Title: AML Analyst
Duration: 12 months
Working hours: 9 am - 5pm targeted, however flexible between 8 am – 5:30pm (8 am – 4 pm, 8:30 am – 4:30 pm, 9:30 am – 5:30 pm)
Location: Toronto, ON (Hybrid-3 days a week in office currently, may change to 4 days a week)
 
Role Mandate:

• The selected candidates will be assisting in ensuring that high-risk Personal and Business Banking customers have complete Know Your Customer (KYC) and Enhanced Due Diligence (EDD) in place as required.
• They will be assessing KYC and EDD, documenting these in the proprietary case management system, and recommending whether a customer relationship should be approved (maintained) or declined (demarketed).
• Successful candidates will ideally have banking backgrounds/knowledge, be highly organized, and able to ramp up to support 90-100 cases at time.

Team Structure:

• Currently, the team has 5 direct peers with a broader team of 10.
• The work is mostly independent, but there is a healthy collaborative component – as such, candidates should have good interpersonal/team skills.

Role Responsibilities:

• Manage AML KYC personal/business requests for information (RFI), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requests from the AML FIU.
• Analyze and assess KYC reviews that may be complex and require knowledge on several different product lines.
• Document actions and information found throughout the KYC review to develop and maintain account/case files.
• Analyze data and information to provide insights and recommendations.
• Prepare reports, notifications and recommendations per guidelines and standards designed to minimize risk exposure.
• Exercises judgment to identify, diagnose, and solve problems within given rules
• Works mostly independently.
• Broader work or accountabilities may be assigned as needed. 

Must Have Skills:

• 1-2+ yrs relevant experience.
• Verbal & written communication skills are important - candidates’ speech and writing should be clear and concise.
• Comfortable in a fast paced/high volume environment (supporting 90-100 cases at a time).
• Specialized knowledge from education and/or business experience.
• Collaboration & team skills - In-depth.
• Analytical and problem-solving skills - In-depth.
• Influence skills - In-depth.
• Organized and Detail Oriented.

Nice to Have Skills:

• Previous banking experience preferred. Former client experience will be prioritized.
• ACAMS certified or equivalent.
• Knowledge of risk and regulatory requirements as they apply to financial crimes (FINTRAC).
• Post-secondary education.

 
 
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 29.48/hr.