Analyst, Anti-Money Laundering

Your career is an investment that grows over time!

Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3 million users who trust us with more than $50 billion in assets.

Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.

Are you interested in learning about Canada’s regulatory environment and financial crimes - then this is the role for you! The Anti-Money (AML) Laundering Operations team is responsible for the detection, response and elimination of inherent and residual money laundering and terrorist financing risks at Wealthsimple.

In this role you will learn/understand:

• The different types of money laundering and terrorist financing risks faced by Wealthsimple and what a risk-based approach means

• Wealthsimple’s regulatory obligations, policies and procedures to combat money laundering and terrorist financing

• How AML Operations reduces risk to Wealthsimple

• The due diligence process and its related information sources

• The process for identifying and reporting suspicious client activity

In this role you'll have the opportunity to:

• Analyze and investigate alerts that are generated using standard policies, procedures and tools, aimed at meeting internal and external AML regulatory requirements.

• Alerts include, but are not limited to:

• Automated Transaction Monitoring

• Cryptocurrency AML Ledger Screening

• Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Lists

• Enhanced Due Diligence Reviews (High Risk Clients, Politically Exposed Persons)

• Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover financial crime.

• Utilize internal systems and tools for obtaining information and documenting alert dispositions.

• Manage multiple alerts at a time and maintain Service Level Agreements within specified timeframes.

• Participate in calibration sessions with peers and relevant internal staff to identify financial crime trends.

We're looking for someone who has:

• 1+ years of experience in financial technology or a technology-driven financial services firm

• Experience in AML/CTF programs is a bonus

• A high level of precision and attention to detail, ensuring accuracy and thoroughness in reviews

• Resourceful, persistent and able to thrive in a fast paced environment

• Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment 

• Ability to adapt to changing priorities and requirements, and stay up-to-date with changing regulations and industry standards  

• Ability to analyze datasets and identify anomalies and patterns 

• Ability to take ownership with a proactive, not reactive, approach

• Great communication skills, both verbally and via written reports

• Passion about technology, and eager to learn about the AML industry

Why Wealthsimple?

🤑 Competitive salary

📈 Retirement savings matching plan using Wealthsimple Work

🌴 Generous PTO offerings

🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)

We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

Read our Culture Manual and learn more about how we work.

DEI Statement

At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 

Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.