Job Description

Description :

About this opportunity

At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

The successful candidate will be an AML/ATF professional who is seeking to advance their career through experience and a focus on self-driven personal development. The candidate will seek and recognize the ample opportunities to learn and develop as an AML/ATF professional. The candidate will thrive in a fast-paced environment, where they will be continuously challenged with new experiences and a demanding caseload. The candidate will build trust and rapport with business partners.

Key Responsibilities

Primary Functions

• Investigate and assess the risk of incidents identified by the credit union\'s money laundering detection programs, including automated transaction and ongoing monitoring systems, unusual activity reports, media articles, and production orders. Make appropriate file/no file decisions and prepare and submit suspicious transaction reports to FINTRAC as necessary. Devise enhanced risk management strategies for each incident as appropriate.
• Maintain proper records and audit trails of all investigative activities and dispositions for review by Quality Control and Management.
• Conduct ongoing monitoring of high-risk relationships, including PEPs and others as identified through the credit union\xe2\x80\x99s risk assessment systems and other processes.
• Engage line-of-business stakeholders to remediate \xe2\x80\x98know your client\xe2\x80\x99 and other compliance deficiencies.

Secondary Functions

• Manage and triage the AML Team\xe2\x80\x99s intake channels.
• Prepare and submit large cash transaction and electronic funds transfer reports.
• Conduct list-screening activities including PEP, sanctions, and negative media.
• Maintain a focus and provide continuous feedback relative to process improvements.

Knowledge, Experience and Skills

Knowledge

• Strong understanding of ML/TF typologies and risk factors, including a demonstrated appetite to keep up to date with emerging trends and risks is required.
• Strong understanding of financial products and services, operational policies, procedures, delivery systems, and risk management methodologies is required.
• Proficiency with MS Office suite (Word, Excel, PowerPoint) is required.
• Proficiency with SQL or other database management and reporting software is an asset.
• Experience working with an AML transaction monitoring/case management system/software is an asset.
• Working-level understanding and/or awareness of FINTRAC\xe2\x80\x99s Guidelines, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations, OSFI\xe2\x80\x99s Guideline B-8, the Criminal Code of Canada, and the personal Information Protection and Electronic Documents Act are an asset

Experience:

• 2+ years of experience working in financial crime-related investigations.

Education:

• CAMS, CFE, CFCS or other relevant designations are an asset.
• Relevant Post-Secondary education or equivalent experience is an asset.

Problem Solving Skills:

• Ability to multitask and judge multiple priorities in a fast-paced environment.
• Ability to apply knowledge and experience to find novel solutions to unique challenges.
• Ability to demonstrate well-reasoned judgment and critical thinking skills in unfamiliar situations.
• Ability to coach business partners through AML/ATF-related challenges and influence outcomes.

Communication Skills:

• Complete fluency in spoken and written English.
• Requires tact and diplomacy to respond to inquiries from our internal partners, external partners (regulators and other government agencies, law enforcement, etc.), internal auditors, and Members.
• The ability to clearly articulate observations/recommendations in an organized and understandable format, tailored for the target audience.
• The ability to prepare, write, and submit prescribed reports to FINTRAC.
• The ability to prepare concise reports including detailed recommendations, for distribution within the team.

Office Location: 3330 Bloor Street West, Toronto

Meridian has a remote work policy that allows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.

What\'s in it for you?

• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We provide you with the tools and technology needed to delight your candidates and clients!
• You\'ll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the world
• Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues
• This isn\'t your typical "corporate" job. We work hard and we have fun!

Who we are:

Meridian is Ontario\xe2\x80\x99s largest credit union, and second largest in Canada, helping to grow the lives of our more than 360,000 Members. Meridian has more than 75 years of banking history and is 100% owned by its members. With 89 retail branches and 15 Business Banking Centers across Ontario and $ 30B in assets under management, Meridian offers a full range of financial products and services to its retail, business banking and wealth members. With over 2000 employees and corporate offices located in Toronto and St. Catharines, Meridian has a track record of creating and delivering innovative new offerings and is committed to investing in the communities that we serve. Our plan is to build on our momentum as we deliver on our purpose - helping our members achieve their best life.

Find our story here:

Experience the Difference!

Meridian committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.

Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

Thank you for your interest in Meridian Credit Union.

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Meridian Credit Union