The banking and finance industry often deals with urgent remediation projects to address compliance deficiencies and meet strict regulatory requirements. Our client — a global management consulting firm— needed more than 100 anti-money laundering (AML) analysts for one such project.
These roles were fully remote, spread across multiple states, and required onboarding in days, not weeks.
Here’s how Madison-Davis rose to the challenge.
OBSTACLE
Our client, a management consulting firm, was asked for assistance by their partner in the banking and financial services industry. The said partner needed to perform a year-long remediation project to strengthen their Anti-Money Laundering (AML) effort.
For this high-stakes project, the banking company needed 100 AML analysts. Although our client possessed the expertise and knowledge to help them, they lacked the internal resources needed to acquire qualified contractors within a short amount of time.
Considering the nature of AML within the financial industry, any delay could jeopardize regulatory timelines, risk severe penalties, and damage the bank’s credibility.
Adding to the complexity was the nationwide scope: roles were scattered throughout the U.S., demanding swift, large-scale recruiting without sacrificing talent standards.
SOLUTION
Madison-Davis provided support to the management consulting firm through:
Specialized Temp Staffing Division: Drawing from our deep focus on financial crimes compliance, we tapped into a pre-screened pool of AML experts. Within 48–72 hours, we had identified 130 qualified candidates— surpassing the original 100-person request.
Collaborative Alignment: We partnered closely with our client to clarify the project goals, scope, and required skill sets. This tight coordination ensured we understood the critical deadlines and could mobilize our AML-focused recruiters effectively.
Quality & Performance Checks: After placement, we maintained weekly check-ins to track contractor performance. Where needed, we swiftly replaced underperformers — avoiding any staffing gaps or project delays. This proactive oversight allowed the consulting firm to keep its remediation initiative on schedule and under control.
OUTCOME
130 Specialized Hires: Madison-Davis exceeded the 100-analyst target, deploying all candidates within days.
Year-Long Continuity: With ongoing communication and backfilling of roles, the project ran for 12 months without major disruptions.
Timely Remediation: The bank completed its AML remediation on schedule, meeting regulator expectations and avoiding substantial penalties.
IMPACT
This AML remediation project is our client’s largest-ever program. It solidified their reputation as a trusted management consulting firm, especially with the banking and financial company that chose their services.
Since Madison-Davis handled everything related to sourcing, hiring, and placing temp workers, our client was able to focus on strategic oversight instead of staffing logistics. Our reliability and rapid execution gave them the confidence to direct their attention away from staffing and onto other important aspects their client needed.
In personal feedback, the client’s managing director described Madison-Davis’s level of support as “indispensable” to the project’s success.
Whether you need a handful of professionals or a large-scale team for high-stakes projects, Madison-Davis is ready to provide tailored solutions.
Allow us to support your projects and programs with skilled professionals. Ready? Let’s Talk!