Job Title: Anti-Money Laundering (AML) Subject Matter Expert with strong SQL
Location: Toronto, ON
Job description
- We are seeking an experienced Anti Money Laundering AML Subject Matter Expert SME with strong exposure to Exchange-Traded Funds (ETFs) and capital markets operations.
- The candidate will play a critical role in enhancing AML frameworks, ensuring regulatory compliance, and providing domain expertise across ETF products and related financial transactions
Key Responsibilities
- AML Compliance Expertise
- Act as the AML SME for ETF products, ensuring alignment with global AMLCTF regulations, e.g., FINTRAC, FATF, SEC, FCA
- Provide expertise on Know Your Customer KYC) and Customer Due Diligence CDD
- Enhanced Due Diligence EDD processes specific to ETFs and institutional clients
- Support AML risk assessments related to fund flows, trading activity, and investor structures
- Identify and escalate suspicious transaction patterns and red flags in ETF trading and subscriptionsredemptions
- Collaborate with Compliance, Legal, and Risk teams to ensure adherence to AML policies and regulatory requirements
ETF Domain Expertise
- Demonstrate deep understanding of ETF lifecycle, including creation/redemption processes, authorized participants APs and market makers
- Analyze ETF transaction flows and liquidity patterns to detect potential AML risks
- Support onboarding and monitoring of institutional clients, brokers, and intermediaries involved in ETFs
Monitoring Investigations
- Lead or support transaction monitoring and alert investigations related to ETF activities
- Develop and refine AML scenarios, rules, and typologies relevant to capital markets and ETFs
- Conduct complex investigations and prepare Suspicious Activity Reports SARsSTRs
Stakeholder Collaboration
- Engage with technology teams to enhance AML systems and surveillance tools
- Work with front office, middle office, and operations teams to improve AML controls
- Provide guidance and training to teams on AML practices specific to ETFs
Regulatory Audit Support
- Support regulatory exams, audits, and compliance reviews
- Maintain up-to-date knowledge of AML regulations, ETF regulatory landscape, and emerging risks
- Assist in developing and updating AML policies, procedures, and controls
Required Qualifications
- Bachelor's degree in Finance, Business Law, or related field
- 7 years of experience in AML compliance within capital markets or asset management
- Proven experience working with ETF products or exchange-traded instruments
Strong knowledge of
- AMLCTF regulations, FINTRAC, FATF global frameworks
- KYCCDDEDD processes
- Trade surveillance and transaction monitoring systems
- Experience in AML investigations and SARSTR filing
- Professional certifications preferred: CAMS, CFA, or equivalent
Preferred Skills
- Hands-on experience with AML tools, e.g., Actimize, Fircosoft, SAS AML
- Understanding of market abuse, insider trading, and financial crime risks in ETFs
- Strong analytical and problem-solving skills
- Ability to translate regulatory requirements into practical controls and system enhancements
- Excellent communication and stakeholder management skills
Key Competencies
- AML regulatory expertise
- Capital markets ETF domain knowledge
- Risk assessment investigation
- Data analysis monitoring
- Stakeholder collaboration
- Process improvement mindset.
