Senior Consultant - Risk and Compliance (Financial Crimes)

About the role

Sia, a global management consulting group founded in 1999, is hiring a Senior Consultant for its Financial Services practice in Toronto. The role advises financial institutions on anti-money laundering (AML) and sanctions compliance, covering program design, risk assessment, client training and regulatory reporting.

Key responsibilities

• Develop and implement AML and sanctions compliance programs tailored to each client's needs and regulatory requirements
• Conduct risk assessments to identify money laundering and sanctions risks and recommend mitigations
• Review and improve existing AML and sanctions policies, procedures and controls
• Advise on the design and implementation of transaction monitoring and screening systems
• Train client staff on AML and sanctions topics, including red flags, reporting obligations and internal reporting mechanisms
• Carry out investigations and due diligence on high-risk clients or transactions
• Keep up to date with AML and sanctions regulations and advise clients on program adjustments
• Work with legal, risk management and technology teams to integrate AML and sanctions controls
• Prepare and present reports and recommendations to senior management and regulators

Required profile

• Bachelor's degree in a relevant field such as finance, business or law
• 4+ years of experience in AML and sanctions compliance in financial services or consulting
• Knowledge of Canadian AML/ATF laws and regulations
• Experience designing and implementing AML and sanctions programs for financial institutions or multinational corporations

Required skills

• AML and sanctions regulations, including the Bank Secrecy Act, USA PATRIOT Act, OFAC sanctions and FATF recommendations
• AML typologies, risk assessment methodologies and transaction monitoring systems
• Strong analytical, project management and communication skills
• CAMS or CFCS certification highly desirable; data analytics tools for AML investigations a plus