Insights

Talent Landscape Analysis for Anti-Money Laundering

The global money laundering problem is costing industries up to $2 trillion per year. This accounts for 2-5% of the global GDP, and only 1% of the global illicit financial flows are seized. Record-breaking fines are being imposed on firms caught on violating the anti-money laundering laws.

AML talent in the US, UK, and Canada is predominantly employed by US-based financial institutions. The global demand for AML talent is approximately 370K, of which 310,000 is employed in Banking & Insurance Companies, 18,000 in Investment Banking, Management Consulting, Audit & Tax related companies, and 10,000 in AML Software Providers and ITeS Service Providers (SPs).