AML Investigator

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians.

Central 1 provides critical services at scale to enable a thriving credit union system.

We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada.

For more information, visit www.central1.com.

What we offer:

• Work-life flexibility
• Hybrid work environment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits plan including family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access to a learning platform and educational assistance support
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community and other paid time off options
• Corporate discounts *subject to employment agreement

Job Summary:

Join our team as an AML Investigator and be at the forefront of providing exceptional AML/ATF services, shielding our clients from regulatory risks.

Dive into dynamic data analysis, uncovering potential money launderers and terrorism financiers.

With great responsibility comes great trust-confidentiality is key.

Ready to make a real impact? Join us today

What you will be doing:

• Adjudicate alerts from the transaction monitoring (TM) systems to determine if they require further investigation or can be closed as not suspicious or indicative of sanctions violations
• Adjudicate alerts from Watch List to identify potential PEPs (Politically Exposed Persons) or persons or entities on other regulatory lists
• Using a risk-based approach, collect and analyze a wide variety of information related to system or manually generated alerts to identify persons and entities that may be laundering money or funding terrorism, escalating as appropriate for further investigation
• Support the fulfillment of necessary reporting requirements by ensuring accurate documentation, timely disposition, and provision of critical information
• Assist and support with AML/ATF related enquiries received from credit unions
• Ensure that all assigned alerts are reviewed and completed within certain timelines; while meeting the daily or monthly targets set forth by the management
• Ensure that the quality of the work performed meets the standards prescribed by the specific quality assurance matrix
• Support management in providing current and future services to clients
• Maintain a current understanding of money laundering and terrorist financing issues, including Central 1’s policies/procedures, FINTRAC guidelines, industry best practices, AML/ATF terminology, criminal typologies and developing trends
• Provide input on participating credit union’s AML/ATF applications to improve effectiveness and efficiency
• Document all information found throughout an AML/ATF investigation, including developing and maintaining account files in a manner that will ensure compliance with AML/ATF regulations and the client’s requirements
• Identify, research, facilitate and promote business opportunities to help Central 1 increase its presence in the AML/ATF marketplace

What you'll have:

• 3+ years of relevant financial crimes experience, preferably in AML/ATF compliance
• University degree or college diploma with a minimum of two years’ experience in criminology, law, or money laundering/fraud investigation
• Certified Anti-Money Laundering Specialist (CAMS) or equivalent, or a commitment to obtaining such certification within one year of employment
• Strong analytical and problem-solving skills to assess AML/ATF alerts, data, and patterns for identifying money laundering or terrorist financing risks
• Proficient in analysis principles, methodologies, tools, and techniques
• Demonstrated ability to make informed judgments based on analysis
• Effective oral and written communication skills with clients, technical teams, and partners
• Ability to conceptualize, develop, and present innovative ideas and solutions
• Exceptional attention to detail and accuracy
• Thrives in a fast-paced, dynamic environment
• Committed to delivering excellent client service
• Strong stakeholder engagement skills
• Self-motivated with the ability to work independently
• Collaborative team player who shares knowledge with internal and external stakeholders
• Excellent organizational abilities, including prioritization, scheduling, time management, and meeting deadlines

Salary Range: $60,00