Analyst, MLTF Risk Management

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 3,000 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.

The role sits within Laurentian Bank.

One of the key elements of the mission of the Financial Crime sector and RPCFAT is to carry out transactional surveillance and conduct independent surveys in order to protect the assets, the reputation of the Bank, and ensure compliance with regulatory requirements related to the recycling of proceeds of crime and the financing of terrorist activities.

The Financial Crime Sector and RPCFAT performs an analysis of the possible risks and sources of vulnerability in terms of RPCFAT 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.
• Perform in-depth customer analysis on demand from various industries and make recommendations to build a relationship.

If necessary, he recommends mitigation measures that can go as far as the end of the business relationship.

• Collect and analyze 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.
• Prepare suspicious transaction reports to be sent to FINTRAC.
• Manage 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.).
• Contribute to the drafting of procedures for the department.
• Provide support and advise branches and various sectors of the Bank.
• Prepare and document files and write investigation reports.
• Maintain up-to-date knowledge of the legislation, the Bank's policies, programs, and procedures and is on the lookout for market trends.
• Perform 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 LRPCFAT, audit, or management team of risk.
• Oral and written bilingualism* (French and English).
• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

Specific criteria:

• 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.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees.

Plus, as an extra perk, you also get a paid day off to celebrate your birthday.

• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products.

Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas, and many more.

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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