Description
Matrix IFS is seeking a FircoSoft Subject Matter Expert (SME) to join our organization. This is a hands‑on, technical, client‑facing role supporting major financial institutions and enterprise clients in the detection and prevention of financial crime and fraud.
The ideal candidate will bring deep expertise in FircoSoft screening platforms, strong analytical capabilities, and experience working closely with compliance, operations, and technology teams to optimize sanctions and transaction monitoring outcomes while meeting regulatory expectations.
Key Responsibilities
- Lead end‑to‑end optimization of FircoSoft screening solutions, including tuning of matching algorithms, fuzzy logic, and thresholds to improve precision and significantly reduce false positives.
- Perform Above‑the‑Line (ATL) and Below‑the‑Line (BTL) testing, impact analysis, and A/B comparisons using historical data to ensure statistically sound and operationally efficient configurations.
- Analyze alert volumes and false positives to identify root causes, including data quality issues, tokenization gaps, and watchlist matching logic; implement targeted reduction strategies such as suppression rules and exception handling.
- Define, govern, and maintain low‑risk token and exception frameworks, including approval workflows, documentation, and periodic reviews aligned with regulatory expectations.
- Advise Financial Intelligence Units (FIUs) on algorithm selection, coverage gaps, and advanced screening scenarios, including transliteration and multi‑script matching.
- Partner with investigators and operations teams to address workflow inefficiencies, alert backlogs, and investigative challenges.
- Develop and maintain MIS reporting and dashboards covering alert trends, productivity, SLA adherence, and capacity planning; provide actionable insights to optimize workload and staffing models.
- Support FircoSoft system upgrades, implementations, and integrations (e.g., SWIFT, CHIPS, Fedwire), including requirements documentation, SIT/UAT testing, and post‑go‑live support.
- Ensure all tuning activities, configurations, and processes are thoroughly documented and compliant with regulatory and model risk frameworks, including SR 11‑7, OFAC, and DFS Part 504.
- Support internal audits, regulatory examinations, and model validation reviews by providing clear documentation, analysis, and subject‑matter expertise.
Required Qualifications
- Bachelor’s degree required.
- 8+ years of experience in financial crime compliance, sanctions screening, or transaction monitoring roles.
- Strong hands‑on experience with FircoSoft platforms and sanctions screening optimization.
- Solid proficiency in SQL, data analysis, and handling large datasets for tuning and performance assessment.
- Strong understanding of financial crime risk and compliance, including sanctions, AML, and fraud typologies.
- Experience working in highly regulated financial services environments, preferably supporting Tier‑1 or large regional banks.
- Ability to work directly with clients and internal stakeholders in a consultative, problem‑solving capacity.
- Strong documentation, analytical, and communication skills.
Preferred Qualifications
- Experience supporting regulatory remediation programs, model validation, or enforcement‑related initiatives.
- Familiarity with FIRCO integrations across payment, transaction, and messaging systems.
- Experience developing governance frameworks for alert reduction, risk acceptance, and exception management.
- Prior consulting or client‑facing delivery experience.
What Success Looks Like
- FircoSoft screening environments that demonstrate material reductions in false positives without increasing regulatory risk.
- Clients who rely on you as a trusted technical advisor for complex sanctions and screening challenges.
- Well‑documented, audit‑ready tuning processes aligned with regulatory expectations.
- Improved operational efficiency, investigator productivity, and measurable compliance outcomes for clients.
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 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 Security, 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,
