Anti-Money Laundering Analyst

Insight Global; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading financial services firm is seeking an experienced AML Analyst Lead to oversee a team in downtown Toronto. Responsibilities include conducting due diligence on customers flagged for potential adverse media, leading the assessment of findings, and collaborating with internal teams for investigations. The ideal candidate will have over 3 years of experience in AML, strong analytical skills, and excellent communication abilities. This hybrid role requires office presence four days a week.

Qualifications

• 1-3+ years experience as an AML Lead or Manager.
• 3-6+ years AML experience, particularly with PEPs, MSBs, and/or Negative Media.
• Familiarity with regulatory expectations.

Responsibilities

• Conduct due diligence on customers with potential adverse media.
• Lead a team of 5 analysts for risk assessment and mitigation.
• Collaborate with stakeholders for further investigation.

Skills

Strong analytical skills

Decision-making skills

Excellent written communication

Excellent verbal communication

Job description

Need lead experience (1-3+ years experience as an AML Lead or Manager)

Contract, hyrbid downtown Toronto

JOB DESCRIPTION

We are looking for a skilled AML Analyst Lead to join the MSB/Adverse Media team. This role involves conducting due diligence on customers identified by L1 analysts as having potential adverse or negative media. The analyst will lead a team of 5 analysts that will assess the materiality of the findings and contribute to risk mitigation efforts.

• Conduct thorough due diligence and document findings in accordance with AML policies.
• Review and analyze PEP alerts escalated from L1 analysts.
• Determine whether the alert pertains to an existing customer.
• Assess whether the customer is a confirmed PEP.
• Escalate confirmed PEP matches for EDD to the appropriate line of business.
• Collaborate with internal stakeholders to elevate cases requiring further investigation.
• Focus on current alerts with no existing backlog.
• Conduct investigative analysis by collecting, assessing, and collating case file information for AML, Sanctions/ABAC & Financial Crime investigations.
• Conduct data analysis, manipulation and interpretation looking for patterns and anomalies.
• Initiate investigations and/or respond to emerging AML and Sanctions/ABAC risks.
• Assist with reviewing and investigating court orders (subpoenas) related to criminal actions.
• Assist and coordinate investigations with various law enforcement agencies as delegated.
• Prepare and deliver AML, Sanctions/ABAC & Financial Crime and/or fraud detection/loss prevention training or updates to Bank Employees or other agencies as assigned.

REQUIRED SKILLS AND EXPERIENCE

• 1-3+ years experience as an AML Lead or Manager.
• 3-6+ years AML experience, particularly with PEPs, MSBs, and / or Negative Media.
• Familiarity with regulatory expectations.
• Experience working for large financial services enterprise.
• Strong analytical and decision-making skills.
• Ability to work independently and manage high volumes of alerts efficiently, experience working in a metric-based environment.
• Excellent written and verbal communication skills.
• Must be able to come into office downtown Toronto 4x times per week.

NICE TO HAVE SKILLS AND EXPERIENCE

• Experience working for a large Canadian bank.