Senior Consultant - AML (Contract)

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What will your typical day look like?

Practitioners will have the opportunity to be part of a client-centric and technology-enabled AML program that involves travel to the U.S. and high-impact activities, including:

• Conduct reviews and assessments into customer activity in accordance with the entity’s established anti-money laundering (“AML”) policies and procedures and regulatory requirements
• Analyze transaction monitoring alerts and underlying transactions, accounts, and customer activity to assess consistency with the customer's known profile, expected activity, transactional behavior, and stated purpose of the account(s)
• Perform research and analysis of customer profile information and related documentation
• Conduct open-source research, where required, on customers, counterparties, or related entities to support investigative finding
• Review historical transaction monitoring alerts, investigations, case dispositions, and Suspicious Activity Reports ("SARs") / Suspicious Transaction Reports (“STRs”) to understand prior activity and determine whether escalation, enhanced due diligence (“EDD”), account restrictions, or SAR / STR filing may be warranted
• Develop clear and well-supported case documentation and SAR / STR narratives that effectively articulate financial crime typologies, red flags, suspicious activity, and the rationale for SAR / STR filing recommendations in accordance with regulatory expectations
• Document investigative findings, rationale, and key metrics to support reporting, quality assurance and audit review processes
• Identify observations and escalate potential issues in accordance with established procedures and frameworks
• Advise on investigative and quality assurance procedures in accordance with common industry practices and regulatory expectations, and support case review activities as required
• Meet established productivity, quality, and service level expectations while maintaining thorough and well-supported investigative analyses
• Apply knowledge of Bank Secrecy Act ("BSA") / PCMLTFA / AML requirements, FinCEN / FINTRAC guidance, and industry best practices when conducting investigations and developing SAR / STR recommendations
• Provide insights and observations to help clients understand financial crime exposure, emerging risks, and opportunities to enhance AML controls and processes
• Stay current on emerging financial crime trends, typologies, regulatory developments, and industry-leading practices to enhance investigative effectiveness
• Attend project and team meetings as required

About the team

Deloitte helps our clients protect their brand and reputation by proactively advising on their exposure to AML and other financial crime risks and working with clients to remediate known AML program deficiencies. Drawing on our national and global network of seasoned financial crime experts, intelligence analysts and technologists, we can quickly and efficiently gain an understanding of our clients’ AML needs and provide practical advice and recommendations. We provide expert advice and solutions to address our clients AML compliance program needs across the organization from strategy to implementation.

Enough about us, let’s talk about you

You are someone with:

• 2-5 years of experience conducting AML investigations, with a particular focus on transaction monitoring within retail, commercial and/or wealth banking environments
• Strong written and verbal communication skills with the ability to summarize complex findings recommendations and risks to peers, clients and senior management
• Previous experience using case management systems, open-source intelligence and name screening tools, with proficiency in reviewing and analyzing transactional data using Excel
• Experience conducting complex, network-based investigations, with a solid understanding of retail, commercial and wealth banking products, and financial crime risks and typologies
• Experience conducting quality control (QC) reviews of AML investigations and case work is considered an asset
• Strong attention to detail, critical thinking and problem-solving skills, with the ability to maintain accuracy, quality and productivity while working in a high-volume environment
• Demonstrated ability to interpret and apply established procedures and regulatory requirements, and to work effectively both independently and as part of a collaborative team

Other requirements include:

• A Bachelor's or Master’s degree in one of the following disciplines: Business Administration, Social Sciences, Journalism, Political Science or Sociology, Commerce, Finance, Economics, Engineering, Mathematics, Computer Science, Cybersecurity, or a related discipline
• Eligibility to obtain and maintain the work authorization required to perform services in the United States

Total Rewards

The salary range for this position is $84,000 - $126,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.