AML/ATF Compliance Analyst Category: Business Analysis (functional and technical)
Main location: Canada, Quebec, Montre9al
Position ID:J1026-2941
Employment Type: Full Time
Position Description: The AML/ATF Compliance Analyst contributes to the maintenance and implementation of the organization's compliance program in accordance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and the requirements of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
This role aims to protect the organization against regulatory, financial, and reputational risks associated with financial crime.
Your future duties and responsibilities: 1. AML/ATF Compliance Program Support
. Participate in the implementation and ongoing maintenance of the Anti Money Laundering and Anti Terrorist Financing (AML/ATF) compliance program.
. Support the application of internal policies and procedures to ensure compliance with the PCMLTFA, applicable FINTRAC requirements, and other relevant regulatory provisions.
. Participate in the periodic review of compliance policies and procedures, particularly those related to: Know Your Customer / Know Your Business (KYC/KYB); Identification and verification of Politically Exposed Persons (PEPs); Customer Due Diligence (CDD); Enhanced Due Diligence (EDD).
. Conduct required reviews and follow ups to support the effective implementation of internal AML/ATF policies, procedures, and controls.
. Ensure the collection, updating, classification, and retention of compliance related information and documentation in accordance with internal procedures and applicable regulatory requirements.
. Perform any other duties assigned by the manager.
2. Risk Assessment
. Participate in gathering and analyzing information required to assess risks associated with the organization's clients, activities, and transactions, including money laundering, terrorist financing, sanctions evasion, and fraud risks.
. Contribute to the ongoing updating of risk assessments in response to changes in the organization's activities.
. Participate in the implementation and monitoring of controls designed to identify and prevent money laundering and terrorist financing activities.
3. Transaction Monitoring and Regulatory Reporting
. Review and analyze alerts generated by transaction monitoring systems, along with available information, to identify suspicious transactions requiring further investigation.
. Conduct investigations into suspicious transactions, document findings, and escalate matters to the manager.
. Prepare and organize the documentation required to assess FINTRAC reporting obligations, including: Suspicious Transaction Reports (STRs); Electronic Funds Transfer Reports (EFTRs); Listed Person or Entity Property Reports; Reports concerning clients suspected of sanctions evasion.
. Assist various teams in analyzing identified risks and documenting their needs to support process optimization.
4. Training and Awareness
. Participate in the preparation of AML/ATF training materials and maintain up to date training records.
. Contribute to fostering a culture of compliance and vigilance focused on proactive risk management and prevention.
5. Audit and Examination Support
. Participate in preparing for internal audits, external examinations, and requests for information or documentation from FINTRAC or other competent regulatory authorities.
. Contribute to updating compliance procedures and documentation following regulatory changes or approved recommendations.
Required qualifications to be successful in this role: . University degree in Law, Finance, Economics, Criminology, Risk Management, or a related field.
. Minimum of three (3) to five (5) years of experience in a similar role involving compliance, anti money laundering, or financial crime.
. In depth knowledge of the PCMLTFA, FINTRAC guidelines, and compliance best practices.
. Proficiency in transaction monitoring tools. Familiarity with databases and screening platforms such as OpenSanctions, ComplyAdvantage, or similar solutions is an asset.
. Ability to collaborate effectively in a dynamic, fast paced operational environment.
. Ability to prepare clear, factual, and concise investigation reports and summaries.
. Excellent communication and interpersonal skills.
. Fluency in French, both written and spoken, is mandatory; working proficiency in English.
Assets
. Professional certification in compliance or AML/ATF, such as Certified Anti Money Laundering Specialist (CAMS) or certification from the Association of Certified Financial Crime Specialists (ACFCS).
. Experience in a FINTRAC regulated sector, particularly within a Money Services Business (MSB), payment services provider, or fintech company, is a strong asset.
CGI is providing a reasonable estimate of the pay range for this role. The determination of this range includes factors such as skill set level, geographic market, experience and training, and licenses and certifications. Compensation decisions depend on the facts and circumstances of each case. A reasonable estimate of the current range is $70,000-$135,000. This role is an existing vacancy.
Bilingualism (French and English) is required for this position due to the nature of the role requiring interaction with national and global clients.
Skills: - French
- Analytical Thinking
- Communication
- Customer Service & Support
- Problem Solving
