Junior Compliance AML Analyst

The Junior Compliance AML Analyst is an entry-level position responsible for participating in Anti-Money Laundering (“AML”) monitoring, oversight and regulatory reporting activities. The overall objective of this role is to support the efforts of maintaining core components of the AML/ATF Compliance program function.

Responsibilities :

• Create, maintain, and archive AML department documentation;
• Assist AML Compliance with daily administrative functions related to AML program requirements;
• Complete the “1st Line” AML department screening duties, including watch list, Sanctions, PEP and adverse media reviews;
• Complete the “1st Line” AML department investigation duties, including transaction monitoring initial triage reviews from various sources of escalation or detection (internal, external and system-produced);
• Oversight and supervision of first line department (customer success) as it relates to KYC and AML responsibilities;
• Liaise with internal departments to obtain statistical data to maintain and update AML Compliance trackers and databases on a regular basis;
• Assist with monthly metrics reporting as required, or supports ad-hoc projects;
• Assist with managing and organizing files, both electronic and hard versions;
• Complete ad-hoc projects or miscellaneous duties as required; and
• Develop awareness and knowledge of regulatory compliance requirements, developments and industry “best practices” through review of publications, participation in industry associations, employee development initiatives, etc.

Key Performance Indicators :

• Complete tasks related to the day to day operations of the Department and proper maintenance of detailed work records and ability to reconcile metrics as required by the CCO/Senior Manager within the given timeline;
• Screen the customer base, with appropriate closure/escalation decisioning of Sanctions screenings and matches;
• Escalate unusual activity as soon as detected and complete preliminary investigations within department time limits with appropriate closure/escalation decisioning;
• Ensure that daily/weekly work is completed in accordance with defined procedures, while using judgment to ask questions on areas the procedures do not cover;
• Complete work-products and ad-hoc requests that support the development and improvement of the department within agreed-upon timeframes; and
• Develop an understanding of AML/KYC requirements and implications.

Qualification / Education :

• Degree/ Diploma or equivalent preferred;
• 1+ years of relevant experience in financial services preferred;
• Experience performing data collection, research, analysis and administration;
• Introductory knowledge of Canadian anti-money laundering and terrorist financing concepts, laws and regulations;
• Strong attention to detail and accuracy;
• Strong verbal/written communication and organizational skills;
• Strong research and analytical skills;
• High level of enthusiasm and desire to learn and progress in skills; and
• Solid time management, interpersonal and team interaction skills.

About Coinsquare
Coinsquare is Canada’s leading and most secure digital asset trading platform for trading Bitcoin, Ethereum, Litecoin and other digital currencies.

We built the most secure trading platform, and since our founding in 2014 we’ve never lost a coin. We’re FINTRAC regulated as a money services business, meaning we keep all our clients' money in Canada and use bank-level security measures on our platform.

We’ve raised over $60M to date, growing from one employee in February 2017 to over 100 employees by January of 2019. We’ve been featured in major media outlets across Canada and are always dedicated to bringing digital asset investing to the mainstream through our various operations like digital currency mining, funds, capital markets, and other offerings coming down the pipeline as we grow.