Co-op Student - Legal & Compliance

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other.

The Opportunity: At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes.

If you're looking for purpose-driven work in a collaborative and inclusive environment where your voice is heard, and your growth is encouraged we’d love to connect! We are looking for a Co-op Student, Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AML/ATF) to join our Compliance team!

The Compliance Analyst, AMLATF will support the Compliance department’s AML/ATF program for all business units. Key responsibilities include investigating monitoring alerts and reports and executing daily screening of clients to ensure the Company effectively meets regulatory requirements and managing related process documentation and internal reporting.

Join one of the region’s top employers and be part of something that truly makes a difference.

Work Arrangements:  This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

Important Application Instructions: This role is open only to students currently enrolled in a formal co-op program through their post-secondary institution.

To confirm your eligibility, please upload proof of co-op enrollment (e.g., a letter from your school or a screenshot from your student portal, Work Term Record/Transcript etc.).

You will have the option to upload this document during the Candidate Information section at the bottom of the application form. Applications without proof of co-op eligibility may not be considered.

What you’ll do:

• Investigate due diligence monitoring alerts/reports, high risk clients, and suspicious transaction reports.
• Execute daily scanning of clients and beneficiaries against sanctions/terrorist lists and adverse media, and remediate related alerts
• Document and maintain procedures for the AML/ATF program related to trending and analysis, exception reporting, investigative processes, and applicable internal reporting.
• Support development of training on AML/ATF matters, including specialized training as required for business units and Compliance
• Handle extremely sensitive materials with the strictest confidentiality and privacy. 

What you’ll bring:

• Well-developed research, analytical, problem solving and decision-making skills 
• Highly developed written and oral communication skills
• Experience using spreadsheet and database software (e.g. Excel, PowerBI)
• Knowledge of life insurance and investment products would be an asset
• Experience with using or maintaining AML/ATF or similar systems, or analyzing, designing and monitoring controls would be an asset

What’s in it for you:

• Career Growth: Regular learning sessions and development opportunities, plus our Co-op Student Buddy Program, “Equitable Crew”
• Total Rewards: Allowance provided in place of vacation pay and benefits
• Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach
  
  
  

At Equitable, we’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at careers@equitable.ca. We’re happy to help.

Your base pay will follow your school’s recommended co-op earnings guidelines, ensuring fair and consistent compensation for your placement.

If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included.

Position Title: Co-op Student, Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AML/ATF)
Reports To: Director, Compliance  
Department: Compliance  
Term: Jan 2027 – April 2027

This position is open and we are excited to find the right person to join our team. 
 
As part of the recruitment process, you will need to go through background screening, as per our company policy. 

#LI-Hybrid