AML/ATF Analyst-(Hybrid)

Central 1 Credit Union; Toronto; Hybrid; CAD 55,000 - 60,000; Full time

Job summary

Central 1 Credit Union is seeking an AML/ATF Analyst. This role involves ensuring compliance with anti-money laundering regulations, processing transactions, and providing client support. Candidates should possess relevant financial crimes experience and effective communication skills, contributing to a collaborative team environment.

Benefits

Work-life flexibility

Hybrid work environment

Generous vacation allotment

Top-notch flexible benefits

Learning platform access

Wellness platform access

Volunteering day off

Qualifications

• 2+ years of experience in AML/ATF compliance.
• CAMS certification or commitment to obtain within one year.
• Experience with AML monitoring software.

Responsibilities

• Ensure timely filing of FINTRAC transactions.
• Identify unusual activities for further investigation.
• Support clients with AML/ATF inquiries.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Communication

Team collaboration

Education

Post-secondary education

Certified Anti-Money Laundering Specialist (CAMS)

Tools

AML/ATF monitoring software

Job description

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.

What we offer:

• Work-life flexibility
• Hybrid workenvironment
• One time allowance to set up your office for remote first employees
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits planincluding family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access toa learning platform and educational assistancesupport
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community andother paid time off options
• Corporate discounts

*subject to employment agreement

Job Summary:

The AML/ATF Analyst is a key member of Central 1’s Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) team that provides AML/ATF services to participating credit unions as clients. The AML/ATF Analyst is responsible for the timely and accurate filing of prescribed transactions (Large Cash Transaction Reports, Electronic Funds Transfer Reports) to FINTRAC and investigating watch list alerts on behalf of its clients. In this role, accuracy and timeliness, and strong teamwork skills are important factors , as you are processing large volumes of repetitive work and working with multiple clients.

What you'll be doing:

• Ensure timely and accurate filing of prescribed transactions to FINTRAC on behalf of clients.

• Demonstrate accuracy in processing information relating to Large Cash Transaction alerts/reports, Electronic Funds Transfer alerts/reports, and watchlist alerts/matches.

• Identify unusual activities and behaviors across multiple products, referring all transactions that may relate to money laundering or terrorist financing for further investigation or reporting as outlined in documented processes and protocols.

• Assist and support participating clients with AML/ATF related enquiries.

• Maintain a current understanding of money laundering and terrorist financing issues, including: Central 1’s policies/procedures, regulations, and industry best practices.

• Ensure adherence to our code of Business Conduct and Ethics.

• Support Senior AML Analysts and the broader team as required .

• Ensure a positive work environment.

• Support company goals and objectives .

• Create an environment oriented towards trust, open communication, creative thinking and cohesive team effort.

• Act as a positive change agent to continually improve operations and services to clients.

• Identify , research and promote business opportunities to help Central 1 increase its presence in the AML/ATF services marketplace.

• Perform additional duties, projects or tasks as required operationally.

What you'll have:

• Post-secondary education an asset.

• Certified Anti-Money Laundering Specialist (CAMS) or similar designation, or a commitment to obtain such a designation within one year of being hired.

• 2+ years of relevant financial crimes experience, preferrable relating to AML/ATF compliance.

• Experience and/or knowledge in the use of technology-based AML/ATF monitoring software solutions, preferably Verafin or Navaera .

• Proven analytical and problem-solving skills to analyze AML/ATF related alerts, data and patterns to identify money laundering or terrorist financing risks.

• Sound knowledge and understanding of analysis principles, methodologies, tools, and techniques.

• Proven ability to make sound judgements based on analysis.

• Highly collaborative.

• Strong ability to communicate effectively both orally and in writing with clients, technical teams, external partners, and internal partners.

• Solid ability to conceptualize, develop and present new ideas , approaches, and solutions.

• Strong ability to make sound decisions.

• Exceptional attention to detail and accuracy.

• High capability of working in a fast-paced dynamic environment.

• High capability to provide excellent service to clients.

• Strong ability to engage the right stakeholders when needed.

• Strong ability to work independently.

• Excellent team player, including capable of learning and sharing knowledge with internal and external stakeholders.

• Excellent organizational skills including prioritizing, scheduling, time management, and meeting deadlines.

• Strong ability to multitask and handle conflicting priorities simultaneously.

Salary range: $55,000-$60,000

The salary range represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

#LI-Hybrid

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.