Senior Analyst, AML Operations (6 Month Contract)

Wealthsimple is on a mission to help everyone achieve financial freedom, no matter who they are or how much they have. Using smart technology, Wealthsimple takes financial services that are often confusing, opaque and expensive and makes them simple, transparent, and low-cost.
Our team is reimagining what it means to manage your money. Smart, high-performing team members will challenge you to learn and grow every day. We value great work and great ideas — not ego. We're looking for talented people who love a fast-paced environment, and want to ship often and make an impact with groundbreaking ideas. We’re a remote-first team and output is more important than facetime, so where you choose to work is up to you — as long as you have internet access, you can work from anywhere in Canada. Be a part of our Canadian success story and help shape the financial future of millions — join us! At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know.
Read our Culture Manual and learn more about how we work.
About the role
The AML Operations team is responsible for the detection, response and elimination of inherent and residual money laundering and terrorist financing risks. As an AML/CTF subject matter expert, the Senior Analyst will be responsible for managing complex investigations and support the overall development of Wealthsimple’s AML program. This role will require attention to detail, innovative thought, resourcefulness, and the ability to apply a rational, research-oriented approach to the work at hand. 

In this role, you will:

• Review and adjudicate 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:
a. Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Listsb. Transaction Monitoringc. Unusual Transaction Reports (UTR) 
• Document and report investigation findings and prepare comprehensive case files with required supporting documentation. 
• Draft Suspicious Transaction Reports (STRs) for filing to FINTRAC.
• Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover financial crime.
• Manage multiple alerts/cases at a time and maintain Service Level Agreements within specified timeframes.
• Participate in bi-weekly calibration sessions with peers and relevant internal staff to shape and enhance the growth of the team and the AML program overall.
• Provide assistance in performing quality assurance reviews of Analyst work product, and deliver neutral, accurate and constructive feedback.
• Work collaboratively with peers and manager to help drive execution, meet quality and production goals and deadlines.

The ideal candidate for this role has:

• 2+ years of experience in financial technology or technology-driven financial services firm with experience in AML/CTF programs
• Thorough understanding of AML/CTF risks and regulations
• Knowledge of transaction monitoring and name screening processes
• Experience performing complex AML/CTF investigations including writing detailed cases, providing recommendations, and filing of regulatory reporting
• Have high level of precision and attention to detail
• Investigative mentality; identifies gaps and challenges, asks the right questions at the right time, and looks beyond the obvious for solutions
• Ability to do independent research
• Resourceful, persistent and able to thrive in fast paced environment
• Ability to take ownership with a proactive, not reactive, approach
• Great communication skills, both verbally and via written reports
• Passionate about technology, and eager to grow in the AML industry