AML Compliance Analyst

Manulife Financial; Waterloo; On-site; CAD 70,000 - 85,000; Full time

Job summary

A leading company in financial services is seeking an AML Compliance Analyst to ensure compliance with AML/ATF regulations. The role involves investigating alerts, maintaining records, and conducting assessments to meet regulatory requirements. Ideal candidates will have AML/ATF experience and strong analytical skills, contributing to a supportive and inclusive work environment.

Benefits

Supportive environment for learning and growth

Focus on well-being and inclusion

Qualifications

• 2+ years of AML/ATF experience.
• Understanding of AML/ATF regulations and risk management.

Responsibilities

• Conduct AML assessments based on referrals from Business Areas.
• Investigate alerts generated by customer risk assessment tools.

Skills

Analytical Skills

Communication Skills

Time Management

Education

CAMS Certification

Tools

PRM

FCRM

FWR

Job description

The AML/ATF Operations team is responsible for ensuring compliance with anti-money laundering/anti-terrorist financing (AML/ATF) regulations across all Canadian entities of Manulife, including The Manufacturers Life Insurance Company, Manulife Investment Management Limited, Manulife Wealth, Manulife Investments, and Manulife Bank and Trust. Reporting to the AML/ATF Program Manager, the AML Compliance Analyst will handle the investigation and case management of watch list scanning and transaction scenario monitoring for all lines of business, in accordance with Manulife’s AML/ATF policies and procedures.

Position Responsibilities:

1. Conduct AML assessments based on referrals from Business Areas and determine appropriate actions for unusual activity.
2. Assess daily transaction monitoring alerts, understanding the indicators, facts, and context of transactions.
3. Investigate alerts generated by Manulife’s customer risk assessment tools, using judgment and knowledge of money laundering patterns to evaluate suspicious transactions; conduct investigations, make recommendations, and document suspicion details as required.
4. Maintain records and audit trails of investigations and dispositions for all alerts, ensuring regulatory compliance.
5. Assess daily ATF/PEP/Country watch list alerts to determine if a business relationship exists with Manulife, and perform enhanced due diligence with appropriate reporting.

Required Qualifications:

1. 2+ years of AML/ATF experience.
2. Understanding of AML/ATF regulations and risk management.
3. Effective analytical skills and strong communication skills.
4. Strong time management skills and ability to operate independently to meet compliance objectives.

Preferred Qualifications:

1. Experience with AML/ATF management & reporting systems (e.g., PRM, FCRM, FWR).
2. Knowledge of Manulife products, processes, and systems.
3. Experience in banking and/or securities sector AML/ATF.
4. CAMS certification.
5. Bilingual in French.

Additional Information:

We offer a supportive environment for learning and growth, with a focus on well-being and inclusion. Join our global team to shape the future you envision.