Job Title: AML Analyst
Location: Toronto, ON (Hybrid - 2x per week in office, flexible)
Duration: 12 months
Contract Type: T4 only
Pay Rate: CA$31.03/Hour
Working Hours: 9-5pm/37.5hrs/wk (flexible between 8am-5:30pm)
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 (demarketed).
- Successful candidates will ideally have banking backgrounds/knowledge, be highly organized, and able to ramp up to support 50-70 cases at time.
Role Responsibilities Include (but are not limited to):
- 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 relevant experience
- Knowledge of risk and regulatory requirements as they apply to financial crimes is an asset.
- Knowledge of banking products, services, processes, and organization is an asset.
- Previous banking experience preferred.
- Specialized knowledge from education and/or business experience.
- Verbal \& written communication skills - In-depth.
- Comfortable in a fast paced/high volume environment (supporting 50-70 cases at a time)
- ACAMS certified or equivalent (preferred)
