The financial services industry is undergoing significant disruption driven by consumer demand for new and innovative products and services, more robust security and an enhanced, seamless user experience.
As one of Canada’s fastest growing digital banks, WealthONE opened in 2016 to provide unique financial solutions to help Canadians achieve their financial goals.
Position Summary
Reporting to the Director, Banking Operations, the Deposit Account Administrator is responsible for a portfolio of deposits and following deposit guidelines and protocols in accordance with AML regulations. The Deposit Account Administrator administers the daily posting of deposits, generate confirmations, and follow data quality control measures to ensure accuracy.

Key Responsibilities

• Provide exceptional client service with the processing of GIC applications received by reconciling the attached deposit slips and cheques with the Bank, processing according to the date of deposit, and ensuring accurate processing into the banking system.
• Ensure that GICs are processed accurately, and AML requirements are met.
• Follow AML procedures on all files with an emphasis on KYC rules and comply with company policies regarding the privacy of client information.
• Complete all daily processes timely and efficiently, e.g., required management signatures and approvals.
• Proactively identify actual and potential violations of AML regulatory requirements, internal policies, and procedures, or other AML/ATF risk situations at an early stage.
• Report and escalate issues to the Manager.
• Handle incoming and outgoing communication and inquiries from clients and brokers.
• Make an impact by getting things done, focusing on what matters, owning, and delivering superior results for all stakeholders in both the short- and long-term.

Who You Are

• You engage with purpose, sound judgement, and professionalism to find the right solutions. You go the extra mile because it’s the right thing to do.
• You’re passionate about people. You like to build relationships and trust through respect, accountability, and authenticity.
• You are an industry professional with a Diploma or degree in AML, Banking, or Deposit Administration. As a professional, you have 3+ years of experience as an administrator or analyst role, preferably within the retail banking industry.
• You are knowledgeable about financial regulatory requirements on deposit products, AML, and Compliance.
• You have strong customer service, interpersonal relationship building, and listening skills.
• You have what it takes and are energized by a fast-paced, dynamic working environment where teamwork is key to success.
• You know that attention to detail and discretion when dealing with confidential and sensitive information matters.
• As a creative problem solver, you know how to analyze data to better understand potential risks, concerns, and outcomes of decisions.

What You Need to Know

At WealthONE, our people are our greatest asset. You’ll become part of a diverse and growing team that acknowledges everyone’s unique talents to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home.
• Connect: Work in a place that fosters creativity and collaboration.
• Develop: Apply your skills and grow your career in a young, fast-growing environment.
• Prosper: Share in our collective success with a competitive salary, incentive pay, and excellent health benefits program.

WealthONE is an equal opportunity employer committed to creating an inclusive environment where all team members and clients feel like they belong.
While we are based in Toronto, however this role can be conducted from any location across Canada. Our preference is for the incumbent to be Toronto based as work in the Toronto Head Office may be required. You also need to be legally eligible to work in Canada.
To learn more, please visit us at Wealth One Bank of Canada - About Us (https://www.wealthonebankofcanada.com/Personal/AboutUs/

Key Responsibilities

• Provide exceptional client service with the processing of GIC applications received by reconciling the attached deposit slips and cheques with the Bank, processing according to the date of deposit, and ensuring accurate processing into the banking system.
• Ensure that GICs are processed accurately, and AML requirements are met.
• Follow AML procedures on all files with an emphasis on KYC rules and comply with company policies regarding the privacy of client information.
• Complete all daily processes timely and efficiently, e.g., required management signatures and approvals.
• Proactively identify actual and potential violations of AML regulatory requirements, internal policies, and procedures, or other AML/ATF risk situations at an early stage.
• Report and escalate issues to the Manager.
• Handle incoming and outgoing communication and inquiries from clients and brokers.
• Make an impact by getting things done, focusing on what matters, owning, and delivering superior results for all stakeholders in both the short- and long-term

At WealthONE, our people are our greatest asset. You’ll become part of a diverse and growing team that acknowledges everyone’s unique talents to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home.
• Connect: Work in a place that fosters creativity and collaboration.
• Develop: Apply your skills and grow your career in a young, fast-growing environment.
• Prosper: Share in our collective success with a competitive salary, incentive pay, and excellent health benefits program