Business Analyst (AML/Suspicious Transactions/FINTRAC)

Location: Toronto, Canada

Join a prestigious financial institution based in Toronto, Canada, known for its commitment to excellence and innovation in financial services. We are seeking a highly skilled Business Analyst with expertise in AML (Anti-Money Laundering), Suspicious Transactions, and FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) to join our dynamic team.

I need someone who is confident when it comes to SQL and querying data.

As a Business Analyst, you will be instrumental in ensuring our compliance with AML regulations and enhancing our suspicious transaction monitoring processes. You will work closely with various stakeholders to analyze business requirements, develop solutions, and implement best practices. A strong technical background and experience in a tech-driven environment are highly desirable.

Key Responsibilities:

• Collaborate with business stakeholders to gather and document requirements related to AML, suspicious transactions, and FINTRAC compliance.
• Confident in SQL.
• Analyze and map business processes to identify areas for improvement and ensure compliance with regulatory standards.
• Develop and maintain detailed business and functional requirements.
• Work closely with technical teams to ensure requirements are understood and implemented correctly.
• Utilize data analysis tools and techniques to monitor and report on suspicious transactions.
• Provide insights and recommendations based on data analysis to enhance AML processes.
• Ensure compliance with FINTRAC regulations and standards.
• Communicate effectively with stakeholders at all levels of the organization.

Qualifications:

• Proven experience in AML, suspicious transaction monitoring, and FINTRAC compliance.
• Excellent communication skills, both written and verbal.
• Experience working in a technology-driven environment.
• Strong analytical and problem-solving skills.
• Technical understanding and experience with data analysis tools.
• Ability to work independently and as part of a team.
• Bachelor’s degree in Business, Finance, Computer Science, or a related field.