Vacancy Status: This is an existing position
Target Salary Range: $56,760- $70,000
The compensation for this position is determined by a combination of skills, experience and is aligned to the market in which the job is posted. Your recruiter will provide additional details about our total rewards package during the hiring process.

Scope of Position
The AML/ATF Officer will be responsible for the daily transaction review and analysis as relates to Money Laundering and Terrorist Financing. The Officer will work closely with all relevant parties to obtain and share information and be a support and SME as required. They will complete all FINTRAC transaction reporting, analysis and execute the risk based ongoing monitoring and control testing plan. They will provide daily support to Alterna to maintain and enhance the effectiveness of compliance.

Major Responsibilities
Complete all FINTRAC transaction reporting
Manage records of Large Cash Transaction Form submissions and Large Wire Transfer submissions from branches
Review / Secondary Review of transaction reports
Complete FINTRAC reports
Ensure internal tracking reports are completed on time and accurately
Submit the reports after the secondary review is completed

Transaction Analysis, Investigation, Reporting
Transaction reports as they are produced.
Reportable transactionssubmittedby branch and clearing ops
Recent account reports as they are produced.
Investigate AML/ATF and Watchlist alerts generated byVerafin
Investigate all items deemed suspicious from analysis as well as those referred directly by other Alterna employees.
Liaise with other departments asrequiredto perform independent investigation.
Apply AML/ATF transaction analysis principles
All investigations follow a documented approach through the case management process onVerafin.

Completeall FINTRAC reports
Review Alerts generated byVerafin, create a case and investigate all itemsdeemedsuspicious




Daily Transactionalanalysis toreviewand assessHigh,Mediumand Low risk clients
ReviewKYC documents at account openingstage
Liaiseand supportother departments asrequiredand perform independent research
Review PEDPs, PEFDs, HIO
Review regulatory transaction reports to ensure required documentations are compiled and saved
Draft Casereports for Team Lead’s review
Submit theSuspicious Transaction Reports afterfull investigationforsecondaryreview

Provide daily support to AlternaCredit Union and Bank
Respond to queriesreceived by phone or email
Support team leaders, branch managers, andcallcentreon AML compliance issues

Execute the risk based ongoing monitoring strategy
Complete documented comprehensive member/customer/product/business process analysis
Report reviewand analysis
Documentation review/updateand process
Process review
Detailed sample review
Complete report

Qualifications
Education / Certifications / Experience
Post-Secondary education in a related field (business, law, economics, criminology) or equivalent experience
1-3 years of AML experience or similar role
1-3 years of banking industry experience
Successful completion of the Certified Anti-money Laundering Specialist examor similar certification, an asset
Knowledge or Completion of banking/investment industry courses,an asset.
Knowledge or Completion of Audit related courses/certifications,an asset
Knowledge or Completion of Risk management related courses/certifications,an asset
Leadership experience considered and asset

Knowledge / Skills
Demonstrates strong critical thinking skills to analyze information, evaluate options, and make sound decisions





Experience and knowledge with Alterna processes and controlsis an asset
General working knowledge and understanding of all regulations affecting the Credit Union and Bank.
Good Knowledge in AML/ATF
CAMS certified considered an asset

About Alterna Savings
Alterna Savings and Credit Union Limited (Alterna) has delivered The Good in Banking ® for over 115 years creating financial services that transform lives for the better, all while giving back to our community. Alterna is made up of Alterna Savings and Credit Union Limited and its wholly owned subsidiary, Alterna Bank.

Alterna is the first full-service, member-owned cooperative financial institution outside Quebec, sharing its expertise with over 210,000 members through a network comprised of 40 branches across Ontario, a call centre and multiple digital channels. Members and customers also benefit from an industry-leading online brokerage and investment management services.

We are incredibly proud of our corporate culture, embodying our core values: Collaboration, Integrity, and Respect, where everyone works together towards a common goal; the financial wellbeing of our employees, members, and customers. This commitment has earned us several prestigious employer awards, including the National Capital Region's Top Employers award for nine consecutive years.

We appreciate all applicants; however, preference will be given to candidates who most closely meet the qualifications, key skills, and competencies outlined above.

Alterna is compliant with the Ontarians with Disabilities Act and our team strives to provide an accessible accommodation experience. If you have a disability and require accommodations during the recruitment process, please contact our Recruitment Team and let us know how we can accommodate you.

Alterna does not currently use Artificial Intelligence (AI) to screen, assess, or select applicants

#J-18808-Ljbffr

📌 AML/ATF Officer (Ontario)
🏢 Alterna
📍 Ontario