Financial Crime Name Screening Analyst

Aviva Canada; Markham; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Financial Crime Name Screening Analyst to join their dynamic Verify Team. In this hybrid role, you will leverage your expertise in financial crime investigations to assess risks associated with various relationships and ensure compliance with industry standards. You will conduct thorough due diligence, develop risk exposure analyses, and collaborate with partners to mitigate financial crime risks. This is an exciting opportunity to make a significant impact in a forward-thinking organization that values flexibility and professional growth.

Benefits

Competitive salary

Bonus opportunities

Health benefits

Retirement plans

Career development support

Wellness programs

Volunteer opportunities

Qualifications

• 5+ years in Financial Crime Investigation or insurance with risk focus.
• Excellent written communication for risk documentation.

Responsibilities

• Investigate financial crime alerts and document risk exposures.
• Monitor compliance with financial crime policies and standards.

Skills

Financial Crime Investigation

Risk Assessment

Communication Skills

Critical Thinking

Microsoft Excel

Interpersonal Skills

Education

Certified Anti-Money Laundering Specialist (CAMS)

Bachelor's Degree in a related field

Tools

Oracle Watchlist Screening system

Financial Crime Screening Systems

Job description

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

Aviva recognizes the importance of being flexible and the benefits of being together; this role will be hybrid – the best of both worlds.

We are looking for a new member to join the Verify Team as a Financial Crime Name Screening Analyst!

The key purpose of this role is to identify and assess the financial crime risks associated with various Aviva relationships, document exposures, and mitigate associated financial crime risks. The focus will be on conducting high-quality, fact-based due diligence investigations in compliance with established processes while meeting business demands.

Does this sound like an exciting challenge? Come join our team!

What You’ll Do

1. Investigate alerts of current relationships within the Global Name Screening system (GNS), undertake necessary investigations, prepare risk exposure analyses in line with Aviva’s appetite, and communicate recommendations to involved partners.
2. Act as the subject matter expert on financial crime requirements, industry best practices, and applicable regulations related to financial crime risks.
3. Maintain a high level of expertise in conducting fact-based investigations while adhering to service level agreements.
4. Monitor business activity against Financial Crime policies, procedures, and standards to identify non-compliance incidents.
5. Follow standards laid out in regulatory, Financial Crime Business Standards, and Minimum Compliance Standards.
6. Handle incoming Due Diligence requests, complete investigations, analyze, and assess Aviva’s financial crime risk, and follow up with the business on final decisions within required timelines.
7. Assess financial crime risk exposures across the organization, understand potential implications, and recommend mitigation strategies.
8. Ensure timely escalation of high-risk relationships to key collaborators, including 2nd Line Risk.
9. Assist in developing and maintaining processes and workflows to ensure sound financial crime mitigation practices.
10. Monitor and follow up with business partners on recommendations, actions taken, and strategies deployed; maintain accurate documentation.
11. Escalate failures of action or risk mitigation.
12. Develop strong working knowledge of internal systems and external research tools used in financial crime analysis and investigation.
13. Build and maintain understanding of industry standards and internal procedures.
14. Develop knowledge of general insurance products and the application of financial crime review to these products and processes.

What You’ll Bring

1. 5+ years of Financial Crime Investigation experience with exposure to B&C, AML, and/or Sanctions risk assessment OR 5+ years in insurance with a risk-focused, compliance, or underwriting role.
2. Awareness of risk and experience evaluating risk as part of routine activities.
3. Excellent written communication skills, especially in building comprehensive risk opinions and research documentation.
4. Certified Anti-Money Laundering Specialist (CAMS) designation; familiarity with FINTRAC compliance programs is an asset.
5. Knowledge of financial crime screening systems/databases, investigative processes, and ability to assess true matches' risks.
6. Experience with Oracle Watchlist Screening system is an asset.
7. Insurance-related experience with increasing responsibility is an asset.
8. Understanding of claims and underwriting processes and systems.
9. Strong critical thinking and investigative skills.
10. Advanced Microsoft Excel skills.
11. Excellent interpersonal, communication, and collaboration skills.
12. Ability to articulate risk points to senior leaders for informed decision-making.
13. Strong organizational, time management, problem-solving skills, and ability to handle complex documents.
14. Ability to build and maintain key partner relationships.
15. Effective communication of technical concepts to diverse audiences.
16. Ability to work independently and proactively handle projects.

What You’ll Get

1. Compensation is determined by knowledge, skills, experience, and internal equity.
2. Competitive rewards including base salary, bonus, retirement plans, health benefits, wellness, and volunteer opportunities.
3. Career development opportunities and support for professional education.

Please note that AI tools may be used in our recruitment process. This is an existing position posted internally and externally.

We provide accommodations for employees with disabilities. Contact your Talent Acquisition Partner for specific needs upon employment start.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Other, IT, Management
• Industry: Insurance