Quantitative Model Analyst 3 - AML
At a glance
AI generatedTL;DR
This position is for an individual contributor within the Enterprise Financial Crime Compliance team at a major bank, focusing on AML Transaction Monitoring models. The role involves collaborating with model owners and senior leadership to evaluate model behavior, identify risks, and enhance monitoring capabilities. Daily tasks include performing periodic testing, conducting code reviews, and preparing comprehensive documentation. Essential skills are proficiency in SAS, SQL, Python, and data science, along with a strong understanding of AML best practices and regulatory requirements. The ideal candidate will have experience working with quantitative models in a regulated environment and be adept at managing multiple priorities independently while communicating effectively across various levels within the organization.
Skills
What you'll do
- Execute and document periodic testing of AML Transaction Monitoring models.
- Review model behavior and assumptions to identify potential control gaps.
- Conduct comprehensive code reviews for AML monitoring tools.
- Prepare and present findings to senior leadership and regulatory partners.
- Maintain internal tracking tools for governance activities.
- Assess model threshold soundness through Below-the-Line reviews.
- Provide clear feedback to support continuous improvement of models.
What we're looking for
- Strong experience with BSA/AML monitoring tools and AML Transaction Monitoring systems.
- Proficiency in SAS, SQL, and Python for data analysis and automation.
- Expertise in model risk management and code review processes.
- Ability to evaluate complex model behavior and document findings comprehensively.
- Experience working independently while managing multiple priorities efficiently.
- Strong analytical skills with attention to detail and thorough understanding of AML best practices.
- Clear communication skills, both verbal and written, for diverse audiences.
Employer
About US Bank
U.S. Bank (U.S. Bancorp) is the fifth-largest bank in the United States, providing retail banking, corporate and commercial banking, wealth management, and payment services to millions of customers. Industry: Banking & Financial Services
US Bank currently has 22 open roles on FindRole.
Listed pay typically runs $119,765–$140,900 across 22 roles with salary data.
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