Senior Financial Crime Model Risk Validator

M&G; City of Edinburgh; On-site; GBP 60,000 - 75,000; Full time

Job summary

A leading investment firm located in Scotland seeks an experienced Financial Crime Model Risk Validation Analyst. This role involves executing financial crime model validation activities, ensuring compliance with regulatory requirements, and providing expert analysis on model effectiveness. The successful candidate will have a strong understanding of financial crime risks in the asset management sector, alongside excellent analytical and communication skills. The firm promotes a flexible work culture with a comprehensive benefits package including substantial pension contributions and extensive annual leave.

Benefits

Pension scheme of 18%

38 days annual leave

Private healthcare

Critical illness cover

Life assurance

Inspiring Families policy

Qualifications

• Experience in financial crime with knowledge of regulatory requirements.
• Skilled in independent validation of AML and fraud risk models.
• Ability to perform model performance testing including back-testing and sensitivity analysis.

Responsibilities

• Define and execute financial crime model validation activities.
• Ensure compliance of validation methods with regulatory requirements.
• Attest financial crime models are properly validated and reported.

Skills

Financial crime understanding

AML validation

Fraud transaction monitoring

Model performance testing

Statistical modeling

Fuzzy matching techniques

Communication skills

Critical thinking

Data analysis skills in Python/R/SQL/SAS/MATLAB

Cloud platforms knowledge

Experience with screening tools

Job description

A leading investment firm located in Scotland seeks an experienced Financial Crime Model Risk Validation Analyst. This role involves executing financial crime model validation activities, ensuring compliance with regulatory requirements, and providing expert analysis on model effectiveness. The successful candidate will have a strong understanding of financial crime risks in the asset management sector, alongside excellent analytical and communication skills. The firm promotes a flexible work culture with a comprehensive benefits package including substantial pension contributions and extensive annual leave.