Compliance and AML Analyst

Position Description

MANDATE:

The AML and Compliance Analyst role and responsibilities will be to assist the CCO and CAMLO in the development and implementation of processes and procedures to ensure that CTC continues to be in compliance with AML, regulatory compliance and privacy requirements and prescribed practices. The incumbent will assist Compliance Department in performing independent testing of controls as second line of defense under RCM, as well in conducting AML files review and compliance testing.

The incumbent will be responsible for tracking and ensuring compliance with regulatory requirements from various agencies such as OSFI, FINTRAC, FCAC and Privacy Commissioners. The incumbent will also be responsible for providing investigative work for AML customers and transactions with higher AML risks. The incumbent will be a primary resource in the development, implementation and maintenance of documented manuals and procedures in support of CTC’s operational and functional areas.


ACCOUNTABILITIES:

  • Provide auxiliary and analytical support to Compliance Department in the areas of AML, regulatory compliance, Privacy and documentation management
  • Assists in performing ongoing AML file review and compliance testing in accordance with the Company’s AML compliance program;
  • Assists in performing RCM independent testing of controls as second line of defense function on an ongoing basis per OSFI E13 Guideline;
  • Conducts investigations, monitoring and reporting of various AML areas such as high-risk accounts, unusual transactions, data mining results and other transactions and accounts that require further review and due diligence measures.
  • Assists the department in preparing routine and ad-hoc board and management reports by coordinating with contributors and risk owners on necessary inputs;
  • Perform tasks such as database management, maintenance, encoding and report generation relating to various AML and compliance management systems and software.
  • Provide research and data aggregation support to Compliance Department in relation to various internal and external deliverables, including liaising with internal stakeholders for issue follow ups and document requests
  • Assists in maintaining training modules and programs as outlined in the Company’s AML and Privacy training program, including conducting regular and special trainings enterprise-wide on a continuing basis.
  • Maintains various automated and manual tracking systems and spreadsheets on various AML, privacy and compliance metrics and trends, and prepares summary figures for the CCO/CAMLO.
  • Provides proactive inputs on process improvements within the departments and the Company as a whole in the areas of AML, regulatory compliance and Privacy.
  • Assists in developing, updating and maintaining policies, procedures and operational manuals in support of the day-to- day requirements of the Business Units, including job aids, forms and templates.

Qualifications Required

  • Post-Secondary Education in Business or equivalent.
  • Minimum 5 years’ experience in the financial services industry preferably with progressive management roles.
  • Intermediate or high-level proficiency in Microsoft Office (mainly Excel, Word, PowerPoint, and Outlook) and compliance and/or AML related software.
  • Ability to analyze critical details of business issues and work flow as basis for suggesting areas for improvement.
  • Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.
  • Comfort in dealing with internal road blocks – lead the business partners in the right direction of completing the task at hand.
  • Confidence in dealing with all levels in the organization.
  • Fraud investigation experience as an asset
  • Policy and procedure writing as an asset
    FINTRAC F2R Reporting experience as an asset

How to Apply

We invite you to apply easily through your LinkedIn account by clicking the link below:

To apply via email, please send you resume and cover letter here.

 


Community Trust Company welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.