Compliance - Analyst - AML Surveillance

Interactive Brokers Group • Montreal, QC

4d • Hybrid

About The Position

Interactive Brokers Canada Inc is looking for an Anti-Money Laundering (AML)/EDD Financial Intelligence Unit Analyst for its Montreal office. An excellent level of English is required to access documents, resources, and to communicate with our international affiliates. The analyst will review and analyze the account activity of the firm’s customers to identify potential offenses of money laundering and terrorist financing, in addition to other activities consistent with financial crime. IBKR does not use vendor solutions but builds its own proprietary surveillance capability, leveraging its historical proprietary trading background.

Requirements

• 2+ years of work experience in transaction monitoring of ML/TF risk and financial crimes, in particular concerning domestic and international payment activities, preferably gained at a large Securities Dealer, other financial institution or Self-Regulatory Organization (SRO);
• Experience identifying red flags/typologies associated with financial crimes;
• Experience filing Suspicious Transactions Reports and Gatekeepers
• Ability to understand and break down trading strategies
• A university/college degree is required. Acceptable majors include Finance, Accounting, Math, Computer Science or Law.
• Registered with CIRO as a Supervisor or the ability to complete the Supervisors Exam under the new Proficiency Model within 6 months upon hiring is required.
• ACAMS, CFCS, or other similar Compliance diploma or accreditation or the ability to complete it within 1 year upon hiring.
• High proficiency with desktop applications and MS Office suite of products is required.
• Self-motivated and able to handle tasks with minimal supervision.
• Ability to work in a small team as well as independently
• Superb analytical and problem-solving skills.
• Excellent collaboration and communication (Verbal and written) skills
• Outstanding organizational and time management skills.
• Have a "can do" attitude and willingness to keep learning.

Responsibilities

• Operate as part of a team of AML professionals conducting ongoing surveillance and investigations on client activities, where applicable, supporting management with escalations of identified material activity.
• Become proficient with the firm’s case management tool, to ensure all monitoring and reporting activities are effectively documented in compliance with internal standards and regulatory expectations.
• Execute a review of the client profile and activity history to determine whether there is a reasonable and appropriate rationale for the identified transaction(s).
• Document concise and consistent risk-based rationale for alert/investigation conclusions in line with internal and regulatory requirements.
• Perform work within the established timeframes and meet standards for Quality Assurance and Key Performance Indicator benchmarks.
• Assist in responding to queries/addressing escalations received from the 1LOD
• Assists in developing and implementing work paper templates, documentation standards, and processes for knowledge sharing across regional teams.
• Assist management in responding to external requests for information resulting from FIU activities and other ad-hoc obligations (e.g., collate MI Dashboards, support completion of any program assessments and process enhancements, etc.);
• Communicating and working closely with regional surveillance partners and business stakeholders to enable the effective exchange of information needed to facilitate a consistent risk-based approach across IBKR’s multiple markets and operating entities;
• Provide ongoing support in developing policies and procedures, executing Quality Assurance, and facilitating escalations and feedback.

Benefits

• Competitive salary package.
• Company RRSP contribution matching
• Annual performance-based bonus and stock grant
• Excellent health and wellness benefits, including medical, dental, and vision benefits
• Hybrid working model (4 days office/week)
• Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
• Education reimbursement and learning opportunities
• Modern offices with multi-monitor setups

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree