AML Senior Analyst

General Accountabilities

• Actively pursue effective and efficient operations while ensuring the adequacy, adherence, and effectiveness of daily business controls to meet obligations related to operational risk, regulatory compliance, Anti-Money Laundering / Counter Terrorist Financing (AML/CTF), and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, Global AML/CTF Manual, and Guidelines for Business Conduct.
• Investigate and analyze transactions and identify unusual patterns of international payment activity and/or trade finance activity, applying expert knowledge to assess operational risk and AML exposure.
• Assist in ensuring the Bank meets its AML regulatory obligations to detect and report suspicious activity.
• Prepare risk assessment reports and/or spreadsheets for management review, describing suspicious AML typologies, scope of investigation, risk assessment, and recommended corrective actions.
• Perform thorough analyses to support sound, accurate, and consistent risk-based decisions aligned with assigned case risk ratings.
• Develop and maintain a strong knowledge and understanding of the Bank’s AML/CTF policies and procedures, money laundering and terrorist financing regulations, industry best practices, criminal typologies, and emerging trends.
• Assist in mitigating financial and reputational risk to the Bank.
• Support business line colleagues and respond promptly to requests and concerns from partners and stakeholders (including Security & Investigations and Shared Services) in the assessment and resolution of cases initiated by these groups, or other assigned tasks.
• Maintain expected productivity and quality standards, as defined by performance metrics.
• Prepare written risk assessment reports and case memorandums for executive and/or testing audits (internal and/or external), including remediation recommendations.
• Understand how the Bank’s risk appetite and risk culture should be considered in daily activities and decision-making.
• Stay current on existing and emerging trends, typologies, and regulatory changes by participating in AML training sessions and accessing industry resources.
• Contribute to the development and/or identification of AML typologies based on significant cases.
• Ensure that all alert dispositions are completed within established timelines.
• Actively identify opportunities for process, technology, and systems improvements, and participate in implementation initiatives as required.
• Perform quality control reviews of case adjudication and preparation, ensuring all relevant and supporting documentation is properly included in the case management system.