About Company
Joining Career.zycto means stepping into an environment where your expertise in financial crime prevention is not just valued but crucial. We understand the complex landscape of regulatory compliance and are committed to fostering a team that excels in safeguarding financial integrity. For an Anti-Money Laundering Analyst, this translates into a challenging yet deeply rewarding career path, offering the opportunity to apply critical thinking and investigative skills daily. Our collaborative culture supports continuous learning and professional growth, ensuring you remain at the forefront of AML best practices. Come contribute to a mission that makes a real difference.
Job Description
Career.zycto is seeking a diligent and highly analytical Anti-Money Laundering (AML) Analyst to join our growing compliance team in Hespeler, Cambridge. This full-time role offers a unique opportunity to contribute significantly to our mission of upholding the highest standards of financial integrity and regulatory compliance. As an AML Analyst, you will be instrumental in protecting our operations from illicit financial activities, leveraging your investigative prowess and deep understanding of AML regulations. You will be responsible for conducting thorough investigations, analyzing suspicious transaction patterns, and ensuring adherence to all relevant anti-money laundering and anti-terrorist financing laws and policies, including FINTRAC guidelines. We are looking for a proactive individual with a keen eye for detail, a strong ethical compass, and the ability to operate effectively in a fast-paced and evolving regulatory landscape. If you are passionate about financial crime prevention and eager to make a tangible impact, we encourage you to apply.
Key Responsibilities
- Conduct comprehensive investigations of suspicious transactions and activities, ensuring timely and accurate resolution.
- Prepare and file Suspicious Transaction Reports (STRs) and other regulatory reports with FINTRAC, adhering strictly to deadlines and guidelines.
- Perform enhanced due diligence (EDD) on high-risk clients and transactions to mitigate potential risks.
- Analyze complex financial data and identify patterns indicative of money laundering or terrorist financing schemes.
- Stay current with evolving AML/ATF regulations, industry best practices, and emerging financial crime typologies.
- Collaborate with internal stakeholders, including legal, risk, and operations teams, to ensure consistent application of AML policies and procedures.
- Assist in the development and implementation of AML training programs for staff across various departments.
- Maintain accurate and detailed records of all investigations and compliance activities for audit purposes.
- Participate in internal and external audits related to AML compliance, providing necessary documentation and explanations.
Required Skills
- Bachelor's degree in Finance, Economics, Business Administration, Criminology, or a related field.
- 2+ years of experience in an Anti-Money Laundering, Compliance, or Financial Crime Prevention role.
- Strong understanding of Canadian AML/ATF legislation, including PCMLTFA and FINTRAC reporting requirements.
- Proven analytical and investigative skills with a meticulous attention to detail.
- Proficiency in financial crime detection software and data analysis tools.
- Excellent written and verbal communication skills for report writing and stakeholder interaction.
- Ability to work independently and as part of a team in a dynamic and fast-paced environment.
- Strong ethical standards and unwavering integrity.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
Preferred Qualifications
- Certified Anti-Money Laundering Specialist (CAMS) designation or equivalent industry certification.
- Experience with advanced analytics or artificial intelligence tools for fraud/AML detection.
- Knowledge of global AML regulations (e.g., FATF recommendations, OFAC sanctions).
- Experience working within the banking or credit union sector.
Perks & Benefits
- Competitive salary and a comprehensive benefits package.
- Opportunities for professional development and CAMS certification support.
- A collaborative, supportive, and intellectually stimulating work environment.
- Challenging and impactful work in a critical field of financial crime prevention.
- Modern office facilities located conveniently in Hespeler, Cambridge.
- Commitment to work-life balance initiatives for employee well-being.
How to Apply
Interested candidates are invited to submit their detailed resume and a cover letter outlining their qualifications and experience. Please emphasize your relevant background in AML compliance and financial investigations, and your understanding of Canadian regulatory requirements. Click on the application link below to apply for this job directly.
