Description
Job Description: Model Validation Specialist
As a Model Validation Specialist, you will play a crucial role in validating and enhancing financial models to ensure they comply with regulatory requirements and industry best practices.
Desired Qualifications:
- AML Expertise: Strong knowledge of AML model validation and model risk management with 4-6 years of experience in financial crime analytics.
- Documentation Skills: Extensive experience in creating model documentation, validation reports, playbooks, and runbooks.
- Regulatory Knowledge: Good understanding of AML regulations such as BSA, AML Directives, etc.
- Threshold Tuning: Proven experience in threshold tuning and optimization, including methodologies and implementation.
- Data Analytics: Hands-on experience in data mining/analytics and familiarity with the regulatory environment.
- Banking Industry Insight: Excellent understanding of the banking industry and its business lines.
- Quantitative Skills: Demonstrated analytical/numerical expertise through advanced quantitative/statistical research and analysis projects.
- Technical Proficiency: Substantial exposure to databases/technologies, data mining, and business intelligence resources in the banking industry.
- Communication Skills: Excellent verbal and written English communication skills, with the ability to create and deliver impactful presentations.
- AML Systems Knowledge: Significant experience with AML Transaction Monitoring systems, preferably Oracle Mantas, Prime BSA, and Actimize.
- Programming Skills: Strong knowledge of SQL and hands-on experience with programming languages like R or Python.
- Analytical and Statistical Skills: Strong analytical and statistical skills.
- Problem-Solving: Ability to develop and propose recommendations to address identified issues/risks and optimize processes.
- Data Trends Analysis: Understanding trends in underlying data and advising on modeling methodologies to detect potential suspicious activity.
- Visualization Tools: Experience with visualization tools like Tableau is a plus.
Years of Experience:
3-8 Years
Why Matrix
Matrix is a global, dynamic, fast-growing technical consultancy leading technology services company with 13000 employees worldwide. Since its foundation in 2001, Matrix has made more travelers and acquisitions and has executed some of the largest, most significant. The company specializes in implementing and developing leading technologies, software solutions, and products. It provides its customers with infrastructure and consulting services, IT outsourcing, offshore, training and assimilation, and Ves as representatives for the world's leading software vendors. With vast experience in private and public sectors, ranging from Finance, Telecom, Health, Hi-Tech, Education, Defense, and Secu city, Matrix's customer base includes guest organizations in Israel and a steadily growing client base worldwide.
We are comprised of talented, creative, and dedicated individuals passionate about delivering innovative solutions to the market. We source and foster the best talent and recognize that all employee's contributions are integral to our company's future.
Matrix- success is based on a challenging work environment, competitive compensation and benefits, and rewarding career opportunities. We encourage a diverse work environment of sharing, learning, and ceding together. Come and join the winning team! You'll be challenged and have fun in a highly respected organization. To Learn More, Visit Matrix -ifs. Com,
EQUAL OPPORTUNITY EMPLOYER: Matrix is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind. Matrix is committed to the principle of equal employment opportunity for all employees and providing employees with a work environment free of discrimination and harassment. All employment decisions at Matrix are based on business needs, job requirements, and individual qualifications, regardless of race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in our locations. Matrix will not tolerate discrimination or harassment based on any of these characteristics. Matrix encourages applicants of all ages.
