BMO Financial Group Watchlist Adjudicator, WLM & Wires in Ontario, Canada
The AML Adjudicator is accountable to follow approved, documented processes and protocols to analyze information and adjudicate system or manually generated alerts, identifying names/entities that appear to relate to sanctions avoidance, money laundering or terrorist financing and escalating these items for further investigation or reporting to the appropriate government agency as required by anti-money laundering regulations and by the Criminal Code of Canada. Typically the Adjudicator will commence work in the Watchlist Management group within AML and progress to the Transaction Monitoring Group.
Business Delivery & Operational Effectiveness(75%)
- Analyze information related to system or manually generated alerts to match persons and entities ensuring we are compliant with PCMLTFA,UNST,B-8 Guidelines, and escalating as appropriate for further investigation or reporting in accordance with defined processes and legislation.
Client & Relationship Management(5%)
- Contribute to problem and event management efforts as required, working with team members to ensure resolution is completed as quickly and efficiently as possible.
Risk Management and Control(10%)
Support the fulfillment of necessary reporting requirements by ensuring accurate documentation, timely disposition and provision of critical information assessment as required.
Provide detailed, effective input to MIS, for analysis and reporting on information from assigned systems for the purpose of analyzing and detecting name matches/irrational or unusual activity.
Support effective utilization of AML systems, tools and reports to detect and manage AML by participating in ongoing training to develop and maintain knowledge, skills and capability.
Change & Innovation(5%)
- Ensure processes remain effective by providing feedback/recommendations to the Supervisor, for process/system changes based on ongoing successes and failures.
1–2 years bank/AML adjudication experience
Working knowledge of applicable Bank systems and Microsoft Office Suite
Analytical Thinking (Basic)
Problem solving (Working)
Organizational Understanding (Working)
Risk Management (Basic)
At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.
To find out more visit our website at www.bmo.com/careers .
BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives.
We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.