Financial Crime

• Executes independent model validation control activities for lower risk, in-house and vendor, models
• Conducts validation activities for low-risk, in-house models, and assists, under supervision and in collaboration with peers, on higher risk, complex and vendor models
• Conducts back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses on lower risk models; collaborates with senior-level validators for higher risk models
• Executes and assists in replicating model development and may help develop challenger models through principles of predictive modeling, machine learning, time-series modeling/forecasting, stress testing, heuristic models, actuarial models, and/or other techniques
• Reviews at a working experience level the end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes
• Assesses the materiality of model changes and conducts model change validations
• Produces and delivers validation reports and related validation work to model validation management and model stakeholders
• Executes the independent model validation process compliant with the written risk and compliance policies and procedures at a working experience level
• Evaluates model risk control strengths around model development, implementation, and use

Model Validator – Mid-Level, Fraud/AML

• Conduct routine surveillance reviews to identify unusual market activity
• Assist with analyzing trading activity for indications of potential violations
• Draft summaries of internal updates regarding rules, regulations, guidelines, intelligence, and advisories
• Assist with projects for testing and developing new analytics, surveillance tools, or processes
• Present investigative findings to management in an organized, concise, and timely fashion
• Follow the process for the documentation of review steps and results

Senior Analyst, Fraud Detection

• Conducting routine surveillance reviews of moderate to high complexity to identify unusual market activity
• Analyzing trading activity for indications of potential violations
• Researching and providing internal updates regarding rules, regulations, guidelines, intelligences, and advisories
• Completing assigned tasks for testing and developing new analytics, surveillance tools or processes that detect and deter fraudulent activity
• Preparing well-organized, detailed, and accurate reports
• Completing documentation of review steps and results
• Demonstrating subject matter expertise and coaching/train colleagues in techniques, processes, and responsibilities
• Working on routine projects with the assistance of management
• Participating in initiatives across Surveillance

See all jobs on JobTailor

Model Validator – Mid-Level, Fraud/AML

Senior Analyst, Fraud Detection

Associate Principal Analyst, Fraud Detection