Analyst, AML Tactical Transaction Monitoring (8-month contract)

The Core Responsibilities!

• Conduct a review and adjudicate alerts generated by the internal transaction monitoring systems.  
• Conduct monitoring and testing routines of existing internal controls designed to detect unusual/suspicious activities and test for adherence to the Bank’s AML/ATF policies and procedures. 
• Consolidate data across various sources to analyze results and offer solutions to streamline future reporting where required.  
• Work with the stakeholders and assist in the preparation and filing of reports to the regulator within defined timelines and in accordance with Equitable Bank’s policies and procedures.  
• 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. 
• Proactively identify best practices to ensure compliance with regulatory requirements.
• Identify and provide recommendation(s) on areas of improvement to close gaps to the Manager.  
• Communicate and work with business units to resolve identified gaps. 
• Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices, and skills relevant for the role. 
• Provide support for the planning, coordination and execution of AML/ATF projects, as required. 
• Assist the Manager in responding to inquiries and liaise with the Business Units as directed. 
• Review EFT reports daily to determine if EFT reporting is required to FINTRAC in F2R.  

Let's Talk About You!

• Post-secondary education (diploma/degree).
• Minimum of 1 to 3 years’ experience in the financial industry. Preferably exposure to regulatory compliance, risk management disciplines and best practices. 
• Working knowledge of regulatory requirements for AML/ATF and sanction systems, industry best practices and/or organizational goals for AML/ATF systems and recommend continuous improvements to processes and tools to meet these requirements. 
• Analysis, testing and/or previous AML/ATF, name screening, EFT review and mortgage lending experience considered an asset. 
• Proficient knowledge of Microsoft Office (Word, Excel and PowerPoint) and internet/web navigation. 
• 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. 
• Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner. 
• Bilingualism is an asset (English and French).