Analyst, Aml Enhanced Due Diligence

The AML/ATF department within Compliance is responsible for the management of the Bank’s AML/ATF risk through the implementation and monitoring of effective controls. The Analyst role is a multi-faceted one as responsibilities include conducting name screening, AML/ATF monitoring and testing routines, assessing unusual transactions, maintaining training and administrative records and providing support and guidance to the AML team and the business units. The environment is fast-paced and requires effective time management of multiple tasks and projects.

**The Work **:

- Perform daily name screening of new and existing clients and analyzes hits resulting from the Bank’s client name screening process to identify potential customer name matches to individuals/entities on the Canadian sanctions and Terrorist Designated Persons list (“Designated Persons”) and other persons who may be associated with financial crime or other area of reputational risk to the Bank
- Exercise sound decision making in approving or declining customer onboarding.
- Assist in managing the Bank’s PEP, high-risk and de-market program.
- Perform various reconciliation activities related to the Bank’s AML program.
- Proactively identify trends and best practices to ensure compliance with regulatory requirements.
- Consolidate data across various sources to analyse results and offer solutions to streamline future reporting where required.
- Provide support in the implementation, oversight, and management of an effective EDD program.
- Support the AML team with the regulatory record keeping duties to maintain the effectiveness of the Bank’s AML/ATF Compliance Program and the integrity of data reported to the CAMLO, Senior Management and the Board of Directors.
- Immediately escalate any issues, including system issues, to the Associate Manager.
- Proactively identify areas of improvement and make recommendations to close gaps or enhance training to the Associate Manager
- Communicates and work with business units to resolve identified gaps
- Support business units by providing advice on inquiries, escalations, and/or resolutions
- Provide support for the planning, coordination and execution of AML/ATF projects, as required
- Assist the Associate Manager in responding to inquiries and liaise with the Business Units as directed
- Provide professional written reporting on a regular basis on quality of testing and monitoring routines, emerging trends, and progress of compliance efforts
- Support the Associate Manager in conducting monitoring and testing activities within specified timeline with regards to regulatory reports
- Assist Associate Manager with the development and maintenance of EDD procedures, training and other guidance documents

**Let's Talk About You **:

- Post-secondary education (diploma/degree) preferably in business or finance.
- Have a minimum of 3 to 5 years’ experience at a regulated financial institution in Canada. Preferably exposure to regulatory compliance, risk management disciplines and best practices.
- Working knowledge of regulatory requirements for AML/ATF and sanction risks and systems, industry best practices and/or organizational goals for AML/ATF typologies and recommend continuous improvements to processes and tools to meet these requirements.
- Analysis, testing and/or previous AML/ATF, name screening and mortgage lending experience considered an asset.
- Advanced Excel skills specifically ability to create macros, v-lookups and add programming where required.
- Ability to organise and compile data to produce metric reports.
- Strong analytical and research skills; ability to organize and bring order to data and information, drawing conclusions and making appropriate recommendations.
- Ability to multi-task and prioritize to meet deadlines.
- Excellent interpersonal skills with the ability to work individually or as part of a team.
- Excellent verbal and written communication skills with the ability to respond in a clear, concise and professional manner.
- AML designation (CAMS) is preferred.
- Strong attention to detail with the ability to review one’s own work.
- Proven analytical and problem-solving skills.
- Bilingualism is an asset (English and French).