Aml Supervisor - Mississauga, Canada - LRI Invest S.A.

LRI Invest S.A.

Verified Company

Mississauga, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Location:
Mississauga, ON, Canada

Date Posted:
Apr 19, 2023

Description

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers. Apex has continually improved and evolved its product suite by surrounding these core administrative services with additional products spanning the full value chain of a fund; from information delivery and regulatory products to fund platforms and tax services. The globally distributed service model has rapidly expanded through a combination of organic growth and more recently bolstered by acquisition. Service is now delivered by over 10,000+ staff across 50+ offices. The Apex Group administers circa $2.3 trillion in assets, including the investments of some of the largest funds and institutional investors in the world.

Job Title:

Senior AML Administrator

Reporting:
AML Team Manager

Division:
AML Team

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Location: Mississauga

Role Summary:

The Senior AML Administrator is responsible for ensuring Investors are on boarded from a KYC perspective in line with group and local regulatory requirements.

This will include preparing an Investor Risk Assessment, screening checks, assigning a risk rating, updating TA platform, and ensuring appropriate documentation is received (reviewing).

The Senior AML Administrator is also responsible for training new AML team members, participate and management of team projects, be a point of contact for internal teams.

The Senior AML Administrator must always ensure adherence to both internal and Regulatory AML requirements.

The Role & Key Responsibilities:

AML servicing for existing client base and investor onboarding
Review and understand AML requirements and the purposes of acquiring AML documents.
Assigning risk ratings to investors
Processing AML for Investors in a timely manner to be in line with jurisdictional and Apex group requirements & procedures.
Upfront and ongoing screening for investors and related parties
Responding to investors on AML related queries and AML escalations in timely manner
Provide a high level of service to both clients and Investors.
Participation in and ownership of ad hoc projects
Managing day to day activities in line with internal and external SLA timeframes
Managing and overseeing day to day activities in line with internal and external SLA timeframes proactive escalation to AVP of any potential noncompliance matters.
Work through and clearance of screening checks looping in Compliance/management where appropriate.
Liaise with the compliance team where required.
Ensure all deliverables are met and any anticipated delays escalated.
Train team members on all aspects of AML requirements to ensure sufficient coverage across the board.
Investor FATCA/CRS classification on TA platform
In addition to AML checks, be able to demonstrate a thorough understanding of all aspects of the FATCA/CRS Process

Competencies**:

3 years+ proven experience in an Investor Services/Transfer Agency team with particular experience in a AML supervisory role
Detailed knowledge of Transfer Agency operational processes and its integration with AML processes
AML Knowledge of local and global requirements
FATCA/CRS ability to review Self Certification documents, classify accounts and understand XML reporting requirements.
Strong planning and organizational skills
Strong communication (verbal and written) and problemsolving skills.
The ability to work with all levels within the organization.
Strong multitasking skills
The ability to adapt to changing priorities and varied decisionmaking scenarios.
An understanding of fund structures and the fund administration business.
An ability to work to tight deadlines.
Good interpersonal skills to develop working relationships with colleagues and clients.
Ability to identify opportunities for process improvements.

Additional information:

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society, and the planet.

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