AML Compliance Analyst

We are hiring for this position out of our Toronto and Vancouver offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About The Role

The AML Analyst will help ensure that business units are compliant with government anti-money laundering legislation. You will play a key role in supporting Peoples Group’s efforts to prevent financial crime and ensure regulatory compliance. Working closely with internal teams and external clients, you’ll assist in monitoring transactions, maintaining compliance documentation, and supporting audits and training initiatives.

About The Day-to-day

• Assist in the implementation of Peoples Group AML/ATF program to ensure compliance with all legislative and regulatory requirements, including PCMLTFA and OSFI Guideline B-8.
• Ensure efficient identification and monitoring of suspicious activities and transactions and reporting of suspicious transactions to the CAMLO and FINTRAC within specified timeline.
• Administer the implementation of regulatory compliance control databases.
• Ensure that actual and potential compliance violations and risk situations are pro-actively identified, investigated and resolved or escalated in an appropriate and timely manner.
• Conduct AML due diligence on prospective clients prior to onboarding, ensuring compliance with regulatory standards and internal policies.
• Collaborate closely with internal stakeholders and liaise with clients to facilitate the timely and accurate completion of all AML documentation and requirements.
• Act as the first point of contact for AML related queries.
• Assist with keeping AML/ATF related policies and procedures current.
• Maintain current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
• As an AML/ATF subject matter expert, provide direction and guidance to business units on AML/ATF related matters including high risk accounts.
• Timely execution of instructions received from manager and/or CAMLO.
• Assist with Peoples Group annual AML training module and other compliance training to business units as needed.
• Assist with AML Self-Assessment and Bi-annual AML Risk Assessment.
• Support regulatory examinations and external/internal audits.
• Other AML/ATF compliance tasks as assigned.
  
  

About The Qualifications

• A minimum of 6-months to 1 year of experience in compliance, banking, or a related field.
• Post-secondary education in business, criminology, or a related field.
• An intermediary understanding of current AML/ATF legislation and regulations.
• Exposure to regulatory AML/ATF compliance, risk management disciplines and best practices would be considered an asset.
• Proficiency with MS Office (focusing on Word, Excel, Outlook).
• Able to handle sensitive and confidential information with discretion
• Strong critical thinking, analytical and decision-making skills
• Excellent written and verbal communication skills, with the ability to engage professionally with external clients.
• A self-starter who can work independently and as part of a team
  
  

About Us

Peoples Group is a boutique financial institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 35 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

Our culture here at Peoples Group is formed by our values: Trustworthy, Creative, Willing. We believe people don't choose a company to work for, they choose a company to join. We prioritize risk-based practices and procedures in order to remain risk intelligent and compliant. We value people, building relationships, and focusing on strengths; we execute with passion.

About The Work Environment

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.

We Offer

• A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
• Competitive salaries, profit sharing, RRSP matching and benefits from day one.
• Generous paid time off to help achieve a healthy work-life balance.
• A strengths-based approach, ensuring we work together more effectively.
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.
  
  

Compensation

Peoples Group is pleased to offer employees a competitive annual salary plus a discretionary profit share opportunity. Salary for this position will vary between $65,000 and $75,000 per year depending on the knowledge, skills, abilities and experience that the chosen candidate possesses.

Help us get to know you better by answering our application questions! Your participation is expected as an essential part of our selection process.

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.