Key Responsibilities:

• Investigate and assess alerts relating to potential money laundering risks in the organization
• Handle due diligence investigations to support policies and procedures
• Conduct investigations based on global standards, policies, tools, and procedures to ensure compliance with internal and external regulatory requirements
• Ensure efficient identification and monitoring of activities and transactions considered suspicious
• Write and prepare suspicious activity reports (SARs) and suspicious transaction reports (STRs)
• Ensure timely and efficient reporting of transactions considered suspicious
• Daily investigations AML reports relating to potential suspicious activity
• Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends
• Help in identifying potential weaknesses in processes
• Act as a subject matter expert to employees, providing guidance on what actions to take in dealing with high risk accounts
• Collect documentary proof and build and maintain case files for transactions deemed suspicious
• Ensure proper record-keeping of data collected and analyzed

SKILLS AND EXPERIENCE REQUIRED

Knowledge

• Computer literacy and proficiency in Microsoft Office Suite (Word, Excel, Project, PowerPoint)
• Ability to use pivot tables and work with an advanced statistical database and statistical methods and functions
• Familiarity with AML issues and suspicious transaction monitoring systems
• Anti-Money Laundering diploma or similar qualifications an advantage
• Professional certification with an organization, such as the Association of Certified Anti-Money Laundering Specialists (ACAMS), gives a distinct advantage

Skills

• Superb analytical skills
• Ability to organize and analyze complex data sets
• Ability to easily grasp and comprehend AML risks specific to a particular business unit and develop extensive user requirements as well as recommend automated solutions to reduce those risks
• Experience using data mining/analytical tools and KYC automated solutions as an asset
• Strong research skills and experience working with online research tools

Attributes/Abilities:

• Strong interpersonal and organizational skills
• Successful candidate must be detail-oriented and highly confidential
• Experience performing thorough analyses of customer information
• Experience preparing suspicious activity reports (SARs) and Suspicious Transactional Reports (STRs)
• Experience conducting investigations relating to AML

OTHER MANDATORY REQUIREMENTS:

• At least two years’ experience in financial services data analysis
• Must have reliable transport and a valid driver’s license
• Flexibility in respect of working overtime as required
• Ability to multi-task and handle several different projects
• Strong work ethic and attention to detail
• Proficient time management skills