Analyst - Toronto, Canada - First National Financial

First National Financial

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

We are hiring an Analyst, AML (Commercial Mortgages)

The Role:

First National's AML Department is responsible for establishing and implementing a robust compliance program which is managed through the implementation, monitoring, and testing of internal AML controls, policy and procedure development, and through the ongoing training of First National employees.

The AML Analyst is responsible for supporting the AML team with the anti-money laundering and anti-terrorist financing screening process and the adjudication of transactions generated by the AML Department's Transaction Monitoring System and other lines of business.

The Analyst will also support the team with additional projects.

Reporting To:
Manager, AML (Commercial Mortgages)
**Full-Time/Part

Time**: Fulltime

Posting Date:
April 9, 2024

Closing Date:
April 23, 2024

Hours of Work: 8:30 a.m. - 5:00 p.m.

Grade: 8.6

Office Location:
Toronto Great location Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities

Eligibility for benefits is dependent on the terms of employment

What You Will Do:

Review commercial mortgage files and documentation, to identify AML risks and ensure compliance with internal AML policies
Review potential matches against Canadian and International lists of sanctioned individuals and entities via our screening platform
Assess the impact of positive matches, via our screening system, in accordance with AML policies and procedures
Investigate, identify, and monitor unusual transactions and suspicious activity as referred by our business partners and transaction monitoring system
Make recommendations regarding highrisk relationships and direct the business on the appropriate level of monitoring
Assist in the development and maintenance of the AML compliance training material, records, policies and procedures, as communicated by the Manager
Conduct regular audits, assessments and/or testing of business unit AML controls
Identify areas of improvement and make recommendations to mitigate AML/ATF risk and gaps
Monitor effectiveness of screening framework
Conduct adhoc searches for third parties
Input general notes and information into mortgage systems
Complete special projects as assigned by Manager

The Requirements Needed:

Previous experience in the financial sector
AML experience (or similar) preferred
Postsecondary education and/or equivalent work experience required
Previous office experience required
Experience working in a fast paced, structured and team based environment
Proficiency in SQL and data management an asset
Knowledge of customer service principles and practices
Previous experience using a screening and/or transaction monitoring system is an asset
Bilingualism (French, English) an asset

The team you will join:

Founded in 1988, First National is one of Canada's largest non-bank lenders.

We provide residential mortgages exclusively through our mortgage broker channel and service commercial clients through our national origination team of empowered advisors.

At First National, It's in our Nature is our rallying cry.

It underlies our values, beliefs, and how we show up for each other, our clients, our partners and the community.

Our nature defines who we are and guides every decision we make.

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

FNLOON