City : Montreal

Category : Full Time

Industry : Financial Services

Employer : Laurentian Bank

Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

Temporary position for 12 months.

One of the key elements of the mission of the Financial Crime sector and AMLTF is to carry out transactional surveillance and carry out independent surveys in order to protect the assets, the reputation of the Bank and ensure compliance with regulatory requirements related to recycling of proceeds of crime and the financing of terrorist activities. The Financial Crime Sector and AMLTF performs an analysis of the possible risks and sources of vulnerability in terms of AMLTF in order to apply the risk mitigation measures, if necessary.

Responsibilities

• Take note of alerts and transactional risk indicators, analyze the indicators, establish the similarities and differences between the elements obtained, make links, identify various elements that may influence interventions or advance files in their sphere of activity in order to identify questionable transactions related to money laundering and terrorist financing
• Performs in-depth customer analysis on demand from various industries and makes recommendations to build a relationship. If necessary, he recommends mitigation measures that can go as far as the end of the business relationship
• Collects and analyzes data obtained from customers, merchants, financial institutions and other corporate bodies in order to accumulate evidence relevant to the investigation while respecting regulatory deadlines
• Investigate or monitor, as warranted, a client's transactions to determine if they are related to the PCMLTF
• Prepares suspicious transaction reports to be sent to FINTRAC
• Manages the deadlines and updates of client profiles deemed to be at risk according to the risk mitigation standards published in the Policy on money laundering and terrorist activity financing (follow-up of files with network managers branch offices, updating profiles, etc.)
• Contributes to the drafting of procedures for the department
• Provides support and advises branches and various sectors of the Bank
• Prepares and documents files and writes investigation reports
• Maintains up-to-date knowledge of the legislation, the Bank's policies, programs and procedures and is on the lookout for market trends
• Performs all other related tasks

Qualifications

• University training in administration, accounting, finance, law or in a discipline relevant to the sector of activity in an appropriate field and 2 years of experience in a financial investigation or AMLTF, audit or management team of risk
• Practical knowledge of the criteria for evaluating transactions according to the criteria of the AMLTF law
• Experience in financial transaction analysis
• Writing and synthesis skills
• Oral and written bilingualism* (French and English)

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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