Job Description
Job DescriptionWe are seeking a highly skilled and detail-oriented professional to support our Financial Crimes Risk Management team in executing comprehensive lookback reviews. The ideal candidate will possess strong analytical capabilities, experience in financial crimes compliance, and a working knowledge of transaction monitoring systems and data validation processes.
Responsibilities:
Data Acquisition and Analysis
- Lead data inventory, validation, and reconciliation efforts across multiple systems and formats.
- Conduct walkthroughs and normalization of customer, account, and transaction data.
- Resolve data gaps and enhance data quality to meet regulatory and internal standards.
- Deliver the Data Completeness and Quality Report as a foundational milestone.
Scenario/Model Development, Tuning, and Preparation
- Perform coverage assessments to define red flag scenarios and applicable risk thresholds.
- Scope and profile data to identify outliers and statistically significant patterns.
- Develop and tune detection rules and model parameters for transaction monitoring.
- Validate scenarios to eliminate false positives and ensure relevance to risk exposure.
- Document all testing and tuning activities, including final rule sets and thresholds.
- Prepare alert casing and case management system setup.
Qualifications:
- 5+ years of experience in financial crimes compliance and AML/BSA.
- Proven experience with lookback reviews, especially in data-heavy environments.
- Familiarity with transaction monitoring platforms and alert/case workflows.
- Strong understanding of BSA/AML regulations and risk-based methodologies.
- Advanced Excel skills; experience with PowerBI and case management tools preferred.
- Excellent written and verbal communication skills.
- Experience working with cross-functional teams and external stakeholders. Ability to lead regular update meetings and calls with clients and regulators, ensuring clear communication and alignment throughout the engagement.
This role is a hybrid role in NYC metro.
Minimum Annual Salary: $150,000.00 | Maximum Annual Salary: $175,000.00
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