Job Description

Job Category: Risk
:
We are currently seeking a AML/ATF Analyst to join our team.
The AML/ATF Analyst works as an integral member of the Anti-Money Laundering Operations team. This role triages all alerts through our case management system not limited to Transaction Monitoring, Sanctions, and PEP screening. The Analyst also conducts investigations and submits STRs as required. They determine whether simple suspicion exists of money laundering, financing of terrorism or other criminal activities, to escalate for further investigation. The AML/ATF Analyst reviews high-risk accounts as determined by the AML Policy and department procedures.
Here's what would be included as a part of your typical day * Reporting: Conducts ongoing reviews on High-risk Memberships within the allocated time frames and action accordingly. Conducts an initial assessment on alerts to identify unusual transactions that need to be escalated for further investigation. Assists with the annual review of AML procedures and ensure alignment with industry standards and the AML policy.

• Investigation: Conducts investigations on suspicious activity that may be related to money laundering and/or terrorist financing activities, including preparing investigative reports with findings and recommendations gathered from the analysis of account history and source documents. Identifies politically exposed people (PEP), heads of international organizations (HIOs), persons of interest and designated persons after assessment of alerts and conduct reviews as per the AML/ATF policy and procedures.
• Systems: Assists in the planning, testing, and implementation of system enhancements and conversions. Develops and provides resources and recommendations to enhance software analytics and utilization. Provides assistance, where required, during regulatory examinations and external reviews
• Projects: Conducts research and participate in departmental and organizational projects.
• Analysis: Provides information and analysis to department leader management to support regulatory risk monitoring and reporting for the organization. Monitors the internal and external environment for emerging AML issues and identify trends and organizational gaps.
• Other: Keeps abreast of legislative and regulatory requirements, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and remains current on organizational practices, policies, procedures and identify immediate risk concerns pertaining to legislative and regulatory requirements. Collaborates with industry peers to ensure First West approach aligns with industry best practices. Participates in the delivery of related education and training across the organization using various forums.

Required Skills, Experience & Qualifications

• Bachelor's degree in Business or a related discipline required
• Designations such as the CAMS, CFCS, CFCI or progress towards them, are nice to have.
• 3 years' experience in the financial industry with 1 years' experience in AML/TF Compliance and/or Operations required.
• Ability to maintain strict confidentiality.
• Demonstrates strong written and verbal communication skills, with the ability to interact effectively and build long-term relationships with a wide variety of stakeholders, such as regulatory bodies, auditors, industry peers and law enforcement agencies
• Takes responsibility for self-development and continuous learning
• Demonstrates investigative, and report writing skills
• Experience using AML systems and investigative tools.
• Excellent computer skills (Microsoft Excel, Word, PowerPoint and Data Analytics Tools)
• Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures.

About Us:
What's in it for you:
First, we strive to make our team members feel genuinely rewarded. You'll have:

• Mental health coverage and resources
• Customizable health benefits, as well as topped-up parental leave
• Performance-based compensation, employee banking advantages and group RRSP matching
• Vacation time and flexible work arrangements to support your lifestyle

We are committed to providing a fair, equitable, and competitive rewards package that reflects the value an individual brings to our organization. The compensation mentioned in this job posting should serve as a guide. The total cash compensation earned may vary based on a variety of factors including bonuses and/or incentives, an individual's skills and experience, and may correlate with performance in the role.
We also provide and encourage opportunities for our employees to make a meaningful impact. After all, as a credit union we're powered by giving back-in big ways and through small gestures. That's why we offer employees paid time off to volunteer, partner with thousands of local charities, build long-lasting relationships that help our members get ahead and commit to environmental, social and governance (ESG) practices.
By joining our team, you'll be able to elevate your potential. Wherever your own purpose leads, we're here to support you with award-winning in-house training programs, access to LinkedIn Learning, and reimbursement for external courses to help you get ahead.
Take the next step in your career as part of our team. Apply for this opportunity!
Candidates, please note: if you are being considered for this role, you will be required to complete a background check, such as employment verification, credit check and criminal record check.
Diversity, Equity, Inclusion & Belonging
At First West Credit Union, we embrace diversity regardless of gender identity or expression, sexual orientation, religion, race, ethnicity, age, diverse ability, and any aspect that makes someone unique. Inclusion is woven through our organization, from our employee-led network groups, hiring practices and education programs that address barriers and continually grow our equitable, diverse and inclusive culture.
We encourage people who are from equity-deserving groups to apply for a career with us, including women or non-binary people, persons with diverse abilities, Black, Indigenous Peoples, People of Colour and members of 2SLGBTQIA+ communities.
If an accommodation would help you during the process of applying or interviewing for a career with us, please let us know how we can assist you, whether it's preparing materials in an alternate format, booking an accessible meeting room or other arrangement.
Your individuality is welcome here.
About Us
We're a financial cooperative that does things differently. We provide time-tested advice that helps our members feel optimistic about their future, and we offer comprehensive banking solutions that enable people to confidently reach their goals. With the financial strength and extended branch network of a large financial institution, we maintain local connections to our communities and take a unique grassroots approach to service. Our more than 250,000 members and approximately 1,250 employees operate from 45 branches throughout the province of BC, under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union.
Please know we appreciate your interest in us but only candidates selected for an interview will be contacted.

Skills Required