AML Analyst

  • Location: Toronto, Ontario
  • Type: Permanent
  • Job #1228

Our client is one of the Big 5 Banks looking for a AML Analyst for its team.

What will you do?

  • Apply high standards of accuracy and quality to daily AML/ATF alert reviews, and associated client risk assessments;
  • Collaborate with business partners, and Business Unit Compliance Officer team members, to identify high risk clients and complete enhanced due diligence measures;
  • Investigate unusual transactions and make recommendations regarding risk levels and subsequent regulatory filing, as required;
  • Identify and articulate continuous improvement opportunities to enhance effectiveness and efficiency of the program;
  • Contribute to the maintenance of the company AML/ATF Program Policies and Procedures;
  • Maintain up to date knowledge of AML/ATF regulatory requirements in order to provide guidance to business partners regarding related processes and procedures;
  • Actively participate in various AML/ATF compliance initiatives.

Must Have

  • A minimum of 2 years of experience in compliance, risk, audit, or related finance role in the financial services industry;
  • University degree in related field;
  • Interest in regulatory compliance, specifically AML/ATF regulation;
  • Strong written communication skills, with the ability to draft a recommendation to senior leadership and filings to regulators;
  • High degree of accuracy and attention to detail;
  • Ability to prioritize workload based on risk and associated deadlines;
  • Can collaborate well with teammates, while also working with relative autonomy;
  • Highly motivated self-starter with the ability to work without close supervision;
  • Proficient knowledge of Microsoft Office (Word, Excel, PowerPoint) and internet/web navigation research skills (eg. Open source).
  • Government Clearance (Reliability Status) is mandatory – only those with existing clearance or those willing to obtain will be considered

Nice to Have

  • Knowledge of insurance and wealth products and services, particularly within the company;
  • Certified Anti-Money Laundering Specialist (CAMS) certification, or willingness to obtain;
  • Bilingualism in any language in addition to English;
  • Prior experience in a high-volume financial transaction environment;
  • Understanding of AML/ATF regulatory requirements

*This position is open in anticipation of future hiring needs.