Compliance Analyst

Purpose of Position

The Compliance Analyst will have the responsibility for:

• Continuously reviewing the characteristics of transactions for the companies’ regulated and/or supervised entities and filing the relevant reports when warranted. These include, but are not limited to, remittance, cambio, digital wallet and coin exchange transactions. 
• Maintaining an effective system of filing and storing compliance-related documents.
• Assisting in the monitoring of the GraceKennedy Money Services (GKMS) Group of Companies network to ensure compliance with operating guidelines, internal policies and procedures.
• Ensuring the safekeeping and confidentiality of compliance matters for GKMS Group of Companies.

Key Responsibilities

Key Responsibilities

• Perform transaction monitoring and investigations to identify suspicious or unusual activity and report accordingly.
• Conduct customer due diligence and enhanced due diligence for new and existing clients.
• Complete Threshold Transaction Reports (TTR), Suspicious Activity Reports (SAR), and other reports for filing with the designated authority.
• Monitors transactions and customer activity for compliance with relevant business rules, and regulatory and internal thresholds.
• Monitors customers’ records for accuracy and completeness and reports accordingly.
• Monitor adherence to internal policies, procedures and regulatory requirements.
• Generates agreed standard reports for Management review.
• Maintains relevant compliance records for the required regulatory period.
• Support internal audits, external and regulatory audits.
• Be knowledgeable about the regulatory know-your-customer, customer due diligence, reporting, and record-keeping requirements for the products/services provided by GKMS Group of Companies.
• Maintains established department and company performance standards.
• Provide support to the Senior Compliance Officer in ensuring that GKMS is aware of and has implemented new legislation and regulations.
• Assist with regulatory reporting obligations and respond to requests from regulators and other designated authorities
• Remain current with all applicable AML/CFT laws and regulations changes.
• Contribute to ongoing process improvements and operational efficiency within the compliance function. 

Required Qualification, Experience, Knowledge

Required Qualification, Experience, Knowledge

• Bachelor’s degree in a business-related field or an alternate combination of education and experience.
• At least three (3) years of working experience in a similar capacity
• Experience in monitoring a compliance program or working in a regulatory environment
• Solid analytical skills and great attention to detail
• Working knowledge of AML/CFT/CPF regulations and best practices
• High level of personal initiative, integrity and organizational skills.
• Keen sense of confidentiality and objectivity.
• Supervisory or Management Training (an asset but not mandatory).
• Highly developed communication skills and the ability to work effectively independently and with others.
• Decision-making and problem-solving skills, with a good grasp of operational procedures, preferably in a financial environment.
• Quick to learn and adapt when faced with new challenges or tasks, with an ability to swiftly understand key concepts.
• Strong database management skills.
• Strong organizational and time management skills with the ability to manage multiple priorities and meet deadlines
• Ability to adapt effectively to change.
• Proficiency in Microsoft Office Suite, particularly Excel, Word and PowerPoint  

GraceKennedy's Competencies

GraceKennedy embraces six key competencies that all employees, regardless of level, should master and demonstrate across the organization. These are:
•    Results Oriented
•    Digitally Savvy
•    Collaborative
•    Engaging & Inspiring
•    Diversity-Embracing
•    GK Values-Driven