Analyst, AML Tactical Transaction Monitoring (8-month contract)
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Job Location:
Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Join a Challenger
Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.
Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The AML/ATF department within Complianceis responsible forthe management of the Banks AML/ATF risk through the implementation and monitoring of effective is a multi-faceted one as responsibilities include conductingreview of alerts generated by the transaction monitoring systemsassistin the submission of STRs and EFTRs in the F2R portalmaintainingtraining and administrative records and providing support to the AML team and the business units. The environment is often fast-paced and requires the effective time management of multiple tasks and projects.
The Core Responsibilities!
- Conduct a review andadjudicatealerts 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 Banks AML/ATF policies and procedures.
- Consolidatedata across various sources to analyze results and offer solutions to streamline future reporting whererequired.
- Work with the stakeholders andassistin the preparation and filing of reports to the regulator within defined timelines andin accordance withEquitable Banks policies and procedures.
- Support the AML team with the regulatory record keeping duties tomaintainthe effectiveness of the Banks AML/ATF Compliance Program and the integrity of data reported to the CAMLO Senior Management and the Board of Directors.
- Proactivelyidentifybest practices to ensure compliance with regulatory requirements.
- Identifyand 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 forself-developmentandmaintainingup to date knowledge best practices and skills relevant for the role.
- Provide support forthe planningcoordinationand executionof AML/ATF projects asrequired.
- Assist the Manager inrespondingto inquiries and liaise with the Business Units as directed.
- Review EFT reports daily todetermineif EFT reporting isrequiredto FINTRAC in F2R.
Lets Talk About You!
- Post-secondary education (diploma/degree).
- Minimum of1 to3 years experience in the financial to regulatory compliance risk managementdisciplinesand best practices.
- Working knowledge of regulatory requirements for AML/ATF and sanction systemsindustrybest practices and/or organizational goals for AML/ATF systems and recommend continuous improvements to processes and tools to meet these requirements.
- Analysis testing and/orpreviousAML/ATF name screening EFTreviewand mortgage lending experience considered an asset.
- Proficient knowledge of Microsoft Office (WordExceland PowerPoint) and internet/web navigation.
- Strong analytical and research skills; ability to organize and bring order to data and information drawing conclusions and makingappropriate recommendations.
- Ability to multi-task and prioritize to meet deadlines.
- Highly developed verbal and written communication skills with the ability to respond in a clearconciseand professional manner.
- 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 everyones diverse experiences and 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 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 cant wait to get to know you!
Required Experience:
IC
Key Skills
- Cruise
- Dcom
- HVAC Design
- Arabic
- Asic
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
