Intermediate Aml/kyc Analyst - Toronto, Canada - Bank of China(Canada)

Bank of China(Canada)
Bank of China(Canada)
Verified Company
Toronto, Canada

2 weeks ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Description

Responsibilities:


  • The Intermediate AML/KYC/Due Diligence Analyst will be responsible to work with Relationship Managers for the collection of information and preparation of Due Diligence work/reports for the review/approval of the Team Lead and associated stakeholders.
  • Identify and report any unusual activities noted during the above process ongoing reviews.
  • Formulate, validate, document and communicate existing (and future) AML/KYC refresh documentation requirements.
  • Update the Bank's KYC systems and databases with the most current AML/KYC client refresh documentation, Risk Scoring, and Client Identification documents, conduct negative searches, open source searches through various search engines, perform/validate name screening etc.
  • Follow up on, the file progress from preparation till sign off, pending responses, and action plan to obtain necessary information.
  • Identification/monitoring and escalation of inconsistencies/Irregularities/Gaps observed during the file reviews.
  • Comply with the internal Policies and Procedures at all times.
  • Review, investigate and validate search results obtained on sanctions, negative news and PEP alerts.
  • Liaise with Relationship Managers towards the collection of required documentation follow up enquires/information
  • Prepare AML/KYC Reports/Enhance Due Diligence Reports
  • Assist in the preparation of reports and presentations for delivery of periodic or ad hoc updates for management, and other stakeholders.
  • Coordinate with other department/branches of the bank, for account opening/client information update.
  • Validate the documentation/information on file/system for accuracy and completeness.

Requirements:


  • 35 years of experience in financial sector, specializing in performing KYC/Enhanced Due Diligence/Transaction Monitoring work in a Financial Institution
  • Bachelor's degree or progressive work experience;
  • CAMS certification preferred
  • Identify/escalate risk factors while conducting reviews/interpreting data promptly
  • Strong time management capabilities to multitask assignments
  • Good understanding of Canadian Regulatory requirements related to AML / KYC
  • Manage a broad range of AML/due diligence or investigative research, including pretransactional, highrisk KYC etc.
  • Excellent written communication skills with the ability to quickly and effectively summarize information for reporting purposes. Proficiency in Mandarin is preferred.

Benefits:


  • Company events
  • Dental care
  • Extended health care
  • Flexible schedule
  • Life insurance
  • Onsite parking
  • Tuition reimbursement
  • Vision care
  • Work from home

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Education:


  • Bachelor's Degree (preferred)

Experience:


  • Financial sector, KYC/ Due Diligence/
Transaction Monitoring: 3 years (preferred)


Language:


  • Mandarin (preferred)

Licence/Certification:

  • Certified Anti-Money Laundering Specialist (preferred)

Work Location:
Hybrid remote in Toronto, ON M5X 1C8
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