AML Investigator, Financial Intelligence Unit

EQ Bank | Equitable Bank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Canada is seeking an AML Investigator to join their fast-paced Compliance team. The role involves conducting investigations, preparing reports, and ensuring compliance with AML regulations. Ideal candidates will have a strong background in finance, excellent analytical skills, and the ability to manage multiple tasks effectively. Bilingualism is a plus.

Qualifications

• At least 3 years of experience in a regulated Canadian financial institution, preferably in AML.
• AML designation (CAMS/CFCS) is preferred.

Responsibilities

• Conduct risk-based investigations for alerts from adverse media, PEPs, sanctions.
• Prepare accurate reports and documentation supporting investigation outcomes.
• Identify AML/ATF risk trends and recommend targeted training.

Skills

Organizational Skills

Analytical Skills

Communication Skills

Problem-Solving Skills

Interpersonal Skills

Attention to Detail

Education

Post-secondary education in business or finance

Tools

Microsoft Office

Job description

AML Investigator, Financial Intelligence Unit

The AML/ATF department within Compliance manages the Bank’s AML/ATF risk through effective controls. The Investigator conducts AML/ATF testing, monitors routines, assesses unusual transactions, prepares and submits Suspicious Transactions Reports (STRs), and supports business units. The environment is fast-paced, requiring strong time management skills.

Responsibilities

1. Conduct risk-based investigations for alerts from adverse media, PEPs, sanctions, terrorism financing, UTRs, etc.
2. Gather information from all sources to support suspicions of money laundering, terrorism financing, or other crimes.
3. Prepare accurate reports and documentation supporting investigation outcomes.
4. Maintain confidential records of investigative actions, complying with legal and regulatory standards.
5. Complete investigations within specified timelines.
6. Follow company policies and guidelines.
7. Advise business units on inquiries, escalations, and resolutions.
8. Identify areas for improvement, recommend solutions, and communicate with relevant teams.
9. Proactively suggest best practices for regulatory compliance.
10. Engage in continuous professional development to stay current on best practices and skills.
11. Escalate issues promptly to management.
12. Identify AML/ATF risk trends and recommend targeted training.
13. Support AML management with new initiatives and requirements.

Candidate Profile

• Post-secondary education in business or finance, with at least 3 years of experience in a regulated Canadian financial institution, preferably in AML.
• Knowledge of AML/ATF regulations, sanctions, industry best practices, and organizational goals.
• Proficiency in Microsoft Office and internet/web navigation.
• Strong organizational skills, with the ability to prioritize and multitask.
• Excellent verbal and written communication skills.
• Analytical and problem-solving skills.
• Interpersonal skills for individual and team work.
• Attention to detail.
• AML designation (CAMS/CFCS) is preferred.
• Experience with transaction alert adjudication and retail banking monitoring is an asset.
• Bilingualism (English and French) is an asset.

Additional Details

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Transportation, Logistics, Supply Chain, and Storage