AML Analyst

Job Description

Key Responsibilities

• Monitor customer transactions for unusual or suspicious activity using internal AML systems.


• Review and investigate alerts, documenting findings clearly and accurately.


• Conduct research on customers and counterparties using internal records and external databases (e.g., sanctions lists, adverse media).


• Escalate potential suspicious activity to analysts or Compliance for further review.


• Prepare or support the preparation of Suspicious Activity Reports (SARs) / Suspicious Transaction Reports (STRs).


• Maintain thorough documentation of all investigations in accordance with regulatory standards.


• Assist with enhanced due diligence (EDD) reviews for higher-risk clients.


• Support audits, regulatory exams, and periodic AML reviews.


• Stay informed on AML regulations and industry best practices.

Qualifications

• Bachelor’s degree in Finance, Business, Law, Criminology, or related field.


• 1–3 years of AML, compliance, risk, or financial services experience (preferred).


• Knowledge of AML regulations (e.g., FINTRAC, OFAC, FATF, PIPEDA, USA PATRIOT Act depending on region).


• Experience with AML transaction monitoring tools (e.g., Actimize, Verafin, Quantexa, or similar).


• Strong analytical and investigative skills with high attention to detail.


• Excellent written communication skills for documentation and reporting.

Job Type & Location

This is a Contract position based out of Toronto, ON.

Pay and Benefits

The pay range for this position is $30.00 - $35.00/hr.

Workplace Type

This is a fully onsite position in Toronto, ON.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.