Senior Associate of AML Analytics, Wealthsimple
Professional investing services made simple
Job no longer available
Professional investing services made simple
1001+ employees
Job no longer available
1001+ employees
Company mission
To help everyone achieve financial freedom.
Role
Who you are
- You believe that a strong foundation in compliance is key to innovation in financial services, and are excited about working with cross-functional teams in service of better products and protection for clients
- Has strong data skills with applied experience in a risk function like AML or fraud
- Experience using SQL to conduct quantitative analysis, and synthesizing results into actionable proposals
- Can develop and communicate stories to both technical and non-technical stakeholders
- Is able to internalize and weigh information to come to balanced decisions
- Is intellectually curious and passionate about their work
Desirable
- Experience working in AML or a compliance function
- Experience working with data visualization softwares such as Tableau, Looker, PowerBI, etc
- Experience working with databases like Snowflake, Redshift, MySQL
- A financial crime related certification (e.g. CAMS, CFCS, CFE)
What the job involves
- The Anti-Money Laundering (AML) team detects, responds to, and eliminates money laundering and terrorist financing risks at Wealthsimple. Alongside compliance and operational experts, you will help to improve & strengthen Wealthsimple's AML program, helping to stop financial crime
- A typical week in this role would have you solving data problems in a fast-paced environment that prioritizes shipping and iterating new features for our clients. We are looking for an experienced data expert to deliver data-backed decisions about how to adjust our AML detection and operations strategy
- The AML team is at the forefront of every new feature launch, and you will get the opportunity to collaborate with product, technology, and compliance while seeing your work create significant impacts to the business
- Create & improve detection models to identify transaction patterns and suspicious activities while minimizing false positives
- Extract, transform, and analyze large datasets to identify patterns, trends, and anomalies related to financial crime
- Refine risk-scoring models to quantify the level of AML risk associated with clients
- Develop dashboards to provide insights that enhance program effectiveness
- Share AML trends and performance with senior AML leadership
Our take
Wealthsimple is one of a crop of robo-advisors trying to democratize investment management. These companies are disrupting the industry by automating many of the processes involved in investment removing the need for human advisors.
But while other so-called robo-advisors are focused on courting the high end of the market, Wealthsimple is trying to provide the same types of tools and advice to all users, regardless of the amount they have to invest.
Wealthsimple does have higher fees than some other robo-advisors such as Betterment and Charles Schwab. However, the company believes that it provides a more user-friendly platform, tailored to millennials who will be attracted to Wealthsimple due to its ease of use and social impact offerings.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-10% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
May 2021
$540.4m
LATE VC
Oct 2020
$87m
LATE VC
Total funding: $840.3m
Company benefits
- Retirement savings matching plan through Wealthsimple Work
- Company equity for full-time employees
- Access to Premium Client perks, including personal finance learning & advice and a boosted interest rate on deposits
- Paid parental leave (6 months topped up to 100% of salary)
- 20 vacation days per year
- 90 Days Away program
- Top-tier health benefits
- Life & disability insurance
- Generous sick and mental health days
- Employee resource plan including services like RMT, psychology, and physiotherapy
- Up to $5,000 per year for mental health supports
- Gender Affirmation benefits
- Up to $1,500 per year for professional development
- Up to $1,500 per year for wellness and home office expenses
- Employee resource groups
- Social impact hours
Company HQ
Fashion District, Toronto, ON
Leadership
Michael Katchen
(CEO)Previously worked as a Business Analyst at McKinsey and then at Ancestry.com as Country Director for Canada.
Share this job
View 10 more jobs at Wealthsimple