Investigator, Financial Intelligence Unit

Join a Challenger

Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021. 

The Work

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 Investigator’s role is a multi-faceted one as responsibilities include conducting AML/ATF testing and monitoring routines, assessing unusual transactions, preparing, and submitting Suspicious Transactions Reports (STRs), and providing support and guidance to the business units. The environment is fast-paced and requires effective time management of multiple tasks and projects.

The Core Responsibilities!

• Planning, conducting, and completing risk-based investigations for alerts identified from adverse media, name screening against PEPs, sanctions, terrorism financing, UTRs etc.
• Gathering information/intelligence from all available sources to support the suspicion of money launder, financing of terrorism or other criminal activities.
• Prepare relevant reports with utmost accuracy including documentation to support the action following the outcome of the investigation.
• Maintaining accurate records of all investigative actions and decisions taken, and ensure all information obtained is treated with confidentiality and as per the legal and regulatory requirements. 
• Ensure investigations are completed within defined timelines.
• Promote and adhere to Equitable Bank’s policies and guidelines.
• Support business units by providing advice on inquiries, escalations, and/or resolutions.

Let's Talk About You!

• Post-secondary education in business or finance with a minimum of 3 years of experience working within the at a regulated financial institution in Canada (preferably AML). 
• Working knowledge of regulatory requirements for AML/ATF and sanction risk, industry best practices and/or organizational goals for AML/ATF typologies.
• Proficient knowledge of Microsoft Office (Word, Excel, and PowerPoint) and internet/web navigation.
• Strong organizational skills, demonstrates ability to prioritize assignments, projects and multi-task within restricted time constraints.
• Excellent verbal and written communication skills.
• Proven analytical and problem-solving skills.
• Excellent interpersonal skills with the ability to work individually or as part of a team.
• Strong attention to detail with the ability to review one’s own work.
• AML designation (CAMS/CFCS) is preferred.
• Experience in adjudicating transaction alerts and monitoring for retail banking an asset.
• Bilingualism is an asset (English and French). 

What we offer [For full-time permanent roles]

💰 Competitive discretionary bonus 

✨ Market leading RRSP match program

🩺 Medical, dental, vision, life, and disability benefits

📝 Employee Share Purchase Plan

👶🏽 Maternity/Parental top-up while you care for your little one

🏝 Generous vacation policy and personal days

🖥 Virtual events to connect with your fellow colleagues

🎓 Annual professional development allowance and a comprehensive Career Development program

💛 A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. 

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We can’t wait to get to know you!