Lead Analyst, AML Compliance

Lead Analyst, AML Compliance – Quebec, Canada

Do you have impeccable analytical skills, an eye for detail, and strong business acumen? Are you looking to join a global financial company that encourages and embraces an inclusive workplace? Join Western Union as a Lead Analyst, AML Compliance!

Western Union powers your pursuit

One of Western Union’s most valuable assets is its licenses. This position is primarily responsible for developing, executing and maintaining reports, projects and regulatory communication to ensure that Western Union and its licensed affiliates/subsidiaries remain properly licensed in relevant jurisdictions. This includes ability to read and understand regulations governing Money Services Businesses, end-to-end ownership of report preparation and analysis for maintaining money transmitter, check seller or any other business activity license including conferring with regulators as to the content and timing of certain reporting. As new licensing requirements emerge, either by changes in laws or products, this role is responsible for determination of requirements and execution of license applications or amendments. The timely and accurate execution of regulatory filings protects the company’s ability to continue to do business and protects the company from fines and/or adverse repercussions including license revocation or negative news reports. Specifically, this position has the overall responsibility for fulfillment and execution of Western Union’s licensing program.

Role Responsibilities

• Fulfillment and coordination of responses for Canadian licensing and/or registration and act as the company’s Respondent
• Maintaining the central repository of all materials provided in the scope of licensing and correspondence with regulators.
• Relationship management with regulators and business partners in order to accurately represent the company and timely meet regulatory requirements
• Ensuring uniformity in presentation of our regulated businesses to regulators.
• Independently review information provided by various subject matter experts to ensure documentation provided in regulatory reports is responsive and timely.
• This role requires the ability to interpret, understand, and apply relevant statutory and regulatory requirements in order to ensure appropriate compliance.
• Must be able to conduct legal research and understand applicability of laws to licenses.
• This role requires the ability to review and analysis financial and transactional reporting for responsiveness and accuracy.
• Collection, maintenance and provision to regulators of highly sensitive company and personal officer information.
• Coordination of provision of regulatory notices of company business information; changes or updates to enforcement actions.

Role Requirements

• Minimum five+ years of relevant experience in complex retail/consumer financial services/payment services organizations with multiple financial products, or a regulatory agency …