Investigator - Anti Money Laundering (AML) Case Investigations
About the position Responsibilities • Conducts investigations to identify, assess, decision and report on activity that indicates an exposure to financial crimes. • Ensures potential threats and investigations are evaluated, documented, managed and escalated by following standard operating procedures. • Provides subject matter expertise and oversight of criminal risk by following a disciplined and intelligence-based approach to detection and research of activities and events in alignment with criminal risk frameworks and standards to ensure compliance as well as support trending, analysis and insights generation. • Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs. • Provides advice and guidance to assigned business/group on implementation of solutions. • Helps determine business priorities and best sequence for execution of business/group strategy. • Conducts independent analysis and assessment to resolve strategic issues. • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. • Builds effective relationships with internal/external stakeholders (e.g. law enforcement agencies and other Financial Institutions to collaborate in investigations). • Ensures alignment between stakeholders. • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting. • Identifies business needs, provides content/develops tools and training programs; may include delivery of training to audiences. • Analyzes and assesses incidents or cases that may be complex and require knowledge on several different product lines. • Prepares reports, notifications and activity/case filings per guidelines and standards. • Supports the planning and implementation of programs designed to minimize risk exposures and maximize the efficiency and effectiveness of the analytical processes. • Provides input and develops recommendations for process and customer service improvements. • Stays abreast of financial crimes risk trends, relevant regulations and compliance standards. • Monitors and analyzes various information provided through detection systems, tools, reports, or manually to evaluate, investigate and determine required actions. • Supports the collection of evidence and information to be used for multiple purposes including incident reports/filings, loss prevention, litigation and criminal prosecution, management information and statistics, and process improvements. • Documents actions and information found throughout the investigation to develop and maintain account/case files. • Develops and maintains an understanding of the financial crime management processes, frameworks and techniques. • Gathers and formats data into regular and ad-hoc reports, and dashboards. • Analyzes data and information to provide insights and recommendations. • Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements. • Provides notification, information and instructions to internal/external stakeholders related to incidents as necessary. • Thinks creatively and proposes new solutions. • Exercises judgment to identify, diagnose, and solve problems within given rules. • Works mostly independently. • Broader work or accountabilities may be assigned as needed. Requirements • Typically, between 3-5 years of relevant experience and a post-secondary degree in related field of study or an equivalent combination of education and experience. • Specialized knowledge from education and/or business experience. • Verbal & written communication skills - In-depth. • Collaboration & team skills - In-depth. • Analytical and problem solving skills - In-depth. • Influence skills - In-depth. Nice-to-haves • Knowledge of risk and regulatory requirements as they apply to financial crimes is an asset. • Knowledge of banking products, services, processes, and organization is an asset. Benefits • BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Apply tot his job