Aml Compliance Officer

**AML Compliance Officer**
- 2202759

**Job Summary**

As part of the Anti-Money Laundering (AML) team, under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to perform Know Your Customer (KYC), Enhanced Due Diligence, (EDD), Customer Due Diligence (CDD) and monitor and investigate transactions for suspicious activity to ensure compliance with AML, Anti-Terrorist Financing, Sanctions and applicable rules and regulations. Resolves or recommends solutions to complex problems through extensive contact with internal customers.

**Essential Duties and Responsibilities**
- Perform Know Your Customer (KYC) related tasks such as identifying and verifying clients in accordance with applicable law, and performing initial and ongoing Enhanced Due Diligence (EDD);
- Conduct research and analysis utilizing available systems, databases, and the internet, consistent with the resolution of investigations. Perform reviews and analysis utilizing internal and third-party research tools;
- Document and report investigation findings in the case management system and preparing reports to management as required;
- Draft reports detailing work performed and conclusions reached, which require mínimal editing and provides a clear message including suggested corrective and/or remedial action;
- Conduct 314(a), adverse media, Politically Exposed Person (PEP) and sanction screening, and investigate possible matches and identify whether it is a true match to a prospective or existing client and escalate, as appropriate, to Management;
- Identify and conduct initial and yearly reviews of clients deemed high risk such as, Politically Exposed Person (PEP), both internationally and domestic, as well as Head of an International Organization (HIO);
- Ensure compliance with the CDD rule, including monitoring for triggering events;
- Investigate potentially suspicious activity generated through transaction monitoring cases through combination of automated alert generation and exception reporting;
- Conduct appropriate due diligence related to the potential suspicious activity through the review of client background information, review of securities transactions, and fund movements as necessary;
- Exercise independent discretion in the mitigation of potential financial crime risks presented by client activity, research findings, and overall facts and circumstances;
- Draft and file Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs);
- Administer policies and procedures to ensure compliance with regulations related to money laundering included in the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT Act), and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA);
- Monitor regulatory and legal developments, as well as industry trends, to facilitate incorporation into the Firm’s AML program;
- Provide guidance to colleagues/peers on internal AML policies, and AML and Canadian rules and regulations;
- Develop metrics and reporting measures as directed to report results to Management;
- Inform management about issues that may involve rule violations or potential liability; and
- Perform other duties and responsibilities as assigned.

**Knowledge, Skills an Abilities**

**Knowledge of**:

- Customer Due Diligence, Enhanced Due Diligence and KYC rules and regulations;
- Concepts, practices and procedures of securities industry and/or banking compliance reviews;
- Rules and regulations of the USA PATRIOT Act, PCMLTFA, OSFI B-8, FINTRAC Guidelines, and other AML-related regulations, rules, or guidance;
- Fundamental investment concepts, practices and procedures used in the securities industry;
- Principles of banking and finance and securities industry operations; and
- Financial markets and products.

**Skill in**:

- Administering cross jurisdiction AML policies and procedures;
- Analyzing transactional activity and client behavior to identify suspicious transactions or AML risks;
- Investigative techniques, narrative disposition, and report writing;
- Developing and delivering technical training to others;
- Planning and scheduling work to meet regulatory organizational and regulatory requirements;
- Making, parsing, and documenting risk-related decisions; and
- Analyzing departmental processes to identify opportunities for efficiencies and exposures to risk.

**Ability to**
- Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities;
- Communicate effectively, both orally and in writing;
- Independently research and resolve issues while working across teams to acquire information;
- Provide a high level of customer service, both internally and externally to branch support;
- Establish and maintain eff