Global Technical Talent, an Inc. 5000 Company

Risk Analyst

No longer accepting applications

Risk Analyst - Transaction Monitoring

  • Contract Duration 18 months

Job Details

Customer

  • Acts as a key resource/specialist owner or representative by providing technical subject matter expertise/analysis or operational process support on AML/ATF, Sanctions/ABAC matters
  • Contribute to the identification, and implementation of new products, operating workflow, additional services/products/applications, or operational efficiencies
  • Ensure currency transaction reports, suspicious activity reports, and suspicious transaction reports are filed in accordance with regulatory requirements
  • Run and review information against various lists/guidelines to ensure accuracy and flag potential deviations and unusual activity
  • Develop and execute AML, Sanctions/ABAC reporting functions and/or produce consolidated or aggregated reporting as appropriate

Shareholder

  • Prioritize and manage own workload to meet SLA requirements for service and productivity
  • Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate
  • Protect the interests of the organization – identify and manage risks, and escalate non-standard, high-risk transactions/activities as necessary
  • Comply with applicable internal and external audit and regulatory requirements and may actively participate in Audit Reviews, providing recommendations and guidance as required
  • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
  • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Job Requirements

Employee / Team

  • Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation, and teamwork, and ensure timely communication of issues/ points of interest
  • Support the team by continuously enhancing knowledge/expertise in their own area and participating in knowledge transfer within the team and business unit
  • Keep current on emerging trends/ developments and grow knowledge of the business, related tools, and techniques
  • Participate in personal performance management and development activities, including cross-training within own team
  • Keep others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
  • Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching, and/or guidance as appropriate.
  • Contribute to a fair, positive and equitable environment that supports a diverse workforce
  • Act as a brand champion for your business area/function and the bank, both internally and/or externally

Breadth & Depth

  • Require specialized expertise and perform multiple and/or diverse tasks that are highly complex, involving multiple steps, systems, and jurisdictions
  • Transactions and activities require in-depth knowledge across a broad range of variety of products, processes, or systems within their own area of specialty and where transactions could be characterized by moderate to high risk
  • Gather and analyze data to identify complex problems and escalate as required
  • Generally, interact with internal customers/partners for functions performed and/or external customers May provide process/policy guidance to others (e.g. within the team, internal partners)
  • The focus of work is weekly, monthly, and/or longer with the addition of ad-hoc and initiative-based requests, as required
  • Process subject matter expert in a range of technical processes and procedures Generally reports to a Team Manager

Summary of Day-to-Day Accountabilities:

  • Candidates will be working within AML operations, conducting rapid (15-20 min) reviews of alerts that are triggered via an algorithm based on risk factors/behaviors
    • Reviewing alerts for potential risks in customer transactions
    • Writing up 1-2 paragraph assessment on whether it should be escalated or closed
  • Working within AML operations; rapid reviews of alerts that are triggered via algorithm (based on risk factors, and behaviors) (15-20 minutes).
  • Customer transactions, details, and the nature of business.
  • Quickly write up a 1-2 paragraph review on whether it should be escalated or closed based on the absence of risk.

Must-Have:

  • 2 years of AML experience
  • Previous corporate experience
  • Self-driven and motivated to learn
  • Able to work independently but also work as part of a team
  • Computer savvy – pick up on internal systems and quick learner

Nice To Have

  • Previous banking experience (international included)
  • Professional education or certifications
  • Business writing experience

Notes:

  • Existing knowledge and experience of AML. Above average technical skills. Previous experience working in operations role.
  • Work Location (Remote, Hybrid or Both?): 2 days per week onsite- hybrid model, with most initial training (first 6 weeks remote).

About The Company:

  • As a top 10 North American bank, our client aims to stand out from its peers by having a differentiated brand – anchored in a proven business model and rooted in a desire to give its customers, communities, and colleagues the confidence to thrive in a changing world.
  • Our client engages in providing financial products and services. They offer various financial products and services, telephone, Internet, and mobile banking services, retail and commercial banking services, and wealth management services. The Wholesale Banking segment provides capital markets, investment banking, corporate banking products, and investment needs to companies, governments, and institutions in financial markets.

#gttca

24-08601

  • Seniority level

    Entry level
  • Employment type

    Contract
  • Job function

    Finance and Sales
  • Industries

    Staffing and Recruiting

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