Fincrime And Fraud Model Validator

Monzo Bank

London, United Kingdom
Base: £59,500 - £70,000; bonus/equity: incentive a...
Remote
Experience validating financial crime or fraud models
In-depth knowledge of statistical risk management techniques
Strong technical skills in sql or python
The role involves performing independent model validations of FinCrime/Fraud models using proportionate modelling techniques

Job Summary

  • The role involves performing independent model validations of FinCrime/Fraud models using proportionate modelling techniques.
  • Candidates will write clear validation reports and present findings to relevant committees while supporting the Model Risk Oversight Committee.
  • The position offers a salary between £59,500 and £70,000 plus incentive awards and a £1,000 annual learning budget.

Matching Summary

The role involves performing independent model validations of FinCrime/Fraud models using proportionate modelling techniques.

Salary

Base: £59,500 - £70,000; Bonus/Equity: Incentive Awards tied to performance; Benefits: Not specified

Skills & Requirements

Must-have

  • Experience validating Financial Crime or Fraud models
  • In-depth knowledge of statistical risk management techniques
  • Strong technical skills in SQL or Python
  • Working knowledge of machine learning models like gradient boosted trees
  • Ability to articulate complex problems clearly

Nice-to-have

  • Understanding of customer risk assessment controls
  • Experience with transaction monitoring controls
  • Knowledge of Financial Crime and Fraud typologies
  • Self-motivated in a fast-paced environment
  • Ability to build strong respectful relationships

Key Requirements

  • Experience managing a modelling project through its full lifecycle
  • Background in developing or validating risk models (Credit, Interest Rate, Liquidity, etc.)

Work Rights

Not specified

Tailored Resume

Cover Letter