Anti-money Laundering L1 Investigator

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2025. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

**The position at a glance**

As AML Level 1 Investigator, you are expected to perform a thorough review of transactions and parties (or a sample of transactions depending on the number of parties at stake) that generated each suspicious activity alerts. This consist in:
determining if transactions reviewed seem legitimate and economically sound

Identifying the parties - their existence, business purpose, geographical location, services provided by BNPP and expected transactional behavior

Understanding relationships between parties at stake

Determining if the alert, including all triggers, can rationally be explained.

Parties and transactions analysis are completed by the AML L1 investigator using internal KYC records, external searches via reputable sources, Request for Information (‘RFI’) to internal stakeholders and/or leveraging on prior alerts and prior case investigations (if any).

Reviewing any additional red flags such as negative news on a party by running parties in Worldcheck.

Finally concluding on each alert (either closing the alert as not suspicious, or escalating the alert to Compliance for further investigation) and saving the supporting evidence in Actimize.

To be successful, you primarily need an investigative mindset and a good understanding of AML Red Flags for the businesses of BNPP. You will learn to master the BNPP AML policies/procedures, understand Actimize scenarios and have a very good understanding of BNPP Group products. You will need to have a good command of Excel and investigation tools, and be open to changes toward more and more technology-assisted investigations.

In this role, you will see a direct link between geopolitical tensions and your work. You will actively contribute in the fight against money laundering, terrorism financing, human trafficking, and tax evasion. **Your work will matter.**

**In detail**

The team members are responsible of the following activities:
Research, analyze, and investigate potentially suspicious Anti-Money Laundering/Counter Terrorist Financing (AML/CTF) activity based on a variety of AML Systems generated alerts from Corporate, Institutional, and Correspondent Banking transactional activity. As necessary, use available research tools (public internet sources as well as third party sites) to identify information concerning transactions warranting further investigation as a case.

Request additional information by contacting various compliance or business personnel throughout the organization to determine if facts and circumstances surrounding unusual transactions warrant closure of the investigation as not suspicious or if escalation for further investigation is warranted.

Prepare reports using Excel to display transaction flow of payments and/or other payment activities.

Create and document comprehensive investigation files which must be completed and self-contained so that readers (law enforcement, examiners, audit, management) can clearly determine why the investigation was started, how it was carried out, and why the conclusion that was/is recommended was/is being made;

Continuous monitoring of the open alerts in Actimize until a determination can be made to close or escalate to L2 in a timely manner;

Maintain a good understanding of BSA/AML regulations and FinCEN guidelines relative to Suspicious Activity Monitoring and Reporting as well as current money laundering/terrorist financing schemes and risk typologies, and investigative techniques required to detect such schemes and typologies.

Organizational Structure:
In this role, you will report to an AML L1 Team Leader and work in close collaboration with the other AML L1 Investigators of various seniority level.

Work conditions: This position provides for standard working conditions in an office and a normal work schedule from Monday to Friday. This position requires little travel. Overtime maybe required at management’s discretion.

**The strengths and skills that will help you succeed**

**EDUCATION**:

- BA or BS Degree accounting, finance, legal, economics or related discipline a must.
- CAMS Certified a plus.

**Years of experience**:

- 2 + years of experience with a financial services firm and/or regulatory organization in an AML compliance, audit, or regulatory related position.

**Languages**:

- Knowledge of the English is required.*

**Technical skills**:

- Financial Security - Strong knowledge of AML/ KYC, U.S.A. PATRIOT Act, Bank Secrecy Act
- Tax Evasion Prevention
- Know Your Client - KYC
- Strong computer skills i