Anti- Laundering Risk Analyst

Overview

Position Term:
Permanent, Full Time
Level: 8
Salary:
Min: $77,234 to Max: $90,867

Location:

Head Office, Toronto

iGaming Ontario leads the Province of Ontario’s dynamic internet gaming (igaming) market that, in its third year generated $83 billion in total wagers, a 31% increase over the previous year. This resulted in $3.2 billion in total gaming revenue from over 80 gaming sites. Ontario’s igaming market sustained almost 15,000 full-time equivalent jobs across the province. To achieve these results, iGaming Ontario is guided by its vision to Lead the World’s Best Gaming Market.

• Two Anti-Money Laundering (AML) Risk Analyst roles. The AML Risk Analyst is responsible for the collection and analysis of data to detect instances of suspicious transactions relating to money laundering or terrorist financing.
• Support the execution of the iGaming Ontario Enterprise Risk Assessment Program, including the creation and implementation of the risk assessment methodology, related systems and procedural and guidance documentation.
• Support the Manager, AML Risk in obtaining and reviewing information from igaming operators and other sources to properly assess compliance with AML obligations.
• Collect, analyze, and report on relevant requirements and data from internal and external data sources.
• Provide recommendations, insights, and best practices on AML/ATF requirements and risk assessment guidelines.
• Support iGaming Ontario’s AML team with the implementation and maintenance of the AML/ATF Risk Assessment Framework, enterprise AML risk assessment methodology and related tools under the guidance of senior management.
• Maintain awareness of regulatory expectations and global industry standards with respect to risk identification and assessment, and identify developments that may impact risk assessment methodologies.
• Ensure project-specific and ongoing data collection needs are identified and built into project delivery, working with the Manager, AML Risk and IT experts to verify technical needs.
• Communicate results and findings of system testing activities to stakeholders, including project management and information technology.
• Collaborate with team members to identify strengths, weaknesses, opportunities, and threats in relation to the AML risk assessment program.
• Collect and analyze data to detect potential threats and vulnerabilities and to detect instances of suspicious transactions relating to money laundering or terrorist financing.

• Post-secondary degree in a related field (analytics, law, finance, criminology, data mining, statistics, audit), or equivalent with 3+ years in an AML or compliance environment.
• Understanding of the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations and FINTRAC reporting requirements.
• Understanding of money laundering techniques and how they can be used in the gaming industry and strategies for detecting and addressing money laundering.
• Superior knowledge and demonstrated experience in the use of computer databases/programs and office technologies (e.g., Microsoft Office, Power BI).
• Experience in interpreting and applying legislation, policies, and procedures.
• Practical knowledge in developing analytical rules, policies, and operational plans.
• Research and analytical skills to gather and analyze information, and tactical analytical methods to organize and simplify data.
• Exposure to enterprise-level transactional data systems including data extraction, providing business requirements and testing.
• Ability to communicate effectively with business and technical stakeholder groups.
• Excellent organizational skills to coordinate and ensure priorities are established and deadlines are met.
• Excellent interpersonal skills for effective service delivery and to develop and maintain productive team and peer relationships.
• ACAMS designation an asset.

The posting for this position is for an existing vacancy. The successful candidate must be eligible to work in Canada and will be subject to a criminal background check.

iGaming Ontario has implemented a minimum four-day per week in-office schedule for this position and may implement a full return to office in 2026. The terms of iGaming Ontario’s Hybrid Work Policy are subject to change at any time, including its office location, the removal of the Hybrid Work Policy and a return to full-time in-office work.

• A comprehensive benefits program that includes dental, vision and drug coverage.
• Defined-benefit pension plan.
• Wellbeing account to support your mental, physical, and social wellbeing.
• Access to mental health benefits, free counselling, and support services.
• Professional development reimbursement.
• Paid volunteer time off.
• Paid parental leave top up.

iGaming Ontario is an inclusive and equal opportunity employer. Disability related accommodation during the recruitment process is available upon request.