AML Analyst (12 month Fixed Term Contract)

Build something people love

Wealthsimple is Canada’s leading financial innovator. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves more than 4 million Canadians and holds over $155 billion in assets under administration. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada.

We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work.

About the team

We are hiring for 2 positions (1 yr fixed term contracts) within our AML Program on our Fiat and Crypto teams. The Anti-Money Laundering (AML) team is responsible for the detection, response, and mitigation of inherent and residual money laundering and terrorist financing risks.

In this role you will learn/understand:

• The different types of money laundering and terrorist financing risks faced by Wealthsimple and what a risk-based approach means
• Wealthsimple’s regulatory obligations, policies and procedures to combat money laundering and terrorist financing
• How AML Operations reduces risk to Wealthsimple
• The due diligence process and its related information sources
• The process for identifying and reporting suspicious client activity

In this role you will have the opportunity to:

Analyze and investigate alerts that are generated using standard policies, procedures and tools, aimed at meeting internal and external AML regulatory requirements.

Alerts include, but are not limited to:

• Automated Transaction Monitoring
• Cryptocurrency AML Ledger Screening
• Perform Name Screening matches against relevant Adverse Media, PEP, Economic Sanctions and Terrorism Lists
• Enhanced Due Diligence Reviews (High Risk Clients, Politically Exposed Persons)

Engage in critical thinking and leverage data analysis techniques and pattern detection to uncover financial crime.

Utilize internal systems and tools for obtaining information and documenting alert dispositions.

Manage multiple alerts at a time and maintain Service Level Agreements within specified timeframes.

Participate in calibration sessions with peers and relevant internal staff to identify financial crime trends.

What You'll Bring:

• 2+ years experience working in an AML/CTF role at a financial technology or technology-driven financial services firm
• A high level of precision and attention to detail, ensuring accuracy and thoroughness in reviews
• Resourceful, persistent and able to thrive in a fast paced environment
• Ability to prioritize multiple tasks and meet deadlines in a fast paced environment
• Ability to adapt to changing priorities and requirements, and stay up-to-date with changing regulations and industry standards
• Ability to analyze datasets and identify anomalies and patterns
• Ability to take ownership with a proactive, not reactive, approach
• Great communication skills, both verbally and via written reports
• Passion about technology, and eager to learn about the AML industry
• CAMS, Chainalysis Certifications, or other AML related certifications as a “nice to have”

Why Wealthsimple?

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year
• Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

Technology & Innovation at Wealthsimple:

We move quickly and build thoughtfully. That means we're always looking for better ways to work — whether that's new tools, AI, or rethinking how we approach a problem.

We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.

Inclusion Statement:

We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.

Accessibility Statement:

We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know — we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.

AI in Hiring:

We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment – all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.