Business Analyst (BA) AML/KYC

at  Realign LLC

JOB DESCRIPTION

Job Title: Business Analyst (BA) – AML/KYC
Location: Toronto, Ottawa, Ontario / Vancouver BC / Calgary AB / Montreal, Quebec (Fully Onsite, from day 1)

JOB SUMMARY:

Client is seeking a detail-oriented and analytical Business Analyst with expertise in Anti-Money Laundering (AML) and Know Your Customer (KYC) processes. The ideal candidate will play a critical role in ensuring compliance, enhancing processes, and aligning business strategies with regulatory standards in the financial domain.

REQUIRED SKILLS & QUALIFICATIONS:

Educational Background:

• Bachelor’s degree in Business Administration, Finance, Information Systems, or a related field.

Experience:

• 3 to 6 years of experience as a Business Analyst, preferably in the financial services domain.
• Proven expertise in AML/KYC regulations, tools, and processes.

Technical Skills:

• Hands-on experience with AML/KYC software (e.g., Actimize, SAS, LexisNexis).
• Proficiency in MS Office Suite, Visio, and reporting tools like Tableau or Power BI.

Soft Skills:

• Excellent communication, analytical, and problem-solving abilities.
• Strong stakeholder management and interpersonal skills.

Regulatory Knowledge:

• Familiarity with international AML/KYC standards and regulations (e.g., FATF, USA PATRIOT Act, EU Directives).

PREFERRED QUALIFICATIONS:

• Industry certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CKYCA (Certified KYC Analyst).
• Experience in automation and integration of AML/KYC systems and workflows.
• Knowledge of SQL or other data analytics tools for compliance monitoring and reporting.

REQUIRED SKILLS

Data Analys

Business Analysis & Documentation:

• Collaborate with stakeholders to gather and analyze business requirements related to AML/KYC processes.
• Document detailed workflows, functional specifications, and business requirements to drive system and process enhancements.

Compliance & Regulatory Alignment:

• Ensure that business processes adhere to AML/KYC regulations and industry standards, such as FATF and FinCEN.
• Work with compliance teams to identify and mitigate potential AML/KYC risks.

Process Improvement:

• Evaluate current AML/KYC workflows and recommend enhancements for greater efficiency and effectiveness.
• Streamline data collection, monitoring, and reporting processes to ensure timely regulatory compliance.

Stakeholder Collaboration:

• Liaise with cross-functional teams, including Compliance, IT, and Operations, to implement AML/KYC solutions.
• Serve as the bridge between technical teams and business units to facilitate effective communication and solution delivery.

Reporting & Insights:

• Develop and present regular reports on AML/KYC risk assessments, identified gaps, and mitigation strategies.
• Provide actionable recommendations and insights to senior management for informed decision-making.

Technology Support:

• Assist in the integration, implementation, and maintenance of AML/KYC tools and platforms.
• Conduct testing and validation of new systems and upgrades to ensure functionality and compliance.