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Quantitative Model Analyst – AML

Job in South Naperville Area, Will County, Illinois, 60564, USA
Listing for: Jobtailor
Full Time position
Listed on 2026-07-13
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, AI Evaluation
Salary/Wage Range or Industry Benchmark: 90000 - 150000 USD Yearly USD 90000.00 150000.00 YEAR
Job Description & How to Apply Below
Position: Quantitative Model Analyst 3 – AML
  • Join a team of Financial Intelligence Unit (FIU) analysts focusing on ongoing monitoring, testing, and governance of AML Transaction Monitoring models.
  • Partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior.
  • Identify emerging risks and support enhancements to AML monitoring capabilities across the enterprise.
  • Perform ongoing monitoring and performance assessments of AML Transaction Monitoring models.
  • Conduct comprehensive code reviews and code change assessments for AML Transaction Monitoring models.
  • Execute below-the-line testing of model thresholds.
  • Prepare and present materials for audiences including senior leadership, Model Risk Management, Corporate Audit, and regulatory partners.
Requirements
  • Bachelor’s degree in a quantitative field, and five or more years of relevant experience OR
  • MA/MS in a quantitative field, and three or more years of related experience OR
  • PhD in a quantitative field, and less than two years of related experience
  • Experience working with quantitative models, analytics, or monitoring frameworks in a regulated environment
  • Proficiency in SAS, SQL, and Python for data analysis, testing, and automation
  • Strong analytical skills with attention to detail and the ability to evaluate complex model behavior
  • Experience supporting AML/BSA Transaction Monitoring systems or financial crime detection tools.
  • Understanding of AML best practices and regulatory expectations.
  • Ability to work independently while managing multiple priorities in a fast-paced environment
  • Ability to clearly communicate (verbally and in writing) model performance, risks, and recommendations, tailoring technical depth to the target audience
  • Self‑directed problem solver who identifies gaps and resolves issues independently.
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