AML Team Lead

Position : AML Team Lead Location : Markham (Hybrid)Salary : $80,000 to $90,000 based on experience Job Type : Permanent Our client, a leader in the banking industry is seeking an AML Team Lead to join their team in Markham! In this role, you will play a pivotal part in ensuring compliance with AML / ATF regulations by conducting detailed investigations, monitoring transactions, advising on risk management, and driving process improvements to safeguard the organization against financial crimes. Responsibilities : - Lead Enhanced Due Diligence (EDD) by conducting in-depth reviews for higher-risk clients, ensuring compliance with AML protocols.- Analyze and investigate alerts to assess potential money laundering activities and unusual transactions, taking appropriate action.- Conduct compliance testing by evaluating branches, departments, and business units for adherence to AML procedures.- Monitor AML and SWIFT reports to identify suspicious or sanctioned activities and escalate them as needed.- Report findings by ensuring accurate and timely reporting of unusual transactions to the Chief Anti-Money Laundering Officer (CAMLO).- Provide strategic guidance to management on AML / ATF risks, particularly related to correspondent banking.- Deliver reporting by preparing comprehensive weekly, bi-weekly, monthly, and quarterly AML / ATF reports.- Strengthen processes by identifying procedural weaknesses and recommending targeted training to mitigate risks.- Develop procedures by drafting policies, procedures, and quality assurance documents to support compliance efforts.- Take on special projects and contribute to ad-hoc assignments and initiatives as directed by the CAMLO.- Train and support teams by providing guidance and training to internal teams and business units to enhance AML knowledge.- Stay informed on evolving AML / ATF regulations, typologies, and industry trends.Qualifications : - Bachelor's degree in Finance, Business, Accounting, or a related discipline.- At least 5 years of experience in an AML-focused role, with 2+ years in a leadership or management position within AML.- Strong understanding of AML / ATF laws, regulations, and industry standards.- CAMS certification (preferred).- Experience coming from personal or retail banking preferred.- Analytical problem-solving skills with great attention to detail.- Ability to identify patterns and develop actionable solutions.- Proficiency in Microsoft Office (Word, Excel, Outlook).- Excellent written and verbal communication skills, including concise reporting.- Confidence in decision-making, strong relationship-building abilities, and adaptability in fast-paced environments.Please send your resume in Word format to Christina Cerra at [email protected] A PERM HIRE AND EARN UP TO $1,000! For more details, click here.OUR VIRTUAL DOORS ARE OPEN! We're also bringing the interviews to you by various web applications, virtually! Contact us today for your next opportunity.