Model Validation Director

Ankura

Multiple Locations, US
Base: $85,000 to $200,000; bonus/equity: not speci...
Hybrid
Model validation testing
Financial crime programs
Transaction monitoring systems
The Model Validation Director is expected to lead and execute model validation testing processes on systems which support Financial Crime programs, including transaction monitoring, customer risk assessment/rating, fraud detection and watchlist screening/interdiction systems

Job Summary

  • The Model Validation Director is expected to lead and execute model validation testing processes on systems which support Financial Crime programs, including transaction monitoring, customer risk assessment/rating, fraud detection and watchlist screening/interdiction systems.
  • Responsibilities will include designing and/or updating testing strategies (e.g., data quality testing, data reconciliation, above-the-line and below-the-line testing, statistical analysis) which will aid in the independent validation of financial crimes detection and sanctions screening models.
  • Ankura is a team of excellence founded on innovation and growth.

Matching Summary

The Model Validation Director is expected to lead and execute model validation testing processes on systems which support Financial Crime programs, including transaction monitoring, customer risk assessment/rating, fraud detection and watchlist screening/interdiction systems.

Salary

Base: $85,000 to $200,000; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Model validation testing
  • Financial Crime programs
  • Transaction monitoring systems
  • Customer risk assessment
  • Fraud detection systems
  • Watchlist screening systems
  • Data quality testing
  • Data reconciliation
  • Statistical analysis
  • Conceptual design review
  • Control operating effectiveness testing
  • Issue validation testing
  • Analytical projects
  • SQL/Python experience
  • Financial Crime industry experience
  • Model validation experience
  • AML system implementation
  • Data lineage testing
  • Quality testing experience
  • Software development lifecycle knowledge
  • Data analysis
  • Business analysis
  • Data validation
  • Independent testing on models
  • Risks and controls understanding
  • Documenting testing within workpapers
  • Model validations of financial crime systems
  • Banking and compliance systems knowledge
  • Results-driven environment
  • Team environment experience
  • Organizational skills
  • Interpersonal skills
  • Presentation skills
  • Stakeholder engagement
  • Business and process improvements
  • Verbal and written communication skills
  • Teamwork skills
  • Customer service skills
  • Analytical skills
  • Attention to detail
  • Project management skills
  • Data cleansing and integration
  • Work with IT and business personnel
  • Model validation implementation tuning optimization
  • AML and Sanctions models
  • Written reports and workpapers
  • Communicate results with customers
  • Data validation exercises
  • Develop test scripts
  • Statistical analysis on financial data
  • Outlier detection
  • Sensitivity analysis
  • Above-the-line and below-the-line testing
  • Financial transaction data analysis
  • Transaction monitoring alert data analysis
  • Sanctions screening alert data analysis
  • Track and validate remedial actions
  • Monitor regulatory activities
  • Industry developments identification
  • Build model risk management programs
  • Coverage assessments
  • Change management procedures
  • Access management procedures
  • Internal controls
  • Assist clients with compliance requirements
  • Subject matter expert to customers
  • Cultivating new business
  • Proposal development
  • Networking
  • Authorized to work in the U.S. without sponsorship

Nice-to-have

  • Prior professional services experience
  • Consulting firm experience
  • Visualizing analytical results
  • Communicating analytical results
  • Tableau experience
  • Power BI experience
  • Cognos experience
  • QlikView experience
  • Spotfire experience
  • D3 experience

Key Requirements

  • Bachelor's and/or advanced degree
  • 5+ years of experience within the Financial Crime industry
  • 5+ years of model validation, AML system implementation, data lineage, or quality testing experience
  • Demonstrated experience with data analysis, business analysis, and data validation, activities with financial services institutions
  • Demonstrated experience with performing independent testing on models
  • Demonstrated experience executing model validations of financial crime systems
  • Demonstrated experience and knowledge of banking and compliance systems
  • Demonstrated experience working in a results-driven environment within a team environment
  • Ability to actively engage with stakeholders
  • Ability to work with IT and business personnel
  • Applicants must be authorized to work in the U.S. without sponsorship now or in the future

Work Rights

Authorized to work in the U.S. without sponsorship

Tailored Resume

Cover Letter