- Performing independent model validation, annual model review, ongoing monitoring report review, required action item review, and peer review.
- Conducting governance activities such as model identification, model approval and breach remediation reviews.
- Providing hands-on leadership for projects pertaining to statistical modeling and machine learning approaches to effectively challenge and influence the strategic direction and tactical approaches of these projects.
- Communicating and working directly with relevant modeling teams and their corresponding Front Line Units; communicating and interacting with the third line of defense (e.g., internal audit) as well as external regulators, as needed.
- Writing technical reports for distribution and presentation to model developers, senior management, audit and banking regulators.
- Acts as a senior level resource or resident expert on analytic/quantitative modeling techniques used for Anti-money laundering.
- PhD or Masters in a quantitative field such as Mathematics, Physics, Finance, Engineering, Computer Science, Statistics.
- Knowledge and 5 years of experience in building and understanding of Anti-Money Laundering models and systems
- Strong familiarity with the industry practices in the field and knowledge of up-to-date Anti Money Laundering techniques
- CAMS certification (preferred)
- Fluency in Python, SAS and SQL
- Excellent written and oral communication skills with stakeholders of varying analytic skill and knowledge levels.
-
Model Risk Validator
1 week ago
Natixis Corporate & Investment Banking New York, United StatesNatixis is seeking a VP or Director-level quantitative analyst to join the CUSO Model Validation team within MRM as a Model Risk Validator. · The Model Risk Management (MRM) Group within the Risk Department (Model Risk & Risk Governance) is responsible for Model Validation, Model ...
-
Model Risk Validator
1 week ago
Natixis New York, NY, United StatesPoste et missionsNatixis is seeking a VP or Director-level quantitative analyst to join the CUSO Model Validation team within MRM as a Model Risk Validator.The Model Risk Management (MRM) Group within the Risk Department (Model Risk & Risk Governance) is responsible for Model Val ...
-
AML Testing and Model Validation Analyst
3 weeks ago
Oppenheimer & Co. Inc. New York, United StatesJob Description · Job DescriptionWho We Are: · Oppenheimer & Co. Inc. ("Oppenheimer") is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services indust ...
-
ALM Risk Model Validation Associate/VP
2 weeks ago
Selby Jennings New York City, United States Full timeA leading international financial institution is expanding its team and seeking a Risk Model Validation Specialist with a strong quantitative background to join the Market & Liquidity Model Validation Team within the Model Risk & Validation Group. This team is responsible for the ...
-
00002 Citibank, N.A. New York, United States Full timeThe Model/Anlys/Valid Sr Group Mgr role resides in Citi's Global Model Risk Management (MRM) group and manages a team of highly specialized and quantitative professionals. The job requires a broad and comprehensive understanding of the different theories and practices relevant to ...
-
Director of Actuarial Model Validation
1 week ago
Ameriprise Financial New York, NY, United StatesAmeriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, a ...
-
Model/Anlys/Valid Officer
1 week ago
Citigroup New York, NY, United StatesGroup Responsibilities: The modeling team within Citigroup's Corporate Financial Planning and Analysis team is responsible for:Developing, implementing, and maintain the models that support Citi's Balance Sheet and Income Statement forecasting.These models are used by Citi's Busi ...
-
Senior Director, Model Validation
1 week ago
Grupo Santander New York, NY, United StatesSenior Director, Model Validation - Compliance ModelsCountry: United States of AmericaThe Senior. Director, Model Validation for SHUSA Compliance models (Transaction Monitoring, Sanctions Screening, Fraud Risk, etc) will be responsible for leading the independent validation of mo ...
-
Model/anlys/valid Officer
2 weeks ago
Citi New York, United States**Group Responsibilities**: · The modeling team within Citigroup's Corporate Financial Planning and Analysis team is responsible for: · - Developing, implementing, and maintain the models that support Citi's Balance Sheet and Income Statement forecasting. · - These models are use ...
-
Model Validation Quant AVP
3 weeks ago
Citigroup Inc Long Island City, United StatesCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including cons ...
-
Model Validation Quant AVP
3 weeks ago
Citigroup Inc Long Island City, United StatesCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including cons ...
-
Aml Testing and Model Validation Analyst
3 weeks ago
Oppenheimer & Co. Inc. New York, United States**Who We Are**: · Oppenheimer & Co. Inc. ("Oppenheimer") is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securiti ...
-
Model Risk Analyst Validation
4 days ago
Brains Workgroup Paramus, United StatesOur client, a major bank, looking for talented · Model Risk Analyst 100% remote role, · must be located in US. · This is a permanent position with great benefits package and competitive compensation · ** Must be authorized to work for ANY employer in US - NO H1 Visa support fo ...
-
Risk Model Validation Specialist
1 day ago
Sumitomo Mitsui Financial Group, Inc. White Plains, United StatesSMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...
-
Dtcc Jersey City, United StatesAre you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed t ...
-
ALM Risk Model Validation Associate/VP
2 weeks ago
Selby Jennings New York, United StatesJob Description · Job DescriptionA leading international financial institution is expanding its team and seeking a Risk Model Validation Specialist with a strong quantitative background to join the Market & Liquidity Model Validation Team within the Model Risk & Validation Group. ...
-
Citigroup New York, NY, United StatesThe Model/Anlys/Valid Sr Group Mgr role resides in Citi's Global Model Risk Management (MRM) group and manages a team of highly specialized and quantitative professionals. The job requires a broad and comprehensive understanding of the different theories and practices relevant to ...
-
Bank of America Jersey City, United StatesDirector, Senior Quantitative Finance Analyst, AML Model Validator · Charlotte, North Carolina;Jersey City, New Jersey; New York, New York · **Job Description:** · **Role Description:** · Enterprise Model Risk Management seeks a Senior Quantitative Finance Analyst Anti-Money ...
-
FCC Model Validation Manager
3 weeks ago
Cross River Fort Lee, United StatesWho We Are: · Cross River is a highly profitable fast-growing financial technology company recognized for the third year in a row by CB Insights as one of the 250 best global FinTech's. Our comprehensive suite of innovative products powers financial solutions with a strong focus ...
-
Risk Model Validation Specialist
1 week ago
Sumitomo Mitsui Banking Corporation White Plains, NY, United StatesSMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...
Director, Senior Quantitative Finance Analyst, AML Model Validator - Jersey City, United States - Bank of America
Description
Director, Senior Quantitative Finance Analyst, AML Model ValidatorCharlotte, North Carolina;Jersey City, New Jersey; New York, New York
Job Description:
Role Description:
Enterprise Model Risk Management seeks a Senior Quantitative Finance Analyst
Anti-Money Laundering (AML) to conduct independent testing and review of complex models used to monitor and mitigate money laundering risk.
The candidate should be able to provide both thought leadership and hands-on expertise in methodology, techniques, and processes in applying statistical and machine learning models to manage the banks AML models and model systems.
The position will be responsible for:Required Skills:
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.
The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE ) .To view the "EEO is the Law" Supplement, CLICK HERE ) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse.
Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of Americas Drug-free workplace and alcohol policy,CLICK HERE .
#J-18808-Ljbffr
