Senior Consultant - Risk and Compliance; Financial Crimes Job Toronto area,Ontario Canada,Finance & Banking

Position: Senior Consultant - Risk and Compliance (Financial Crimes)

Job description

Responsibilities

Develop and implement AML and sanctions compliance programs tailored to clients' specific needs and regulatory requirements

Conduct comprehensive risk assessments to identify potential money laundering and sanctions risks within clients' operations and provide recommendations for mitigation

Review and enhance existing AML and sanctions policies, procedures, and controls to ensure compliance with applicable laws, regulations, and industry best practices

Advise clients on the design and implementation of transaction monitoring and screening systems to detect and report suspicious activities and sanctioned entities

Provide training and guidance to clients' employees on AML and sanctions-related topics, including identification of red flags, reporting obligations, and internal reporting mechanisms

Conduct investigations and due diligence on high-risk clients or transactions to evaluate potential AML and sanctions violations

Stay up to date with the latest AML and sanctions regulations, industry trends, and emerging risks, and proactively advise clients on necessary adjustments to their compliance programs

Collaborate with cross-functional teams, including legal, risk management, and technology, to ensure effective integration of AML and sanctions controls across the organization

Prepare and present reports and recommendations to clients' senior management and regulatory authorities, as needed

Qualifications

Bachelor's degree in a relevant field such as finance, business, or law

4+ years of experience in AML and sanctions compliance within the financial services industry or consulting firm

Knowledge of Canadian AML/ATF laws and regulations and industry practices.

Knowledge of AML and sanctions regulations, including but not limited to the Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC) sanctions, and Financial Action Task Force (FATF) recommendations

Strong understanding of AML and sanctions typologies, risk assessment methodologies, and transaction monitoring systems

Previous support of designing and implementing AML and sanctions compliance programs for financial institutions or multinational corporations

Excellent analytical skills with the ability to assess complex situations, identify risks, and develop practical solutions

Strong project management skills, including the ability to manage multiple priorities, meet deadlines, and deliver high-quality work products

Exceptional written and verbal communication skills, with the ability to effectively present complex information to diverse audiences

Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Financial Crime Specialist (CFCS) are highly desirable

Experience with data analytics tools and technologies for AML and sanctions investigations is a plus

Additional information

ADDITIONAL INFORMATION

All your information will be kept confidential according to EEO guidelines.

Sia is an equal opportunity employer. All aspects of employment, including hiring, promotion, remuneration, or discipline, are based solely on performance, competence, conduct, or business needs.


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