Every few years, financial institutions are audited by the Canadian government to prevent money laundering and terrorism funding. During my time with ATB, I ensured that ATB’s Business & Agriculture services were compliant with the requirements set by The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Some of my responsibilities included:
- Reviewing customer files and ATB’s Customer Relationship Management system
- Verifying that internal controls within the organization were implemented by lenders
- Created reports (using Access) to communicate to the lenders what information needed to be acquired to make customer files compliant
- Know the legal documentation required for different legal entities (Corporations, Sole Props, Joint Ventures, etc) to be true and existent