Senior Associate, Financial Crimes

Business Title: Senior Associate, Financial CrimesRequisition Number: 113303 - 21Function: AdvisoryArea of Interest:State: DCCity: WashingtonDescription:The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we don't anticipate that slowing down. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At KPMG, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility and leading market tools, we make sure our people continue to grow both professionally and personally. If you're looking for a firm with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career in Advisory.KPMG is currently seeking a Senior Associate, Financial Crimes in Financial Crimes Analytics for our Consulting (https://advisory.kpmg.us/) practice.Responsibilities:

Assist a variety of financial institutions in addressing financial crimes (such as Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC)/sanctions) matters across all three lines of defense

Help Financial Crimes leaders (BSA/AML, Fraud, and Sanctions) in the financial services industry with analytical and technology-related tasks Provide support for financial services or financial crimes compliance initiatives at the direction of the national financial crimes

Drive the development and implementation of innovative compliance solutions that enhance the efficiency and effectiveness of an institution's financial crime prevention efforts, setting a high standard for compliance excellence

Aid management in identifying, escalating, and managing engagement risk on behalf of internal and external stakeholders

Act as a solution leader for leadership team

Manage part(s) of an engagement, supervise staff level engagement teams, and provide direction and training to associates Deliver input into engagement decisions such as work plans, timelines, budgets, project management, and resource allocation

Maintain an awareness of current marketplace issues and stay up to date with emerging regulatory requirements and guidance

Engage in projects to enhance compliance programs, leveraging data analytics and advanced technologies to mitigate risk and improve processes

Conduct data analytics to test and validate financial crime systems using SQL, Python, R, and other programming languages

Perform statistical analysis on samples, interpret results, and summarize findings effectively Implement and utilize advanced analytical tools and methodologies to enhance the detection and reporting of financial crimes

Support clients with technical risk and control reviews, ensuring compliance projects are executed with precision and in accordance with the latest regulatory requirements and expectations

Qualifications:

Minimum three years of financial crimes (such as AML/OFAC/Anti-Bribery and Corruption (ABC)/Anti-Fraud) compliance or corporate intelligence or due diligence experience in the financial or professional services industries and/or with relevant banking/securities regulatory agencies

Bachelor's degree from an accredited college or university in business administration, finance, accounting, economics, english literature, engineering, data science, computer science, information systems, statistics, math or a related quantitative field of study

MBA or JD from an accredited college or university and/or CAMS Certification, FIBA AMLCA Certification, or similar certification such as Certified Fraud Examiner (CFE) preferred

Solid understanding of common money laundering schemes as well as the AML and sanctions legal and regulatory environment, specifically the laws, regulations, and guidance promulgated under the BSA, USA PATRIOT Act and OFAC

Application and package experience in any of the following: Transaction Monitoring Vendor Solutions, KYC Vendor Solutions, and OFAC sanctions screening solutions Skilled in analytical research, statistical sampling, and technical skills

Solid experience with data analysis or database packages such as SQL, R, Python, or similar technologies

Proven experience examining, assessing, and/or enhancing aspects of a financial crimes Compliance program (for example, performing internal audits or compliance testing reviews, remediating identified deficiencies) preferred

Strong involvement with vendor solutions, including KYC, Transaction Monitoring and Sanctions Screening

Strong interpersonal skills with the ability to meet the needs of the team and business

Experience in performing auditing, testing or quality assurance of AML and/or OFAC controls and processes

Excellent writing abilities across various deliverable formats including reports and presentations as well strong experience in Microsoft Excel, PowerPoint

Ability to travel as needed

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

KPMG complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at 'Benefits & How We Work (https://www.kpmguscareers.com/why-kpmg/#benefits) '.Follow this link to obtain salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M201424KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link 'https://assets.kpmg.com/content/dam/kpmg/us/pdf/2018/09/eeo.pdf? 'contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site).KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.GL: 5GF: 15294