Massachusetts Jobs

Anti Money Laundering (AML) 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 Senior Consultant in Anti-Money Laundering ("AML"). This role will involve supervising and managing AML activities, providing expert guidance and oversight, and ensuring compliance with relevant regulations and standards. The successful candidate will bring a deep understanding of AML laws and regulations, strong analytical skills, and a proactive approach to risk management aimed at ensuring the smooth operation and successful client service delivery.

As an AML 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 in support of developing and maintaining sound AML and sanctions programs and controls. You will build your professional skills in a variety of project experiences by assisting our clients to understand the complexities of issues they face, and by implementing solutions to help them remediate identified issues. 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 worldwide network of member firms to support clients and solve problems. Through your participation in a variety of engagements, you will likely be involved in:

• Developing client relationships and mentoring professionals across project teams

• Designing, reviewing, enhancing, implementing, and monitoring AML and sanctions compliance programs for clients subject to US requirements

• Assessing AML and sanctions risks and controls at the enterprise and business unit level to identify areas of enhancement

• Developing and enhancing AML and sanctions program governance through development of governance, policies and procedures

• Working with clients to develop and deliver training modules identifying

• Performing transaction monitoring "look backs" pursuant to regulatory orders, Know Your Customer ("KYC") remediations, internal controls assessments, internal investigations, and/or independent testing

• Supporting practice and project leadership with governance, reporting, and delivery of projects.

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, broker dealers, mutual funds and insurance companies, money service businesses, and Financial Technology ("FinTech") organizations

• Ability to develop AML/OFAC compliance policies and procedures and review other relevant policy and procedure manuals as appropriate

• Understanding of and ability to provide advice regarding applicable AML/OFAC regulations and requirements to the business across the three lines of defense on regulatory, transactional and documentation issues

• Experience in managing a team of professional AML/OFAC compliance practitioners

• 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

• 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

• Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve

• Bachelor's degree in Finance, Business, Law, Criminal Justice, or a related field

• 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 $ 93,222-$170,913

You may also be eligible to participate in a sales incentive program, whereby you may be eligible to receive certain incentive compensation amounts based on achievement of certain sales goals set forth each year, subject to the terms and conditions of any applicable program document.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.