Associate Director, Model Risk
Company: Protiviti Inc.
Location: New York, NY
Posted on: March 17, 2017
Job Description:
Position: Associate Director, Model Risk (New York, NY) Protiviti is a global consulting firm that helps companies solve
problems in finance, technology, operations, governance, risk and
internal audit. Through our network of more than 70 offices in over 20
countries, we have served more than 35 percent of FORTUNE® 1000 and Global 500
companies. We also work with smaller, growing companies, including those
looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half
International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a
member of the S&P 500 index. Duties: Execute client engagements related to validation and
enhancement of Anti-Money Laundering (AML) systems, including Transaction
Monitoring (TM), Customer Risk Ranking (CRR) Models, AML Analytics Tools,
and Risk & Compliance data infrastructures. Understand and analyze clients’
business profiles, data, compliance technology platforms and AML
solutions. Develop advanced AML modeling technologies, incorporating AML
regulatory requirements and industry best practices. Analyze client
business and technology strategies, identify weaknesses, assess compliance
remediation alternatives, create transition roadmaps and assist client in
the executions. Provide advisory support to ensure effective use of
the data available and achieve compliance objectives. Requirements: Master’s degree (or foreign equivalent) in
Finance, Mathematics, Statistics, Information Systems or related
quantitative field and four (4) years of experience performing AML model validation
and implementation for the financial industry; or in the
alternative, a Bachelor’s degree (or foreign equivalent) in Finance,
Mathematics, Statistics, Information Systems or related quantitative field
and seven (7) years of experience as indicated above. Also requires: demonstrated expertise analyzing, validating,
building and implementing AML models and systems for transaction monitoring,
including Mantas, Fortent and Actimize; analyzing banking transactions,
such as cross- border payments, and Swift transactions; developing and
implementing quantitative AML customer risk scoring (CRR) models; performing
data analytic functions in detecting AML patterns, using advanced SQL
database language included in Oracle and SQL Server; developing AML
managerial reports and dashboards using tools such as Crystal Reports and
Tableau; ensuring AML model compliance with OCC SR 12-11, and FFIEC AML
regulatory guidelines; and performing data/text mining (Oracle) and AML
model tuning using clustering approach (R tool). Submit resume to Job Code ADMR2017, Dana S. Portnoy, Protiviti,
125 High Street, 17th Floor, Oliver Street Tower, Boston, MA 02110
Keywords: Protiviti Inc., West Haven , Associate Director, Model Risk, Finance , New York, NY, Connecticut