Associate, Financial Crimes

KPMG LLP; Charlotte (NC); On-site; USD 70,000 - 100,000; Full time

Job summary

KPMG LLP is seeking an Associate, Financial Crimes to join our Advisory Services practice in the United States. The role focuses on assisting financial institutions with BSA/AML, OFAC/sanctions, and related compliance matters across the three lines of defense.

You will work with leaders in BSA/AML, Fraud, and Sanctions to deliver analytical and technology-driven solutions. You will help design and implement innovative compliance programs, perform data analytics to test financial crime systems,

Qualifications

• Experience in financial crimes compliance (AML/OFAC/ABC) within financial services.
• Bachelor's degree from an accredited college or university.
• Knowledge of SQL, R, Python or similar data analysis tools.
• Willingness to travel as needed; authorized to work in the U.S.

Responsibilities

• Assist a variety of financial institutions in addressing financial crimes across all three lines of defense; help leaders in BSA/AML, Fraud, and Sanctions with analytical tasks
• Provide support for compliance initiatives and assist in development and implementation of innovative compliance solutions
• Aid management in identifying and managing engagement risk for internal and external stakeholders
• Facilitate engagement decisions such as work plans, timelines, budgets, and resource allocation
• Engage in projects to enhance compliance programs using data analytics and advanced technologies
• Help design and build assets leveraging analytical tools as part of anti-financial crimes processes
• Support clients with technical risk and control reviews ensuring regulatory compliance

Skills

SQL

R

Python

Data analysis

Education

Bachelor's degree in business administration or related field

Job description

KPMG is currently seeking an Associate, Financial Crimes to join our Advisory Services 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; assist in 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 and managing engagement risk on behalf of internal, and external stakeholders
• Facilitate with engagement decisions such as work plans, timelines, budgets, project management, and resource allocation
• 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
• Help with design and build of assets that leverage advanced analytical tools, including intelligent automation, as part of anti-Financial Crimes processes
• Support clients with technical risk and control reviews, ensuring compliance projects are executed with precision, in accordance with the latest regulatory requirements and expectations

Qualifications:

• Minimum one year of recent experience in financial crimes (such as AML/OFAC/Anti-Bribery and Corruption (ABC)/Anti-Fraud) compliance, 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, or a related field of study
• 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 Bank Secrecy Act (BSA), USA PATRIOT Act and Office of Foreign Assets Control (OFAC)
• Knowledge of data analysis or database packages such as SQL, R, Python, or similar technologies
• 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 interpersonal skills with the ability to meet the needs of the team and business
• Ability to travel as needed; must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa