AML​/ATF Specialist

About this opportunity

At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

The AML/ATF Specialist position is classified as a Level ll investigative role within a structured three-tier framework. The ideal candidate will be a seasoned AML/ATF professional and recognized subject‑matter expert, demonstrating a strong track record in executing complex investigations and performing enhanced due diligence (“EDD”) for both new and existing high‑risk Member relationships. Key responsibilities include managing a broad spectrum of investigations, encompassing matters related to FINTRAC initiatives (for example, human trafficking and ideologically motivated violent extremism), production orders, politically exposed persons (“PEP”), sanctions evasion, negative media, and high‑risk monitoring.

Prior experience in conducting EDD investigations involving complex corporate or entity structures is highly desirable and will be considered a significant asset.

Case Work:

• Complete EDD reviews of businesses and high‑risk clients such as PEPs, working with the lines of business to understand complex ownership and control structures.
• Analyze financial records/documents related to business accounts.
• Adjudicate cases from all sources and prepare and submit Suspicious Transaction Reports (“STR”) as necessary.
• Develop and execute risk assessment/scoring methods, processes, and risk mitigation activities relative to the risks identified, which may include novel scenarios.
• Demonstrate a comprehensive understanding of Know Your Member (“KYM”) profiles and effectively apply this knowledge to assess and manage risk profiles during case reviews.
• Conduct thorough examinations of cases in relation to Listed Person or Entity Property Report (“LPEPR”), and take appropriate action when applicable, including the freezing of accounts and filing LPEPRs in accordance with regulatory requirements.
• Support other operational tasks as required.

Program Support:

• Provide subject matter expertise and consulting to internal stakeholders including branch and Business Banking management.
• Develop and deliver AML/ATF training to a variety of audiences.
• Provide support in preparation for internal/external audits and Quality Control activities.
• Provide guidance and support to team members in the completion of their assigned tasks.
• Provide coaching and mentoring to peers where opportunities exist.
• Complete project work as assigned.

Knowledge:

• Strong understanding of FINTRAC’s Guidelines, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (“PCMLTFA”), and associated Regulations.
• Working-level understanding of the relevant provisions of the Criminal Code of Canada;
• Working-level understanding of the Personal Information Protection and Electronic Documents Act (“PIPEDA”);
• Expert-level understanding of Money Laundering/Terrorist Financing typologies and risk factors, including a demonstrated ability to keep up‑to‑date with emerging trends and risks;
• Expert-level understanding of financial products and services, operational policies, procedures, delivery systems, and risk management methodologies;
• Proficiency with MS Office suite (Word, Excel, PowerPoint);
• Proficiency with SQL or other database management and reporting software is an asset; and
• Experience working with an AML alert/case management system/software is an asset.
• Experience working with Artificial Intelligence (“AI”) is an asset.

Problem Solving

Skills:

• Ability to operate independently within agreed parameters and will contribute to the development of those parameters;
• Ability to multitask and judge multiple priorities in a fast‑paced environment;
• Ability to apply knowledge and experience to find novel solutions to unique challenges;
• Ability to demonstrate well‑reasoned judgment and critical thinking skills in unfamiliar situations;
• Ability to coach business partners through AML/ATF‑related challenges and influence outcomes; and
• Ability to provide guidance to other teammates with respect to…