Senior Consultant - Anti-Money Laundering (AML) - Contract

Job Type: Temporary Contract
Work Model: Hybrid
Reference code: 135501
Primary Location: Toronto, ON
All Available Locations: Toronto, ON

Our Purpose

At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100% Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.

By living our Purpose, we will make an impact that matters.

• Have many careers in one Firm.
• Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.
• Learn from deep subject matter experts through mentoring and on the job coaching

--

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.

Our promise to our people: Deloitte is where potential comes to life.

Be yourself, and more.

We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

You shape how we make impact.

Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute.

Be the leader you want to be

Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

Have as many careers as you want.

We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors.

The next step is yours

At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Action Plan and the BlackNorth Initiative.

We encourage you to connect with us at [email protected] if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or [email protected] for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).

When you apply, we will review your application using Deloitte's Global Talent Standards to ensure a consistent recruitment experience. Our recruitment advisors and hiring teams will utilize human screening combined with AI technology to help identify the skills and qualities that matter most to our business, while safeguarding your privacy and using AI responsibly.

Deloitte Canada has 20 offices with representation across most of the country. We acknowledge that Deloitte offices stand on traditional, treaty, and unceded territories in what is now known as Canada. We recognize that Indigenous Peoples have been the caretakers of this land since time immemorial, nurturing its resources and preserving its natural beauty. We acknowledge this land is still home to many First Nations, Inuit, and Métis Peoples, who continue to maintain their deep connection to the land and its sacred teachings. We humbly acknowledge that we are all Treaty people, and we commit to fostering a relationship of respect, collaboration, and stewardship with Indigenous communities in our shared goal of reconciliation and environmental sustainability.