Aml Analyst - Thornhill, Canada - Bank of China(Canada)

Bank of China(Canada)

Verified Company

Thornhill, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary:

AML Compliance Analyst is responsible to ensure efficient identification and monitoring of suspicious activities and transactions in the Bank and ensure timely reporting of unusual transactions and compliance issues to the CAMLO.

Essential Duties & Responsibilities:

Review and investigate sanctions, negative news and PEP alerts
Handle or assist in AML related investigation, including unusual/suspicious transaction reports;
Perform daily Large Cash Transaction Report/Electronic Funds Transfer quality assurance tasks;
Assist in the analysis and maintenance of the Bank's AML IT system
Complete correspondent banking AML questionnaires requested by the external parties;
Monitor transactions and accounts for suspicion of Money Laundering and Terrorist Financing;
Contributes to the drafting of procedures.
Assist in the preparation of summaries, communications, reports and presentations for delivery of periodic or ad hoc updates for management, and other internal and external stakeholders;
Perform other tasks as assigned by Senior AML Compliance Manager and/or CAMLO.

Position Requirements:

Bachelor's degree or progressive work experience
CAMS certified program
Strong analytical and communication skills
23 years full time work experience in financial services preferred
General understanding of regulatory trends and issues related to AML/ATF.
Some experience interpreting law and regulation as it applies to the financial services sector
Ability and comfort in dealing with various levels of staff within the Bank.
Strong research, communication and organizational skills
Strong time management skills and ability to meet deadlines for projects

Benefits: