Jr. Compliance Analyst

Your role

What You'll Be Doing

• Conduct Know Your Customer (“KYC”) reviews for the onboarding of new clients, as well as periodic and trigger event reviews of existing clients.
• Perform due diligence on clients including obtaining corporate records, information verification through public sources and various third-party vendors.
• Verify KYC documentation and perform the risk assessment.
• Identify indicators of higher risk relationships and conduct Enhanced Due Diligence (“EDD”) (e.g., high-risk industry (Banks, Credit Unions & MSBs), Politically Exposed Persons (“PEP”) or Sanctions linked to customer’s nature of business)
• Review and validate business activities, ownership structures, Compliance related documents and financial statements.
• Ensure adherence to internal policies and regulatory frameworks such as FATF, FinCEN, OFAC, FINTRAC, AUSTRAC, FCA and other applicable jurisdictions.
• Work with legal and compliance teams to address regulatory inquiries and audits.
• Evaluate negative media screening and measure their risks.
• Manage exceptions ensuring that all SLA’s defined with the Business on timeliness and quality are adhered.
• Assist in ad hoc and remediation projects as assigned by Chief Compliance Officer, Compliance Director, and/or Compliance Manager(s).
• Minimum 1+ years experience in a compliance role within the financial services industry
• Solid knowledge of AML (Anti Money Laundering), CTF regulations, requirements, and best practices.
• Knowledge of commonly known high risk industries, red flags, typologies, and applicable EDD is an asset.
• Ability to identify trends and inconsistencies, including interpreting alerts, assessing risk scores and entity types.
• Strong writing, research, and investigation skills; capability to document relevant information clearly, structured, and comprehensively.
• Ability to multi-task and perform in a fast-paced environment.  
• Possesses a natural ability to work collaboratively to meet tight deadlines, overcome challenges and deliver quality results.
• Self-driven, solutions and goals oriented with a strong commitment to team success.
• Possesses a fundamental understanding of audit practices.
• Focus on quality and continuous improvement.