KYC Compliance Specialist

4 weeks ago

Toronto, Ontario, Canada SMBC Group Full time

Role Description

The position is primarily responsible for conducting key KYC/AML tasks, including customer onboardings, periodic reviews, and maintenance of customer information in Branch systems. The KYC Analyst will ensure continuous compliance with legal and regulatory requirements.

Key Accountabilities

  • Support Branch Front Office Teams in executing KYC, CDD, and EDD requirements for new and existing customers.
  • Maintain accurate and complete customer information in the KYC/Customer Information File System.
  • Ensure KYC/AML information is up-to-date based on documents received from clients or independently sourced.
  • Analyze and advise on KYC requirements for new and existing customers.
  • Perform adverse media, PEP, and sanctions screening of customer names and affiliated parties.
  • Circulate new customer onboarding information for Branch Management approval.
  • Conduct KYC periodic reviews of customer profiles and documentation.
  • Conduct off-cycle and trigger-based reviews based on changes to customer circumstances.
  • Adhere to the KYC Periodic Review schedule and escalate any issues promptly.
  • Review and adjudicate sanctions screening alerts for wire payments and customer transactions.
  • Review and adjudicate AML transaction monitoring alerts.

File Management

  • Create and maintain an organized customer folder structure on a shared drive.
  • Assess corporate documents for KYC/AML compliance.
  • Assist administration teams with electronic filing of KYC/AML documentation.
  • Support the KYC Team's adherence to record retention requirements.

Customer Service & Outreach

  • Follow up on outstanding documentation requests with Front Office staff.
  • Respond to customer enquiries in a timely and accurate manner.

Training

  • Provide training and guidance to team members and branch staff on KYC/AML activities and procedures.
  • Report training needs to the Team Leader.
  • Complete cross-training for broader Corporate Compliance & AML Compliance activities.

Reporting & Metrics

  • Support the compilation and analysis of recurring metrics and management reporting.
  • Prepare and circulate department reports.

Delegated Approvals

  • Complete relevant approvals for Department Head/Section Head when tasks within the KYC Team have been delegated.

Qualifications and Skills

Education:

  • Bachelor's degree in business, economics, or a similar major is required.

Experience:

  • Minimum 3 years of progressive experience in a KYC, compliance, and/or AML role.
  • Preferably 2 years of experience in commercial/corporate banking.

Skills:

  • Working knowledge of Canadian AML legislation and regulations.
  • Good communication and organizational skills.
  • Problem-solving and decision-making skills.

Working Environment:

Time pressure/deadlines: Considerable

Stress of multiple demands: Considerable

Attention to details: Considerable

Environment: Hybrid – Open office and remote

  • KYC Compliance Specialist

    4 weeks ago

    Toronto, Ontario, Canada SMBC Group Full time

    Role DescriptionThe position is primarily responsible for conducting key KYC/AML tasks, including customer onboardings, periodic reviews, and maintenance of customer information in Branch systems. The KYC Analyst will ensure continuous compliance with legal and regulatory requirements.Key AccountabilitiesSupport Branch Front Office Teams in executing KYC,...

  • KYC Compliance Specialist

    4 weeks ago

    Toronto, Ontario, Canada SMBC Group Full time

    Role DescriptionThe position is primarily responsible for conducting key KYC/AML tasks, including customer onboardings, periodic reviews, and maintenance of customer information in Branch systems. The KYC Analyst will ensure continuous compliance with legal and regulatory requirements.Key AccountabilitiesSupport Branch Front Office Teams in executing KYC,...

  • KYC Compliance Specialist

    4 weeks ago

    Toronto, Ontario, Canada SMBC Group Full time

    Job SummaryThe KYC Analyst will play a crucial role in ensuring the Branch's compliance with legal and regulatory requirements related to Know Your Customer (KYC) and Anti-Money Laundering (AML). The successful candidate will be responsible for conducting key KYC/AML tasks, including customer onboarding, periodic reviews, and maintenance of customer...

  • Compliance Specialist for Commercial Banking

    1 week ago

    Toronto, Ontario, Canada SMBC Group Full time

    About the RoleWe are seeking a highly skilled Compliance Specialist to join our team at SMBC Group. As a key member of our commercial banking team, you will play a critical role in ensuring that our clients' transactions comply with all relevant laws and regulations.Job DescriptionThe successful candidate will be responsible for supporting our Front Office...

  • Compliance Specialist

    2 weeks ago

    Toronto, Ontario, Canada SMBC Group Full time

    KYC/AML Compliance Role at SMBC GroupThe KYC/AML Compliance role at SMBC Group is responsible for ensuring compliance with legal and regulatory requirements related to Know Your Customer (KYC) and Anti-Money Laundering (AML) activities. This includes supporting Branch Front Office Teams in executing KYC, CDD, and EDD requirements, maintaining accurate and...

  • Compliance Risk Management Specialist

    5 days ago

    Toronto, Ontario, Canada SMBC Group Full time

    About the RoleWe are seeking a highly skilled Compliance Risk Management Specialist to join our team at SMBC Group. As a key member of our compliance team, you will play a critical role in ensuring that we maintain the highest standards of compliance and risk management.Key Responsibilities:Support Branch Front Office Teams in executing Know Your Customer...

  • Compliance Analyst

    4 weeks ago

    Toronto, Ontario, Canada MUFG Full time

    Make a meaningful impact in the world of financeMitsubishi UFJ Financial Group (MUFG) is a global leader in the financial industry, and we're seeking a highly skilled Compliance Analyst to join our team.As a Compliance Analyst, you will play a critical role in assisting the Chief Compliance Officer in the activities of compliance and anti-money laundering....

  • Group Product Owner

    3 weeks ago

    Toronto, Ontario, C6A, Ontario, Canada S.i. Systems Full time

    Location: Toronto, HybridJob Description:The Product Group Owner (KYC Product) is responsible to ensure that a development team or multiple development teams are creating value for the organization through the delivery of customer-focused product increments. This entails aligning with other Product Owners and senior management to follow a product vision,...

  • Compliance Officer

    4 weeks ago

    Toronto, Ontario, Canada Sokin Full time

    About UsSokin is a leading B2B financial services provider that enables global payments and receivables for businesses. Our mission is to make cross-border transactions cheaper, faster, and more transparent – at the best wholesale exchange rate.We're a new-age payments solution aiming to empower business trade cross-border with ease, with greater speed,...

  • Anti-Money Laundering Compliance Specialist

    2 weeks ago

    Toronto, Ontario, Canada MUFG Full time

    Unlock Your Skills in Financial ComplianceMitsubishi UFJ Financial Group (MUFG) is a leading global financial institution with a presence in 42 countries. We're seeking a highly skilled Compliance Officer to join our team in a dynamic role that combines financial expertise with a passion for compliance.As a Compliance Officer, you'll be responsible for...

  • Regulatory Compliance Specialist

    2 weeks ago

    Toronto, Ontario, Canada Wellington-Altus Full time

    The Manager, Supervision at Wellington-Altus will be responsible for implementing and maintaining an efficient and effective system of advice, education, and supervision to ensure adherence to regulatory requirements and internal policies.Main Responsibilities:Conduct regular tier 1 supervision activities, including the review and approval of trade reports,...

  • Director, Enterprise Risk Management, KYC, Monitoring and Reporting

    7 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    About The JobWe are seeking a Director, Enterprise Risk Management, KYC, Monitoring and Reporting to lead the workstreams to enhance TD's KYC program and its monitoring and reporting processes. This role oversees the development of solutions for these workstreams to ensure they are built in alignment with regulatory requirements and best practices.Key...

  • Senior Compliance Officer

    1 month ago

    Toronto, Ontario, Canada Futran Tech Solutions Pvt. Ltd. Full time

    Senior KYC OfficerFutran Tech Solutions Pvt. Ltd. is seeking a highly skilled Senior KYC Officer to join our team.Key Responsibilities:Ensure the accuracy and completeness of all data, documents, and information collected as part of the due diligence process.Conduct thorough risk assessments and develop effective mitigation strategies to prevent money...

  • Global Compliance Technology Specialist

    1 week ago

    Toronto, Ontario, Canada Ripple Full time

    Job OverviewRipple is a pioneering company that's revolutionizing the way value moves across borders. We're seeking a highly skilled Senior Technology Analyst to join our Global Compliance team and contribute to the development and maintenance of cutting-edge financial crime compliance technology solutions.Key ResponsibilitiesCollaborate with...

  • AVP, FCRM and Chapter Lead, KYC, Monitoring and Reporting, Canada

    1 month ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job DescriptionAs a Senior Risk Management Professional, you will play a key role in enhancing TD's Know Your Customer (KYC) program and its monitoring and reporting processes. You will lead the development of solutions to ensure alignment with regulatory requirements and best practices, providing subject matter expertise in the development of solutions.Key...

  • Trade Compliance Specialist

    1 week ago

    Toronto, Ontario, Canada Trade Compliance Recruiting Solutions Full time

    Hiring a Trade Compliance Specialist to join our team at Trade Compliance Recruiting Solutions in the University of Toronto, Mississauga campus area.Job Description:We are seeking an experienced Trade Compliance Specialist to work 100% on site with flexible working hours. As the subject matter expert in Trade Compliance for our global company, you will be...

  • Senior Risk Management Lead, KYC and Monitoring

    4 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Management Lead to join our team in Canada. The successful candidate will lead the workstreams to enhance TD's KYC program and its monitoring and reporting processes.Key ResponsibilitiesProvide strategic direction to support delivery of sustainable enhancements to TD's Know Your Customer (KYC)...

  • VP Payment Compliance Specialist

    4 weeks ago

    Toronto, Ontario, Canada Peoples Trust Full time

    About the RoleWe are seeking a seasoned regulatory compliance contributor to join our team as a VP Payment Compliance Specialist. As a key member of our compliance team, you will be responsible for advising and managing regulatory compliance for new lines of business, leveraging control systems to verify business adherence to applicable laws, regulations,...

  • Financial Compliance Reviewer

    6 days ago

    Toronto, Ontario, Canada Randstad Full time

    We are currently seeking a Quality Control Analyst to support our client in their Toronto office. This is an excellent opportunity for you to further develop your skills within the financial services industry.Job OverviewThe Quality Control Analyst will be responsible for reviewing and evaluating various financial activities, ensuring compliance with...

  • Senior Technology Compliance Specialist

    1 month ago

    Toronto, Ontario, Canada Ripple Full time

    About RippleRipple is a leading technology company that is revolutionizing the way value moves around the world. We're building a world where value flows like information does today, and we're already making it happen. Our crypto solutions for financial institutions, businesses, governments, and developers are improving the global financial system and...