AML Transaction Monitoring Analyst

 Montreal - Canada, Canada       Permanent contract        Legal / Taxation / Compliance


The candidate will be responsible for reviewing alerts of potentially suspicious activity generated via the Bank’s automated transaction monitoring system; closes or escalates them to a case; and investigates cases to determine whether a SAR filing is warranted. 

Responsibilities will include:

  • Act as the first level reviewer in making initial alert  decisions as well as determining the specific information needed to manage the investigation
  • Manage a queue of alerts and cases ensuring timely follow up of requests and adherence to escalation procedures
  • Assist the TMG with analysis to optimize processes for improving monitoring
  • Assist other members of AML Compliance with ad hoc analysis and investigation requests
  • Perform analysis and duties pursuant to obligations under the USA PATRIOT Act (Sections 314(a) and 314(b) requests)
  • Conduct targeted account reviews on high risk correspondent banking clients and analyze from a holistic view of customers in terms of products, services, and underlying transactions as well as escalate potential issues
  • Prepare SAR Committee summary narratives, present cases to the SAR Committee
  • Review and analyze AML current trends and news in order to identify high risk areas, counterparties or keywords to incorporate into monitoring filters, rules, or profiles

All our positions are open to people with disabilities

Profile Required

  • Know and understand the laws applicable to money laundering, including the BSA, the USA PATRIOT Act, US Treasury AML guidelines, SARs, and other requirements Strong attention to detail
  • Possess strong analytical, organizational, and communication skills and be able to multi-task, adhering to specific quality and productivity guidelines
  • Strong research skills, advanced skills in the use of Microsoft Word, Excel, PowerPoint and experience with online research systems including web-based tools
  • Knowledge of multi-cultural situations and languages with the ability to apply them efficiently to the AML surveillance field
  • Prior AML Surveillance and/or Investigation experience preferred.

Why Join Us

Societe Generale is a global financial institution and one of the largest foreign corporate and investment banks. As such, it has a diverse population which fosters opportunity to collaborate with colleagues in different countries as well as access to international mobility. The firm recently unveiled its new brand platform “The Future is You” which not only demonstrates its commitment and responsibility to its clients, but also to its employees as their ideas and actions can make an impact on the direction of the organization. The Societe Generale U.S. Compliance Department is looking to hire individuals in Montreal as an extension of its U.S. team in the following divisions: Financial Crime Compliance, Digital Transformation Office, Testing, Monitoring & Risk Assessment and Capital Markets Surveillance. These individuals will be provided training by U.S. staff and will assist the team with day-to-day responsibilities on projects and deliverables for the Americas (U.S., Canada and Brazil) region.

Business Insight

The Transaction Monitoring Group (“TMG”), within Financial Crime Compliance, manages the rules and parameters used in the Bank’s and Broker Dealer’s automated transaction monitoring system, reviews alerts generated by the system, and conducts investigations for potential SAR filings.  TMG also conducts Targeted Account Reviews of certain foreign correspondent bank customers and provides targeted training to SGUS employees on AML industry developments and red flags.  TMG also files Suspicious Activity Reports (“SARs”) with the Financial Crimes Enforcement Network (“FinCEN”) when necessary, and is responsible for complying with Section 314 of the USA PATRIOT Act. 

Job code: 19000EB3
Starting date: Immediate
Date of publication: 16/08/2019
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AML Transaction Monitoring Analyst

Permanent contract   |   Montreal - Canada   |   Legal / Taxation / Compliance