Fraud Risk and AML Analyst
Payment Rails
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Toronto, ON, Canada
Posted on Saturday, December 23, 2023
Trolley is the payouts platform for the internet economy. Our vision is to unlock the collective economic opportunity of the internet – for everyone – by building a truly global payouts ecosystem. Through our powerful platform and API, Trolley enables businesses to reach workers from all corners of the world and offer creators, on-demand workers, and suppliers the ability to bring their specialized talents to a global market. Businesses use Trolley to automate and manage payouts, collect recipient tax and banking information, and mitigate fraud and risk. The payouts solution of choice for hundreds of businesses, Trolley has made payouts to over 1.1 million different musicians, artists, makers, vendors, and suppliers around the world.
Trolley is looking for an ambitious and knowledgeable Fraud Risk and AML Analyst (AML Analyst, Compliance Analyst) to support our global compliance team.
What you will be doing:
- Transaction monitoring & analysis as it relates to Money Laundering and Terrorist Financing
- Conducting assessments, ongoing investigations and reviewing data to make timely RFI and disputes determinations related to AML and fraud risk.
- Conduct fraud monitoring and generate reports and insights regarding fraud Risk;
- Analyze and assess ongoing risks (Fraud, AML, CTF, Privacy, Reputational, etc) as per regulations according to compliance policy and procedures
- Onboarding of corporate customers in the UK, Europe, Canada, Australia, and New Zealand by performing an effective Risk Assessment of the business.
- Obtaining information and supporting documentation to complete Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD) for our business clients.
- Complete the necessary regulatory reporting to FINTRAC, NCA, AUSTRAC, NZ Police, under their domestic regulations (PCMLTFA, UK MLRs, AML/CTF Amendment Act, etc).
- Work closely with the Chief Compliance Officer & the UK Director of Compliance / MLRO, to maintain, update, improve policies and procedures for the different international compliance programs.
- Proactively escalating urgent cases to the MLRO for review.
- Work cross-departmentally to proactively identify and resolve any queries and complaints.
- Keep up to date with current and future regulatory changes that affect the business and use this knowledge to proactively suggest improvements to compliance policies and procedures.
- Maintain organized and effective logs and reports of all activity for review and audits.
- Be a self-starter and participate in other exciting compliance projects as the business grows domestically and internationally.
- Working to a high standard with minimal supervision and meeting strict timeframes.
About you:
- 2-3 years experience in Financial Crime Compliance / AML Compliance gained ideally with an MSB, Bank or Financial Institution.
- Experience in reviewing identification documents and electronic sources, risk scoring, monitoring of transactions, watchlist screening of payments (Sanctions, PEP, Adverse Media), suspicious transaction / activity reporting.
- Knowledge of Money Laundering Regulations (UK JMLSG guidance notes, FINTRAC, AUSTRAC).
- Ability to analyze, evaluate and mitigate financial crime risks.
- Disciplined self-starter with great attention to detail.
- Ability to balance extreme pressure and deadlines with constantly changing priorities.
- A fast learner looking to progress your career in anti-financial crime
- Someone with excellent communication skills both oral and written with attention to detail.
- A working and current understanding AML typologies within financial services
- Hold a degree, CAMS certification preferred.
Interested? We offer:
- Competitive salary and meaningful equity.
- Join an amazing team of diverse people working together on a common mission.
- Extended Healthcare benefits including dental, vision, LTD, etc.
- 4 weeks paid vacation per year + public holidays.
- Pension Plan.
- Gym Membership allowance.
- 1/2 day Fridays during summer.
- Central modern office, close to public transport (near Atwater metro).
- Choice of the tools you need to do your best.
This job is no longer accepting applications
See open jobs at Payment Rails.See open jobs similar to "Fraud Risk and AML Analyst" Work In Tech.