AML Model Developer at Kforce Inc.
Boston, MA 02109
About the Job
- Collaborates with Model Owners, Model Risk Management, and various stakeholders throughout the organization to translate business requirements to technical requirements for model development, enhancement, tuning, optimization, and monitoring of model performance
- Assess model health within a given framework using statistical methods, evaluation of assumptions, and drive timely remediation efforts
- Execute on Book of Work for Compliance Risk Models, support project implementation impacting Compliance and its areas of oversight
- Ensure that all the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions and provide requisite information in support of independent audit activities
- Perform analytical research in support of the Compliance Department, with a strong focus on AML/BSA, including the design, development, and implementation of information-based business solutions
- Develop complex inquiries with SQL, Python and ETL to perform analyses of the underlying data in our systems and highlight trends, issues, and findings; Develop reporting solutions, including designing stored procedures, view queries, and tables
- Serve as a key Subject Matter Expert in the implementation of new technology initiatives to enhance the Compliance data repositories, reporting, analytics, and overall program with a strong focus on AML/BSA compliance
Requirements:
- 5-8+ years of experience
- AML/OFAC exposure; Model Development experience
- Experience in model development, tuning, and optimization of AFC/AML models
- Strong experience in Python, SQL, statistical methods, and model development in cloud environments
- Experience in handling large datasets and have performed data analysis to identify patterns and trends
- Experience in performing time series and develop ongoing performance monitoring reports (OPM)
- Knowledge of banking regulatory environment and impact on risk, management practices
- Successful track record in achieving outstanding levels of delivery, performance, challenge, and oversight
- Ability to lead complex projects with outstanding awareness of the Operational Risk associated
- Adherence to the Code of Conduct, assigned Risk Tolerance or Mandates and all organizational policies and procedures applicable
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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