AML Analyst-(Hybrid)

Central 1•Vancouver, BC

2d•CA$50,000 - CA$56,000•Hybrid

About The Position

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. The AML/ATF Analyst is a key member of Central 1’s Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) team that provides AML/ATF services to participating credit unions as clients. The AML/ATF Analyst is responsible for the timely and accurate filing of prescribed transactions (Large Cash Transaction Reports, Electronic Funds Transfer Reports) to FINTRAC and investigating watch list alerts on behalf of its clients. In this role, accuracy and timeliness, and strong teamwork skills are important factors, as you are processing large volumes of repetitive work and working with multiple clients.

Requirements

Post-secondary education an asset.
Certified Anti-Money Laundering Specialist (CAMS) or similar designation, or a commitment to obtain such a designation within one year of being hired.
Minimum 2 years of relevant financial crimes experience, preferrable relating to AML/ATF compliance.
Experience and/or knowledge in the use of technology-based AML/ATF monitoring software solutions, preferably Verafin or Navaera.
Proven analytical and problem-solving skills to analyze AML/ATF related alerts, data and patterns to identify money laundering or terrorist financing risks.
Sound knowledge and understanding of analysis principles, methodologies, tools, and techniques.
Proven ability to make sound judgements based on analysis.
Highly collaborative.
Strong ability to communicate effectively both orally and in writing with clients, technical teams, external partners, and internal partners.
Solid ability to conceptualize, develop and present new ideas, approaches, and solutions.
Strong ability to make sound decisions.
Exceptional attention to detail and accuracy.
High capability of working in a fast-paced dynamic environment.
High capability to provide excellent service to clients.
Strong ability to engage the right stakeholders when needed.
Strong ability to work independently.
Excellent team player, including capable of learning and sharing knowledge with internal and external stakeholders.
Excellent organizational skills including prioritizing, scheduling, time management, and meeting deadlines.
Strong ability to multitask and handle conflicting priorities simultaneously.

Responsibilities

Ensure timely and accurate filing of prescribed transactions to FINTRAC on behalf of clients.
Demonstrate accuracy in processing information relating to Large Cash Transaction alerts/reports, Electronic Funds Transfer alerts/reports, and watchlist alerts/matches.
Identify unusual activities and behaviors across multiple products, referring all transactions that may relate to money laundering or terrorist financing for further investigation or reporting as outlined in documented processes and protocols.
Assist and support participating clients with AML/ATF related enquiries.
Maintain a current understanding of money laundering and terrorist financing issues, including: Central 1’s policies/procedures, regulations, and industry best practices.
Ensure adherence to our code of Business Conduct and Ethics.
Support Senior AML Analysts and the broader team as required.
Ensure a positive work environment.
Support company goals and objectives.
Create an environment oriented towards trust, open communication, creative thinking and cohesive team effort.
Act as a positive change agent to continually improve operations and services to clients.
Identify, research and promote business opportunities to help Central 1 increase its presence in the AML/ATF services marketplace.
Perform additional duties, projects or tasks as required operationally.

Benefits

Work-life flexibility
Hybrid work environment
Variable annual incentive plan
Generous annual vacation allotment
Top-notch flexible benefits plan including family building and gender affirmation
Retirement Plan, matched contributions at 6%
Access to a learning platform and educational assistance support
Access to a virtual wellness platform
Career development opportunities
Wellness Flex Fund to support personal interest and activities
Day off to volunteer in your community and other paid time off options
Corporate discounts