AML Specialist – MEDD Team
Job Summary
The AML Shop is a boutique consultancy full of accountants and compliance professionals — but don’t let that scare you off. We’re a dynamic team that works hard, laughs often, and knows that spreadsheets and good humour are not mutually exclusive.
The AML Specialist – MEDD (Managed Enhanced Due Diligence) Team reports to the Sr. Advisor, High-Risk Accounts Program. They perform the Enhanced Due Diligence (EDD) process for new and existing clients. This role ensures timely, high-quality end-to-end delivery of EDDs, coordinates with clients and with high-risk entities, reviews potential risk transactions, and collaborates with AML analysts and the Manager on remediation and closure.
Key responsibilities include cross training on key functions and becoming the focal point for job-rotation on all functions within the team when volumes surge and on an as-required basis.
The AML Shop is a fully remote working environment.
Term: 6 month fixed-term contract with possibility for extension
Anticipated start date: September 29, 2025
Salary/ Rate: $35-40/hr
What the position entails:
Enhanced Due Diligence (EDD) Oversight
Manage EDD deliverables for high-risk clients across regulated sectors (MSBs, PSPs, DVC providers, cannabis, cheque cashers, wholesale banknotes, online gaming).
Oversee and coordinate EDD processes, ensuring timely completion, accuracy, and clear communication with CU clients.
Conduct new and ongoing EDDs, including ID verification, screening, adjudication of alerts, and preparation of reports for review.
Escalate risks and provide recommendations to management and CU clients.
Lead AML analysts, providing guidance, training, and quality control oversight.
Prepare client reports, statements of work, proposals, and gap analyses as required.
Transaction Monitoring
Review and analyze client/member transaction activity using CU platforms, third-party tools, and data submissions.
Identify unusual activity, assess patterns vs. expectations, and escalate risks as appropriate.
Issue and follow up on RFIs; document findings, recommendations, and escalation notes.
Prepare and submit STR narratives to the STR team.
Maintain accurate client profiles, risk ratings, and behavior settings in monitoring systems (e.g., Verafin).
Documentation & Reporting
Ensure proper documentation management in SharePoint and SYNC.
Support process improvements and contribute to compliance best practices.
Verify invoices, track deliverables, and ensure alignment with completed work.
What will you need to succeed?
University or college degree in a relevant discipline such as, Anti-Money Laundering or Financial Crimes and/or training in KYC, EDD and transaction reviews and investigations.
Minimum of 3 years of relevant experience in AML, fraud investigations, or a related role.
Solid understanding of domestic laws and regulations related to AML, counter-terrorist financing, sanctions, and relevant regulatory/oversight bodies.
Knowledge of AML and EDD processes, regulatory requirements, and risk assessment practices.
Strong analytical and investigative skills with keen attention to detail.
Excellent communication skills for coordinating with clients and internal teams.
Proficiency in Microsoft Office, SharePoint, and relevant data management systems.
Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
CAMS or CFCS or FCSC designation considered an asset.
Work Schedule
Monday to Friday – 9am to 5pm – with some flexibility
What’s in it for you?
Hands-on experience with modern IT management tools and processes — the good stuff you actually want on your résumé.
A supportive team that’s got your back (and your inbox).
Room to grow your skills and your career — we invest in people, not just devices.
Please note:
Only candidates living and legally authorized to work in Canada will be considered.
Only selected candidates will be contacted for interview.
The chosen candidate must undergo a criminal background check.