• 2500569
  At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.
  Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.

KNOWLEDGE OF

• Knowledge of key concepts, practices, and procedures of securities industry and/or banking compliance reviews;
• Familiar with rules and regulations of the PCMLTFA, FINTRAC Guidelines, and other AML-related regulations, rules, or guidance;
• Familiar with fundamental investment concepts, practices and procedures used in the securities industry;
• Understanding of principles of banking and finance and securities industry operations.

SKILL IN

• Administering anti-money laundering policies and procedures;
• Analyzing transactional activity and client behavior to identify suspicious transactions or AML risks.
• Developing and delivering technical training to others;
• Planning and scheduling work to meet regulatory organizational and regulatory requirements;
• Identifying and applying appropriate compliance monitoring procedures and tests;
• Making, parsing, and documenting risk-related decisions;
• Analyzing departmental processes to identify opportunities for efficiencies and exposures to risk.

EDUCATIONAL/PREVIOUS EXPERIENCE REQUIREMENTS

• Bachelor’s Degree from a four-year college or university in a related field; and
• 2 years of relevant experience.

HOW DOES THE ROLE IMPACT THE ORGANIZATION?

As part of the Anti-Money Laundering (“AML”) Financial Intelligence Unit (“FIU”), under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to monitor and investigate transactions for suspicious activity to ensure compliance with AML rules and regulations. Resolves or recommends solutions to complex problems. Extensive contact with internal customers is required to identify, research and resolve problems.

WHAT WILL YOUR ROLE BE RESPONSIBLE FOR?

• Investigate potentially suspicious activity generated through transaction monitoring cases;
• Serve as a subject matter expert for expected client behavior within various financial products in the retail brokerage and overall financial industry to identify patterns indicative of possible money laundering;
• Conduct appropriate due diligence related to the potential suspicious activity through the review of client background information, review of securities transactions, and fund movements as necessary;
• Draft and file Suspicious Transaction Reports (STRs)
• Administer policies and procedures to ensure compliance with regulations related to money laundering included in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA);
• Monitor regulatory and legal developments, as well as industry trends, to facilitate incorporation into the Firm’s AML program;