The purpose of the Modeling team is to ensure that there is an appropriate AML coverage by leading AML coverage assessment; development of new models and improving existing models to mitigate existing or future AML risks; and model review and validation in accordance with the Anti-Money Laundering / Sanctions model governance framework within the bank.

 

 

Responsibilities:

§  Conduct risk based tuning of AML scenarios and maintain standards for BTL (Below the Line) ATL (Above the Line) alert testing

§  Support ongoing optimization to the effectiveness of all in scope BAU transaction monitoring systems, scenarios and rules

 

Requirements:

 

§  Significant experience and direct knowledge of AML Transaction Monitoring systems and preferably Oracle Mantas, Prime BSA and Actimize is a big plus.

§  Strong knowledge of SQL and Hadoop

§  Hands on experience in programming language like R or Python

§  Strong analytical and statistical skills

§  Developing and proposing recommendations to address identified issues/risks as well as areas and processes required optimization and improvement

§  Understanding trends in underlying data and advise on modeling methodologies to detect potential suspicious activity

§  Produce reports with documented rationales for scenarios, rules and threshold settings.

§  Experience in visualization tools like Tableau is a plus.

§  Experience in GCP is a plus