Risk Analyst - QA

Robertson & Company Ltd.; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a skilled professional for a 12-month contract in Toronto. This role focuses on quality assurance for AML and ATF compliance, evaluating risks, and providing detailed documentation. The successful candidate will have substantial experience in AML investigations, technical skills, and a commitment to maintaining stringent compliance and risk management standards.

Qualifications

• At least 4+ years experience in AML investigations and 1 year of STR filing experience.
• Understanding of PCMLTFA regulations.
• Proficiency in Excel is a must.

Responsibilities

• Perform quality assurance on AML investigations.
• Evaluate ML/TF risk and keep abreast of regulatory requirements.
• Manage ambiguity and apply judgement in resolving business issues.

Skills

Analytical skills

Attention to detail

Technical skills

Communication

Tools

Microsoft Office

Job description

Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.

Contract Period : 12 months

Location : Toronto, ON

Location Type : Hybrid; Monday and Tuesday onsite - subject to change

Business Hours : Monday to Friday; 9 AM to 5 PM

Job Responsibilities :

• Perform a quality assurance on 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 check on cases / alerts as part of the controls of the bank's 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 judgement to identify, troubleshoot and resolve ongoing business and operational issues
• Assist the QA 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 serve 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

Experience & Qualification Requirements :

• At least 4+ Years experience in AML investigations experience and with 1 year of STR filing experience
• Understanding of related regulations, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)
• Experience with a wide variety of ML / TF risks for multiple customer / product types and a solid ability to articulate the risks and your findings in a recommendation summary
• Excellent technical and computing skills : including the ability to use various searchable databases and Microsoft Office software
• Skill in using computer applications including MS Office. Proficiency in Excel is a must (manipulate data, formulas, sort
• Ability to process and handle confidential information with discretion
• ALL CANDIDATES MUST COMPLETE A CRIMINAL AND CREDIT CHECK AS PART OF THE APPLICATION PROCESS

How to Apply : If you are a motivated professional looking to contribute to a leading team, please submit your resume outlining your qualifications and experience relevant to this role. Robertson & the clients we represent, value diversity and are committed to creating an inclusive workplace. We invite all qualified individuals to apply.

Robertson & the clients we represent are equal opportunity employers, committed to diversity and inclusion. Robertson is a certified diverse supplier and actively seeks to foster a representative and inclusive workforce. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, Aboriginal status, or any other legally protected factors. We champion building a diverse and inclusive environment.