AML Analyst (Anti-Money Laundering) Job at Wealthsimple, Remote

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  • Wealthsimple
  • Remote

Job Description

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”

Job Tags

Contract work, Fixed term contract

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