AML Analyst - KYC & EDD

Intelliswift - An LTTS Company; Toronto; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A financial services company in Toronto is looking for an AML Analyst to assist in managing KYC and Enhanced Due Diligence processes. The role requires evaluating complex banking details and determining customer relationship approvals. Ideal candidates will have 1-2 years of relevant experience and strong communication skills. This position offers a hybrid work model with competitive pay.

Qualifications

• 1-2+ years relevant experience in KYC or AML.
• Experience in fast-paced environments, managing 90-100 cases simultaneously.

Responsibilities

• Manage AML KYC RFI and Due Diligence requests.
• Analyze complex KYC reviews across different product lines.
• Document findings to maintain account and case files.
• Prepare reports and recommendations to minimize risk.

Skills

Verbal & written communication skills

Ability to manage high case volumes

Analytical skills

Education

Postsecondary education

Job description

Overview

Job Title: AML Analyst - KYC & EDD

Location: Toronto, ON (Hybrid - 3 days/week onsite, may change to 4 days/week onsite)

Duration: 12 months

Contract Type: T4 only

Pay Rate: $31.03/Hour

Working hours: 37.5 hr per week, 9am-5pm targeted, however flexible between 8am-5:30pm (examples: 8am-4pm, 8:30am-4:30pm, 9:30am-5:30pm)

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
• Exercises judgment to identify, diagnose, and solve problems within given rules

Must Have Skills

• 1-2+ yrs relevant 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

Nice To Have Skills

• Previous banking experience preferred.
• ACAMS certified or equivalent
• Knowledge of risk and regulatory requirements as they apply to financial crimes (FINTRAC)
• Postsecondary education