AML Compliance Officer (FIU)

• 2500569

At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.

Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.

Anti-Money Laundering Compliance Officer

How does the role impact the organization?

As part of the Anti-Money Laundering (“AML”) Financial Intelligence Unit (“FIU”), under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to monitor and investigate transactions for suspicious activity to ensure compliance with AML rules and regulations. Resolves or recommends solutions to complex problems. Extensive contact with internal customers is required to identify, research and resolve problems.

What will your role be responsible for?

• Investigate potentially suspicious activity generated through transaction monitoring cases;
• Serve as a subject matter expert for expected client behavior within various financial products in the retail brokerage and overall financial industry to identify patterns indicative of possible money laundering;
• Conduct appropriate due diligence related to the potential suspicious activity through the review of client background information, review of securities transactions, and fund movements as necessary;
• Draft and file Suspicious Transaction Reports (STRs)
• Administer policies and procedures to ensure compliance with regulations related to money laundering included in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA);
• Monitor regulatory and legal developments, as well as industry trends, to facilitate incorporation into the Firm’s AML program;

What can you expect from us?

Our most important investment is in people. Upon eligibility, Raymond James Ltd offers flexible workstyles, a competitive compensation and benefits package. Our benefits range from Health Benefits, RRSP Matching Program, Employee Stock Purchase Plan, Paid Time Off, Volunteer Days, Discretionary Bonuses, Tuition Reimbursement and many more! We also support internal promotion and community involvement.

What do we expect from you?

To qualify for this opportunity you possess:

Knowledge of

• Knowledge of key concepts, practices, and procedures of securities industry and/or banking compliance reviews;
• Familiar with rules and regulations of the PCMLTFA, FINTRAC Guidelines, and other AML-related regulations, rules, or guidance;
• Familiar with fundamental investment concepts, practices and procedures used in the securities industry;
• Understanding of principles of banking and finance and securities industry operations.

Skill in

• Administering anti-money laundering policies and procedures;
• Analyzing transactional activity and client behavior to identify suspicious transactions or AML risks.
• Developing and delivering technical training to others;
• Planning and scheduling work to meet regulatory organizational and regulatory requirements;
• Identifying and applying appropriate compliance monitoring procedures and tests;
• Making, parsing, and documenting risk-related decisions;
• Analyzing departmental processes to identify opportunities for efficiencies and exposures to risk.

Ability to

• Gather information, identify linkages and trends and apply findings to assignments;
• Interpret and apply AML regulations and identify and recommend compliance changes as appropriate;
• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities;
• Communicate effectively, both orally and in writing;
• Work independently as well as collaboratively within a team environment;
• Maintain confidentiality, and currency in anti-money laundering rules and regulations and compliance examination techniques and best practices;
• Communicate proficiently in French is an asset

Educational/Previous Experience Requirements

• Bachelor’s Degree from a four-year college or university in a related field; and
• 2 years of relevant experience.

Licenses/Certifications

• CAMS certification required or ability to obtain within 6 months of employment.

We encourage our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at [email protected]. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.

Salary Range: BC (based on Education, Work Experience, etc) $71,000-82,000 in addition to competitive performance bonuses/incentives