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You are here : Home Jobs Business SystemsAnalystFraud Aml Jobs In Toronto Canada Business Systems Analyst - Fraud AML Jobs in Toronto, CanadaYou are here : Home Jobs Business SystemsAnalystFraud Aml Jobs In Toronto CanadaBusiness Systems Analyst - Fraud AML Jobs in Toronto, Canada This role is accountable for developing and executing a comprehensive Fraud prevention, AML and controls strategy and overseeing the day-to-day fraud operations to mitigate and address fraudulent activities within digitalbankingplatforms. This role is also responsible for ensuringadherenceto all relevant internal and external anti-money laundering (AML), Bank Secrecy Act (BSA), and Office of ForeignAssetsControl (OFAC) regulations, guidelines, policies, and procedures for a payment facilitator. The role requires a keen eye for detail and a deep understanding of compliance and controls frameworks.This role will advise on regulatory matters and oversee governance of financial crime and controls. This position will track and interpret laws, regulations and guidelines for AML/ATF including sanctions affecting the credit unions and recommending practices and policy changes for implementation to facilitate compliance. This role collaborates closely with Operations, Product, payments, and technology teams to ensure fraud prevention on the PaaS platform, as well as tobuildautomationto scale the Fraud operations function. This role will influence and consult with a diverse group ofbusiness leadersand relevant corporate parties.RequirementsKEY RESPONSIBILITIES Responsible for establishing written policies and procedures regarding Anti-Money Laundering, Sanctions, and Anti-Bribery and Corruption in compliance with Canadian regulations and policies. Provide advice to all relevant internal parties on issues relation to AML, fraud and controls. Be responsible for introducing and offering training including maintaining e-learning training. Conduct regular self- assessmentsof the Fraud, AML and Controls program and work with parties to close or eliminate gaps. Ensure that client due diligence and enhanced due diligence processes are being followed during onboarding and periodic reviews. Oversee the day-to-day operations of AML and Bank Secrecy Act monitoring systems conducting thorough reviews of suspicious activity report referrals to the credit unions, oversee the monitoring of transactions, and promptly investigate any potential red flags oranomalies . Conduct regular risk assessments to identify potential compliance vulnerabilities and develop strategies to mitigate risks related to money laundering, terrorist financing, and sanctions violations. Prepare and submit timely and accurate reports both internally and to our credit union partners. Maintain effective internal controls related to compliance matters. Regularly review and update policies and procedures to reflect changes in regulations andindustrybest practices . Coordinate and support internal and external compliance audits and examinations. Collaborate with auditors and examiners to provide requested documentation and respond to inquiries. Stay up to date with the latest developments in Card Brand, AML, BSA, OFAC, and KYC regulations. Analyze how emerging trends may impact the company's compliance program and adapt policies accordingly. Additional duties as required.BenefitsWhy You'll Love Working at ProdigyWe are a collective group of people and collaboration is key to our processWe don’t work for our clients, we work with themA Flexible Hybrid Working EnvironmentEasilyaccessibledowntown location, connected to PATHCompetitive compensation commensurate with experienceEveryone brings something valuable to the table in our supportive, challenging, and collaborative, diverse work environment Original jobs : https://ca.mustakbil.com/jobs/job/1233637 Accept payments online Adherence Analyst Anomalies Assessment Automation Baby Food Banking Best Practices Brings Accept payments online Adherence Analyst Anomalies Assessment#J-18808-Ljbffr