Jobs NYC

Conduct end-to-end validations and reviews on BSA/AML, fraud detection, and market surveillance models. Identify model deficiencies through validations, and communicate the issue and recommendation to model owners and manager. Contribute to automating validation processes by maintaining validation template and developing standardized testing packages. Assist with performing model validation following FCC model validation standards. Maintain up-to-date knowledge in AML, fraud, and market surveillance regulations and industry best practices.Requirements: Master’s Degree in Statistics, Mathematics or Quantitative Finance and Risk Analytics, plus two years of experience in the position offered or a model validation specialist at a bank or other financial institution. All of the required experience must have included conducting financial model validation, measurement, monitoring, and reporting of model risk from model validation and model governance perspectives; conducting financial model validation and model risk governance on BSA/AML models; programming in SQL, Python, R and VBA; and using Microsoft database, Fenergo, Lexis Nexis, Dow Jones, and Fircosoft.This role entails hybrid work, with time split between working in our New York, NY office and flexibility to telecommute from another U.S. location.

Minimum Salary: 120000 Maximum Salary: 141000 Salary Unit: Yearly