Senior Analyst, AML

PC Financial•Toronto, ON

4d•Onsite

About The Position

The Senior Analyst, AML FIU is responsible for executing the day-to-day operations related to AML/ATF activities like name-screening, transaction monitoring and adverse news monitoring, investigations of unusual activity escalations and filing of regulatory reports. The Senior Analyst ensures compliance with AML/ATF policies and procedures, as well as monitors adherence to Standard Operating Procedures by AML investigators.

Requirements

Minimum undergraduate degree, preferably in Business, Commerce or equivalent
Three to five years of AML/ATF operational experience at a Canadian Financial Institution
The candidate must have a Canadian compliance (AML/ATF) background and have a working understanding of the PCMLTFR and FINTRAC
An understanding of Financial Services is required
Proficient with Microsoft Office (Word, Excel, Access, PowerPoint) and internet navigation
Experience with name-screening and monitoring systems
Strong communication and interpersonal skills with the ability to foster and develop relationships both internally and externally with regulatory stakeholders
A good team player who is also able to work independently in a fast-paced environment
Ability to work in an agile environment which requires prioritization of individual duties to align with department priorities

Nice To Haves

CAMS certified or currently enrolled in the CAMS certification program would be an asset
experience with credit cards would be an asset

Responsibilities

Review results of name-screening and transaction monitoring escalations from outsourced partners to ensure quality standards are met
Make decisions on whether escalations require appropriate actions, such as approval by CAMLO or filing of a Suspicious Transaction Report with FINTRAC
Manage the Bank’s Enhanced Due Diligence process and timelines for all levels of risk as per Policy
Investigate and resolve sanctions, negative news and PEP alerts
Ensure proper investigation and resolution of unusual and suspicious transactions
Conduct and document Enhanced Due Diligence and monitoring activities for higher risk customers
Assist in ensuring that all AML/ATF related processes are documented and updated on a regular basis in accordance with company policies and standards
Maintain an up-to-date understanding of money laundering and terrorist financing issues, including policies, procedures, legislation and regulations, industry best practice, criminal typologies and developing trends
Assist the Manager, AML FIU in implementing the Banks’ AML/ATF program to ensure compliance with all Legislative and Regulatory requirements including PCMLTFA, associated Regulations and FINTRAC guidance