Financial Crime Compliance AML Models and Analytics Manager

Your role Do you want to keep criminals from abusing the financial system and legislative systems? Are you someone who likes to do the right thing? Do you know how to maintain independence and objectivity? We are looking for someone like that who can: o Oversee AML model development and optimization across multiple lines of business (including correspondent banking, private and investment banking) and multiple Transaction Monitoring Systems, ensure sound risk coverage, adequate quantitative model assessment and validation, and data quality completeness and integrity o Work with line of business stakeholders to define requirements and criteria for success and tracking, oversee development and implementation risk-based, effective and efficient rules, work with a diverse team of systems and analytics professionals based in onshore, near-shore, and offshore teams, and engage risk and audit partners to ensure ongoing review and transparency achieved o Provide oversight and guidance to define relevant methodology/approach in a clear and concise manner to support the model optimization efforts and maintain standards for various AML methodology including segmentation methodology, scenario tuning methodology, peer grouping, sampling (below the Line) methodology. o Work with the Data Mining and Analytics teams and the Risk Coverage/Governance Team to ensure the rules are reviewed on a regular basis based on the level of risk and that the systems are appropriately optimized o Track and report results of tuning and optimization activities and model performance to AML coverage areas, senior management and regulators o Support all review and audit functions; create a model inventory list and ensure all models are reviewed, provide appropriate training to bank and unit staff, and lead a team of analytics experts to continually assess current and emerging high risk transactional activities via the utilization of innovative analytical methodologies o Complete UBS's annual BSA/AML/OFAC training Your team We are currently expanding our Financial Crime team in the NY/NJ area and are seeking an Executive Director of AML Optimization who will be working within the C&ORC Financial Crime Prevention team. Our role is to assist UBS in the fight against money laundering, fraud, corruption and terrorist financing. Your expertise You have: o 4 year college degree or international equivalent required; Master's degree in Business, Mathematics, Economics, Computer Science, Data Science, MIS, Information Management, or Statistics a plus o 6+ years of AML Compliance experience with a wealth management, broker dealer, retail and/or private bank, and/or correspondent bank o Advanced knowledge of AML Transaction Monitoring systems such as Actimize, Mantas, etc., Business Objects/Crystal Reports, and strong data analytics capabilities, demonstrated experience in analytics platforms (SAS, R etc.) for data mining and statistical analysis and substantial experience working in and ideally optimizing AML processes o excellent verbal and written English communication skills, excellent interpersonal skills and the ability to work effectively with colleagues across regions and business units o ability to develop/deliver presentations and reporting related training to business non-technical users at various levels of the organization o strong technical/development skills in SQL Developer / SQL - Oracle / VBA / MS Access / Prior development experience with BI tools (Qlikview, Tableau etc.) preferred o certified Anti-Money Laundering Specialist (ACAMS) certified, project management/workflow management experience, and (preferred but not required) 185792BR
Salary Range: NA
Minimum Qualification
5 - 7 years

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.