Sr. Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AMLATF)

Equitable Life of Canada; Waterloo; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

A leading financial services provider is seeking a Sr. Compliance Analyst focused on AML/ATF initiatives. The role involves enhancing compliance programs, conducting investigations, and ensuring regulatory requirements are met. Ideal candidates should have extensive experience in the financial sector along with strong analytical and communication skills. This position offers a hybrid work model and values inclusivity and employee wellness.

Benefits

Healthy work-life balance

Employee resource groups

Onsite cafeteria

Qualifications

• 5+ years of experience with AML/ATF in the financial services industry.
• Knowledge of Canadian AML/ATF legislation and requirements.
• Experience using and maintaining AML/ATF systems.

Responsibilities

• Implement AML/ATF compliance programs and monitoring tools.
• Conduct investigations on high-risk clients and suspicious transactions.
• Provide compliance support to different business units.

Skills

AML/ATF experience

Analytical skills

Communication skills

Research skills

Problem-solving skills

Education

AML(CAMS) certification

Graduation in finance or related field

Tools

Excel

PowerBI

Job description

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact—for our clients, our communities, and each other.

Position Title: Sr. Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AMLATF)
Reports To: Director, Compliance Department : Compliance Term: Temporary Full-Time, Twelve (12) Month Contract


Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.


The Opportunity : At Equitable, our focus is on making a meaningful impact in the lives of Canadians by putting clients at the heart of everything we do. We lead with empathy, act with intention, stay curious, and support one another every step of the way.

If you're looking for purpose-driven work in a collaborative and inclusive environment where your voice is heard, and your growth is encouraged we’d love to connect! We are looking for a Sr. Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AMLATF) to join our Compliance team!

The Sr. Compliance Analyst, Anti-Money Laundering Anti-Terrorist Financing (AMLATF) will administer the Compliance department’s AML/ATF program in support of all business units. Key responsibilities include enhancing and executing processes and controls in the program to ensure the Company effectively meets regulatory requirements and managing related internal and external reporting.

Join one of the Waterloo Area’s Top Employers for 2025 and Southwestern Ontario’s Top Employers for 2024 and be part of something that matters!

What you will be doing:

• Research and assess business practices; analyze regulatory obligations/expectations to proactively identify opportunities for Compliance to implement new or improve existing AMLATF compliance programs and monitoring tools.
• Develop, document and maintain procedures for the AML/ATF program, including trending and analysis, exception reporting, investigative processes, and applicable internal, external, and regulatory reporting.
• Advise on configuration and design of AML/ATF digital tools and software for identifying and monitoring AML/ATF risks. Lead, develop, and participate in user acceptance testing, validating that the technology or solution meets needs, and play the key role in ensuring successful project implementation for any projects requiring Compliance input.
• Implement measures to detect and deter money laundering and terrorist financing including transaction monitoring programs, and case-by-case guidance.
• Develop, monitor, and investigate due diligence monitoring reports, high risk clients, and suspicious transaction reports.
• Review, triage and report escalated potential suspicious activity on a timely basis
• Provide compliance support to business units for compliance with legislation and external industry association guidelines using a risk-based approach
• Review and advise on product, new development and technology risk and coordinate risk assessments as required to assist business areas in effectively managing AML/ATF risks
• Develop and conduct training on AML/ATF matters, including specialized training as required for business units and Compliance
• Participate in special assignments and projects involving compliance and complex initiatives that present AML/ATF risk
• Handle extremely sensitive materials with the strictest confidentiality and privacy.
  
  
  

What you will bring:

• 5+ years of experience with AML/ATF in the financial services industry (preferably in compliance, audit or risk management, and within life insurance and investment products)
• Knowledge of Canadian AML/ATF legislation, FINTRAC and regulatory requirements affecting compliance in the life insurance industry
• Experience using and maintaining AML/ATF systems and/or analyzing, designing and monitoring controls
• Well-developed research, analytical, problem solving and decision-making skills
• Highly developed written and oral communication skills, including presentation skills. Ability to communicate with all levels of the organization, strong analytical, organizational, negotiation and problem-solving skills.
• Experience using spreadsheet and database software (e.g. Excel, PowerBI, AML/ATF sanctions/screening tools)
• AML(CAMS), FLMI, and/or compliance designations/courses beneficial.
• Experience managing an AML program and bilingual (French) capabilities would be assets.

What’s in it for you:

• A workplace where care, passion, and curiosity aren’t just values, they’re how we work, grow, and succeed together every day.
• A healthy work-life balance with employee wellness top of mind
• We value open, honest communication between team members, challenging each other to continually improve
• Employee resource groups that support an inclusive work environment
• An onsite, full-service cafeteria with a variety of daily options
• Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to:

• Provide two professional references (minimum one supervisor and above)

This position is available due to an existing vacancy.

We are dedicated to inclusive and accessible hiring practices. If you require accommodations or alternative formats, please contact us at [e-mail].

#LI-Hybrid