Business Systems Analyst – AML

Business Systems Analyst – AML Technologies

Experience Range : 8+ years

Location : Toronto

Job Summary

We are seeking a Business Systems Analyst (BSA) with expertise in AML technologies to bridge the gap between business needs and technical solutions. The ideal candidate will analyze, design, and implement systems that enhance AML compliance, transaction monitoring, and risk mitigation. This role requires strong collaboration with compliance teams, IT, and vendors to ensure effective AML technology solutions.

Key Responsibilities

• Requirements Gathering : Work with AML compliance teams to document business needs, regulatory requirements, and process improvements.
• System Design : Translate business requirements into functional specifications for AML systems (e.g., transaction monitoring, sanctions screening, SAR / CTR filing).
• Process Optimization : Identify inefficiencies in AML workflows and propose system enhancements to improve accuracy and efficiency.
• Data Analysis : Analyze transaction data, system outputs, and user feedback to refine AML system performance.
• Documentation : Maintain clear documentation of system configurations, workflows, and change requests.
• Regulatory Alignment : Ensure systems comply with evolving AML / BSA regulations (e.g., FinCEN, OSFI).

Qualifications & Requirements

o Familiarity with AML systems.

o Proficiency in SQL, data analysis, and reporting tools (e.g., Tableau, Power BI).

o Understanding of APIs, system integrations, and workflow automation.