AML-ATF & Fraud Support Agent

at  Financeit

WHO WE ARE:

Financeit is a point-of-sale financing provider serving some of the largest home improvement and retail organizations in Canada.
Our platform helps businesses close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.
We are small enough that you can make an impact within the company and large enough to make an impact in the market.
Financeit is a company where collaboration, inclusivity, fairness, and respect aren’t just ideas that get talked about, but are part of who we are. If such a workplace intrigues you, we hope you’ll join us.

REQUIREMENTS

• Minimum 2 years of related experience.
• Demonstrated ability to leverage experience and use good judgment in surfacing issues to Manager and/or Management.
• Highly organized and able to prioritize and handle a variety of tasks with a high level of autonomy.
• Proficiency in software productivity tools such as Microsoft Office, Google Workspace and Looker.
• Bilingualism is considered an asset.
• Strong analytical skills and attention-to-detail.
• CAMS, ACFCS and/or CFE certification are considered asset(s).

ABOUT THE ROLE:

We are looking for a self-motivated and energetic AML-ATF & Fraud Support Agent to join our Risk Management Department. The primary responsibilities of this role are supporting Financeit’s Anti-Money Laundering & Anti-Terrorist Financing AML/ATF) Program with the goal to mitigate money laundering and terrorist financing risks, and to ensure compliance with relevant Canadian AML-ATF legislation. This role is also responsible for contributing to fraud detection and mitigation activities in order to prevent and minimize losses from fraudulent activity.

WHAT YOU’LL DO:

• Investigate unusual and/or suspicious transaction reports and report them to FINTRAC when applicable.
• Review, risk-assess and make determinations on alerts for politically exposed person(s) (“PEP”), sanctions, and adverse news.
• Conduct ongoing monitoring of clients deemed as high risk based upon money laundering or terrorist-financing indicators.
• Monitor client activity to determine potential suspicious activity and identify patterns and trends consistent with money laundering and terrorist financing risks.
• Conduct regular audits on consumer loans to ensure compliance with internal policies and procedures, as well as regulatory compliance, which includes but is not limited to AML-ATF compliance.
• Assist with the regular management reporting on AML activities and underwriting compliance audits.
• Review and resolve fraud alerts within required service level agreements.
• Evaluate potential fraudulent activity on accounts to assess the level of risk and take suitable actions.
• Monitor and escalate emerging fraud trends to Management.
• Communicate with other departments to address and resolve AML-ATF or fraud related inquiries.
• Complete other duties as may be assigned, including, but not limited to, acting as back-up to colleagues.