AML Analyst

Story Behind the Need:• Business group: The GBM group is in charge of governance for the bank. The main function of the AML Analyst is to ensure efficient identification and monitoring of suspicious activities and transactions in the Bank and ensure timely reporting of suspicious transactions. The successful candidate will be supporting the UK and other regions to review their alerts.• Candidate Value Proposition: The successful candidate will not only have the opportunity to gain valuable experience at a top 5 Canadian bank, but they will also be able to work at Canada’s most global bank. The GBM AML Risk team is situated across the globe with teams in London, Singapore, LATAM, New York, Houston, and Canada.Typical Day in Role:Investigate and assess alerts for potential money laundering risks in the Bank.Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies, and developing trends.Report unusual transactions that could relate to money laundering or terrorist finance activities; may also assist with high-risk customer reviews.Compile documentation regarding suspicious activity (this includes contacting tellers, branch managers, branch operation specialists, and loan officers).Determine High-Risk customers for Enhanced Due Diligence.Assist in the development of in-person AML/Economic Sanctions Compliance Training for new employees.Advise management on current issues regarding correspondent banking.Conduct reviews of the alerts and exceptions generated by the transaction monitoring, name and payment screening, and negative news screening systems and/or other internal and external sources.Conduct UAT and BAT testing related to automated payment and trade monitoring systems, as well as rule enhancements.Assist in preparing regulatory submissions.Candidate Requirements/Must Have Skills:3-5 Years in Transaction Monitoring3 years experience in FIU Alert reviewStrong experience with Excel and PowerPointNice-To-Have Skills:Experience with OracleExperience with SQLACAMS certificateFINRA Series 7Soft Skills Required:Stakeholder managementExcellent coordination, organizational, time-management, and work skillsCommunicates clearly, articulately, and succinctly in both oral and written form, with the ability to communicate to all levels within the organizationEducation:• College DegreeCandidate Review & Selection:2 rounds of interviews1st round – 30 mins (conversational and behavioral)2nd round – case study where the candidate will have to provide a solution (candidate will have 3 situations; they pick one and present their solution) – quick and high level, mainly tested on presentation skills (45 mins)MS Teams Video InterviewsJob DetailsJob ID: 9761Contract Duration: 6 monthsLocation: Toronto #J-18808-Ljbffr