Principal Consultant - AML Financial Crimes

As a Principal Consultant - AML Financial Crimes at Capco, your primary responsibilities will include reviewing customer transactions to pinpoint suspicious activity, conducting investigations on potential money laundering, preparing SARs, and utilizing AML monitoring systems effectively. You will also collaborate closely with compliance and legal teams to ensure all regulatory standards are met.

To qualify for the Principal Consultant - AML Financial Crimes position at Capco, candidates should possess a Bachelor's degree in a relevant field, have at least 8-10 years of experience in AML, and ideally hold a Certified Anti-Money Laundering Specialist (CAMS) certification. Extensive knowledge of AML laws and procedures is crucial, along with strong analytical skills.

At Capco, compliance in AML activities is ensured through a structured approach which includes conducting regular reviews of customer profiles, monitoring transaction patterns, preparing detailed reports, and staying updated on regulatory changes. Additionally, collaboration with compliance and legal teams further strengthens our adherence to standards.

Capco prides itself on a culture of rapid career advancement. As a Principal Consultant - AML Financial Crimes, you can expect to face challenging projects that allow for professional development. Our entrepreneurial spirit, combined with minimal bureaucracy, supports swift promotions and opportunities for leadership roles as you make impactful contributions.

The work culture at Capco is vibrant, collaborative, and inclusive. We value diversity and encourage innovation, making it a great place to express ideas. As a Principal Consultant - AML Financial Crimes, you'll find an engaging environment where creative solutions are not just accepted but celebrated.

When answering this question, highlight specific AML monitoring systems you've used and how they have aided in detecting unusual transaction patterns. Speak to your experience in analyzing alerts and your approach toward effective case management.

Explain your investigative process, focusing on how you gather information, assess the legitimacy of transactions, and the importance of documentation. Mention your familiarity with regulatory requirements and how they guide your actions.

Discuss your methods for keeping current with AML regulatory changes, such as subscribing to industry newsletters, participating in professional forums, or attending relevant training sessions, emphasizing your proactive approach to learning.

Use this opportunity to showcase your problem-solving skills. Detail the case's complexity, your role, the actions you took, and the outcome. Highlight how this experience taught you valuable lessons in investigation and compliance.

Provide a comprehensive approach when discussing your evaluation processes, mentioning key performance indicators (KPIs) you consider, how you identify weaknesses, and what methods you use to recommend improvements to the control environment.

Share your knowledge of specific red flags such as unusual transaction amounts, inconsistent customer behavior, or rapid movement of funds. Explain how you contextualize these signs within the larger framework of risk assessment.

Describe your prioritization strategies, such as using organizational tools, clear communication with team members, and effective time management techniques that help you juggle multiple projects without compromising quality.

Emphasize the importance of collaboration in AML investigations. Discuss how you work with compliance, legal teams, and other departments to gather necessary information, share insights, and ensure thorough investigations.

Talk about your familiarity with preparing and filing SARs, including the types of cases you reported, the information you included, and how you ensured compliance with regulatory requirements throughout this process.

Outline your approach to AML training, focusing on tailored training materials that suit various team members' roles. Discuss the importance of engaging training methods and continuous education to ensure compliance culture within an organization.