Risk Management Assistant
- Prince George, BC
- Contract
- Full-time
Duration: 6+ Months
Location: Remote/Hybrid (Prince Georgia, BC)Position Summary
The Risk Management Assistant I supports branch and operations teams by ensuring compliance with regulatory standards and implementing enterprise-wide risk management practices, particularly related to fraud prevention, AML/ATF legislation, and financial transaction monitoring.Key ResponsibilitiesSecurity & Fraud PreventionPrepare fraud case files and witness statements for law enforcement and third-party collection agenciesMonitor and manage debit card activity reports and fraudulent transaction alertsTrack and report losses related to fraud, forgery, employee errors, or system malfunctionsRespond to fraud alerts and suspicious activities generated by centralized fraud detection systemsCoordinate with branch and contact centre teams to resolve fraud-related issuesCompliance & AML MonitoringEnsure day-to-day compliance with AML/ATF regulations (e.g., Proceeds of Crime and Terrorist Financing Act)Review and approve wire transfers through secure payment systems (e.g., PSD Wires)Administer and manage alert queues, daily reports, and large cash transaction monitoring via VerafinConduct Fintrac reporting and monitor wires for accuracy and remediationPerform data integrity checks within the core banking systemCreate and manage risk scoring of industries, occupations, and non-standard account typesMonitor non-member transactions and escalate issues of non-compliance as neededOversee cash deposit reporting systems for branch complianceInvestigate unusual transactions and prepare suspicious transaction reports (STRs) for review and filingMonitor business relationships and beneficial ownership structuresAction alerts in enterprise risk management systems and perform account risk ratingsConduct behavior reviews of accounts categorized as high, medium, or low riskReportingTrack and update branch-level compliance requirements (e.g., robbery procedures, alarm systems) on a scheduled basisMonitor reports related to ATM transactions, remote deposits, lost/stolen cardsConduct internal account reviews, including EFTs, bill payments, cash advances, overdrafts, and account losses outside of loansEscalate discrepancies and non-standard limits to the risk and compliance managerSupport & Administrative DutiesRespond to CCTV surveillance requestsManage FATCA/CRS reporting and documentationReview risk ratings and compliance status of newly opened accountsPerform other duties as assignedKnowledge, Skills & AttributesAdvanced knowledge of Microsoft Office Suite (Excel, Word, Outlook)Advanced knowledge of accounting principles and core banking systemsProficient in Verafin for case and alert managementWorking knowledge of Dow Jones and Factiva for compliance researchHigh attention to detail and data accuracyStrong written and verbal communication skillsAbility to stay current with evolving regulatory and compliance standardsEducation & Experience2 to 3+ years of experience in regulatory compliance, financial services, or related fieldCompletion of Compliance Officer 101 from the Canadian Anti-Money Laundering Institute (CAMLI)Current CAMLI membership or equivalent combination of education and experience