Positions: Senior AML Quantitative Finance Analyst – 3 openings
Locations: Charlotte, ATL, Jersey City
Length: 6-18 month contract
Pay Rate: $99.99/hr
Must Haves:
- 3+ years experience in model development and/or model validation – NOT just testing, but true development/validation
- Proficient in Python, SAS, and SQL
- Masters or PhD in quantitative field: Mathematics, Physics, Finance, Economics, Engineering, Computer Science, Statistics.
Plusses
- CAMS Cert (Certified Anti-Money Laundering Specialist)
- 2+ years of experience building and understanding Anti-Money Laundering models and systems
- Familiarity with the Anti-Money Laundering techniques and typologies
Day to Day
Insight Global is seeking a Senior Quantitative Finance Analyst to conduct independent model validation, independent testing and review of complex models used to monitor and mitigate money laundering risk for one of our largest banking clients. The ideal candidate should be familiar with industry practices and have knowledge of up-to-date AML techniques. The candidate should also be able to provide both thought leadership and hands-on expertise in methodology, techniques, and processes in applying statistical and machine learning methods to manage the bank’s AML models and model systems.
The qualified candidate will be responsible for a broad range of model validation activities, including:
Review, critical assessment, and challenge of models on conceptual soundness, assumptions and limitations, data, developmental evidence in support of modeling choices, performance, implementation, and documentation.
Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementation.
Performing model review activities including but not limited to independent model validation/challenge, annual model review, ongoing monitoring report review, required action item review, and peer review.
Conducting governance activities such as model identification, model approval and breach remediation reviews to manage model risk.
Communicating and working directly with relevant modeling teams and their corresponding Front Line Units; and if needed, communicating, and interacting with the third line of defense (e.g., internal audit) as well as external regulators.
Writing technical reports for distribution and presentation to model developers, senior management, audit, and banking regulators
Acts as a senior leader and subject matter expert on analytic/quantitative modeling techniques used for Anti-money laundering.
Compensation:
$99.99/hr
Exact compensation may vary based on several factors, including skills, experience, and education.
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.
...Health insurance Vision insurance A holistic approach to wellness. We are currently seeking an energetic and reliable Assistant Spa Manager to help us run our operation! Are people often impressed with your organizational skills? Would you consider yourself to be...
...Structural Steel/Miscellaneous Metals Fabricator Richard L. Sensenig Co. has an opening for a full-time experienced Structural Steel/Miscellaneous Metals Fabricator in our metal fabrications division. Responsibilities of this position include: Fabrication of...
Guardian Angels Concierge Services is looking for: *Someone who has a good work ethic *who doesn't mind driving disabled young adults to work and taking them home, *driving seniors to the doctor, the salon, library, grocery shopping etc. *Someone who can change linen...
MAU is hiring a Flexographic Press Operator for our client in Peabody, MA. As a Flexographic Press Operator, you will set up, operate, and maintain the flexographic printing press to produce high-quality labels and packaging products. This is a direct-hire opportunity...
...FL Annual Salary : Min $61,152.00 - Mid $76,419.20 Position Summary Responsible for planning and managing the operations of hospital housekeeping duties as well as adding support to laundry and linen evening operations. Works with department leadership to...