managed Companies .

To learn more about this team and the Canadian Tire family of companies follow us on LinkedIn .

Canadian Tire is an equal opportunity employer. We are committed to a diverse and inclusive workplace for all. We recognize that our future success depends on the perspectives and contributions of all our employees - their diverse backgrounds, abilities and experiences make our business stronger. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.