AML Compliance Analyst

Peoples Group is a boutique financial institution with over 35 years in the Canadian marketplace. The AML Analyst will support the company's compliance with anti-money laundering legislation by monitoring transactions, maintaining compliance documentation, and assisting in audits and training initiatives.

Responsibilities

• Assist in the implementation of Peoples Group AML/ATF program to ensure compliance with all legislative and regulatory requirements, including PCMLTFA and OSFI Guideline B-8
• Ensure efficient identification and monitoring of suspicious activities and transactions and reporting of suspicious transactions to the CAMLO and FINTRAC within specified timeline
• Administer the implementation of regulatory compliance control databases
• Ensure that actual and potential compliance violations and risk situations are pro-actively identified, investigated and resolved or escalated in an appropriate and timely manner
• Conduct AML due diligence on prospective clients prior to onboarding, ensuring compliance with regulatory standards and internal policies
• Collaborate closely with internal stakeholders and liaise with clients to facilitate the timely and accurate completion of all AML documentation and requirements
• Act as the first point of contact for AML related queries
• Assist with keeping AML/ATF related policies and procedures current
• Maintain current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
• As an AML/ATF subject matter expert, provide direction and guidance to business units on AML/ATF related matters including high risk accounts
• Timely execution of instructions received from manager and/or CAMLO
• Assist with Peoples Group annual AML training module and other compliance training to business units as needed
• Assist with AML Self-Assessment and Bi-annual AML Risk Assessment
• Support regulatory examinations and external/internal audits
• Other AML/ATF compliance tasks as assigned

Skills

• A minimum of 6-months to 1 year of experience in compliance, banking, or a related field
• Post-secondary education in business, criminology, or a related field
• An intermediary understanding of current AML/ATF legislation and regulations
• Proficiency with MS Office (focusing on Word, Excel, Outlook)
• Able to handle sensitive and confidential information with discretion
• Strong critical thinking, analytical and decision-making skills
• Excellent written and verbal communication skills, with the ability to engage professionally with external clients
• A self-starter who can work independently and as part of a team
• Exposure to regulatory AML/ATF compliance, risk management disciplines and best practices would be considered an asset

Benefits

• A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
• Competitive salaries, profit sharing, RRSP matching and benefits from day one.
• Generous paid time off to help achieve a healthy work-life balance.
• A strengths-based approach, ensuring we work together more effectively.
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Company Overview