Financial Crimes Analyst

Innovation Credit Union Limited; Canada; Remote; CAD 60,000 - 85,000; Full time

Job summary

A leading Canadian financial institution is seeking a Financial Crimes Analyst to join its risk management team. The role involves investigating financial transactions to identify illicit activities, ensuring compliance with regulations, and collaborating with stakeholders. Candidates should have relevant certifications and experience in financial crime analysis, along with strong analytical skills and proficiency in Microsoft 365 tools.

Benefits

7% employer-matched pension plan

Extended health benefits from Day 1

Qualifications

• Grade 12 Diploma required.
• Certification in AML/ATF (CAMS, ACAM) desirable.
• 3-5 years of experience in financial crime analysis or a related field.

Responsibilities

• Investigate financial transactions to detect potential financial crimes.
• Analyze data to identify suspicious activities including fraud and money laundering.
• Prepare and submit regulatory reports within prescribed timelines.

Skills

Attention to detail

Organizational skills

Written and verbal communication

Collaboration

Proficiency with Microsoft 365

Education

Grade 12 Diploma

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

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

Job description

Description

The Financial Crimes Analyst will be responsible for supporting the Financial Crimes Risk Management team in investigating financial transactions to detect potential financial crimes, 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.

We are seeking a Financial Crimes Analyst to join our team! Key responsibilities include:

• Building relationships and supporting management and employees regarding the Process for Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), regulations, and FINTRAC guidance.
• Supporting the Manager, AML & Fraud in implementing the Anti-Money Laundering and Anti-Terrorist Financing Compliance Program.
• Analyzing complex financial transactions and data to identify suspicious activities, including fraud and patterns indicative of money laundering (ML) or terrorist financing (TF).
• Preparing and submitting regulatory reports within prescribed timelines and internal SLAs.
• Assisting with department and corporate initiatives, contributing to engagement plans, and conducting ML and TF training for team members and the organization.
• Researching and navigating banking systems and software to extract information supporting investigations, monitoring, and reporting.
• Maintaining thorough knowledge of PCMLTFA, its regulations, and FINTRAC guidance.
• Ensuring daily compliance with policies and procedures relevant to operational areas.

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 field, or equivalent education and experience
• Attention to detail and strong organizational skills with the ability 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, and strive to improve for our members and employees.

As one of only three federal credit unions in Canada, we are committed to securing our future and growing across the country. Made in Sask, Built for Canada!

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

In the spirit of Truth and Reconciliation, we acknowledge the traditional territories of the First Nations, Métis, and Inuit peoples. We are privileged to live, work, and benefit from these lands.