AML Investigator

We are currently seeking an AML Investigator to join our team.

The AML Investigator will work as an integral member of the Anti-Money Laundering Operations team. The AML Investigator is responsible for the detection, prevention and investigation of anti-money laundering and terrorist financing activities. You will determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to the Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to Tru Cooperative Bank.

Here’s what would be included as a part of your typical day

• Investigation: Conducts investigations on suspicious activity that may be related to money laundering and/or terrorist financing activities, including preparing investigative reports with findings and recommendations gathered from the analysis of account history and source documents, liaising with branch staff as appropriate. Evaluates suspicious or unusual activity; recognizes and evaluates high risk accounts and actively makes recommendations regarding account retention. Escalates and obtains management approval as appropriate. Assists business when deemed necessary to conduct member conversations to address transactional AML concerns with the objective being mitigation of AML risk.
• Risk and Compliance: Monitors and ensures compliance with existing legislation, and provides consultation, technical advice and support in the development and implementation of effective and proactive regulatory programs, controls, guidelines and systems. Ensures all statutory and non-statutory reporting is completed for suspicious transactions including comprehensive and detailed FINTRAC reports. Provides backup reporting when applicable for large cash transactions and Electronic Funds Transfer Reporting.
• Representation: Represents the Credit Union in criminal and/or civil proceedings as required to testify on the Credit Union’s behalf. Acts as a liaison with local law enforcement; justice system agencies, regulatory bodies, internal and external auditors. Remains active in AML community in order to maintain and build strong working relationships in our industry. Represents the credit union as a professional subject matter expert. Actively participate in educational sessions involving Corporate Security.
• Proactive Measures: Identifies and analyzes trends, escalates risk and makes related recommendations to the Manager to mitigate financial crime exposure. Identifies learning needs for staff in the application of statutory compliance and provides assistance with ensuring content of learning initiatives matches corporate requirements. Assists in the development and conduct training sessions on Anti-Money Laundering.

Required Skills, Experience & Qualifications

• Diploma in Criminology or related discipline required
• 3 years in the financial industry with security and audit responsibilities or a combination of education and experience required
• Demonstrated experience in conducting investigations and implementing security procedures is preferred
• Ability to maintain strict confidentiality
• Demonstrated written and verbal communication skills, with the ability to interact effectively and build long-term relationships with a wide variety of stakeholders, such as regulatory bodies, auditors, industry peers and law enforcement agencies
• Take responsibility for self-development and continuous learning
• Demonstrated investigative and report writing skills
• Experience using AML systems and investigative tools.
• Excellent computer skills (Microsoft Excel, Word, PowerPoint and Data Analytics Tools)
• Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures.