Offer summary

Qualifications:

Experience in model analysis and validation, Knowledge of Transaction Monitoring systems, Ability to document model methodologies, Understanding of risk assessment processes, Capacity for effective data-related activities.

Key responsabilities:

Conduct detailed analysis of TM systems

Collaborate with stakeholders for model validation

Support development of automated TM solutions

Optimize TM solutions for effectiveness

Develop innovative methods for TM solution visualization

Job description

Position Summary

Contractor - Whippany, NJ

The work you’ll do as a contractor under a Deloitte project team includes working on the development and optimization of TM solutions.

Key Responsibilities As a Contractor

Detailed model analysis within the TM area - conducting analysis of different TM systems currently deployed globally. In addition, there is a requirement to collaborate with various stakeholders (within Model Validation teams and outside) and answer queries related to model risk, underlying customer/transaction data and various parts of the model lifecycle.
Working with compliance colleagues to support the development, implementation, and optimization of automated TM automated solutions and capabilities

Qualifications

Support the development of the Model Risk Methodology (MRM) framework to ensure that it fulfils the requirements of the Internal Model Validation team and the wider Transaction Monitoring function, including.
Ensuring that all steps and assumptions made in model development are documented, can be replicated, and are assessed from a risk standpoint.
Asserting that findings in model documentation are stated accurately, particularly in instances were statistics / data science techniques are used in model methodology.
Supporting the development, validation, and onboarding of new models, while incorporating essential requirements of the TM function.
Building knowledge on TM platforms by working with client's SMEs, to support with periodic model approvals.
Work with colleagues to support the development, implementation, and optimization of Global TM solutions and capabilities.
Supporting regular review & optimization of TM solutions, maximizing effectiveness and efficiency, and ensuring a risk-based approach is taken.
Developing and operationalizing custom-made monitoring and oversight solutions within our Financial Crime data sources, including rules, models, typologies, profiles, and dashboards.
Ensuring TM solutions are rigorously built and embedded into routine processes, enabling proactive identification of money laundering and financial crime risks.
Develop new / innovative methods to visualize effectiveness of TM solutions
Engaged in data related activities including working with CDO and involving in providing SEM input and designing. the data quality control.

Candidates interested in applying for this opportunity must be geographically based in the United States and must be legally authorized to work in the United States without the need for employer sponsorship

We do not accept agency resumes and are not responsible for any fees related to unsolicited resumes.

Deloitte is not the employer for this role. This work is contracted through a third-party whose employees provides services to Deloitte.

The expected pay range for this contract assignment is $69 to $71 per hour.  The exact pay rate will vary based on skills, experience, and location and will be determined by the third-party whose employees provide services to Deloitte.

Work you'll do

We do not accept agency resumes and are not responsible for any fees related to unsolicited resumes.

Candidates interested in applying for this opportunity must be geographically based in the United States and possess the necessary work authorization.

Expected Work Schedule

Approximate hours per week

About Deloitte

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It makes Deloitte one of the most rewarding places to work.

As used in this posting, “Deloitte” means , a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Requisition code: 194726

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