Jr. AML Analyst to support Financial Intelligence Unit for large banking client - 55975

Job Type: Contract
Positions to fill: 1
Start Date: Sep 15, 2023
Job End Date: Oct 31, 2023
Pay Rate: Hourly: Negotiable
Job ID: 132349
Location: Toronto

Jr. AML Analyst to support Financial Intelligence Unit for large banking client - 55975


Location: Downtown Toronto (hybrid)

Duration: 13.5 months


Job Description:

The AML Analyst is accountable to follow approved, documented processes and protocols to analyze information and adjudicate system or manually generated alerts, identifying names/entities/transactions that appear to relate to money laundering or terrorist financing and escalating these items for further investigation or reporting to the appropriate government agency as required by anti-money laundering regulations within various global jurisdictions.


Job Responsibilities:

• Collect and analyze a wide variety of information related to system or manually generated alerts to identify persons and entities that may be laundering money or funding terrorism, escalating as appropriate for further investigation, or reporting in accordance with defined processes and legislation

• Conduct a comprehensive review within established prescribed processes/guidelines set by the AML leadership team of high-risk clients and assess risks posed to the bank and provide a final recommendation to maintain/de-market client based on assessment and risk of client

• Provide detailed, effective input to MIS, for analysis and reporting on information from assigned systems for the purpose of analyzing and detecting name matches/irrational or unusual activity


Must-Have Skills:

  • 2+ years AML experience
  • Strong understanding of complex financial instruments and interbank lending
  • Excel: spreadsheet management/manipulation (intermediate level)


Nice-to-Have Skills:

  • Previous banking/ FI experience
  • Experience working in a middle office function of capital markets
  • Working knowledge of applicable Bank systems and Microsoft Office Suite
  • AMLEO knowledge
  • Knowledge of capital markets products (correspondent banking, trading products, trade finance transactions)