Fraud Senior Model Governance Analyst

Bank of America; Belfast; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading financial institution is seeking a Fraud Senior Model Governance Analyst to perform complex analysis and validation of financial models in Belfast. The role requires strong SQL and SAS expertise, experience in model validation, and technical writing skills. Join a diverse workforce dedicated to improving financial lives through innovation and collaboration.

Qualifications

• Minimum of 4 years of experience in model validation or development required.
• Proficient in SQL and SAS, with excellent technical writing skills.
• Experience in financial services following SR-11-7 guidance is desirable.

Responsibilities

• Performs complex analysis of financial models and market data to improve performance.
• Identifies business trends and communicates findings to senior management.
• Produces analytics to ensure early model results align with expectations.

Skills

Analytical Thinking

Data and Trend Analysis

Problem Solving

Risk Management

Collaboration

Written Communications

Oral Communications

Education

Advanced Quantitative degree (Masters or PhD)

Tools

SQL

SAS

Python

Tableau

Job description

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Fraud Senior Model Governance Analyst, Belfast

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Client:

Bank of America

Location:

Belfast, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

0025217fca35

Job Views:

6

Posted:

02.06.2025

Expiry Date:

17.07.2025

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Job Description:

Description

:

Description

:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Summary:
This job is responsible for performing more complex analysis aimed at improving portfolio risk, profitability, performance forecasting, and operational performance for consumer products and related divisions, such as credit cards. Key responsibilities include applying knowledge of multiple business and technical-related topics and independently driving strategic improvements, large-scale projects, and initiatives. Job expectations include working with business counterparts within the Line of Business and partner organizations including Risk and Product teams.

Fraud Prevention and Detection is looking for an experienced model validation professional to join our team and help us combat financial crime.

Job Responsibilities:

Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance

Coaches and mentors peers to improve proficiency in a variety of systems and serves as a subject matter expert on multiple business and technical-related topics

Identifies business trends based on economic and portfolio conditions and communicates findings to senior management

Supports execution of large scale projects, such as platform conversions or new project integrations by conducting advanced reporting and drawing analytics based insights

Developing advanced technical documentation for an array of internally- and vendor-developed models ranging from regression to sophisticated techniques including XGB and neural networks

Working closely with developers to understand how the model works and provide effective challenge to not only push back on methodology but also ensure results are accurate

Partnering with technology and model users to schedule deployments and planning ahead for future model installations

Working with independent model risk management, legal and compliance teams to ensure models are fully validated and approved for usage

Producing analytics to ensure early model results look consistent with expectations

Conducting regular model monitoring and sharing performance results and analytical insights with model stakeholders and users

Supporting Bank policy for Artificial Intelligence models and ensuring any risks of using advanced techniques are identified and mitigated

Tracking model changes after deployment and ensure appropriate documentation reflects any adjustments, patches or updates

Driving model performance analytics above and beyond Model Risk Management policy requirements, including granular performance monitoring, early trend detection, root cause analysis, and gap analysis

Required Qualifications:

• A minimum of 4 years of experience in model validation or development is required

• Must be proficient with SQL and SAS

• Excellent technical writing skills

• Critical problem solving abilities including selection of data and deployment of solutions

• Proven ability to manage projects, exercise thought leadership and work with limited direction on complex problems to achieve project goals while also working as part of a broader team

• Excellent communication and influencing skills

• Thrives in fast-paced and highly dynamic environment

• Intellectual curiosity and strong urge to figure out the “whys” of a problem and come up with creative solutions

Desired Qualifications:

Advanced Quantitative degree (Masters or PhD)

7+ years of experience working in model validation. Experience in financial services (following SR-11-7 guidance is very desirable)

Proficiency with Python and Tableau

Skills:

Analytical Thinking

Business Analytics

Data and Trend Analysis

Fraud Management

Problem Solving

Collaboration

Innovative Thinking

Monitoring, Surveillance, and Testing

Presentation Skills

Risk Management

Data Visualization

Interpret Relevant Laws, Rules, and Regulations

Issue Management

Oral Communications

Written Communications

Shift:

1st shift (United States of America)

Hours Per Week:

40

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Created on 02/06/2025 by TN United Kingdom