Aml Compliance Analyst - Toronto, Canada - Peoples Group

Peoples Group

Verified Company

Toronto, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

About us:

Peoples Group is a boutique Financial Institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 30 years.

Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

Our culture here at Peoples Group is formed by our values; Strength-Based, Relationship Focused, and Passionate Execution. We believe people don't choose a company to work for, they choose a company to _join_. We also believe that people come first and each day we strive to be willing, trustworthy, and creative.

About You:

You are a highly motivated individual and who thinks outside the box. You don't wait for direction from others and love to roll up your sleeves and get the work done.

You strive to improve processes in your work and the work of others; and have a passion for building relationships with coworkers and clients.

In addition, the AML Compliance Analyst will provide support to the business units in AML compliance matters, assist with AML policies and procedures, department audits, perform investigations of unusual account activity for the FI including recommending and filing Suspicious Activity Reports with FINTRAC and other ongoing projects related to AML compliance.

About you/Qualifications:

Minimum 25 years of AML compliance experience within the financial services industry in Canada
Experience conducting research and investigations related to AML/ATF and filing Suspicious Transaction Reports
Proven ability to analyze large amounts of data in order to report critical information.
A solid understanding of current AML/ATF legislation and regulations
Exposure to regulatory AML/ATF compliance, risk management disciplines and best practices
Certification in a professional association such as the Association of Certified Anti-Money Laundering Specialists (ACAMS) or Certified Financial Crime Specialist (CFCS) would be considered an asset
Proficiency with MS Office (focusing on Word, Excel, Outlook)
Knowledge of FINTRAC web reporting (FWR formerly F2R)
Able to handle sensitive and confidential information with discretion
Strong critical thinking, analytical and decisionmaking skills
Strong written and oral communication skills, with the ability to deliver written and oral messages confidently and accurately
A self starter who can work independently and as part of a team

About the day-to-day:

Assist in the implementation of Peoples Group AML/ATF program to ensure compliance with all legislative and regulatory requirements, including PCMLTFA and OSFI Guidelines
Review and independently assess cases derived from unusual activity reports submitted by internal business units, employees, and program managers
Conduct an endtoend review of potential suspicious activity.
Compare observed activity with client KYC expected activity profiles for anomalous transactions or behaviors
Ensure efficient identification and monitoring of suspicious activities and transactions and reporting of suspicious transactions to the CAMLO and FINTRAC within specified timeline.
Administer the implementation of regulatory compliance control databases
Ensure that actual and potential compliance violations and risk situations are proactively identified, investigated, and resolved or escalated in an appropriate and timely manner
Assist with monthly AML audits of various business units/branches
Assist with keeping AML/ATF related policies and procedures current
Maintain current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
Regularly exercise good judgment and in making decisions or recommendations in relation to case investigations
Timely execution of instructions received from manager and/or CAMLO
Assist with Peoples Group annual AML training module and other compliance training to business units as needed
Support regulatory examinations and external/internal audits
Other AML/ATF compliance tasks as assigned

NOTE:
Please accept our utmost appreciation for your interest; however only those applicants under consideration will be contacted. Peoples Group is an Equal Employment Opportunity employer.