Vice President & Chief Anti-Money Laundering Officer (CAMLO)

The Work

The Chief Anti-Money Laundering Officer (CAMLO) is responsible for developing, implementing, and overseeing EQB’s enterprise-wide Anti-Money Laundering, Anti-Terrorist Financing, and Sanctions compliance program. The CAMLO’s purpose is to protect the bank and its subsidiaries from being used for illicit activities – such as money laundering, terrorist financing, or sanctions evasion – by ensuring full compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated regulations, as well as all guidance from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

In the context of EQB’s fintech-forward and digital banking operations, the CAMLO establishes controls that enable customer convenience and innovation while vigilantly guarding against financial crime. The ultimate mandate of this role is to maintain the integrity of the bank’s operations and the broader financial system by effectively managing ML/TF risk and satisfying regulatory expectations, thereby safeguarding EQB’s reputation and regulatory standing.