AML Associate

OANDA•Toronto, ON

18h

About The Position

Fancy helping to shape the future of FinTech? We have always been innovators. In 1996 we were the first company to share exchange rate information, free of charge on the internet. Today, we are a world leading online trading group. Join us to: Help build the future of online trading, Be part of a culture driven by integrity and global impact, Become part of an award-winning company - check out our full list of awards here. We are only as good as our people. Luckily, our people are the best. Join us! The AML Team is responsible for the onboarding AML associated decisions across both North American Divisions (Canada and US), thereby ensuring that the onboarding of new clients is in adherence with relevant local regulations and legal requirements, in support of continued OANDA growth.

Requirements

Minimum two years of relevant experience acceptable to CIRO.
Designated Supervisor categorization; ability to be registered as a supervisor with CIRO.
Required Exams: Derivatives Exam and Supervisor Exam.
If the applicant lacks the proficiency requirements. The applicant is required to complete the proficiency requirements within 6-months of employment.
Post-Approval Requirement: Completion of CIRO’s mandatory Conduct Training.
Ability to work independently and multi-task with minimal supervision.
Excellent decision making, time management and organizational skills.
Strong written and verbal communication skills, and solution focused.
Minimum 2 years’ experience in a client-facing role.
AML focused with a firm grasp of underlying regulatory and legal requirements.
AML risk recognition, problem solving with maximum attention to detail.
Perform well under pressure and maintain a client-centric approach

Responsibilities

Collaborate and assist AML Associates with AML related decisions associated with onboarding and risk assessments; exercising both discretion and judgement, and after using initiative to conduct appropriate investigations:
Reviewing and assessing individual new account applications.
Reviewing and assessing corporate new account applications.
Reviewing and assessing new Affiliates/ IBs.
SME (subject matter expert) and point of referral/ escalation for personal information updates, deceased clients, closing accounts, joint accounts, power of attorney, and application anomalies.
Adherence to local regulations (e.g.: CIRO and NFA) and relevant AML laws, via adherence to procedures.
Maintain an appropriate audit trail and documentation in all instances, to evidence/support the review and assessment of each onboarded applicant/ query.
Local point of escalation for all referrals/ suspicions, and when necessary following investigations and use of initiative escalate to the Team Manager for further review and investigation.
Operate effectively and efficiently to ensure that personal variable volume lead quantitative targets are met, as well as qualitative expectations.
Identify areas for development, in terms of operational process, systems and individual training needs.
Other duties as required.