AML Analyst

As one of Canada’s largest and fastest growing cryptocurrency trading platforms, NDAX has set the bar high for the country’s fintech industry and is constantly leading the way in terms of security and innovation. We’re on a mission to empower more Canadians to unlock the full potential of digital finance. To address the various needs in the Canadian cryptocurrency space, Ndax has assembled a multidisciplinary team with diverse backgrounds, including finance, technology, engineering, compliance, marketing, and more.

We're proud to have been recognized as one of Canada’s Best Workplaces by Great Place to Work®.

NDAX is seeking a detail-oriented and proactive Anti-Money Laundering (AML) Analyst to join our compliance team. In this role, you will be responsible for identifying, analyzing, and mitigating risks associated with financial crimes, including money laundering, terrorist financing, and fraud. This role involves conducting transaction monitoring, customer due diligence, investigations, and ensuring compliance with AML regulations. The analyst works closely with compliance, risk, and law enforcement teams to safeguard the organization from financial crime risks.

Key Responsibilities:

• Transaction Monitoring & Investigation:
• Monitor and analyze transactions for suspicious activities, potential money laundering, and financial crime risks.
• Conduct investigations into flagged accounts, transactions, and customer behaviors.
• Prepare Suspicious Transaction Reports (STRs) and escalate cases as needed.
• File Large Virtual Currency Transaction Reports (LVCTRs) and escalate cases as needed.
• Customer Due Diligence (CDD) & Know Your Customer (KYC):
• Perform risk-based customer due diligence, enhanced due diligence (EDD), and ongoing monitoring.
• Review AML, PEP, Sanctions and Adverse Media flags at the time of user onboarding and through an ongoing review.
• Assess and verify customer identities, business activities, and sources of funds.
• Review and update customer risk profiles based on transaction patterns and regulatory requirements.
• Regulatory Compliance & Reporting:
• Ensure compliance with AML regulations, including FINTRAC, and other applicable standards.
• Maintain accurate records and prepare reports for regulatory bodies and internal audits.
• Assist in audits, regulatory reviews, and compliance risk assessments.
• Policy Implementation & Risk Mitigation:
• Support the development and enhancement of AML policies, procedures, and internal controls.
• Identify emerging financial crime risks and recommend mitigation strategies.
• Work with compliance and risk teams to improve monitoring tools and processes.
• Training & Collaboration:
• Educate employees on AML regulations, fraud prevention, and financial crime detection.
• Collaborate with internal teams and law enforcement agencies in financial crime investigations.
• Stay updated on regulatory changes, industry best practices, and emerging money laundering risks.

Requirements

• Bachelor's degree in finance, law, business, or a related field.
• Experience in AML compliance, transaction monitoring, or financial crime investigations.
• Strong knowledge of AML regulations, KYC requirements, and financial crime risk management.
• Familiarity with AML software, transaction monitoring systems, and case management tools.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication and report-writing abilities.

Preferred Qualifications:

• Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CFCS (Certified Financial Crime Specialist).

• Experience in cryptocurrency compliance, fintech, or digital asset risk management.
• Knowledge of data analysis tools for financial crime detection.

Benefits

• Extended Healthcare Plan (Medical, Disability, Dental & Vision) 
• Paid Time Off 
• Training & Developpement Opportunities 
• Bonus – Awards – Gifts 
• Stock Option Plan