AML Analyst

Role

Title:

AML Analyst

Line of Business:
Personal and Business Banking

Contract duration: 12 months

Working hours:

37.5 hr per week, 9am-5pm targeted, however flexible between 8am-pm (8am-4pm, am-pm, am-pm)

Location:

3 days a week onsite (downtown Toronto)

Role Mandate:
The selected candidates will be assisting in ensuring that high-risk Personal and Business banking customers have complete Know Your Customer (KYC) and Enhanced Due Diligence (EDD) in place as required. They will be assessing KYC and EDD, documenting these in the proprietary case management system, and recommending whether a customer relationship should be approved (maintained) or declined (de-marketed). Successful candidates will ideally have banking backgrounds/knowledge, be highly organized, and able to ramp up to support 90- cases at time.

Team Structure:

Currently, the team has 6 direct peers with a broader team of 10. The work is mostly independent, but there is a healthy collaborative component – as such, candidates should have good interpersonal/team skills.

Role Responsibilities:

• Manage AML KYC personal/business requests for information (RFI), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requests from the AML FIU

• Analyze and assess KYC reviews that may be complex and require knowledge on several different product lines

• Document actions and information found throughout the KYC review to develop and maintain account/case files

• Analyze data and information to provide insights and recommendations

• Prepare reports, notifications and recommendations per guidelines and standards designed to minimize risk exposure

• Exercises judgment to identify, diagnose, and solve problems within given rules

• Works mostly independently.

• Broader work or accountabilities may be assigned as needed.

Must Have

Skills:

• 1-2+ yrs AML KYC experience

• Verbal & written communication skills important - candidates speech and writing should be clear and concise

• Comfortable in a fast paced/high volume environment (supporting 90- cases at a time)

• Specialized knowledge from education and/or business experience.

• Collaboration & team skills - In-depth.

• Analytical and problem-solving skills - In-depth.

• Influence skills - In-depth.

• Organized

• Detail Oriented

Nice to Have

Skills:

• Previous banking experience preferred.

• ACAMS certified or equivalent

• Knowledge of risk and regulatory requirements as they apply to financial crimes (FINTRAC)

• Postsecondary education

Interviews:

• 1 round, 45 minutes over teams or in person