Anti-money Laundering Reporting Analyst - Toronto, Canada - iGaming Ontario

iGaming Ontario

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Position Term:
Contract (12 Months)

Level: 8

Salary:
$38.24 to $45.00/per hour

Location:
Head Office, Toronto/Hybrid

Application Deadline:
November 14, 2023

iGaming Ontario (iGO) has established a new online gaming (iGaming) market provided through private gaming companies.

Formed in July 2021, iGO is working collaboratively with the Government of Ontario and Alcohol and Gaming Commission of Ontario to bring the world's best igaming experiences to the province in a safer environment, helping to protect consumers and provide more choice.

iGaming Ontario is seeking an Anti-Money Laundering (AML) Reporting Analyst.

Reporting to the Senior Manager, Anti-Money Laundering, the Anti-Money Laundering Reporting Analyst is responsible for the accurate and timely submission of regulatory reports to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and assisting in the creation, implementation, and maintenance of iGaming Ontario's Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) Training Program.

This position also plays an important role in ensuring that iGaming operators and lines of businesses are compliant with AML/ATF obligations.

Review FINTRAC reports created by the Operators and iGaming Ontario, to ensure the completeness, consistency, and quality of information being reported.
Act as the primary FINTRAC F2R Verification and Submission Officer with authority to create and submit reports directly to FINTRAC on behalf of all iGaming Operators.
Submit applicable reports to FINTRAC within regulatory timeframes.
Monitor and track Operator performance and provide specific metrics to the Senior Manager, AML.
Support the Senior AML Analyst in forwarding highquality Suspicious Transaction Reports to FINTRAC and the OPP Investigation Enforcement Bureau (IEB).
Assist with the creation, implementation, and maintenance of the AML Training Program to ensure compliance with Proceeds of Crime (Money Laundering and Terrorist Financing) Act.
Develop educational and communication materials (e.g., job aids, bulletins) to create awareness internally and externally.
Assist in the development, implementation, and maintenance of a transaction reporting system that will allow batch reporting to FINTRAC.
Support the Senior Manager, AML in obtaining and reviewing information from iGaming Operators and other sources to properly assess compliance with AML obligations.
Analyze data for potential issues and trends.
Assist in the creation of monitoring and testing programs to ensure the Operators are compliant with the regulatory requirements.
Assist in the design and preparation of reports for all levels of management and external stakeholders, as required.
Maintain awareness of regulatory expectations and global industry standards with respect to gaming.
Postsecondary education in one of the following fields: Analytics, Law, Finance, Criminology, Business Administration and/or equivalent experience with a minimum 3 years' experience in an antimoney laundering regulatory compliance environment.
Demonstrated understanding of Canada's AML regime and knowledge of the gaming industry, both in Ontario and globally.
Certified Anti-Money Laundering Specialist (CAMS) or equivalent designation is an asset.
Understanding of the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations and FINTRAC reporting requirements.
Understanding of how money laundering techniques can be used in the gaming industry.
Ability to communicate effectively with business and technical stakeholder groups.
Superior knowledge and demonstrated experience in the use of computer databases/programs and office technologies (e.g., Microsoft Office).
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.

This position currently offers a hybrid work schedule.

The current in office requirement is a minimum of 1 day/week with the intention of moving towards a minimum of 3 days/week.

iGO reserves the right to change this policy and its office location at any time.

iGaming Ontario is an inclusive and equal opportunity employer.

Disability related accommodation during the recruitment process is available upon request.