AML Compliance Manager

Position Summary Reporting to the Chief Compliance Officer (CCO), the Compliance Manager is responsible for advancing and maintaining Arctic Co‑operatives Limited’s enterprise-wide Compliance Regime, with a core focus on meeting obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) , the Retail Payment Activities Act (RPAA) , and the Personal Information Protection and Electronic Documents Act (PIPEDA) .

The Compliance Manager ensures Arctic Co-operatives’ business practices remain aligned with all applicable regulatory, legislative, and governance requirements. The role also provides guidance and support to Member Co-operatives where Arctic Co-operatives’ business intersects with their operations, consistent with Arctic Co-operatives’ values and service model, and at the direction of the CCO.

Duties and Responsibilities
Implementation of Arctic Co-operatives’ Compliance Regime
To facilitate, monitor, and ensure that Arctic Co-operatives carries out its operations in full compliance with applicable Federal, Territorial/Provincial legislation, regulatory requirements, and internal policies, with primary accountability for Arctic Co-operatives PCMLTFA, RPAA, and PIPEDA frameworks.
Lead the implementation and enhancement of the Arctic Co-operative Compliance Regime, ensuring alignment with organization-wide governance structures and the values of the Co‑operative.
Establish and maintain compliance policies, procedures, and controls consistent with PCMLTFA, RPAA, PIPEDA, and related regulatory expectations.
Support Finance, Legal, HR, Technology, and Operational departments to embed compliance into daily business practices.

PCMLTFA / AML Compliance
Oversee AML program requirements, including risk assessment, training, reporting, recordkeeping, and controls.
Ensure timely and accurate reporting to FINTRAC, including suspicious transactions, large cash reporting, electronic funds transfers, and ongoing monitoring outcomes.
Coordinate AML audits, reviews, and examinations and support remediation.
Identify emerging AML risks and support the assessment of new business initiatives or Member Co‑operative programs where AML impact may arise.

RPAA Compliance
Implement and maintain the Arctic Co-operatives’ Compliance Regime under the Retail Payment Activities Act, ensuring operational risk management and safeguarding requirements are met.
Oversee incident management, reporting, and documentation obligations.
Collaborate closely with Finance and Technology teams to ensure payment process integrity and regulatory alignment.

PIPEDA / Privacy Compliance
Administer privacy compliance processes, including privacy policies, data handling practices, records retention, breach response protocols, and training.
Conduct privacy impact assessments for new tools, technologies, or operational processes.
Provide guidance to departments and leadership on privacy obligations and support responses to privacy incidents or regulator inquiries.

Governance, Risk & Internal Oversight
Develop, review, and maintain governance and risk management policies aligned with Arctic Co-operatives’ strategic priorities and compliance obligations.
Prepare compliance reporting for the CCO, General Counsel, Senior Leadership, and the Board of Directors as required.
Lead internal audits and investigations within the compliance portfolio and support corrective action planning.
Monitor enforcement of standards and escalate areas of non‑compliance, ensuring issues are addressed promptly and constructively.

Training, Communication & Organizational Culture
Work with the Co-operative Learning Centre (CLC) to develop and deliver organization‑wide compliance training tailored to regulatory requirements and Arctic Co-operatives’ operational realities.
Promote a culture of accountability, integrity, and continuous improvement consistent with Co‑operative values.
Communicate emerging regulatory changes to internal stakeholders and support operational adaptation.

Stakeholder & Member Co‑operative Support
Provide guidance to Member Co‑operatives, as authorized by the CCO, on compliance matters intersecting with Arctic Co-operatives’ operations.
Serve as an internal resource to staff, leadership, and departments for questions related to AML, payments, privacy, and governance.

Qualifications
Education & Experience
Post‑secondary degree in business, finance, accounting, audit, law, or related field; an equivalent combination of education and experience may be considered.
Minimum 3–5 years of compliance or regulatory audit experience, preferably involving AML, payment services, or privacy.
Solid understanding of governance, risk management, and control processes.
Experience supporting compliance functions in retail, financial services, or operationally complex environments preferred.

Knowledge & Skills
Strong working knowledge of PCMLTFA, RPAA, PIPEDA, and other relevant regulatory frameworks.
Excellent analytical, problem-solving, and organizational skills, with strong attention to detail.
High level of integrity, confidentiality, and accountability.
Strong interpersonal skills and the ability to work collaboratively across departments and levels of the organization.
Highly developed communication skills (verbal and written).
Ability to travel to the Arctic as required.

Competencies
Ability to interpret and implement policy and legislative requirements in a practical, operational manner.
Sound judgment, diplomacy, and the ability to handle sensitive or complex issues.
Ability to manage multiple priorities in a fast‑paced environment with often changing demands.
Demonstrated commitment to personal development and continuous learning.