
Sanctions Monitoring Lead Officer
- Calgary, AB
- Permanent
- Full-time
- Manage the end-to-end process for approving or escalating alerted payments ensuring timely decision making and applying a risk based approach and regulatory expertise.
- For complex alerts, provide guidance on investigative steps, interpreting regulatory requirements while ensuring a well-documented risk based decision.
- Review and provide subject matter expertise on complex sanctions investigations in order to determine whether sufficient suspicion of sanctions evasion, financing of terrorism or other criminal activities exists.
- Maintain detailed records and documentation of investigations, decisions, and rationale.
- Escalate higher-risk or complex sanctions/PEP matters to the Senior Manager, providing clear summaries and recommendations.
- Support the refinement of sanctions screening rules and system tuning in collaboration with compliance technology partners to improve screening effectiveness.
- Lead initiatives to optimize queue management and investigative efficiency, including data analysis to support risk-based prioritization.
- Monitor and stay current on Canadian/global sanctions regulatory developments including changes to laws, regulations, and guidance issued by relevant authorities (e.g. OFAC, EU, UN, and other applicable jurisdictions), and assess their potential impact on the business and organization's operations.
- Contribute to enterprise-wide sanctions risk assessments and support reporting on sanctions trends, issues, and emerging threats.
- Assist in the development and maintenance of internal sanctions procedures and guidance documents.
- Collaborate with business lines, Legal, and other Compliance teams to provide advice on sanctions-related inquiries.
- Liaise with front line and operations teams to ensure timely handling of flagged payments and resolution of system alerts.
- Represent the Sanctions Monitoring Team in cross-functional projects as a subject matter resource for sanctions-related input.
- Lead the coordination and delivery of sanctions related requests in audit testing or regulatory exams.
- Contribute to sanctions-related training and awareness efforts across ATB.
- Stay informed of global developments in sanctions regimes (e.g., Canadian, US OFAC, UK OFSI, EU).
- Participate in knowledge-sharing sessions and team meetings to support a continuous learning environment.
- Bachelor's degree in a relevant field (e.g., finance, international relations, political science, law, or similar).
- 5-7 years of experience in sanctions compliance, AML, or financial crime risk, preferably in a financial institution.
- Experience handling sanctions-related investigations and/or sanctions screening alerts is strongly preferred.
- Proficiency with sanctions screening tools and transaction monitoring systems.
- Strong analytical and decision-making skills, with a detail-oriented approach.
- Comfortable interpreting regulatory guidance and applying it to real-world scenarios.
- ACAMS certification or progress toward certification is an asset.
- Sound judgment and ability to assess complex issues in a fast-paced, regulated environment.
- A collaborative mindset and a proactive approach to solving problems and improving processes.
- A passion for sanctions compliance and a commitment to upholding ATB's values and regulatory responsibilities.
- A strong ability to consider broader financial crimes risks including money laundering when assessing situations and making risk based decisions.
A resume only goes so far in expressing who you are and the unique perspectives you bring. If you believe your skills and experience align with the role-but you might not check all the boxes-we want to hear from you. We encourage candidates from all work backgrounds, equity-seeking communities and experience levels to apply. If you're seeking a career where your drive, perspective and growth are celebrated, we want to hear from you.We're dedicated to building a workforce reflective of those within our communities, and a culture where our team members are equipped with what they need to succeed-their way. Part of creating an inclusive workplace is recognizing our role in advancing Truth and Reconciliation. We are committed to meeting and exceeding the standards set out in the Partnership Accreditation in Indigenous Relations program created by the Canadian Council for Aboriginal Business.What happens next?
If you are shortlisted, you'll hear from us after the posting closes. Check out our How We Hire page to learn more about our hiring process. If you need any accommodations throughout this process, please let us know at talentteam@atb.comStay in touch
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