Model Risk Analyst
Job Posting for Model Risk Analyst at TEKsystems c/o Allegis Group
Job Details
This role will be supporting data migration from one platform to another and is responsible for the development of analytics to measure and optimize AML and credit risk performance. The AML Analytics team supports the development of AML risk strategy to deliver client experience, risk management, and business growth objectives. Reporting to the Senior Director the Risk Report Analyst is responsible for supporting the analytical requests of the AML compliance program and is responsible for the effectiveness of all AML data quality, accuracy and analytics.
Additional Skills & Qualifications:
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
- Support the quantitative analytical work based on model risks, business needs and regulatory requirements while fostering a continuous improvement culture.
- Demonstrate considerable knowledge and analytic capabilities through the development of quantitative data analysis and data mining solutions, emphasizing the development of database driven reports and analyses.
- Maintain a high level of competency in statistical and analytical principles, tools and techniques. Assesses data quality and potential impacts.
- Develop rules and models that continuously improve the effectiveness of the AML transaction monitoring systems and AML Sanction screening systems.
- Have the ability to translate business requirements to technical specifications for technology to implement, also have the ability to review and assess technology systems relative to business requirements.
- You will also be required to support/participate in data quality efforts and the expansion of transaction monitoring coverage to new product types.
- Manage relationships with technology partners and external vendors to ensure the systems supporting the program are operating effectively and efficiently.
- You have the ability to coordinate efforts within compliance teams as well as across multiple business units and possess excellent communication and interpersonal skills with the ability to interact with all levels of the organization
Additional Skills & Qualifications:
- Bachelors Degree in Statistics, Economics, or Mathematics
- 2-3 years experience in Python, SQL development or SAS
- Reporting and analytics experience within banking, financial services or regulatory agency
- SQL, Python, SAS Experience data mining, query, and tuning
- Financial or banking experience is required
- Data migration
- SQL, Python, SAS, Programming
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Salary.com Estimation for Model Risk Analyst in Chicago, IL
$85,507 to $111,150
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