Senior AML Specialist

OANDA•Toronto, ON

About The Position

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. In this role, you will 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. You will also be a 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, is crucial. You will maintain an appropriate audit trail and documentation in all instances, to evidence/support the review and assessment of each onboarded applicant/query. You will act as a 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. You will operate effectively and efficiently in order to ensure that personal variable volume lead quantitative targets are met, as well as qualitative expectations. Additionally, you will identify areas for development in terms of operational process, systems, and individual training needs. Other duties as required.

Requirements

Two years of relevant experience working for an investment dealer.
A Designated Supervisor categorization. If the applicant is still on the process of getting the certification, they will be required to complete the proficiency requirements within 2-months of employment.
The ability to be registered as a supervisor with CIRO.
Conduct and Practises Handbook Course, Derivatives Fundamental Course, Futures Licensing Course, Investment Dealer Supervisors Course, Canadian Commodities Supervisor Examination or Series 3 Examination and Investment Dealer Supervisors Course.
Minimum 2 years experience in a client facing role.
Ability to work independently and multi-task with minimal supervision.
Excellent decision making, time management and organisational skills.
Strong written and verbal communication skills, and solution focused.
AML focussed, with firm grasp of the purpose of the underlying regulatory and legal requirements.
AML risk recognition, problem solving with maximum attention to detail.
Perform well under pressure.
Client focussed/centric approach.

Responsibilities

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, Application anomalies.
Ensure adherence to local regulations (eg: 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.
Act as 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 in order 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.