Risk Analyst II

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

Job summary

ICONMA seeks a Risk Analyst II to support their Toronto team. This role focuses on regulatory compliance, risk management, and providing analytical support in AML/ATF and other banking matters. The ideal candidate should have two years of relevant experience and a proactive approach to problem-solving. Competitive salary and significant growth opportunities are offered.

Benefits

Health Benefits

Referral Program

Excellent growth and advancement opportunities

Qualifications

• 2 years AML experience required.
• Previous corporate and banking experience is necessary.
• Self-driven and motivated learning attitude.

Responsibilities

• Provide operational process support and ensure regulatory compliance.
• Develop and execute AML reporting functions.
• Participate in risk identification and management.

Skills

Analytical skills

Operational process support

Knowledge of AML/ATF regulations

Attention to detail

Problem-solving skills

Education

Professional education or certifications

Job description

Our Client, a Banking company, is looking for a Risk Analyst II for their Toronto, ON/Hybrid location.

Responsibilities:

• Provide a range of analytical and/or operational process support within a defined functional area.
• Develop and maintain knowledge of relevant regulations as well as existing and emerging ML/TF, BSA, Sanctions and ABAC risk across the business.

Customer

• Act as a key resource / specialist owner or representative by providing technical subject matter expertise / analysis or operational process support on AML/ATF, Sanctions/ABAC matters
• Contribute to the identification, and implementation of new products, operating workflow, additional services / products / applications or operational efficiencies
• Ensure currency transaction reports, suspicious activity reports and suspicious transaction reports are filed in accordance with regulatory requirements
• Run and review information against various lists/guidelines to ensure accuracy and flag potential deviations and unusual activity
• Develop and execute on AML, Sanctions/ABAC reporting functions and/or produce consolidated or aggregated reporting as appropriate

Shareholder

• Prioritize and manage own workload to meet SLA requirements for service and productivity
• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high-risk transactions / activities as necessary
• Comply with applicable internal and external audit and regulatory requirements and may actively participate in Audit Reviews, providing recommendations and guidance as required
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee / Team

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-today activities
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand champion for your business area/function and the bank, both internally and/or externally

Breadth & Depth

• Require specialized expertise and performs multiple and/or diverse tasks that are highly complex, involving multiple steps, systems, and jurisdictions
• Transactions and activities require in depth knowledge across a broad range or variety of products, processes or systems within own area of specialty and where transactions could be characterized by moderate to high risk
• Gather and analyze data to identify complex problems and escalates as required
• Generally interact with internal customers / partners for functions performed and/or external customers May provide process / policy guidance to others (e.g. within team, internal partners)
• Focus of work is weekly, monthly and/or longer with addition of adhoc and initiative-based requests, as required
• Process subject matter expert in a range of technical processes and procedures Generally reports to a Team Manager

Requirements:

• 2 years AML experience
• Previous corporate experience
• Self-driven and motivated to learn
• Able to work independent but also work as part of a team
• Computer savvy – pick up on internal systems and quick learner
• Previous banking experience (international included)
• Professional education or certifications
• Business writing experience

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 express, 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.

About the company

ICONMA is a nationwide consulting firm with corporate headquarters in Troy, MI, providing Professional Staffing and Project Based Services and Solutions for Fortune 1000 clients in a broad range of industries. Core Industries served include: Biotech/Ph...

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