AML Investigator, Financial Intelligence Unit

Equitable Group; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Investigator for its AML/ATF department. This role involves conducting risk-based investigations, preparing detailed reports, and ensuring compliance with regulatory requirements. The ideal candidate will have a strong background in AML/ATF regulations, excellent analytical skills, and the ability to manage multiple tasks in a fast-paced environment. Join this dynamic team and contribute to enhancing the bank's compliance framework while supporting business units with your expertise. This is an exciting opportunity for those passionate about financial integrity and regulatory compliance.

Qualifications

• 3+ years in a regulated financial institution, preferably in AML.
• Knowledge of AML/ATF regulatory requirements and best practices.

Responsibilities

• Conduct risk-based investigations for alerts related to money laundering.
• Prepare reports and maintain confidentiality of investigative actions.

Skills

AML/ATF knowledge

Analytical skills

Problem-solving abilities

Communication skills

Organizational skills

Bilingualism (English and French)

Education

Post-secondary education in business or finance

Tools

Microsoft Office

Job description

The AML/ATF department within Compliance is responsible for managing the Bank’s AML/ATF risk through effective controls. The Investigator’s role involves conducting AML/ATF testing, monitoring routines, assessing unusual transactions, preparing Suspicious Transactions Reports (STRs), and supporting business units. The environment is fast-paced, requiring effective time management of multiple tasks and projects.

The Work

1. Plan, conduct, and complete risk-based investigations for alerts from adverse media, name screening against PEPs, sanctions, terrorism financing, UTRs, etc.
2. Gather information from all available sources to support suspicions of money laundering, terrorism financing, or other criminal activities.
3. Prepare accurate reports and documentation to support actions following investigations.
4. Maintain records of investigative actions and decisions, ensuring confidentiality and compliance with legal and regulatory requirements.
5. Complete investigations within defined timelines.
6. Adhere to Equitable Bank’s policies and guidelines.
7. Support business units with inquiries, escalations, and resolutions.
8. Identify areas for improvement, recommend solutions, and collaborate with business units to address gaps.
9. Proactively identify best practices for regulatory compliance.
10. Maintain up-to-date knowledge, skills, and practices relevant to the role.
11. Escalate issues promptly to the Senior Manager.
12. Identify major AML/ATF risk trends and suggest targeted training areas.
13. Support AML management with new initiatives and requirements as needed.

Let's Talk About You

1. Post-secondary education in business or finance with at least 3 years of experience in a regulated Canadian financial institution, preferably in AML.
2. Knowledge of AML/ATF regulatory requirements, sanctions, industry best practices, and organizational goals.
3. Proficiency in Microsoft Office and internet/web navigation.
4. Strong organizational skills, with the ability to prioritize and multitask within tight deadlines.
5. Excellent verbal and written communication skills.
6. Proven analytical and problem-solving abilities.
7. Excellent interpersonal skills for individual and team work.
8. Strong attention to detail and self-review capabilities.
9. AML designation (CAMS/CFCS) is preferred.
10. Experience in transaction alert adjudication and retail banking monitoring is an asset.
11. Bilingualism (English and French) is an asset.