Senior AML Analyst
Wealthsimple
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Toronto, ON, Canada
Posted 6+ months ago
Your career is an investment that grows over time!
Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3 million users who trust us with more than $20 billion in assets.
Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.
About the role
The AML Operations, FIAT team is responsible for the detection, response and mitigation of inherent and residual money laundering and terrorist financing risks. As an AML/CTF subject matter expert, the Senior Analyst will be responsible for managing complex investigations and support the overall development of Wealthsimple’s AML program. This role will require attention to detail, innovative thought, resourcefulness, and the ability to apply a rational, research-oriented approach to the work at hand. Furthermore, this role necessitates a proactive attitude and a project-focused mindset to assist with diverse projects aimed at advancing various programs within the AML Team.
In this role, you will:
- Review and adjudicate alerts that are generated using standard policies, procedures and tools, aimed at meeting internal and external AML regulatory requirements.
- Alerts include, but are not limited to:
- --- Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Lists
- --- Transaction Monitoring Alerts
- --- Unusual Transaction Reports (UTR) & Other Case Referrals
- Document and report investigation findings and prepare comprehensive case files with required supporting documentation.
- Draft Suspicious Transaction Reports (STRs) for filing to FINTRAC.
- Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover potential financial crime.
- Manage multiple alerts/cases at a time and maintain Service Level Agreements within specified timeframes.
- Participate in calibration sessions with peers and relevant internal staff to shape and enhance the growth of the team and the AML program overall.
- Provide assistance in performing quality assurance reviews of Analyst work product, and deliver neutral, accurate and constructive feedback.
- Work collaboratively with peers and Manager to help drive execution, meet quality and production goals and deadlines.
- Collaborate with the Management team and key internal stakeholders on diverse projects to enhance and expand the areas of the AML program.
The ideal candidate for this role has:
- 2+ years of experience in financial technology or technology-driven financial services firm with experience in AML/CTF programs
- Thorough understanding of AML/CTF risks and regulations
- Knowledge of transaction monitoring and name screening processes
- Experience performing complex AML/CTF investigations including writing detailed cases, providing recommendations, and filing of regulatory reporting
- Have high level of precision and attention to detail
- Investigative mentality; identifies gaps and challenges, asks the right questions at the right time, and looks beyond the obvious for solutions
- Ability to do independent research
- Possess a proactive and driven mindset to identify innovative methods for improving or enhancing existing procedures, initiate actionable steps, and ensure their successful completion.
- Resourceful, persistent and able to thrive in fast paced environment
- Ability to take ownership with a proactive, not reactive, approach
- Great communication skills, both verbally and via written reports
- Passionate about technology, and eager to grow in the AML industry
Why Wealthsimple?
🤑 Competitive Salary with top-tier health benefits and life insurance
📈 Retirement savings matching plan using Wealthsimple Work
🌴 20 vacation days per year and unlimited sick and mental health days
📚 Up to $1500 per year towards wellness and professional development budgets respectively
🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
💖 Company-wide wellness days off scheduled throughout the year
We’re a remote-first team, with over 1000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!
Read our Culture Manual and learn more about how we work.
DEI Statement
At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Accessibility Statement
Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.
This job is no longer accepting applications
See open jobs at Wealthsimple.See open jobs similar to "Senior AML Analyst" Work In Tech.
