Senior Consultant, Financial Crimes Models & Analytics

Posted A month ago

AI Interview Copilot

Job Details

Full Time

Location

Canada

Job Description

Overview
At KPMG, you'll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

KPMG's Forensic and Financial Crimes professionals help clients identify risks that could expose their organization to money laundering, terrorist financing as well as corruption and other legal, reputational risks. We work with clients to identify, manage and mitigate their risk exposures in line with legislative requirements and industry best practices. We also conduct investigative research and support due diligence work as well as investigations when called upon.

What you will do

Collaborate with a diverse range of financial institutions, FINTECH and/or other regulated sectors to tackle financial crimes issues, including money laundering, terrorist financing and global sanctions, across all three lines of defense. Support the Forensic and Financial Crimes leaders with analytics and technology-driven tasks.
Contribute to financial crimes compliance initiatives by spearheading the development and implementation of innovative solutions that improve the efficiency and effectiveness of financial crime prevention efforts, thereby establishing a high standard for compliance excellence.
Assist in the design, validation, review, optimization (calibration & tuning), and internal audit across various financial crimes models (AML Transaction Monitoring, Sanctions, Customer Risk, and Fraud) for traditional financial institutions, correspondent banks, insurance providers, brokerages, FinTech's, online marketplaces and Money Service Businesses (MSB's) regulated by OSFI, FINTRAC, OCC, Federal Reserve, and the New York DFS.
Participate in projects aimed at enhancing compliance programs by utilizing data analytics and advanced technologies to mitigate risks and streamline processes. Conduct data analytics to test and validate financial crime systems and models using SQL, Python, R, and other programming languages, performing statistical analyses on samples, interpreting results, and effectively summarizing findings.
Assist in the design and development of assets that employ advanced analytical tools, including intelligent automation, as part of anti-financial crime initiatives.
Assist management in recognizing, escalating, and managing engagement risks for both internal and external stakeholders. Serve as a solution leader for the leadership team, overseeing specific components of engagements, supervising staff-level teams, and providing guidance and training to other team members.
Provide insights into engagement decisions, including work plans, timelines, budgets, project management, and resource allocation. Stay informed about current market trends and emerging regulatory requirements and guidance.
Implement and apply advanced analytical methodologies to improve the detection and reporting of financial crimes. Support clients with technical risk and control reviews, ensuring that compliance projects are executed accurately and in alignment with the latest regulatory requirements and expectations.

What you bring to the role

A minimum of four (4) years of experience in financial crimes compliance, including areas such as Anti-Money Laundering (AML), Global Sanctions, Anti-Bribery and Corruption (ABC), and Anti-Fraud, or in model risk management within the financial or professional services sectors, as well as with relevant banking, securities, or insurance regulatory agencies.
A bachelor's degree from an accredited institution in fields such as business administration, finance, accounting, economics, engineering, data science, computer science, information systems, statistics, mathematics, or a related quantitative discipline is required. A master's degree from an accredited institution and/or CAMS Certification or similar certifications, such as Certified Fraud Examiner (CFE), are preferred.
A comprehensive understanding of prevalent money laundering schemes as well as the legal and regulatory framework surrounding AML and Sanctions, particularly the laws, regulations, and guidance established by FINTRAC, OSFI, and other global regulatory bodies such as the OCC, OFAC, and FinCEN. Experience with applications and packages related to Transaction Monitoring Vendor Solutions, KYC Vendor Solutions, and OFAC sanctions screening solutions is advantageous.
Proficiency in analytical research, statistical sampling, and technical skills, with substantial experience in data analysis or database management tools such as SQL, R, Python, or similar technologies.
Demonstrated experience in evaluating, assessing, and enhancing financial crimes compliance programs, including conducting internal audits, compliance testing reviews, model validations, and addressing identified deficiencies. Strong familiarity with vendor solutions, including KYC, Transaction Monitoring, and Sanctions Screening, is preferred.
Strong interpersonal skills with the capability to meet team and business needs. Experience in auditing, testing, or quality assurance of AML and/or OFAC controls and processes is essential. Strong writing skills across various formats, including reports and presentations, along with significant proficiency in Microsoft Excel and PowerPoint.

Providing you with the support you need to be at your best
Our Values, The KPMG Way
Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice.

Adjustments and accommodations throughout the recruitment process
At KPMG, we are committed to fostering an inclusive recruitment process where all candidates can be themselves and excel. We aim to provide a positive experience and are prepared to offer adjustments or accommodations to help you perform at your best. Adjustments (informal requests), such as extra preparation time or the option for micro breaks during interviews, and accommodations (formal requests), such as accessible communication supports or technology aids, are tailored to individual needs and role requirements. You will have the opportunity to request an adjustment or accommodation at any point throughout the recruitment process. You will have an opportunity to request an adjustment or accommodation at any point throughout the recruitment process. If you require support, please contact KPMG's Employee Relations Service team by calling 1-888-466-4778.

About KPMG

KPMG LLP is the Canadian member firm of KPMG International. We provide Audit, Tax, and Advisory services to many of the public and private business, not-for profit, and public sector organizations in Canada. Nationally, there are 40 offices and over 700 partners and 7,000 employees working together to help Canadian businesses achieve their goals. Leveraging the skills, knowledge and passion of our firm and our people allows us to serve our clients with uncompromising professionalism, cutting through complexity to provide valuable insight—in Canada and around the world. KPMG s.r.l./S.E.N.C.R.L. est le cabinet canadien membre de KPMG International Cooperative (« KPMG International »). Nous offrons des services professionnels en audit et en fiscalité ainsi que des services-conseils à une vaste clientèle composée notamment de sociétés ouvertes et fermées, d’organismes sans but lucratif et d’organisations du secteur public au Canada. KPMG compte 40 bureaux à l’échelle nationale, au sein desquels collaborent plus de 700 associés et 7 000 employés pour aider les sociétés canadiennes à atteindre leurs objectifs. Nous misons sur les compétences et le savoir-faire de notre équipe pour servir nos clients − au Canada et ailleurs dans le monde − avec rigueur et professionnalisme. Notre mission première : simplifier la complexité en proposant des perspectives éclairantes.