Senior AML Investigator (6-Month Contract)

Haventree Bank•Toronto, ON

2d•Hybrid

About The Position

Haventree Bank is a Schedule I Canadian bank dedicated to advancing financial security and upward mobility for Canadians underserved by traditional financial services. Through our broker-distributed alternative mortgage and GIC solutions, as well as our growing digital banking platform, we provide straightforward products that support long-term financial well-being and meaningful growth. As a CDIC-insured, federally regulated bank, we offer the trust and stability of a traditional financial institution while embracing the innovation and customer-first mindset of a modern digital bank. If you're looking for a place where your work has a direct impact, your ideas are valued, and innovation is encouraged, Haventree Bank is the place for you. Reporting to the Director, AML Compliance, the Senior AML Investigator is responsible for identifying, escalating, and mitigating money laundering and terrorist financing risk related activities. The Senior AML Investigator must have a deep understanding of money laundering regulations, methods, schemes and trends, combined with a strong analytical mindset and familiarity with analytical techniques.

Requirements

The position requires a university degree and a professional designation in Anti-Money Laundering (ACAMS, CAMLI, ACFCS), Certified Fraud Examiner or accounting designation.
3-5 years’ experience in the financial services or banking industry.
Excellent knowledge of Anti-Money Laundering/Anti-Terrorist Financing compliance with experience using FINTRAC’s Web Reporting Tool.
Practical and proven experience with compliance and fraud investigations.
Knowledge of mortgage and deposit products.
Familiarity with independent broker distribution channel

Responsibilities

Conducts detailed investigations into instances of suspected AML and fraud related risks.
Prepares case files and maintains appropriate records of all investigations conducted including descriptions of the incident, evidence collected, conclusions reached, and actions taken.
Recommends changes to operating practices and procedures to mitigate risks identified through investigative findings.
Develops and delivers educational and training material for employees to ensure ongoing awareness of emerging risk patterns and trends.
Develops intelligence on AML/fraud trends from findings and outside sources to assist with effectively designing and implementing mitigation strategies to manage emerging risks.
Conducts compliance testing and risk assessments of business practices and/or procedures, including auditing of client files to verify compliance on an ongoing basis.
Prepares periodic compliance reports and maintains records, compliance files, logs, and issue tracking and management.
Assists with the maintenance of departmental compliance policies and procedures.
Assists with periodic internal account/customer reviews to identify potentially suspicious activity and ensure required diligence was collected.
Ensures timely and efficient investigation and completion of regulatory reporting.
Completes other duties and projects as may be assigned from time to time including, but not limited to, acting as back-up to colleagues.