AML Analyst (Anti-Money Laundering)

About the team

We are hiring for 2 positions (1 yr fixed term contracts) within our AML Program on our Fiat and Crypto teams. The Anti-Money Laundering (AML) team is responsible for the detection, response, and mitigation of inherent and residual money laundering and terrorist financing risks.

In this role you will learn/understand:

• The different types of money laundering and terrorist financing risks faced by Wealthsimple and what a risk-based approach means

• Wealthsimple’s regulatory obligations, policies and procedures to combat money laundering and terrorist financing

• How AML Operations reduces risk to Wealthsimple

• The due diligence process and its related information sources

• The process for identifying and reporting suspicious client activity

In this role you will have the opportunity to:

• Analyze and investigate alerts that are generated using standard policies, procedures and tools, aimed at meeting internal and external AML regulatory requirements.

• Alerts include, but are not limited to:

  • Automated Transaction Monitoring

  • Cryptocurrency AML Ledger Screening

• Perform Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Lists

• Enhanced Due Diligence Reviews (High Risk Clients, Politically Exposed Persons)

• Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover financial crime.

• Utilize internal systems and tools for obtaining information and documenting alert dispositions.

• Manage multiple alerts at a time and maintain Service Level Agreements within specified timeframes.

• Participate in calibration sessions with peers and relevant internal staff to identify financial crime trends.

What You'll Bring:

• 2+ years experience working in an AML/CTF role at a financial technology or technology-driven financial services firm

• A high level of precision and attention to detail, ensuring accuracy and thoroughness in reviews

• Resourceful, persistent and able to thrive in a fast paced environment

• Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment

• Ability to adapt to changing priorities and requirements, and stay up-to-date with changing regulations and industry standards

• Ability to analyze datasets and identify anomalies and patterns

• Ability to take ownership with a proactive, not reactive, approach

• Great communication skills, both verbally and via written reports

• Passion about technology, and eager to learn about the AML industry

• CAMS, Chainalysis Certifications, or other AML related certifications as a “nice to have”