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Anti-Money Laundering (AML) Specialist in Toronto, ON

Anti-Money Laundering (AML) Specialist Job Description

The anti-money laundering (AML) specialist plays a vital role in safeguarding an organization, conducting investigations of potential money laundering or fraud and developing and implementing key anti-money laundering initiatives. This role is responsible for monitoring and analyzing financial transactions, identifying suspicious activity, and reporting potential threats to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

Typical anti-money laundering (aml) specialist duties:

Monitor customer accounts and transactions for suspicious activity patterns that may indicate money laundering or terrorist financing. Analyze transactions using AML software and internal watchlists to identify red flags. Investigate the nature and purpose of suspicious transactions, gathering necessary information and documentation. Implement and maintain effective AML policies and procedures within the organization.

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Salary for Anti-Money Laundering (AML) Specialist in Toronto, ON
67795 - 95435
Low
67795
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
83701
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
95435
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.