Senior AML Specialist

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

Description

About Citco:

The market leader. The premier provider. The best in thebusiness. At Citco weve been the front-runner in our field since ourincorporation in 1948 led to the evolution of the asset servicing sectoritself. This pioneering spirit continues to guide us today as we innovate andexpand push beyond the boundaries of our industry and shape its future. Fromworking exclusively with hedge funds to serving all alternatives corporationsand private clients our organization has grown immensely across asset classesand geographies. For us this progress is a pattern that well only maintain aswe move forward always prioritizing our performance. So for those who want toplay at the top of their game and be at the vanguard of their space we say:Welcome to Citco.

About the Team & Business Line:

Fund Administration is Citcos core business and ouralternative asset and accounting service is one of the industrys mostrespected. Our continuous investment in learning and technology solutions meansour people are equipped to deliver a seamless client experience.

Responsibilities

Your Role:

You will ensure SLAs are met by monitoring and prioritizing tasks/activities
Strong grasp and adherence to Citco workflows policies and procedures
Take a more senior role in the team by assisting team members in handling and prioritizing their workload
Communicate effectively with supervisor and manager regarding any escalations or development areas for junior staff
Provide timely and accurate approvals (Receipts/Payments/Moxie emails)

Business Technical and Commercial Awareness:

Strong technical knowledge and ability to effectively answer team members questions
Further knowledge by becoming a SME within the team for example: Moxie/AXI/ECM/SSC/Treasury
Monitor new processes and procedures to ensure accuracy and efficiency
Gain full understanding of processes and procedures and sharing them with the team
Provide constructive feedback on processes and procedures and identify areas of possible improvements

Ability to work on complex cases; a strong understanding of:

Global policies
Global escalations points
Ability to understand legal documents and to formulate a sound resolution
Develop good working relations with all internal business partners

Quality and Risk Control:

Manage and understand all systems used on the team

Ability to understand delays and past due items and take action to reduce them to meet desired targets:

Review and approve work ensuring 100% accuracy (Receipts/Payments/Moxie emails)
Problem Solving analyze problems and provide possible solutions
Escalation raise potential issues to the manager/supervisor. Offer support to the teams when necessary. Able to identify and understand the cause of escalated issues and present the issue along with a solution.

Client Service:

Demonstrate a full understanding of all deliverables and timing
Daily monitoring of ECM/AXI queues to ensure expectations are met
Daily monitoring of Moxie queues to ensure 95% 100% SLA is met
Ensure AXI on hold receipt queue is monitored and cleared on a daily basis
Ensure Moxie approval queue is monitored and cleared on a daily basis

Teamwork:

Assist supervisor in the daily monitoring of team workload
Assist manager and supervisor in the training of new and existing team members and suggest possible areas of development within team structure
Cross train and become familiar with funds on other teams in order to assist during peak periods and absences
Regularly contribute to team meetings and huddles; this includes chairing taking minutes and providing agenda topics

Drive for Results and lead by example:

Be proactive take steps to ensure that tasks are completed in an efficient manner; follow up with teams that have launches or capital calls
Take initiative identify gaps or areas of improvement in policies processes and procedures and take first step to initiate change. For example identify efficiencies such as tasks/items that can be handled by the SSC team and therefore increasing SSC utilization across the team
Maintain a positive attitude at all times and adherence to Company Code of Conducts (including being punctual and understanding Company policies)
Take Ownership ensure that issues/tasks are seen through from start to finish; this includes distribution of deliverables through follow up and engagement of internal and external business partners and effective communication

Qualifications

About You:

You have a minimum of 2-4 years of recent or relevant KYC/AML experience with a financial institution law firm or other regulated environment.
Knowledge of KYC/AML industry tools and vendor products
Strong analytical and investigative skills and demonstrated ability to operate at a strategic level
Excellent verbal and written communication skills
ACAMS is considered an asset

Salary Range: CAD 62000 - CAD 72000

- This position is not for an existing vacancy; we are building a candidate pool for future opportunities.

Our Benefits

Your well-being is of paramount importance to us and central to our success. We provide a range of benefits training and education support and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.

Required Experience:

Senior IC

DescriptionAbout Citco:The market leader. The premier provider. The best in thebusiness. At Citco weve been the front-runner in our field since ourincorporation in 1948 led to the evolution of the asset servicing sectoritself. This pioneering spirit continues to guide us today as we innovate andexpa...