QA EDD Work Stream

ICONMA; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A financial services company in Toronto is seeking a QA EDD Work Stream professional. You will perform quality assurance checks for high-risk customer accounts and ensure compliance with regulations. The ideal candidate will have EDD work stream experience and CAMS certification. Join a team that values health benefits and offers excellent growth opportunities.

Benefits

Health Benefits

Referral Program

Growth and advancement opportunities

Qualifications

• EDD work stream experience required.
• Experience with high risk customers necessary.
• CAMS certification preferred.

Responsibilities

• Perform QA checks on case files related to new accounts and ongoing reviews.
• Evaluate potentially suspicious account activity and recommendations.
• Manage ambiguity and apply judgment to resolve operational issues.

Skills

EDD work stream experience

Experience working with high risk customers

PEP (Politically Exposed Person) experience

High attention to detail

Regulatory reporting

FI experience or consulting based firms

CAMS certification

Job description

Overview

Our Client, a Banking company, is looking for a QA EDD Work Stream for their Toronto, ON / Hybrid location.

Responsibilities

• Perform QA checks on case files related to new accounts and ongoing account reviews for existing high risk customers, obtaining, analyzing, reviewing, and verifying information for high risk individuals and businesses.
• Perform QA checks on case files related to EDD clients including but not limited to: business activity and nature of business, ownership structure including controlling interests and beneficial ownership.
• Perform QA research on anticipated or actual volume and types of transactions, including those transactions involving higher-risk jurisdictions.
• Perform a quality check on a broad range of money laundering investigation related activities in support of Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) regulations designed to detect and report on financial-related crimes.
• Evaluate ML/TF risk by conducting quality checks on cases/alerts as part of the controls of the Client AML and ATF program.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Evaluate potentially suspicious account activity. Recognize and evaluate accounts and activity and effectively document recommendations regarding account retention and/or regulatory reporting obligations.
• Provide trend analysis of AML/ATF findings and gaps to Management for review.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
• Manage ambiguity and apply judgment to identify, troubleshoot and resolve ongoing business and operational issues.
• Assist the QC function with developing/drafting and maintaining written policies, procedures and/or programs/frameworks to minimize compliance breaches and monitor adherence to applicable regulations/requirement.
• Prioritize and manage own workload to meet SLA requirements for service and productivity.
• Represent as a project lead on projects / initiatives and/or at meetings across the organization.
• Serve as a subject matter expert in a quality control function and as knowledge and process expert to others.
• Effectively work independently with minimal supervision within a team environment to complete a common goal and prioritize daily workload to meet department objectives.
• Adhere to the team policy and procedures to ensure that work is properly documented.
• Ability to lead and positively influence others.
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities.
• Perform additional duties and participate in special projects as required.

Requirements

• EDD work stream experience
• Experience working with high risk customers
• PEP (Politically Exposed Person) experience
• High attention to detail
• Regulatory reporting
• FI experience or consulting based firms
• CAMS certification

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or expression, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.