18 Jan
QUANTEAM - North America (Groupe RAINBOW PARTNERS)
Canada
About the Company:
As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 1,000 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Geneva, Lisbon, Porto and Casablanca.
We are looking for an AML Transaction Monitoring Analyst for one of our clients, an investment bank set in Montreal
Role Overview :
The team is responsible for overseeing compliance with laws, regulations, guidelines and policies that apply to the firm’s banking and financial activities,
particularly in the areas of anti-money laundering, anti-terrorism financing, sanctions & embargoes, know-your-customer obligations, client protection, market integrity, anti-bribery & corruption, data protection and client tax transparency.
The team enables the firm to operate according to essential compliance standards, ensures that the bank’s non-compliance and reputation risks are controlled, while supporting the business with existing activities and in the development of new products or services.
Compliance acts as a second line of defense, developing and implementing policies, procedures and controls, monitoring activities, advising the business, assessing risks, and providing training to ensure understanding and application of requirements, contributing to spread a culture of compliance within the Group.
The team is working as an extension of its U.S. team in the following divisions: Financial Crime Compliance, Digital Transformation Office, Testing, Monitoring & Risk Assessment and Capital Markets surveillance.
Key responsibilities:
The candidate will be responsible for reviewing alerts of potentially suspicious activity generated via the Bank's automated transaction monitoring system; closes or escalates them to a case; and investigates cases.
The responsibilities of this role include, but are not limited to :
- Act as the first level reviewer in making initial alert decisions as well as determining the specific information needed to manage the investigation.
- Manage a queue of alerts and cases ensuring timely follow up of requests and adherence to escalation procedures.
- Assist the team with analysis to optimize processes for improving monitoring.
- Assist other members of AML Compliance with ad hoc analysis and investigation requests.
- Perform analysis and duties pursuant to obligations under the USA PATRIOT Act (Sections 314(a) and 314(b) requests).
- Review and analyze AML current trends and news to identify high risk areas, counterparties, or keywords to incorporate into monitoring filters, rules, or profiles.
Required Qualifications and Skills:
Must Have:
- 3+ years of experience
- Know and understand the laws applicable to money laundering, including the BSA, the USA PATRIOT Act, US Treasury AML guidelines, SARs, and other requirements Strong attention to detail.
- Possess strong analytical, organizational, and communication skills and be able to multi-task, adhering to specific quality and productivity guidelines.
- Strong research skills, advanced skills in the use of Microsoft Word, Excel, Power Point, and experience with online research systems including web-based tools.
- Knowledge of multi-cultural situations and languages with the ability to apply them efficiently to the AML surveillance field.
- Prior AML Surveillance and/or Investigation experience preferred. Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority (“FINRA”).
- Education:
- Bachelor’s degree in computer science, information systems or another related field.
LANGUAGE:
English : mandatory
French : is a plus
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