AML Investigator

Job Description

AML Investigator:
On behalf of our financial client, Procom is searching for an AML Investigator for a 5 month contract role. This position is a hybrid position with 1 day onsite at our client’s Toronto office.

AML Investigator - Job Description:
The AML Investigator will play a crucial role in the AML/ATF department within Compliance, responsible for managing the Bank’s AML/ATF risk through effective control implementation and monitoring. The role involves conducting AML/ATF testing, assessing unusual transactions, preparing Suspicious Transactions Reports (STRs), and supporting business units in a fast-paced environment.

AML Investigator - Responsibilities:
• Plan, conduct, and complete risk-based investigations for alerts identified from adverse media, name screening against PEPs, sanctions, and terrorism financing.
• Gather information/intelligence to support suspicions of money laundering or other criminal activities.
• Prepare accurate reports and documentation following investigation outcomes.
• Maintain accurate records of all investigative actions and ensure confidentiality and compliance with legal requirements.
• Ensure investigations are completed within defined timelines.
• Provide advice and support to business units on inquiries and resolutions.
• Identify areas for improvement and make recommendations to close gaps.
• Proactively identify best practices to ensure regulatory compliance.
• Escalate issues, including system issues, to the Senior Manager.
• Identify major AML/ATF risk trends and suggest areas for focused training.
• Support new initiatives and requirements as needed.

AML Investigator - Mandatory Skills:
• Post-secondary education in business or finance with a minimum of 3 years of experience in a regulated financial institution in Canada.
• Working knowledge of AML/ATF regulatory requirements and industry best practices.
• Proficient in Microsoft Office (Word, Excel, PowerPoint) and internet navigation.
• Strong organizational skills with the ability to prioritize and multi-task.
• Excellent verbal and written communication skills.
• Proven analytical and problem-solving skills.
• Strong attention to detail and record management skills.

AML Investigator – Nice-to-Have Skills:
• AML designation (CAMS/CFCS).
• Experience in adjudicating transaction alerts and monitoring for retail banking.
• Bilingualism (English and French).

AML Investigator – Assignment Length:
This is a 5 month contract position.

AML Investigator - Start Date:
ASAP.

AML Investigator - Assignment Location:
Toronto, Ontario, Canada. This is a hybrid position with 1 day in the office.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.