Senior Associate, AML Analytics - Financial Engineering & Modeling

Would you like to further develop your career with our exponentially expanding Financial Engineering and Modeling group? Are you up for the challenge to help the most sophisticated Canadian and International clients to solve their challenging problems?

In this role you will help financial services industry (FSI) clients solve complex problems with informed confidence. Using your deep technical skills, subject matter expertise and leveraging our global network of experts, you’ll provide professional advice to our FSI clients in a wide range of situations. The result? Our clients will be better placed to take control and receive the best solutions to their complex challenges.

As part of the AML Analytics team, you will play a pivotal role in the clients’ Anti-Money Laundering (AML) efforts by utilizing advanced analytics and technology to identify and mitigate potential risks. You will work closely with the clients to develop, implement, and enhance AML strategies, ensuring compliance with regulatory requirements.

You will also be able to learn and work in other quantitative and analytical areas including customer behavior modeling, scenario modelling, capital optimization problems, and new innovations such as cloud computing, machine learning and artificial intelligence.

Deloitte’s Risk, Regulatory & Forensics practice delivers highly specialized advisory solutions for companies facing critical business events where significant value is at stake, in every phase of the economic cycle.

Our work is often high profile, high impact, and highly rewarding. If you’re looking for a challenge and an opportunity to grow your career alongside the best and brightest in the industry, you’ll find it in Risk, Regulatory & Forensics at Deloitte. Broaden your skills. Broaden your reach. Broaden your career. It’s all possible at Deloitte.

Ideally, you are someone with:

• Minimum 3-5 years of relevant experience in AML/ATF domain
• Hands-on experience in utilizing data analytics and machine learning techniques to detect and investigate suspicious financial activities.
• Hands-on experience in developing and maintaining AML models to identify unusual patterns or trends in transaction data.
• Hands-on experience in validating AML models following industry best practice and regulatory guidelines.
• Knowledge of a variety of banking products and services across personal, commercial, and capital markets.
• Experience in transaction monitoring, screening tools (e.g. Lexis Nexis, World-check), or AML investigation is an asset.
• Experience in control testing, risk assessment, coverage assessment is preferred.
• Strong understanding of AML/ATF/Sanctions/ABAC/KYC processes and practices is beneficial.
• Strong programming skills in Python, SAS, SQL, R, VBA, etc. with hands-on experience working with large and complex data are critical to success; Automation experience with any of these programming languages is a plus.
• Knowledge/experience of supervisory/regulatory requirements and guidelines (e.g. SR 11-7, OSFI E-23, FINTRAC guidelines, PCMLTFA, BSA/AML regulations, OFAC regulations, etc). Knowledge of industry best practices for AML/ATF such as Wolfsberg Principles is an asset.
• Experience in writing policies and procedures is an asset.
• Exceptional verbal and written communication skills.
• Self-starter, fast-learner, and highly motivated individual who can excel under fast-paced environment and meet stringent deadlines.
• Post-graduate degree in Finance, Economics, Statistics, Computer Science, or related field. Financial crime related certifications (e.g. CAMS, CFCS, CFE, etc.) are a plus.

The salary range for this position is $75,000 - $113,000, 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. Some representative examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, 38+ days off (including 10 firm-wide closures known as "Deloitte Days"), flexible work arrangements and a hybrid work structure.