AML 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: Overtime maybe required at management's discretion.

The Strengths And Skills That Will Help You Succeed

• BA or BS Degree accounting, finance, legal, economics or related discipline a must
• 1+ years of experience with a financial services firm and/or regulatory organization in an AML compliance, audit, or regulatory related position.
• Knowledge of English is required*.
• Strong knowledge of AML/ KYC, U.S.A. PATRIOT Act, Bank Secrecy Act.
• Knowledge of Tax Evasion Prevention.
• Knowledge Know Your Client – KYC.
• Strong computer skills including MS Office Suite.
• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of English is required.

Preferred qualifications
:

• CAMS Certified a plus.
• Knowledge of Actimize, GCARS, CRDS, RMPM, Worldcheck, LexisNexis, Sayari is a Plus.

What's In It For You
In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements are available for most positions. In-office presence is required a minimum of 3 days per week, one of which must be on a Monday and/or a Friday. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits, click here

What You Need To Know

• We will review candidates as they apply, so don't wait to submit your application;
• BNP Paribas is committed to accessibility and inclusion. During the recruitment process, accommodation needs are available at all times for candidates. You will have the chance to make a request for an accommodation during your application.
• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas' office(s) is an essential function of this position;
• If you are applying and accepted to a position which requires working in/for the U.S. securities industry, you will be required to provide your fingerprints and undergo additional background checks by the FBI. BNP Paribas Securities Corporation is required to maintain a supervisory program over the conduct of its Associated Persons; some of your personal data will be transmitted to the United States of America and made available to US regulators. Please reach out to BNPP for additional information; or you can also find an overview here: 3110. Supervision

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here

About Us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas' mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

• Montreal's Top Employers 2025
• Canada's Best Diversity Employers 2025
• Women in Governance – Parity certified – Platinum certification
• Pride at Work Canada
• Part of Les Affaires top 300 companies in Quebec
• Synclusiv
• Ready, Willing and Able
• Autisme sans Limites
• LinkedIn Top Companies 2024

Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers

*** While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted***