AML Business Analyst I

Job Responsibilities

• Reviewing a wide range of financial transactions for suspicious activity
• Investigating potential cases of money laundering and other financial crimes
• Creating and maintaining case files to investigate suspicious activity
• Ensuring compliance with AML regulations and policies
• 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 informed about emerging threats and trends in financial crime
• Working with other teams, including law enforcement and compliance officers
• Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity
• Performing periodic reviews of high-risk customers

Qualification Requirements

• Post secondary required
• 0-2 years of Business Analyst experience
• Basic computer skills – Microsoft Windows etc.
• MS Office knowledge
• AML knowledge
• Banking, Financial or Customer Service experience