AML Business Analyst

Job Summary

An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes. They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system.

Key Responsibilities

• Reviewing a wide range of financial transactions for suspicious activity
• Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity
• Performing periodic reviews of high-risk customers
• Investigating potential cases of money laundering and other financial crimes
• Creating and maintaining case files to investigate suspicious activity
• Reporting findings to regulatory authorities when necessary
• Preparing and filing Suspicious Activity Reports (SARs)
• Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks
• Creating and maintaining records of investigation activities and findings
• Gathering and analyzing documents to assist in identifying suspicious transaction patterns
• Participating in and leading AML compliance training
• Staying updated about emerging threats and trends in financial crime
• Collaborating with other teams, including law enforcement and compliance officers

Required Skills

• Excellent written and verbal communication skills to communicate findings and recommendations
• Strong analytical and problem-solving skills, crucial for identifying patterns and trends in financial transactions
• Careful attention to detail, necessary for accurately analyzing data and identifying suspicious activities
• Adaptability and flexibility
• Basic computer skills – Microsoft Windows, etc.

Preferred Skills

• AML knowledge
• Banking, financial, or customer service experience

Education Requirements

• A High School Diploma or GED
• Post-secondary education is an asset
• AML certification is an asset

Required Experience

• 1 year of experience within a Business Analyst role (internship or co-op considered as experience)

Nice-to-Have Experience

• 0–2 years of overall experience; co-op/internship experience welcomed

Benefits

• Medical, Vision, and Dental Insurance Plans
• 401k Retirement Fund

About the Client

This client is one of North America's largest financial institutions — the sixth-largest bank on the continent by branches — serving approximately 22 million customers across Canada, the United States, Europe, and the Asia-Pacific region. Headquartered in Toronto, Ontario, it operates a full-service financial platform spanning personal and commercial banking, wealth management, insurance, and payment solutions, delivered through a team of over 85,000 employees worldwide. The institution has earned Great Place to Work Certification for ten consecutive years and maintains a broad team of retail banking advisors, commercial lenders, wealth management professionals, risk analysts, and technology specialists who collaborate across a globally respected, inclusion-focused organization.

About GTT

We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.