Compliance Officer II (Winnipeg or Steinbach)
Top Benefits
About the role
Build a rewarding career with Steinbach Credit Union
Steinbach Credit Union (SCU) is one of Manitoba’s largest credit unions and among the top 10 in Canada, with over $10 billion in assets. For the past 80 years, we have worked with our members to create relationships based on trust and support. Our goal is to provide advice and recommend products and services that are tailored to meet every member’s individual needs.
Our member-centric approach is a key driver in everything we do, and our level of service is second to none. We provide an environment of trust in which members feel comfortable doing business and they will recommend us to their family and friends. For more information, please visit our website.
An exciting opportunity awaits!
We currently have an opportunity for two Compliance Officer IIs to join our team in either our Winnipeg or Steinbach branch. As the Compliance Officer II, you will ensure that all organizational financial transactions and controls adhere to policies and guidelines set forth by provincial and federal regulatory bodies.
Specific Responsibilities:
- Analyze fraud/money laundering alerts to identify non-compliance and/or potential fraudulent activity and recommend corrective action to leadership
- Conduct due diligence and transactional behavior reviews and take appropriate regulatory action, filing reporting to FINTRAC where necessary
- Oversee compliance with FINTRAC reporting requirements, responding to audit inquiries when necessary
- Update and maintain departmental data/reports for tracking and record-keeping
- Compile relevant information and/or prepare detailed incident reports for investigative bodies
- Evaluate risk based on specific criteria, re-evaluating at fixed intervals or in response to new information
- Maintain thorough knowledge of and adhere to credit union policies/procedures and all other legislative requirements in the areas of risk management, security and fraud prevention and PCMLTFA
- Respond to inquiries from staff, regulators and/or law enforcement agencies and resolve questions and concerns wherever possible, referring more complex issues to the leadership
- Develop and oversee training initiatives related to current trends in money laundering, terrorist activity and fraud
- Support and train front line teams to develop and maintain a strong compliance program
Qualifications:
- Grade 12 diploma plus two years of formal business-related education or equivalent,
- 4 to 6 years of financial services industry related experience, or an equivalent combination of education and experience.
- Intermediate knowledge of compliance policies, procedures and practices
- Intermediate understanding of credit union operations
- Knowledge of regulatory requirements and legislation would be considered an asset
- Demonstrated analytical and decision-making skills
- Demonstrated prioritization, organization/ time management skills
How we'll reward you
You can look forward to joining an organization that values teamwork and its membership. You will receive a competitive annual salary based on skills and experience. In addition, you will be eligible for variable compensation and matched pension plan per SCU policies. You will also receive a great host of benefits, including:
- Extended medical, dental, vision benefits, plus a health spending account (100% of premiums are paid by SCU)
- Critical Illness insurance, Life insurance, AD&D insurance, and Employee Assistance programs
- Employee Banking benefits (i.e. free chequing account, low interest MasterCard, bonus rate on deposit and lending products)
- Opportunities for professional development
- Clothing allowance
- Free parking at all locations
Accessibility and inclusivity
We believe our employees should represent the diversity of our members and the communities in which we live and serve. If you require an accommodation for the recruitment or interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we’ll work with you to meet your needs.
Closing Date: September 14, 2025
We are committed to employing a diverse workforce and encourage all qualified individuals to apply. We thank all candidates for their interest, however, only those selected for an interview will be contacted.
About Steinbach Credit Union
SCU (Steinbach Credit Union) is one of Manitoba’s largest credit unions and among the top 10 in Canada, with over $9.5 billion in assets. For nearly 85 years, we have worked with our members to create relationships based on trust and support. Our goal is to provide products and services that are tailored to meet every member's individual needs in the best way possible. SCU is proud to be recognized as one of Canada’s Best Employers for Recent Grads for 2023. Find out why, at Canada's Top 100 The Career Directory 2023 or visit SCU's Careers for current opportunities.
Compliance Officer II (Winnipeg or Steinbach)
Top Benefits
About the role
Build a rewarding career with Steinbach Credit Union
Steinbach Credit Union (SCU) is one of Manitoba’s largest credit unions and among the top 10 in Canada, with over $10 billion in assets. For the past 80 years, we have worked with our members to create relationships based on trust and support. Our goal is to provide advice and recommend products and services that are tailored to meet every member’s individual needs.
Our member-centric approach is a key driver in everything we do, and our level of service is second to none. We provide an environment of trust in which members feel comfortable doing business and they will recommend us to their family and friends. For more information, please visit our website.
An exciting opportunity awaits!
We currently have an opportunity for two Compliance Officer IIs to join our team in either our Winnipeg or Steinbach branch. As the Compliance Officer II, you will ensure that all organizational financial transactions and controls adhere to policies and guidelines set forth by provincial and federal regulatory bodies.
Specific Responsibilities:
- Analyze fraud/money laundering alerts to identify non-compliance and/or potential fraudulent activity and recommend corrective action to leadership
- Conduct due diligence and transactional behavior reviews and take appropriate regulatory action, filing reporting to FINTRAC where necessary
- Oversee compliance with FINTRAC reporting requirements, responding to audit inquiries when necessary
- Update and maintain departmental data/reports for tracking and record-keeping
- Compile relevant information and/or prepare detailed incident reports for investigative bodies
- Evaluate risk based on specific criteria, re-evaluating at fixed intervals or in response to new information
- Maintain thorough knowledge of and adhere to credit union policies/procedures and all other legislative requirements in the areas of risk management, security and fraud prevention and PCMLTFA
- Respond to inquiries from staff, regulators and/or law enforcement agencies and resolve questions and concerns wherever possible, referring more complex issues to the leadership
- Develop and oversee training initiatives related to current trends in money laundering, terrorist activity and fraud
- Support and train front line teams to develop and maintain a strong compliance program
Qualifications:
- Grade 12 diploma plus two years of formal business-related education or equivalent,
- 4 to 6 years of financial services industry related experience, or an equivalent combination of education and experience.
- Intermediate knowledge of compliance policies, procedures and practices
- Intermediate understanding of credit union operations
- Knowledge of regulatory requirements and legislation would be considered an asset
- Demonstrated analytical and decision-making skills
- Demonstrated prioritization, organization/ time management skills
How we'll reward you
You can look forward to joining an organization that values teamwork and its membership. You will receive a competitive annual salary based on skills and experience. In addition, you will be eligible for variable compensation and matched pension plan per SCU policies. You will also receive a great host of benefits, including:
- Extended medical, dental, vision benefits, plus a health spending account (100% of premiums are paid by SCU)
- Critical Illness insurance, Life insurance, AD&D insurance, and Employee Assistance programs
- Employee Banking benefits (i.e. free chequing account, low interest MasterCard, bonus rate on deposit and lending products)
- Opportunities for professional development
- Clothing allowance
- Free parking at all locations
Accessibility and inclusivity
We believe our employees should represent the diversity of our members and the communities in which we live and serve. If you require an accommodation for the recruitment or interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we’ll work with you to meet your needs.
Closing Date: September 14, 2025
We are committed to employing a diverse workforce and encourage all qualified individuals to apply. We thank all candidates for their interest, however, only those selected for an interview will be contacted.
About Steinbach Credit Union
SCU (Steinbach Credit Union) is one of Manitoba’s largest credit unions and among the top 10 in Canada, with over $9.5 billion in assets. For nearly 85 years, we have worked with our members to create relationships based on trust and support. Our goal is to provide products and services that are tailored to meet every member's individual needs in the best way possible. SCU is proud to be recognized as one of Canada’s Best Employers for Recent Grads for 2023. Find out why, at Canada's Top 100 The Career Directory 2023 or visit SCU's Careers for current opportunities.