Senior Consultant - AML Financial Crimes

As a Senior Consultant - AML Financial Crimes at Capco, you'll be responsible for reviewing customer account transactions, conducting due diligence, and preparing Suspicious Activity Reports (SARs). Your role will include investigating potential money laundering activities, monitoring customer profiles, and ensuring regulatory compliance. You will also provide AML training, assist in audits, and collaborate with legal teams to maintain alignment with the latest AML laws and regulations. Your insights will be vital for developing and improving internal AML controls.

To qualify for the Senior Consultant - AML Financial Crimes role at Capco, you should possess a bachelor's degree in Finance, Business, Law, or a related field. Ideally, you will have a CAMS certification or equivalent. The position requires 3-5 years of experience in Anti-Money Laundering, Counter-Terrorist Financing, or financial crimes investigations, along with extensive knowledge of AML regulations and best practices. Strong analytical skills, attention to detail, and excellent communication abilities are also essential.

Success as a Senior Consultant - AML Financial Crimes at Capco relies on strong analytical skills, investigative abilities, and an understanding of financial products and services. Proficiency in AML monitoring systems is crucial, alongside excellent written and verbal communication skills, as you will prepare comprehensive reports and collaborate with various teams. Additionally, the ability to manage multiple tasks effectively and keep abreast of AML trends and regulatory changes is key to thrive in this role.

The work environment for a Senior Consultant - AML Financial Crimes at Capco is fast-paced and collaborative. As a member of the Finance, Risk, and Compliance team in New York, you’ll work closely with industry experts in a culture that encourages creativity and inclusivity. Capco prides itself on having minimal internal bureaucracy and offers the opportunity to engage in innovative projects that reshape financial services. The firm also values career growth, providing employees the chance to take on tough challenges and promote rapidly.

Capco offers exceptional growth opportunities for Senior Consultants in AML Financial Crimes. With a supportive and entrepreneurial environment, you’ll have the chance to engage in rapid learning and take on significant challenges. The company emphasizes the importance of career advancement and encourages employees to seize opportunities for promotions. Additionally, the diverse and inclusive culture ensures that your contributions are recognized, helping you to build a rewarding and impactful career.

In your response, highlight specific systems you have used, discuss how you leveraged these systems to detect suspicious activity, and give examples of how your analysis led to actionable insights. Show your familiarity with AML regulations and how you apply them in practice.

Mention specific resources that you use, such as industry publications, regulatory updates, webinars, or professional associations. Discuss how staying informed has helped you in your previous roles to adapt practices and ensure compliance.

Outline a structured approach that includes steps like gathering transaction details, conducting customer due diligence, collaborating with compliance teams, and documenting your findings. Emphasize the importance of thoroughness and attention to detail in investigations.

Share a specific project where your leadership mattered. Talk about the objectives you set, actions you took, and ultimately, the results achieved. Highlight any collaboration you had with key stakeholders and the impact on the organization’s compliance framework.

Discuss your understanding of privacy regulations and the importance of confidentiality in AML. Provide examples of how you have ensured sensitive data protection in your previous work experiences and highlight your commitment to ethical standards.

Describe your familiarity with the SAR filing process, including the details required, timelines, and your role in preparing and submitting them. Discuss instances when your filings resulted in actionable outcomes or further investigations.

Explain your approach to prioritization, perhaps using a situational example. Discuss how you assess the urgency and importance of incoming tasks while ensuring compliance deadlines are met.

Share your ideas for making AML training more effective, such as incorporating real-life case studies, interactive discussions, or utilizing technology for training simulations. Highlight the importance of engaging your audience and fostering a culture of compliance.

Talk about the importance of clarity and transparency in communication. Provide examples of how you've built strong relationships with legal and compliance teams to facilitate collaborative problem-solving and ensure alignment on regulatory obligations.

Discuss the various ways in which you utilize technology—such as AML software, data analytics, and automated tools—to improve the efficiency and accuracy of compliance procedures. Emphasize your adaptability to industry innovations.