Financial Crimes Analyst

Innovation Federal Credit Union; Canada; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading credit union in Canada is seeking a Financial Crimes Analyst to support the Financial Crimes Risk Management team. The role involves investigating financial transactions, ensuring compliance with regulations, and collaborating with stakeholders. Candidates should have a Grade 12 Diploma, relevant certifications, and experience in financial crime analysis. This position offers a competitive salary and benefits, including a pension plan and health coverage from Day 1.

Benefits

7% employer-matched pension plan

Extended health benefits from Day 1

Qualifications

• 3-5 years of experience in financial crime analysis or fraud investigation.
• Strong organizational skills to meet deadlines in a fast-paced environment.
• Ability to work independently and collaboratively.

Responsibilities

• Analyze financial transactions to identify suspicious activities.
• Prepare and submit regulatory reports within prescribed timelines.
• Support the Financial Crimes Risk Management team with initiatives.

Skills

Attention to detail

Organizational skills

Communication skills

Analytical skills

Education

Grade 12 Diploma

Certification in AML/ATF (e.g., CAMS, ACAM)

Bachelor's degree in Finance, Accounting, Criminal Justice, or related field

Tools

Microsoft 365 applications

Job description

Join to apply for the Financial Crimes Analyst role at Innovation Federal Credit Union.

The Financial Crimes Analyst will be responsible for supporting the Financial Crimes Risk Management team in investigating financial transactions to detect potential financial crime activities, including fraud, money laundering, and other illicit activities. This role involves analyzing financial data, conducting investigations, and collaborating with stakeholders to ensure compliance with regulatory requirements, Credit Union policies, and procedures to protect Innovation’s assets.

Responsibilities

• Build relationships and support management and employees regarding the Process for Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), regulations, and FINTRAC guidance.
• Assist the Manager, AML & Fraud with implementing the Anti-Money Laundering and Anti-Terrorist Financing Compliance Program.
• Analyze financial transactions and data to identify suspicious activities, including fraud, money laundering, and terrorist financing patterns.
• Prepare and submit regulatory reports within prescribed timelines and internal SLAs.
• Support the Financial Crimes Risk Management team with department and corporate initiatives, contribute to engagement plans, and assist with ML and TF training for team members and staff as needed.
• Research banking systems and other software to extract pertinent information for investigations, monitoring, and reporting.
• Demonstrate thorough knowledge of PCMLTFA, its regulations, and FINTRAC guidance.
• Ensure daily compliance with relevant policies and procedures.

Qualifications

• Grade 12 Diploma.
• Certification in AML/ATF (e.g., CAMS, ACAM) and/or a Bachelor's degree in Finance, Accounting, Criminal Justice, or related field.
• 3-5 years of experience in financial crime analysis, fraud investigation, or related fields, or an equivalent combination of education and experience.
• Attention to detail and strong organizational skills to meet deadlines in a fast-paced environment.
• Excellent written and verbal communication skills.
• Ability to work independently and collaboratively.
• Proficiency with Microsoft 365 applications (Excel, Teams, Viva, Power Automate, PowerBI).

About Us

Hi! We’re Innovation Federal Credit Union. Our purpose is to simplify banking for all Canadians. We value Accountability, Integrity, and Respect. We are proud to be one of the three federal credit unions in Canada, committed to community impact and growth across the country.

We care about our communities—last year, we donated $1.1 million to local organizations. Nearly 22% of our team identifies as part of a designated group, reflecting our commitment to diversity and inclusion. Benefits include a 7% employer-matched pension plan and extended health benefits from Day 1.

We acknowledge that we are on the traditional territories of First Nations, Métis, and Inuit peoples, and honor their enduring presence.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job functions: Other, Information Technology, Management