Associate Analyst

First National Financial; Toronto; On-site; CAD 45,000 - 75,000; Full time

Job summary

Join a dynamic team in a leading financial institution as a Residential AML Associate Analyst. This exciting role involves supporting the AML team in screening processes and compliance initiatives. You will engage in critical tasks such as reviewing potential matches against sanctioned lists, conducting investigations, and preparing detailed reports. The position offers a chance to grow within a supportive environment that values diversity and inclusion. If you have a keen eye for detail and a passion for compliance, this opportunity could be your next career step in a reputable organization known for its commitment to employee engagement and development.

Benefits

Highly competitive compensation package

Career advancement opportunities

Health benefits

Qualifications

• Minimum undergraduate degree and/or equivalent work experience required.
• Genuine interest in anti-money laundering (AML).

Responsibilities

• Review potential matches against sanctioned individuals and entities.
• Investigate and adjudicate AML investigations generated by monitoring systems.

Skills

Attention to Detail

Decision-Making Skills

Customer Service Principles

Bilingualism (French, English)

Education

Undergraduate Degree

Tools

Microsoft Office (Excel, PowerPoint, Word)

Job description

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail] should you need an accommodation at any point in the recruitment process.

Reporting To: Senior Manager

Full-Time/Part-Time: Full-time

Posting Date: January 29, 2025

Closing Date: February 12, 2025

Hours of Work: 8:30 a.m. – 5:00 p.m.

Office Location: Toronto

Great location! Steps away from the main public transit station.

What we offer: Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!

*Eligibility for benefits is dependent on the terms of employment

The Opportunity

First National’s AML Department is responsible for establishing and implementing a robust compliance program which is managed through the implementation, monitoring, and testing of internal AML controls, policy and procedure development, and through the ongoing training of First National employees.

The Residential AML Associate Analyst is responsible for supporting the AML team with the anti-money laundering and anti-terrorist financing screening process and supporting the AML Senior Manager with additional projects. This role requires attention to detail, strong decision-making skills and an ongoing focus on quality and timeliness.

How you will contribute:

• Review potential matches against Canadian and international lists of sanctioned individuals and entities via our screening platform.
• Assess the impact of positive matches, via our screening system in accordance with AML policies and procedures.
• Compile, verify, and sort data to prepare source data for computer entry.
• Conduct periodic searches for third parties.
• Monitor effectiveness of screening framework and identify areas of improvement.
• Investigate and adjudicate AML investigations generated by our transaction monitoring system and other lines of business.
• File FWR reports to FINTRAC.
• Prepare reports based on data and disseminate reports to appropriate business units.
• Complete special projects as assigned by AML Senior Manager, AML Assistant Manager, or Senior AML Analyst.

The experience you need:

• Minimum undergraduate degree and/or equivalent work experience required.
• Genuine interest in AML.
• Proficient in Microsoft Office applications (Excel, PowerPoint, and Word).
• Knowledge of customer service principles and practices.
• Experience working in a fast-paced, structured, and team-based environment.
• Ability to work independently.
• Possesses sound decision-making abilities.
• Bilingualism (French, English) an asset.

Working Environment and Physical Demands Analysis:

• Periods of high volume with tight timelines.
• Long periods of stationary position/sitting.
• Prolonged periods of repetitive movement (i.e. using a keyboard and mouse).
• Long periods of time in viewing a computer screen.
• Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.

The team you’ll join:

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

We would like to thank all applications for their interest in this existing vacancy but only candidates selected for an interview will be contacted.