AML Analyst - Junior

INTELLISWIFT INC; Toronto; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A financial services company in Toronto is looking for an AML Analyst to manage KYC processes and ensure compliance for high-risk banking customers. Responsibilities include assessing customer documentation, analyzing data for recommendations, and preparing reports. Ideal candidates will have 1-2 years of AML KYC experience, excellent communication skills, and the ability to work independently in a fast-paced environment. The position offers a hybrid work arrangement with flexibility in office attendance.

Qualifications

• 1-2+ years of AML KYC experience required.
• Clear and concise verbal and written communication skills necessary.
• Ability to support 90-100 cases at a time in a fast-paced environment.

Responsibilities

• Manage AML KYC requests for personal/business information.
• Analyze complex KYC reviews across various product lines.
• Document all actions and findings throughout the KYC review.

Skills

AML KYC experience

Clear communication skills

Ability to handle high volume

Analytical skills

Detail oriented

Education

Postsecondary education

Job description

Pay rate range - $28/hr. to $31/hr.

Job Description: Role Title: AML Analyst

Working hours: 37.5 hr per week, 9am-5pm targeted, however flexible between 8am-530pm (8am-4pm, 830am-430pm, 930am-530pm).

Hybrid work requirements: 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.

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
• Exercise 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 AML KYC experience
• Verbal & written communication skills 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
• 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)
• Postsecondary education