Job Type: Permanent
Work Model: Hybrid
Reference code: 133157
Primary Location: Toronto, ON
All Available Locations: Toronto, ON
Our Purpose
At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100% Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.
By living our Purpose, we will make an impact that matters.
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Have many careers in one Firm.
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Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.
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Learn from deep subject matter experts through mentoring and on the job coaching
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:
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Minimum 10+ years of relevant experience in AML/ATF domain.
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Strong academic background with graduate degree (Master's or PhD) in quantitative disciplines such as Finance, Economics, Statistics, Mathematics, Computer Science, or other relevant post graduate degree is required.
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Hands-on experience in utilizing data analytics and AI-ML (artificial intelligence-machine learning) methodologies to detect and investigate suspicious financial activities.
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Hands-on experience in developing and maintaining AML models to identify unusual patterns in transaction data.
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Hands-on experience in performing end to end validation of AML models (vendor based or in-house) - including testing, outcome analysis and documenting reports, by following industry best practice and regulatory guidelines.
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Experience with interpreting model code, business rule logic and data transformation, independent replication testing and outcome assessment.
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Experience with design and execution of independent validation test plans and structured workpaper documentations.
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Knowledge of banking products and services across retail, commercial, and capital markets.
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Experience in transaction monitoring, sanctions screening (name screening and payments screening) commercial sanctions platforms such as Lexis Nexis, World-check, Actimize, Verafin, Oracle FCCM, SAS AML, Symphony Al etc.
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Experience in Internal Audit (MRA/MRIA), consent order remediation, regulatory exams, risk assessment, coverage assessment is an asset.
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In depth understanding of AML/ATF/Sanctions/ABAC/KYC processes and practices is required.
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Strong programming skills in Python, SAS, SQL, VBA, etc. with hands-on experience working with large and complex data are critical to success.
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Automation experience with any of the aforementioned programming languages is an asset.
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SME (subject matter expert) knowledge/experience of USA, Canadian supervisory/regulatory requirements and guidelines (e.g. SR 11-7, OSFI E-23, FINTRAC guidelines, PCMLTFA, BSA/AML regulations, OFAC and FinCEN regulations, along with UK FCA and EU AMLD etc.
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Prior experience at professional services firm serving financial services or within model risk and financial crime compliance at a large institution.
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Knowledge of publications such as ACAMS, FATF, Wolfberg, Egmont etc. is an asset.
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Financial crime related certifications (e.g. CAMS, CFCS, CFE, etc.) are an asset.
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Experience in documenting policies and procedures is an asset.
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Exceptional verbal and written communication skills.
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Self-starter, fast-learner, and highly motivated individual who can excel under fast-paced environment and meet stringent deadlines.
The salary range for this position is $101,000 - $169,000, 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. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.
Our promise to our people: Deloitte is where potential comes to life.
Be yourself, and more.
We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.
You shape how we make impact.
Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute.
Be the leader you want to be
Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.
Have as many careers as you want.
We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors.
The next step is yours
At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Action Plan and the BlackNorth Initiative.
We encourage you to connect with us at [email protected] if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or [email protected] for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).
When you apply, we will review your application using Deloitte's Global Talent Standards to ensure a consistent recruitment experience. Our recruitment advisors and hiring teams will utilize human screening combined with AI technology to help identify the skills and qualities that matter most to our business, while safeguarding your privacy and using AI responsibly.
Deloitte Canada has 20 offices with representation across most of the country. We acknowledge that Deloitte offices stand on traditional, treaty, and unceded territories in what is now known as Canada. We recognize that Indigenous Peoples have been the caretakers of this land since time immemorial, nurturing its resources and preserving its natural beauty. We acknowledge this land is still home to many First Nations, Inuit, and Métis Peoples, who continue to maintain their deep connection to the land and its sacred teachings. We humbly acknowledge that we are all Treaty people, and we commit to fostering a relationship of respect, collaboration, and stewardship with Indigenous communities in our shared goal of reconciliation and environmental sustainability.
