Senior AML Specialist - Analysis

at  OLG

66,400.00 - 99,600.00 CAD

Job Description:
Senior AML Specialist - Analysis
GAME ON – OLG needs you
We’ve said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based gaming channels. Over the course of fiscal 2022-23, OLG delivered a record $2.5 billion in net profit to the Province of Ontario. OLG is now expanding our horizons even further, with a new strategic direction, to become a world class gaming entertainment leader with a globally admired digital platform.
We are ready to take this game to the next level and need a passionate Senior AML Specialist – Analysis to use multiple data sources to perform ongoing monitoring of business relationships to identify patron risks or trends and prepare Suspicious Transaction Reports (STRs) for submission to FINTRAC via the AML Reporting team.

Reporting to the Sr AML Intelligence Manager, you will be empowered to:

• Be an expert and remain current on all applicable AML laws and regulations.
• Collect, collate, analyze and evaluate information/intelligence from a range of sources to identify suspicious activity which may be an indicator of money laundering and terrorist financing activity at casinos in Ontario.
• Conduct ongoing monitoring and risk assessment of gaming clients.
• Design queries to probe data sources to provide insights into AML investigations.
• Support intelligence gathering and analysis by utilizing social media and other open-source platforms following current legal requirements and industry best practices.
• Prepare written Suspicious Transaction Reports as applicable for purposes of FINTRAC.
• Work with OLG Enterprise Strategy & Analytics group to identify and use data sources that are relevant to business relationship monitoring.
• Conduct operational, tactical and strategic analytical support relating to tools and procedures utilized within the OLG AML unit.
• Assist with the development and maintenance of systems to analyze data, identify trends, provide accurate reporting and proactive identification of suspicious activity and/or potential non-compliance with AML requirements.
• Provide advice to staff regarding suspicious transactions and compliance with AML obligations.
• Provide guidance to internal and external partners regarding questions specific to compliance with anti-money laundering procedures.
• Assist with the development and documentation of required policies, procedures, internal control manuals and analytical rules, as required.
• Diagnose gaps and identify opportunities for enhancement of the AML program.
• Contribute analyses to consolidated reporting for the Board of Directors (including Audit and Risk Management Committee of the Board), Executive Committee and Senior Management on areas of concern, including material non-compliance and remediation plans.
• Actively participate as a member of project teams when representing OLG’s AML Unit.