AML Fraud Analyst at Sunrise Credit Union

At Sunrise Credit Union, we believe in more than banking — we believe in strengthening our communities, empowering our members, and enabling teams to bring their best ideas forward. As one of Manitoba’s fastest-growing credit unions, we pride ourselves on offering meaningful work, engagement, and a culture of learning and innovation.

The Analyst monitors transactions and risk indicators, conducts investigations, analyzes data, prepares reporting for management, and ensures compliance with regulatory requirements under FINTRAC, AML/ATF legislation, DGCM guidance, and internal policies. Working collaboratively across departments, this role helps protect member assets, strengthen risk oversight, and support informed, risk-aware decision-making across the organization.

Key Responsibilities & Duties

Risk Monitoring, Analysis & Reporting

• Monitor key risk indicators (KRIs), control issues, incidents, and emerging risks across operational and enterprise risk domains.

• Support the development, maintenance, and documentation of risk assessments, including control testing and process evaluations.

• Prepare dashboards, scorecards, and risk reports for Manager, Enterprise & Third-Party Risk Management, Director, Risk, CFRO, and governance committees.

• Track and analyze trends in incidents, losses, fraud activity, and AML cases to identify patterns and vulnerabilities.

Fraud Monitoring, Investigation & Loss Prevention

• Monitor transactions, accounts, alerts, and member activity for fraud indicators and suspicious behaviours.

• Investigate suspected fraud cases, collect evidence, document findings, and recommend corrective action.

• Support recovery efforts and loss prevention strategies to minimize financial and reputational risk.

• Provide input into fraud prevention training, awareness programs, and control enhancements.

AML/ATF Monitoring, Investigation & Compliance

• Conduct transaction monitoring and investigations related to unusual or suspicious activity.

• Analyze accounts, member behaviour, and transaction patterns to identify potential financial crime risks.

• Prepare and submit regulatory filings (STRs, LCTRs, TPRs) within FINTRAC timelines.

• Support AML/ATF policy maintenance, control testing, and compliance reviews.

• Maintain case management files and ensure audit-readiness.

Collaboration, Advisory Support & Stakeholder Services

• Partner with branch, operations, lending, IT, and other internal teams to provide guidance on AML, fraud, and risk matters.

• Support training and awareness initiatives that enhance financial crime prevention and risk culture.

• Participate in enterprise risk assessments for new products, services, vendors, and operational initiatives.

• Contribute to cross-functional working groups within risk, fraud, and compliance areas.Data, Systems & Continuous Improvement

• Use monitoring tools, case management systems, and data visualization platforms to analyze risk and financial crime trends.

• Support testing and enhancement of AML/fraud systems, risk tools, and process automation.

• Identify opportunities to improve reporting accuracy, workflow efficiency, and detection effectiveness.

• Maintain knowledge of emerging fraud schemes, AML trends, risk methodologies, and regulatory expectations.

Other Duties

• Support audits, regulatory reviews, and governance reporting.

• Participate in enterprise, financial crime, and ERM-related projects as assigned.

• Perform additional responsibilities that support departmental and organizational objectives.Education & Qualifications

• 2–4 years of experience in fraud prevention, risk management, compliance, or related field.

• Post-secondary diploma or degree in Business, Finance, Risk Management, or related discipline.

• Or an equivalent combination of education and experience.

• Knowledge of fraud detection, AML, investigation techniques, risk analysis and loss prevention practices.

• Understanding of FINTRAC regulations, AML/ATF legislation, and financial crime risk frameworks.

• Familiarity with financial services regulatory requirements in Canada.

• Experience working in a regulated financial institution.

• Proficiency in Microsoft Office (Excel, Word, PowerPoint) and familiarity with AML/fraud/risk monitoring tools.

Preferred

.  Experience in a credit union, financial institution, or regulated financial environment.

• Professional certification such as CFE, CRM, or course work in AML, fraud or ERM.

• Previous experience in fraud prevention, investigations, or risk analysis in a credit union, bank, or financial services setting, preferred.

• Training in AML, compliance, or cybersecurity are considered an asset.

Core Skills and Competencies

• Strong analytical, investigative, and problem-solving skills.

• High attention to detail with the ability to interpret complex data and detect anomalies.

• Excellent written and verbal communication skills for documenting investigations and preparing reports.

• Ability to apply regulatory requirements and risk policies with sound judgment.

• Integrity, discretion, and professionalism when handling confidential information.

• Strong organizational and time-management skills; able to manage multiple cases or tasks simultaneously.

• Collaborative mindset with strong interpersonal skills to work effectively across teams.

• Ability to identify control gaps and recommend actionable improvements.

• Adaptability and willingness to learn new tools, technologies, and methodologies.

Why Sunrise? 

Sunrise is committed to fair and meaningful employment within a safe and respectful workplace. We support staff with progressive HR practices, training, and the tools they need to help our members today and tomorrow. Our employees are diverse, proud, and motivated — and we expect the same energy from those who lead. 

 Sunrise is proud to offer one of the most comprehensive benefit programs; individualized training and development programs and incentive pay plan.

We thank all applicants, but only those selected for an interview will be contacted.