Compliance Analyst - Toronto, Canada - Amex

Amex

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

You Lead the Way. We've Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways.

When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other.

Here, you'll learn and grow as we help you create a career journey that's unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you'll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company's success.

Together, we'll win as a team, striving to uphold our company values and powerful backing promise to provide the world's best customer experience every day.

And we'll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

Compliance Analyst - AML:

The Compliance Analyst - AML position is responsible for supporting the Anti-Money Laundering & Anti-Terrorist Financing (AML/ATF) Compliance Program of Amex Bank of Canada, in accordance with legal and regulatory requirements and internal American Express policy.

Conduct AML investigations with respect to transaction monitoring and sanctions screening as well as documenting and reporting the investigation findings and preparing case files for review
Participate in quality reviews of the outsourced service provider(s); provides feedback/training.
Review potential matches against various regulatory control lists (including OFAC) and provide guidance, as required, in decision making process.
Interact with Senior Management on Compliance, Legal and business sectors concerning AML/ATF issues.
Provide regulatory guidance on a casebycase basis with respect to clients and/or their activity who / which pose AML risks. Ensure that appropriate due diligence is conducted, and informed decisions are made with respect to such clients and activity.
Assure that appropriate and timely remediation actions are executed to address Compliance issues.
Maintain procedures or other documentation and ensures all processes are aligned with the AML/ATF and Anti-Corruption regulatory requirements and internal policy.
Stay abreast of AML/ATF and Anti-Corruption legal and regulatory requirements.
Assist management with implementing new and/or revised AML/ATF or Anti-Corruption legislation, as applicable.
Support other aspects of the Compliance & Ethics program including the Legislative Compliance Management Program, Testing & Monitoring, internal audits, and government examinations, as required
Participate in all mandatory training, conferences, and online webinars, as appropriate.
Support the AML Manager in other duties as assigned.

Qualifications:

University degree or equivalent combination of education and business experience
Knowledge of Amex Bank of Canada and/or Amex Canada Inc products & services, compliance or audit/internal control/risk management experience and exposure to operating within a regulated environment is desired.
Proven ability to build and grow relationships.
Able to effectively communicate requirements and issues to all levels of staff and management.
Able to influence others to achieve desired results.
Ability to effectively manage multiple, concurrent, crossfunctional projects.
Strong analytical skills. Must be persistent in conducting rootcause analysis and demonstrate excellent attention to detail while keeping broader issues/objectives in mind.
Able to develop recommendations for practical solutions to compliance requirements.
Demonstrated ability to make decisions independently, work well under pressure, meet deadlines, and adapt easily to frequent change.
Be agile and support the broader Compliance team in other tasks based on volumes and business needs.