Financial Crime Model Validation Manager

Role Overview

• Lead and execute model validation testing processes on systems supporting Financial Crime programs
• Design and/or update testing strategies (e.g., creation of or enhancement to risk and control matrices)
• Execute analytical projects working closely with senior stakeholders and clients to deliver value to financial institution clients
• Review of model governance, including processes surrounding their effectiveness
• Critical challenge of model design and development
• Testing of data inputs, including data quality issues, data mapping, ETL processes, balancing and reconciliation controls, data lineage, throughput, and backtesting
• Testing that model logic is working as intended
• Assessment of model user access controls, KPIs, and alert review processes
• Evaluation of model performance, including tuning and sanctions sensitivity testing
• Documentation of testing using standardized work papers and model validation reports and other client deliverables
• Provide oversight and guidance to the testing team for efficient engagement delivery, maintain engagement budget, provide timely reporting of engagement progress to the client and engagement executive.

Requirements

• Bachelor's and/or advanced degree with a concentration in Data Management or Analytics; Finance; Computer Science, Management Information Systems, or Statistics/Mathematics
• 4+ years of experience within the Financial Crime industry
• 4+ years of model validation, AML system implementation, data lineage, or quality testing experience
• Basic knowledge of the software development lifecycle
• Demonstrated experience with data analysis, business analysis, and data validation, activities with financial services institutions
• Demonstrated experience with performing independent testing on models, including an understanding of risks/controls and experience documenting testing within workpapers
• Experience executing model validations of financial crime systems, including but not limited to: Verafin, Actimize, BAM/BAM+, YellowHammer, FCRM, FinanSeer, FiServ, Lexis Nexis Bridger, FircoSoft, Quantexa, Palantir, Accuity, RDC, and others
• Demonstrated experience and knowledge of banking and compliance systems
• Demonstrated experience working in a results-driven environment within a team environment
• Strong organizational, interpersonal, and presentation skills
• Ability to actively engage with stakeholders to collect information, and issues, and make recommendations for business and process improvements
• Highly effective verbal and written communication skills and the ability to interact with all levels of management
• Strong teamwork, communication, and customer service skills
• Strong analytical, attention to detail, organizational, and core project management skills
• Possesses knowledge of the challenges of data cleansing and integration
• Ability to work with IT and business personnel
• Travel as required by client needs.

Tech Stack

• ETL

Benefits

• Comprehensive total rewards package
• Professional development opportunities