Anti Money Laundering (AML) Project Associate (Senior Consultant)
The Opportunity
Do you have a passion for investigating and combating money laundering, terrorist financing, and sanctions around the world? We are seeking a highly experienced and motivated professional to join our Risk Advisory team as a Project Associate Senior Consultant in Anti-Money Laundering (“AML”). This role plays a crucial role supporting project management and execution, including supervising and managing a team of investigators, ensuring compliance with relevant regulations, standards, and investigation procedures. The successful candidate will bring a deep understanding of AML risks , strong analytical skills, and a proactive approach to risk management aimed at ensuring the smooth operation and successful client service delivery.
As an AML Project Associate Senior Consultant, you will have the opportunity to help our clients mitigate their risks related to money laundering, terrorist financing, and sanctions violations, as well as to improve their ability to meet regulatory requirements, expectations, and guidance. You will build your professional skills in a variety of AML Transaction Monitoring Lookback (“Lookback”) project experiences. This is estimated to be a multi-month assignment with opportunity to be extended.
Key Responsibilities
In this interesting and diverse role, you’ll have the opportunity to work with our AML and sanctions team to support client service delivery. Through your participation in these Lookback engagements, you will likely be involved in:
- Managing a small team of investigators
- Performing case investigations
- Performing Quality Control (“QC”) of case investigations, requests for information, and case escalations
- Assessing potential AML and sanctions risks as they arise throughout case investigations
- Making final decisions regarding case dispositions
- Holding meetings with Project Leadership to discuss investigator performance, issue management, and case escalation decisions
- Providing feedback and input on case investigations, as required
The Team
Against an increasingly complex regulatory landscape, the Deloitte AML and sanctions team helps clients in their efforts to mitigate risk and achieve compliance. We do this by leveraging our deep knowledge of AML and sanctions laws/regulations and demonstrated methodologies to help clients design, assess, and transform their processes. We work with our clients to help them effectively navigate a regulatory investigation or inquiry, and by helping them to achieve the overall risk profile they need to power their organization forward.
Why Deloitte?
The Deloitte & Touche LLP global network includes former bank regulators, federal law enforcement officials, financial institution compliance officers, and more. At Deloitte, we believe in providing our employees with the resources and opportunities they need to thrive. As a leading professional services firm, we offer a dynamic and collaborative work environment, opportunities for career growth, and a commitment to making a positive impact. Join us in our mission to help organizations navigate complex regulatory challenges and achieve compliance excellence.
Position Qualifications
We are looking for individuals who possess a majority of the following attributes:
- Minimum 4+ years of experience in private or public sector AML and/or sanctions-focused activities including Project Management Experience
- Subject matter expertise in AML/sanctions regulations as they apply to financial institutions, including retail, wholesale and international banks, Trade Finance, Fraud, Retail Banking, Private Banking, and Wealth Management
- Experience performing QC for alert and/or case investigations, specifically pertaining to Trade Finance, Fraud, Retail Banking, Private Banking, and Wealth Management
- Understanding of, and ability to provide, advice regarding applicable AML/OFAC regulations and requirements with a focus on Trade Finance, Fraud, Retail Banking, Private Banking, and Wealth Management
- Experience in managing a team of professional AML/OFAC compliance practitioners
- Experience drafting Suspicious Activity Reports (“SARs”)
- Proficiency in using AML Monitoring systems and related software
- Ability to build strong relationships at all levels of a business
- Experience submitting written and oral reports to senior management and clients
- Excellent written and verbal communication skills
- Strong analytical and investigative skills
- Strong attention to detail and organizational skills
- Proven experience effectively prioritizing workload, managing multiple priorities and in quickly adapting to meet deadlines and work objectives
- Experience working in a fast-paced, team environment
- Bachelor’s degree in Finance, Business, Law, Criminal Justice, or a related field
- Ability to travel 25%, on average, based on the work you do and the clients and industries/sectors you serve keep
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
Preferred Qualifications
- AML Consulting Experience
- Certifications such as CAMS and CFE
- Regulatory experience
- Ability to speak multiple languages
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $84,600-$155,100.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
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