Regulatory Affairs jobs in United Kingdom

Our client, a Top 5 Bank in Canada is looking to hire a Senior Model Risk Specialist to their team for an initial 6-month contract with a possibility of extension/conversion.This role is currently hybrid, 2 days a week in office in Toronto.

Responsibilities Include:

• Effectively identify risks associated with AI/ML models; timely, accurately and independently assess models used in the areas of responsibility; and tactfully provide the recommendations to model owners and users to mitigate the risks.
• Ensure that the models (development, documentation, usage, etc.) are compliant with the Bank's Enterprise Model Risk Framework and are compliant with OSFI/FRB/OCC's requirements.
• Provide advisory support to large-scale projects as required and other work streams as appropriate and requested to ensure that bank's models are in line with industry best practice.
• Support the Director in the development and execution of overall work plan.

Must Have Qualifications:

• 3+ years of experience pertaining to Fraud, AML transaction monitoring, large language modeling, and/or statistical modeling.
• Hands-on and advanced knowledge in AI/ML models used for financial crime prevention (AML, fraud, and cyber security, etc.) monitoring.
• Good knowledge and relevant training in AI/ML modeling techniques for behavioral and pattern analysis.
• Good knowledge of regulatory requirements on Fraud, AML and AI/ML models; experience in regulatory matters as an asset.
• Master's Degree, PhD. preferred in a quantitative field e.g., Mathematics, Computer Science, Statistics and Engineering.
• Proficiency in computing development skills, particularly statistical and database modeling tools (Python, SAS, R, SQL, Matlab, Access/VBA etc.

If you are interested in this opportunity, kindly send your resume in MS Word format to priyanka2@ifgpr.com today!