AML Operations - Analyst, Crypto

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Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3+ million users who trust us with more than $100 billion in assets.

Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.

The AML Operations team is responsible for the detection and mitigation of inherent and residual money laundering and terrorism financing risks. As a crypto AML/CTF subject matter expert, the Analyst will be responsible for managing alert and case investigations and contributing to the overall development and enhancement of Wealthsimple’s AML program. This role will require attention to detail, innovative thought, resourcefulness, and the ability to apply a rational, research-oriented approach to the work at hand.

In this role, you’ll have the opportunity to:

• Review and adjudicate alerts that are generated using standard policies, procedures, and tools aimed at meeting internal and external AML regulatory requirements.
• Alerts include, but are not limited to:
• (1) Cryptocurrency Transaction Monitoring alerts
• (2) Cryptocurrency AML Ledger Screening
• (3) Fiat Transaction Monitoring alerts
• (4) Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Lists
• (5) Unusual Transaction Reports (UTR)
• Document and report investigation findings and prepare comprehensive case files with required supporting documentation.
• Draft Suspicious Transaction Reports (STRs) and Large Virtual Currency Transaction Reports (LVCTRs) for filing to FINTRAC.
• Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover financial crime.
• Manage multiple alerts/cases at a time and maintain Service Level Agreements within specified time frames.
• Participate in bi-weekly calibration sessions with peers and relevant internal staff to shape and enhance the growth of the team and the AML program overall.
• Work collaboratively with peers and managers to help drive execution, meet quality and production goals and deadlines.

What You'll Bring:

• 1+ years of experience with a cryptocurrency exchange conducting AML/CTF and blockchain investigations. Working experience with blockchain investigation/analysis tools (such as Chainalysis) is a must-have to apply.
• 2+ years of AML/CTF experience with a financial institution or financial services company.
• Thorough understanding of AML/CTF risks and regulations, and crypto crime typologies.
• Knowledge of transaction monitoring and name screening processes.
• Experience performing AML/CTF investigations including writing detailed cases, providing recommendations, and filing of regulatory reporting.
• Have a high level of precision and attention to detail.
• Investigative mentality; identifies gaps and challenges, asks the right questions at the right time, and looks beyond the obvious for solutions.
• Ability to do independent research.
• Resourceful, persistent and able to thrive in a fast paced environment.
• Ability to take ownership with a proactive, not reactive, approach.
• Great communication skills, both verbally and via written reports.
• Passionate about technology, and eager to grow in the crypto and AML industries.

🤑 Competitive salary

📈 Retirement savings matching plan using Wealthsimple for Business

🌴 Generous PTO offerings

🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)

We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

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