Experienced AML Compliance Analyst

Job Description:

Location

• Remote from Ontario, Canada

Role Overview

This is a remote role that offers flexibility to work from home. However, occasional visits to our Mississauga office (5450 Explorer Drive, Suite 300, Mississauga, ON L4W 5M1, Canada) may be required based on client and business needs. Candidates must reside in Ontario and be willing to travel as necessary.

About the Position

As an Experienced AML Compliance Analyst, you will work with our clients (banks and non-bank financial institutions) to provide advice and counsel in order to help them fight financial crime and mitigate financial crime risks. The purpose of this role is to detect and investigate unusual financial activity by performing quality control work related to the work of our Associate Analysts, as well as conducting detailed monitoring of account activity to ensure compliance with regulatory policies, operational policies, and Know Your Customer (KYC) procedures. You will be on the front line, making critical decisions to keep clients compliant with applicable laws and regulations.

In this role, you will research and analyze various sources of data and provide written summaries of recommendations and conclusions regarding the identification of suspicious or unusual financial activity and KYC procedures.

You may perform quality control activities, supervise when necessary, and communicate ad hoc with clients. You will need to exercise discretion and judgment in your work and must be able to work efficiently and independently in a fast-paced, dynamic environment.

Primary Responsibilities

• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, and sanctions violations, escalating for second-level review.

• Verify the identity of clients to understand the nature and purpose of their relationship with the financial institution for KYC procedures, escalating where appropriate for second-level review.

• Assist with advanced tasks, including client communication, analyzing production data, and creating client-specific aids and training.

• Independently assist analysts with workflow items and administrative tasks as they arise.

• Submit written work products for review by AMLRS and client-led quality control teams, making requested adjustments and applying feedback.

• Adhere to all designated timeframes and procedures to ensure timely and accurate completion of work.

• Contribute to a team-oriented and collaborative environment.

• Comply with all applicable federal and state laws, regulations, and guidance related to Anti-Money Laundering, as well as company policies and client requirements.

Required Qualifications

• Bachelor’s Degree

• Must currently reside within 50 miles of Mississauga, Ontario, Canada

• 2-3 years of relevant AML/BSA experience

• ACAMS/ACFCS certification or demonstrated AML proficiency experience required

• Strong oral communication skills with the ability to produce clear narrative and written summaries synthesizing recommendations and conclusions

• Strong analytical, problem-solving, and organizational skills

• Proficiency in Microsoft Excel, PowerPoint, and Word, with the ability to learn new technologies quickly

• Ability to multi-task and work independently and as part of a team, establishing cooperative and collaborative working relationships

Preferred Qualifications

• Professional Certification

• Strong knowledge of the banking industry and related regulations and laws

• Strong entrepreneurial spirit, highly collaborative, able to express ideas readily, manage change fluidly, and identify opportunities for improvement

Normal Working Hours and Conditions

Core business hours are generally 8:00 am – 5:00 pm. However, this position may require work to be performed outside of core business hours based on Company operations across different time zones.

About Us

We are AML RightSource, the leading technology-enabled managed services firm focused on fighting financial crime for our clients and the world. Headquartered in Cleveland, Ohio, and operating across the globe, we are a trusted partner to financial institutions, FinTech companies, money service businesses, and corporate clients.

Using a blend of highly trained anti-financial crime professionals, cutting-edge technology tools, and industry-leading consultants, we help clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs.

We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 4,000 highly trained analysts and subject matter experts form the industry's largest group of full-time compliance professionals. Together with our clients, we are Reimagining Compliance.

AML RightSource Group of Companies in Canada is an Equal Opportunity Employer. To request any accommodations you may require to participate in the recruitment and selection process, please email canadahrteam@amlrightsource.com or discuss your needs when contacted for an interview.

AML RightSource is committed to fostering a diverse work environment and is proud to be an equal opportunity employer. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.