Tuning and Optimization Consultant

New York, New York, United States Crisil

PLEASE DO NOT SUBMIT/APPLY IF YOU ARE REPRESENTED BY AN AGENCY/CONSULTANT.

Team
: AFC Modeling (AFCM)

Our client is committed to the highest standards of control in the areas of Anti‑Money Laundering (AML), Sanctions & Embargoes, Anti‑Bribery and Corruption (ABC) and Anti‑Fraud (collectively referred to as Anti‑Financial Crime). All employees are required to adhere to these standards to protect DB and our reputation from those who may intend to use our products and services for illegal purposes including, but not necessarily limited to, money laundering, bribery, corruption, fraud and/or Terrorist Financing.

The purpose of the AFC Modeling team is to ensure that there is an appropriate AML coverage by leading AML coverage assessment; development of new models and improving existing models to mitigate existing or future AML risks; and model review and validation in accordance with the Anti‑Money Laundering / Sanctions model governance framework within the bank.

• Conduct risk based tuning of AML scenarios and maintain standards for BTL (Below the Line) ATL (Above the Line) alert testing
• Support ongoing optimization to the effectiveness of all in scope BAU transaction monitoring systems, scenarios and rules

• Significant experience and direct knowledge of AML Transaction Monitoring systems and preferably Oracle Mantas, Prime BSA and Actimize is a big plus.
• Strong knowledge of SQL and Hadoop
• Hands on experience in programming language like R or Python
• Strong analytical and statistical skills
• Developing and proposing recommendations to address identified issues/risks as well as areas and processes required optimization and improvement
• Understanding trends in underlying data and advise on modeling methodologies to detect potential suspicious activity
• Produce reports with documented rationales for scenarios, rules and threshold settings.
• Experience in visualization tools like Tableau is a plus.