Risk Analyst III - 54434
Apply NowCompany: Annex Consulting Group
Location: Toronto, ON M4E 3Y1
Description:
Position Title: Global Anti-Money Laundering Further Investigations -Team Lead
Duration: 16 months
Extension possible: yes
Interview Process: 2 rounds - Teams & Written Assessment
Work Location: hybrid - onsite 2 days per week
Office Space/Desk Location: can work at 2 different locations
- 1595 Telesat Court, Ottawa
79 Wellington Street West, Toronto
CANDIDATE PROFILE DETAILS:
Degree/Certifications Required: Secondary Education or equivalent work experience
Years of experience: 2-5 Years of industry, investigative or AML operations management experience
Reason for request/why opened: volume, future work needs.
Project Scope: Anti-Money Laundering / Compliance & Regulatory Relations
% Interaction with Stakeholders:
Team Size: 150 people
Personality Style/Team Culture: curious, intelligent people. Motivated to work in learning environment. Interested in this area and wanting to learn and develop.
Selling Points of Position: interesting job, work is highly varied, work in huge and growing department with High chance of career growth and being converted to permanent role.
Department Overview
The Global AML department is accountable for establishing Global AntiMoney Laundering and AntiTerrorist Financing Program (AML/ATF) to ensure that all businesses adhere with AML/ATF regulatory expectations in all jurisdictions where the bank operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting annual enterprisewide AML risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprisewide and specialized AML training of employees; and independent AML testing. In the FIU, we conduct detection, investigation, and reporting for the money laundering program. In addition we maintain the high risk client program where we need to report, document, and evaluate the high risk customers for the bank.
Job Description
Conduct oversight of staff's work on a regular basis to ensure that day today policies and procedures are followed and productivity levels are maintained.
Participates in responding to periodic exams/audits
Performs a broad range of money laundering investigation related activities in support of Anti-Money Laundering (AML) regulations designed to report on financial related crimes
Supervises staff, assigning responsibilities/accountabilities, prioritizing and monitoring work and evaluating results.
Provides leadership, coaching, counseling and guidance to staff. Ensure completion of goals, objectives and meeting deadlines.
Organizes the training for new staff members
Ensuring completion of monthly internal quality reviews of respective team's work to standards.
Fostering strong AML and ATF knowledge.
Develop and maintaining strong business writing and communication skills.
Addressing quality issues that arise at a team or individual level.
Providing timely and constructive feedback when conducting QC activities, while providing timely reporting to respective Manager
SUMMARY OF DAY TO DAY RESPONSIBILITIES:
- Overseeing the contract groups -20-25 contractors. Recommending best practices for AML operations
- Answering inquiries for their teams they are overseeing.
MUST HAVE:
1. 3+ Years of industry, investigative or AML operations management experience
2. 5+ years people management experience
3. 3+ Years of extensive AML experience with 2+ years in FIU Investigations.
4. 2+ Years banking experience (international included)
5. Knowledge of Canadian AML regulations
6. Understanding of related regulations, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA and FINTRAC). Solid business awareness and the application of TD Bank - customer/product types and a good ability to articulate the identified risk.
NICE TO HAVE
1.) Technical skills, data analytical skills
2.) Experience with CIP and/or KYC, and/or AML and ATF regulations, requirements, and procedures an asset.
3.) Managing process improvement within AML
4.) Project management experience
5.) ACAMS or CSCS certification would be an asset
Duration: 16 months
Extension possible: yes
Interview Process: 2 rounds - Teams & Written Assessment
Work Location: hybrid - onsite 2 days per week
Office Space/Desk Location: can work at 2 different locations
- 1595 Telesat Court, Ottawa
79 Wellington Street West, Toronto
CANDIDATE PROFILE DETAILS:
Degree/Certifications Required: Secondary Education or equivalent work experience
Years of experience: 2-5 Years of industry, investigative or AML operations management experience
Reason for request/why opened: volume, future work needs.
Project Scope: Anti-Money Laundering / Compliance & Regulatory Relations
% Interaction with Stakeholders:
Team Size: 150 people
Personality Style/Team Culture: curious, intelligent people. Motivated to work in learning environment. Interested in this area and wanting to learn and develop.
Selling Points of Position: interesting job, work is highly varied, work in huge and growing department with High chance of career growth and being converted to permanent role.
Department Overview
The Global AML department is accountable for establishing Global AntiMoney Laundering and AntiTerrorist Financing Program (AML/ATF) to ensure that all businesses adhere with AML/ATF regulatory expectations in all jurisdictions where the bank operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting annual enterprisewide AML risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprisewide and specialized AML training of employees; and independent AML testing. In the FIU, we conduct detection, investigation, and reporting for the money laundering program. In addition we maintain the high risk client program where we need to report, document, and evaluate the high risk customers for the bank.
Job Description
Conduct oversight of staff's work on a regular basis to ensure that day today policies and procedures are followed and productivity levels are maintained.
Participates in responding to periodic exams/audits
Performs a broad range of money laundering investigation related activities in support of Anti-Money Laundering (AML) regulations designed to report on financial related crimes
Supervises staff, assigning responsibilities/accountabilities, prioritizing and monitoring work and evaluating results.
Provides leadership, coaching, counseling and guidance to staff. Ensure completion of goals, objectives and meeting deadlines.
Organizes the training for new staff members
Ensuring completion of monthly internal quality reviews of respective team's work to standards.
Fostering strong AML and ATF knowledge.
Develop and maintaining strong business writing and communication skills.
Addressing quality issues that arise at a team or individual level.
Providing timely and constructive feedback when conducting QC activities, while providing timely reporting to respective Manager
SUMMARY OF DAY TO DAY RESPONSIBILITIES:
- Overseeing the contract groups -20-25 contractors. Recommending best practices for AML operations
- Answering inquiries for their teams they are overseeing.
MUST HAVE:
1. 3+ Years of industry, investigative or AML operations management experience
2. 5+ years people management experience
3. 3+ Years of extensive AML experience with 2+ years in FIU Investigations.
4. 2+ Years banking experience (international included)
5. Knowledge of Canadian AML regulations
6. Understanding of related regulations, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA and FINTRAC). Solid business awareness and the application of TD Bank - customer/product types and a good ability to articulate the identified risk.
NICE TO HAVE
1.) Technical skills, data analytical skills
2.) Experience with CIP and/or KYC, and/or AML and ATF regulations, requirements, and procedures an asset.
3.) Managing process improvement within AML
4.) Project management experience
5.) ACAMS or CSCS certification would be an asset