AML Compliance Analyst

Manulife; Waterloo; On-site; CAD 50,000 - 85,000; Full time

Job summary

An established industry player is seeking an AML Compliance Analyst to join their dynamic AML/ATF Operations team. This role involves investigating and managing cases related to watch list scanning and transaction monitoring, ensuring compliance with anti-money laundering regulations. The ideal candidate will have a strong background in AML/ATF regulations, effective analytical skills, and the ability to work independently. Join a forward-thinking company that values your growth and well-being in a flexible and inclusive environment, while contributing to the integrity of financial operations.

Benefits

Health insurance

Dental insurance

Mental health support

Vision insurance

Short-term disability

Long-term disability

Life insurance

Paid time off

Retirement savings plans

Employee assistance plans

Qualifications

• 2+ years of AML/ATF experience required.
• Strong analytical and communication skills are essential.

Responsibilities

• Conduct AML assessments and investigate unusual activity.
• Maintain records and ensure compliance with regulatory requirements.

Skills

AML/ATF experience

Analytical skills

Communication skills

Time management

Education

CAMS certification

Tools

AML/ATF management & reporting systems

Job description

The AML/ATF Operations team is responsible for complying with the anti-money laundering/anti-terrorist financing (AML/ATF) regulations on behalf of all Canadian domiciled entities of Manulife. This includes: 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 be responsible for the effective 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:

• Conduct AML assessments based on referrals from Business Areas and determine the appropriate course of action based on unusual activity.
• Assess daily transaction monitoring alerts, understanding the indicators, facts, and context of the transaction activity.
• Investigate and assess the risk of alerts identified by Manulife’s customer risk assessment tools using judgment and knowledge of money laundering patterns to assess whether transactions are suspicious; conduct investigations; make recommendations as to the appropriate course of action and document details of suspicion where required.
• Maintain proper records and audit trails of investigation activity and disposition actions for all alerts, ensuring compliance with regulatory filing requirements.
• Assess daily ATF/PEP/Country watch list alerts to determine if watch list record has a business relationship with Manulife; and performing enhanced due diligence as required with appropriate reporting.

Required Qualifications:

• 2+ years of AML/ATF experience.
• Understanding of AML/ATF regulations and risk management.
• Effective analytical skills and strong oral and written communication skills.
• Strong time management with ability to take responsibility and operate independently to ensure that compliance objectives are achieved.

Preferred Qualifications:

• Solid experience with AML/ATF management & reporting systems (e.g., PRM, FCRM, FWR).
• Strong knowledge of all Manulife products, processes, and systems.
• Banking and/or Securities sector AML/ATF experience.
• CAMS certification.
• Bilingual in French.

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

Primary Location: Waterloo, Ontario

Working Arrangement: Hybrid

Salary Range: $50,700.00 CAD - $84,500.00 CAD

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence.