Financial Crimes Model Validation Consultant
$124,800–$312,000 year
RemoteUnited States or US
Job Summary
Perform model validation on AML transaction monitoring, sanctions, and other financial crimes systems according to regulatory specifications. Analyze and interpret data quality issues, identify remediation, and track to resolution. Draft validation methodology, model documentation, and change management documentation as appropriate. Build custom scenarios from technical specifications and apply statistical analysis to identify critical data elements. Manage compliance software and system development projects in a matrixed environment. This engagement is remote, project-based, and requires a Certified Anti-Money Laundering Specialist (CAMS) credential.
Required Qualifications
- Bachelor's Degree in Finance, Business, Economics, Data Sciences or Mathematics / Statistics
- Minimum 7+ years of data analytics and model validation experience managing compliance software/system development projects in a matrixed environment within the banking or brokerage industries or comparable large company/consulting organizations
- Extensive direct knowledge of AML transaction monitoring systems, preferably Mantas, Prime, Actimize and FCRM experience with AML transaction monitoring data and data analysis
- Demonstrated experience with Oracle, SQL, etc. and hands-on data science experience
- Subject Matter expert in AML transaction monitoring covering various business lines such as correspondent banking, lending, trade finance, etc.
- Strong statistical & analytical background; experience in performing data analysis to accurately identify critical data elements
- Experience building custom scenarios from technical specifications
- Must be able to work in the United States without requiring sponsorship
Desired Qualifications
- Certified Anti-Money Laundering Specialist (CAMS) a plus
Additional Requirements
- Applicants must be able to work in the United States without requiring sponsorship
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