AML​/ATF Specialist

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.

Opportunity The AML/ATF Specialist position is classified as a Level II investigative role within a structured three-tier framework. The ideal candidate will be a seasoned AML/ATF professional with a strong track record in executing complex investigations and performing enhanced due diligence (EDD) for both new and existing high-risk Member relationships. Key responsibilities include managing investigations related to FINTRAC initiatives (e.g., human trafficking and ideologically motivated violent extremism), production orders, politically exposed persons (PEP), sanctions evasion, negative media, and high-risk monitoring.

Prior experience in conducting EDD investigations involving complex corporate or entity structures is highly desirable.

Responsibilities

• Case Work:
  • Complete EDD reviews of businesses and high-risk clients such as PEPs, collaborating with lines of business to understand complex ownership and control structures.
  • Analyze financial records/documents related to business accounts.
  • Adjudicate cases from all sources and prepare and submit Suspicious Transaction Reports (STR) as necessary.
  • Develop and execute risk assessment/scoring methods, processes, and risk mitigation activities relative to identified risks, including novel scenarios.
  • Demonstrate a comprehensive understanding of Know Your Member (KYM) profiles and apply this knowledge to assess and manage risk during case reviews.
  • Conduct thorough examinations of cases in relation to Listed Person or Entity Property Report (LPEPR), and take appropriate action when applicable (e.g., freezing accounts and filing LPEPRs in accordance with regulatory requirements).
  • Support other operational tasks as required.
• Program Support:
  • Provide subject matter expertise and consulting to internal stakeholders, including branch and Business Banking management.
  • Develop and deliver AML/ATF training to diverse audiences.
  • Support internal/external audit and Quality Control activities.
  • Provide guidance and support to team members in completing their assigned tasks.
  • Coach peers where opportunities exist and complete project work as assigned.

Knowledge, Skills, and Abilities

• Knowledge
  • Strong understanding of FINTRAC Guidelines, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and associated Regulations.
  • Working-level understanding of the Criminal Code of Canada provisions.
  • Working-level understanding of the Personal Information Protection and Electronic Documents Act (PIPEDA).
  • Expert-level understanding of money laundering/terrorist financing typologies and risk factors, with ability to stay current on trends.
  • Expert-level understanding of financial products and services, policies, procedures, delivery systems, and risk management methodologies.
  • Proficiency with MS Office (Word, Excel, PowerPoint).
  • Proficiency with SQL or other database management/reporting software is an asset.
  • Experience with an AML alert/case management system is an asset.
  • Experience working with artificial intelligence (AI) is an asset.
• Problem Solving Skills
  • Ability to operate independently within agreed parameters and contribute to their development.
  • Ability to multitask and manage multiple priorities in a fast-paced environment.
  • Ability to apply knowledge to find novel solutions to unique challenges.
  • Ability to demonstrate sound judgment and critical thinking in unfamiliar situations.
  • Ability to coach business partners through AML/ATF challenges and influence outcomes.
  • Ability to guide teammates on prioritization and problem solving.
• Time Management Skills
  • Ability to adapt to a rapidly changing environment.
  • Ability to balance workloads and prioritize by importance.
• Communication Skills
  • Professional level writing skills.
  • Ability to provide tactical guidance and direction to team members.
  • Tact and diplomacy for inquiries from internal/external partners and auditors.
  • Influencing skills to guide business partners through AML/ATF decision-making.
  • Ability to articulate observations/recommendations clearly for diverse audiences.
  • Ability to prepare prescribed FINTRAC reports and board-level communications.
  • Ability to present to large groups via various channels.

Education, Work Experience, and Professional Designations/Certifications

• Relevant post-secondary education or equivalent experience.
• 3-5 years of experience in AML/ATF compliance and/or investigations; or 3-5 years in financial services with 1-3 years in AML/ATF.
• Experience in criminal/regulatory/internal/administrative investigations outside AML/ATF is an asset.
• CAMs designation or working toward CAMS within 6 months of start date; or eligible to obtain.
• CFE or other relevant designations are assets.

Note This role represents an existing vacancy. Internal candidates are being considered as part of our standard process.

Salary…