Financial Crime Name Screening Analyst

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

Aviva recognizes the importance of being flexible and the benefits of being together, this role will be hybrid – the best of both worlds.

We are looking for a new member to join the Verify Team as a Financial Crime Name Screening Analyst!

The key purpose of this role is to identify and assess the financial crime risks associated with various Aviva relationships, document exposures and mitigating associated financial crime risks. The focus will be on conducting high quality fact based due diligence investigations in compliance with established processes while meeting the demands of the business.

Does this sound like an exciting challenge? Come join our team!

What You’ll Do

• Investigate alerts of current relationships within the Global Name Screening system (GNS), undertake any required investigation, prepare analysis of the risk exposure in line with Aviva’s appetite, and communicate the recommendation to the involved partners.
• Act as the subject matter expert of financial crime requirements, industry best practices and applicable regulation in relation to financial crime risks
• Maintain a high degree of expertise in conducting fact-based investigations while adhering to applicable service level agreements
• Monitor business activity against Financial Crime policies, procedures, and business standards to identify incidents of non-compliance.
• Accurately and consistently follow and apply standards laid out in regulatory, Financial Crime Business Standards and/or Minimum Compliance Standards.
• Monitor and handle incoming Due Diligence requests. Complete investigation, analysis, and provide an assessment of Aviva’s financial crime risk to involved partners in the required timelines. Follow-up with the business on final decisioning.
• Assess financial crime risk exposures across the organization to understand the potential implications and recommend strategies to the business to mitigate exposures.
• Ensure escalation of high risk relationships to key collaborators, including 2nd Line Risk, in a timely manner.
• Assist in development and maintenance of processes and workflows relative to the function, with a view to ensuring that sound and current financial crime mitigation practices are in place and adhered to.
• Monitor and follow up with business partners on recommendations to ascertain actions taken and strategies deployed to mitigate risk. Maintain accurate documentation of the file relating to these elements.
• Escalate failures of action or risk mitigation .
• Familiarity and strong working knowledge of numerous internal systems and well as external research tools used in the financial crime analysis and investigation process.
• Build and maintain an excellent understanding of industry, standards, and internal procedures.
• Develop excellent knowledge of general insurance products and the application of financial crime review to these products and processes.
  
  

What You’ll Bring

• 5+ years Financial Crime Investigation experience with exposure to B&C, AML, and/or Sanctions risk assessment OR 5+ years’ experience in insurance with a risk focused, compliance or underwriting role
• Awareness of risk and experience evaluating risk as part of business-as-usual activities
• Excellent written communication skills – particularly in building out fulsome risk opinions and detailing research conducted
• Certified Anti-Money Laundering Specialist (CAMS) designation and Exposure to Financial Transactions Reports Analysis Centre of Canada (FINTRAC) compliance programs and guidance would be considered an asset
• Knowledge of financial crime screening systems/databases, investigative processes (may include AML, Terrorist Financing, Sanctions, B&C, Facilitation of Tax Evasion, PEP, RTS, Adverse Media) and ability to assess the financial crime risk exposures to Aviva resulting from true matches
• Experience with Oracle Watchlist Screening system an asset
• Insurance-based experience with roles of increasing responsibility an asset
• Understanding of claims and underwriting processes and systems
• Strong critical thinking abilities to facilitate review and accurate comparisons of alerts
• Strong investigative skills to source and review information for use in risk assessment activity
• Advanced Microsoft Excel skills
• Excellent interpersonal, communication, and collaboration skills
• Ability to articulate a risk point of view to senior business leaders to ensure there is clear understanding of the potential risks prior to making business decisions
• Excellent personal organization and time management skills combined with problem-solving and understanding of complex documents and reports
• Experience building and maintaining strong working relationships with key partners
• Ability to communicate complex technical concepts to specialist/non-specialist audiences
• Working efficiently without supervision and take initiative in handling projects
  
  

What You’ll Get

• Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity.
• Competitive rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• Excellent career development opportunities.
• We’ll support your professional development education.
  
  

Please note that we may use AI tools to help us through the recruitment process. This is an existing position which has been posted both internally and externally.

Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.