Anil Singh

Seasoned and results-driven Anti-Money Laundering (AML) Director with 7+ years of experience in financial crime compliance, competent in developing robust AML/KYC programs, leading regulatory examinations, and leveraging FinTech solutions to mitigate complex AML risk.

Enterprise AML & Payments, Director - Questrade Financial Group

(2024-04)

• Directed the Enterprise AML Compliance function for Questrade Financial Group, leading a high-performing team of 23 accredited AML professionals across all reporting entities.
• Maintained subject matter expertise in evolving regulatory landscapes and industry best practices across diverse sectors, including securities, MSBs, trust/loan companies, real estate, and mortgage brokerage.
• Spearheaded the design and launch of comprehensive AML compliance programs for new business lines in the real estate, mortgage, and financial services sectors.
• Orchestrated the deployment of mission-critical FinCrime technologies, including NICE Actimize, TransUnion, Equifax, and Mitek, to enhance detection and verification capabilities.
• Facilitated high-stakes regulatory examinations and internal audits, serving as the primary point of contact for inquiries and remediation efforts.
• Represented the organization in elite industry forums, including the CIRO CCLS AML Sub-Committee and the Advisory Committee on Money Laundering and Terrorist Financing (ACMLTF).

Enterprise AML & Payments, Senior Manager - Questrade Financial Group

(2023-02 - 2024-04)

Enterprise AML & Payments, Manager - Questrade Financial Group

(2021-02 - 2023-02)

• Standardized the Enterprise AML/ATF Program across Questrade Financial Group, ensuring a consistent and robust compliance framework for all business units.
• Directed multi-sector compliance operations for diverse financial products, including securities trading, managed portfolios, mortgages, and Money Services Business (MSB) activities.
• Led and mentored a high-performing team of AML/ATF subject matter experts, fostering professional growth and ensuring operational excellence.
• Served as the definitive SME on PCMLTFA and FINTRAC regulations, translating complex legislative requirements into actionable business processes.
• Proactively monitored the global regulatory landscape, integrating evolving best practices and emerging AML trends into the corporate compliance strategy.
• Orchestrated the audit lifecycle, playing a key role in the preparation and successful execution of internal reviews and external regulatory examinations.
• Engineered enterprise-wide standards for systems and policies, optimizing productivity while maintaining strict adherence to AML/ATF objectives.

Enterprise AML & Payments, Supervisor - Questrade Financial Group

(2021-10 - 2021-02)

• Directed the investigative process for AML case reviews, providing final oversight on the determination of suspicious activity and the filing of high-priority reports.
• Chaired and managed AML Committees on behalf of the Chief Anti-Money Laundering Officer (CAMLO), driving executive-level consensus on risk appetite and compliance strategy.
• Oversaw multi-channel surveillance operations, including the monitoring of large international EFTs, Sanctions/PEPs/HIOs, and the continuous ongoing monitoring of all business lines to mitigate cross-border risk.

AML Compliance, Analyst - Questrade Financial Group

(2018-04 - 2021-09)

• Executed end-to-end investigations of unusual activity, ensuring the timely identification and reporting of potential money laundering and terrorist financing (ML/TF) risks.
• Analyzed complex ML/TF typologies across a diverse product suite, including brokerage trading, investment portfolios, foreign exchange, and mortgage lending.
• Conducted high-level Due Diligence and KYC assessments, providing deep-dive analysis into the risk profiles of high-risk clients and their impact on the organization.
• Managed rigorous name-screening protocols, cross-referencing global sanctions lists and adverse media to mitigate reputational and regulatory exposure.
• Authored and filed Suspicious Transaction Reports (STRs) with FINTRAC, providing detailed internal briefings to senior compliance leadership on all filings.
• Architected compliance training modules and internal policies, standardizing due diligence procedures and fostering a culture of regulatory awareness.
• Acted as a primary liaison for external audits, managing the delivery of evidence and formal responses to independent auditors and regulatory bodies.

Fraud Detection and Investigation Analyst - BMO Bank of Montreal

(2016-12 - 2018-04)

• Conducted root-cause analysis on fraudulent behaviors and transactions to identify systemic vulnerabilities and mitigate financial loss.
• Performed forensic account reviews to detect sophisticated fraudulent patterns and unauthorized operations, protecting both client assets and bank integrity.
• Authored comprehensive fraud incident reports, documenting emerging typologies and trends for distribution across BMO's enterprise-wide platforms.
• Optimized fraud detection systems, providing strategic input for the enhancement of Counterfeit, Kiting, Application Fraud, and Interac e-Transfer (EMT) detection modules.
• Collaborated cross-functionally with Corporate Security, Recovery Teams, and branch networks to streamline investigations and asset recovery efforts.
• Developed risk-mitigation recommendations for senior management, balancing the reduction of fraud exposure with the maintenance of a seamless customer experience.

MasterCard Chargeback Agent - BMO Bank of Montreal

(2015-09 - 2016-12)

• Ensured safeguarding of BMO assets by maintaining strict adherence to multi-sector regulatory requirements, including personal/commercial banking and investment lending guidelines.
• Mitigated consumer risk by proactively identifying and preventing Account Takeovers (ATOs) and diverse fraud typologies within the retail market.
• Managed the end-to-end dispute resolution process, evaluating fraudulent credit transactions and executing complex chargeback procedures to recover client funds.
• Delivered high-performance service in high-volume environments, consistently meeting rigorous quality and productivity benchmarks while managing sensitive risk-related inquiries.

Customer Service Representative/Bank Teller - BMO Bank of Montreal

(2014-01 - 2015-09)

• Provided strategic financial counseling, aligning banking and investment products with client-specific financial goals and risk profiles.
• Drove business growth through the targeted sale and referral of bank products while maintaining strict adherence to internal compliance standards.
• Applied comprehensive knowledge of banking policies, ensuring all client interactions met AML, regulatory, and audit requirements.
• Identified and escalated potential risks by filing Unusual Activity Reports (UARs) based on forensic analysis of transactional patterns and Source of Wealth (SoW).
• Enhanced portfolio integrity by conducting thorough KYC updates and reassessing client risk ratings to ensure data accuracy and compliance.
• Delivered premium face-to-face client service, managing complex inquiries with a focus on relationship building and operational excellence.

Honours Bachelor of Business Administration - University of Guelph (2008 - 2012)

Business Administrative Diploma - Humber Institute of Technology & Advanced Learning (2008 - 2012)