AML/TF Model Validation Consultant

Job Title: AML/TF Model Validation Consultant

Location: Remote

Type: Contract role

Job Description:

• Genpact is seeking an experienced consultant to lead or perform the independent validation of a sanctions-screening solution for a U.S. bank.
• Consultant to lead an independent OFAC sanctions-screening validation.
• Direct experience with a WatchDOG-to-LexisNexis migration or validation of both platforms in a comparable migration context is critical.
• The consultant must be able to assess matching logic, thresholds, list ingestion, data migration, regression results, false positives, false negatives, governance, and operational controls, and produce regulator-defensible workpapers and reports.
• Experience with Palantir transaction-monitoring models is a strong nice-to-have."

Responsibilities

• Confirm the validation perimeter, including list management, customer screening, payment screening, matching logic, and related controls.
• Review model documentation, business requirements, system configurations, governance, and implementation evidence.
• Assess data migration, mappings, screening populations, and sanctions-list ingestion controls.
• Test matching logic, thresholds, aliases, alternate spellings, fuzzy and phonetic matching, transliteration, identifiers, and suppression rules.
• Develop and execute positive, negative, boundary, false-positive, and false-negative test cases.
• Perform old vs. new platform regression testing, subject to the agreed scope and acceptance criteria.
• Investigate and document differences between legacy and target-system results.
• Evaluate monitoring, change management, access controls, exception handling, and audit trails.
• Produce regulator-defensible workpapers, risk-rated findings, remediation recommendations, and validation reports.
• Present methodology, results, and conclusions to Genpact and client Model Risk Management stakeholders.

Required qualifications

• At least five years of experience in sanctions compliance, OFAC screening, financial-crime analytics, or model validation.
• Demonstrated experience independently validating sanctions-screening or name-matching systems.
• Strong knowledge of OFAC requirements and U.S. banking regulatory expectations.
• Experience evaluating matching algorithms, thresholds, data quality, list ingestion, configuration, false positives, and false negatives.
• Strong analytical, technical-writing, and stakeholder-management skills.
• Availability for the full engagement period.
• Critical experience requirement
• Candidates should have direct, hands-on experience with WatchDOG-to-LexisNexis migrations or with validating both platforms in a comparable migration context.

Candidates should understand:

• WatchDOG and LexisNexis configurations and data requirements
• Differences in matching logic, scoring, and alert generation
• Legacy-to-target regression testing
• Migration reconciliation and discrepancy analysis
• Definition of acceptable versus unexplained system differences
• Testing of names, aliases, identifiers, thresholds, and sanctions-list updates
• Candidates without meaningful WatchDOG and LexisNexis experience are unlikely to be suitable unless they bring directly comparable sanctions-platform migration and validation expertise.