We are looking for Anti-Money Laundering AML Subject Matter Expert for our client in Toronto, ON
Job Title: Anti-Money Laundering AML Subject Matter Expert
Job Location: Toronto, ON
Job Type: Contract
Job Overview:
Pay Range: $75.00hr - $80.00hr
Requirement/Must Have:
- Bachelor s degree in Finance, Business, Law, or related field.
- 7+ years of experience in AML/compliance within capital markets or asset management.
- Proven experience working with ETF products or exchange-traded instruments.
- Strong knowledge of AML/CTF regulations (FINTRAC, FATF, global frameworks).
- Strong knowledge of KYC/CDD/EDD processes.
- Strong knowledge of trade surveillance and transaction monitoring systems.
- Experience in AML investigations and SAR/STR filing.
- 5 to 6 years hands-on experience in SQL with the ability to write complex queries and Stored procedures.
Responsibilities:
- Act as the AML SME for ETF products, ensuring alignment with global AML/CTF regulations.
- Perform Business Systems Analyst (BSA) functions within the AML Domain.
- Provide expertise on Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) processes specific to ETFs and institutional clients.
- Support AML risk assessments related to fund flows, trading activity, and investor structures.
- Identify and escalate suspicious transactions, patterns, and red flags in ETF trading and subscriptions/redemptions.
- Collaborate with Compliance, Legal, and Risk teams to ensure adherence to AML policies and regulatory requirements.
- Analyze ETF transaction flows and liquidity patterns to detect potential AML risks.
- Support onboarding and monitoring of institutional clients, brokers, and intermediaries involved in ETFs.
- Lead or support transaction monitoring and alert investigations related to ETF activities.
- Develop and refine AML scenarios, rules, and typologies relevant to capital markets and ETFs.
- Conduct complex investigations and prepare Suspicious Activity Reports (SARs/STRs).
- Engage with technology teams to enhance AML systems and surveillance tools.
- Work with front-office, middle-office, and operations teams to improve AML controls.
- Provide guidance and training to teams on AML practices specific to ETFs.
- Support regulatory exams, audits, and compliance reviews.
- Maintain up-to-date knowledge of AML regulations, ETF regulatory landscape, and emerging risks.
- Assist in developing and updating AML policies, procedures, and controls.
Nice to Have:
- Professional certifications such as CAMS, CFA, or equivalent.
- Hands-on experience with AML tools such as Actimize, Fircosoft, or SAS AML.
- Understanding of market abuse, insider trading, and financial crime risks in ETFs.
Skills:
- AML / Anti-Money Laundering.
- AML Business Systems Analyst (BSA).
- Capital Markets / Asset Management.
- ETF (Exchange-Traded Funds).
- KYC / CDD / EDD.
- Transaction Monitoring & AML Investigations.
- AML/CTF Regulatory Compliance.
- SQL & Stored Procedure.
- AML Tools Actimize.
- SAS AML.
- Strong analytical and problem-solving skills.
- Excellent communication and presentation skills.
- Ability to communicate effectively with stakeholders.
Qualification And Education:
- AML regulatory expertise.
- Capital markets & ETF domain knowledge.
- Risk assessment & investigation.
- Data analysis & monitoring.
- Stakeholder collaboration.
- Process improvement mindset.
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Benefits
Our Benefits Include:
- Medical, Dental, and Vision Insurance
- 401(k) Retirement Plan
- Health Savings Account (HSA)
- Disability Insurance (Short-Term and Long-Term)
- Life and AD&D Insurance
- Paid Sick Leave (where required by applicable state or local law)
- Supplemental Insurance Plans
- Identity Theft Protection
- Pet Insurance
- Employee Wellness Programs
- Employee Assistance Program (EAP)
- Career Growth and Professional Development Opportunities
Disclaimer: Benefits eligibility, accrual rates, and usage limits may vary based on employment status, length of service, and work location. Paid Sick Leave is provided in strict accordance with applicable state and municipal mandates. Cynet Systems Inc. reserves the right to modify, amend, or terminate any benefit plans at any time in accordance with applicable laws.
About Cynet Systems
Founded in 2010 and headquartered in the Washington, DC metro area, Cynet Systems Inc. is a leading technology staffing and workforce solutions company serving Fortune 500 companies, government agencies, and enterprise organizations across the United States and Canada. We deliver agile, scalable talent solutions across IT, engineering, life sciences, clinical, and professional staffing, powered by a high-performing recruitment engine operating across North America and Asia.
As a nationally and locally certified Minority Business Enterprise (MBE), Cynet Systems is committed to helping organizations build high-performing teams while empowering professionals to grow rewarding careers. Our organization is certified to ISO 9001, ISO 14001, ISO 27001, and SOC 2 Type II standards, reflecting our commitment to quality, security, operational excellence, and customer success.
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