Job Title:

KYC Analyst

Location:

Toronto, Ontario

The Client:

Our client is a well-established financial institution with a growing presence in the Canadian market. Known for its commitment to regulatory integrity and operational excellence, the organization is seeking a detail-oriented and proactive KYC Analyst to join its AML Compliance team. This is an excellent opportunity to work in a collaborative, high-performance environment focused on maintaining the highest standards of compliance.

What You Will Achieve in This Role:

As a KYC Analyst, you will play a pivotal role in ensuring the institution's compliance with KYC and AML regulations. You will support onboarding, perform periodic and trigger-based customer reviews, and maintain accurate customer records in internal systems. Your work will directly support risk mitigation efforts and regulatory adherence, while also enabling strong internal communication between compliance and business units.

You will:

• Execute accurate onboarding and KYC reviews for new and existing customers.
• Monitor, assess, and update customer profiles based on risk level and changes in circumstances.
• Review and resolve sanctions and AML alerts.
• Collaborate with front office and compliance teams to ensure documentation accuracy and completeness.
• Contribute to compliance reporting, training, and operational excellence.

Key Responsibilities:

KYC & AML Compliance

• Conduct onboarding, periodic, and trigger-based KYC reviews.
• Perform due diligence and enhanced due diligence tasks in line with regulatory standards.
• Review and input customer data in the KYC/Customer Information File (CIF) system.
• Screen customer names and affiliated parties for adverse media, sanctions, and PEP exposure.
• Maintain ongoing customer information updates and monitor for documentation accuracy.
• Adjudicate alerts related to sanctions screening and AML transaction monitoring.
• Support internal approval processes for onboarding and ongoing customer due diligence.
• Escalate issues and assist with remediation planning when required.

File & Document Management

• Ensure all KYC files are correctly structured and stored in accordance with internal policies.
• Evaluate the adequacy of corporate documentation to meet compliance requirements.
• Assist with centralized document management and support compliance with record retention standards.

Customer Service & Internal Coordination

• Liaise with internal teams to follow up on outstanding documentation.
• Provide prompt and professional responses to inquiries related to KYC/AML.

Training & Development

• Support knowledge sharing and cross-training within the compliance function.
• Assist with onboarding and development of junior team members.
• Identify and communicate training needs to management.

Reporting & Metrics

• Contribute to internal reporting and data analysis related to KYC and compliance performance.
• Assist with preparation and distribution of team metrics and reports.

What You Must Bring to This Role:

• Bachelor's degree required, preferably in business, economics, or a related discipline. A professional designation is an asset.
• Minimum 3 years of progressive experience in KYC, AML, or compliance roles, ideally in a financial institution or regulatory setting.
• Experience in commercial or corporate banking is preferred.
• Solid understanding of Canadian AML laws and FINTRAC guidance.
• Experience with KYC systems and document management tools.
• Familiarity with foreign bank branch operations is an asset.
• Analytical mindset with sound problem-solving capabilities.
• Self-starter with a collaborative, team-oriented approach.

Only those who are qualified will be contacted.