Senior Consultant, AML Analytics - Financial Engineering & Modeling
$84,000–$126,000 year
HybridToronto, Ontario, Canada
Job Summary
Develop and implement Anti-Money Laundering (AML) strategies for financial services clients using advanced analytics and technology to identify and mitigate potential risks. Validate AML models per industry standards and regulatory guidelines while leveraging expertise in Python, SAS, SQL, and machine learning to detect suspicious financial activities. Collaborate on control testing, risk assessment, and coverage assessment, ensuring compliance with regulations such as SR 11-7, OSFI E-23, and FINTRAC guidelines. Work across personal, commercial, and capital markets to enhance client solutions in areas including customer behavior modeling and capital optimization.
Required Qualifications
- Relevant experience in AML/ATF domain
- For Analyst, 0–1 year of relevant experience required; for Consultant, 1–3 years required; for Senior Consultant, 2–5+ years required
- Hands-on experience in data analytics and machine learning techniques for detecting suspicious financial activities
- Expertise in developing and maintaining AML models to identify unusual transaction patterns
- Experience validating AML models per industry standards and regulatory guidelines
- Knowledge of banking products across personal, commercial, and capital markets
- Familiarity with transaction monitoring tools like Lexis Nexis, World-check, or AML investigation
- Experience in control testing, risk assessment, and coverage assessment
- Strong understanding of AML/ATF/Sanctions/ABAC/KYC processes
- Programming skills in Python, SAS, SQL, R, VBA, etc., with experience handling large datasets
- Knowledge of regulatory guidelines (e.g., SR 11-7, OSFI E-23, FINTRAC guidelines) and industry best practices (e.g., Wolfsberg Principles)
- Experience in policy and procedure writing
- Excellent communication skills
- Self-starter with motivation and the ability to thrive in fast-paced environments and meet deadlines
- Post-graduate degree in Finance, Economics, Statistics, Computer Science, or related field
Desired Qualifications
- certifications like CAMS, CFCS, CFE are advantageous
- automation experience is a plus
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