Consulting Services Analyst - AML

About This Role

As an Anti-Money Laundering (AML) Analyst, you will help organizations comply with regulations, mitigate risk, and detect illicit financial activity. This role involves case investigations, assessing AML and sanctions risks, and formulating recommendations for case dispositions for financial institution clients. You will contribute to improving case investigations and ensuring regulatory compliance.

Responsibilities

• Review daily transactions for patterns indicative of money laundering, such as structuring or rapid movement of funds
• Investigate flagged transactions, assembling timelines and supporting documentation from multiple sources
• Respond to alerts generated by automated monitoring systems to determine escalation needs
• Collect and verify customer information for KYC (Know Your Customer) procedures, including identity and source of funds
• Conduct more rigorous investigations for high-risk customers during EDD (Enhanced Due Diligence) reviews
• Prepare Suspicious Activity Reports (SARs) for submission to regulatory bodies, articulating findings clearly
• Ensure all supporting evidence and rationale are well-documented in line with legal and regulatory obligations
• Review internal processes and controls to ensure compliance with AML regulations and policies
• Assist with internal audits or regulatory examinations by gathering evidence, records, and testing results
• Use statistical techniques and data analytics to identify emerging money laundering tactics and typologies

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, Criminal Justice, or Law
• Legally authorized to work in the United States without employer sponsorship
• Ability to travel up to 50%
• Live within a commutable distance to a Deloitte office (e.g. 100-mile radius)
• Strong verbal and written communication skills
• Ability to work independently and manage multiple responsibilities in a fast-paced environment
• Problem-solving and critical thinking skills
• Collaborative mindset
• Quick to learn and apply new concepts, frameworks, and emerging technologies
• Proactive in managing personal and professional growth and expanding consulting skills
• Solid understanding of Windows-based systems
• Proficiency with Microsoft Excel, Word, and PowerPoint

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, Criminal Justice, or Law

Nice to Have

• Prior experience with Legal research tools (e.g., Lexis Nexis, Westlaw)
• Working knowledge of KYC platforms (e.g., Fenergo)
• Working knowledge of Transaction monitoring systems (e.g., NICE Actimize)
• Experience performing open-source research
• Working knowledge of Payment processes and systems

Skills

* Required skills