AML Modeling Lead & Quantitative ML Manager

Usbank; Columbus (OH); On-site; USD 133,000 - 157,000; Full time

Benefits offered by this job

Healthcare

Retirement plan

Paid vacation

Parental leave

Disability insurance

Sick leave

Job summary

U.S. Bank is seeking an experienced FIU/AML professional to lead the development and enhancement of transaction monitoring models, including Actimize and SAS/Python based systems.

The role requires coordinating with EFCC and Model Risk Governance, and delivering clear documentation and presentations to senior leadership. You will manage multiple priorities, communicate across teams, and advance anomaly detection capabilities with machine learning while ensuring compliance and regulatory

Qualifications

• Extensive knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS, Python, or similar package
• Advanced data compilation, programming skills and qualitative analysis skills
• Thorough knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Thorough knowledge of applicable regulatory rules, guidance, or supervisory letters
• In depth knowledge of Bank products and services
• Demonstrated independence, teamwork and leadership skills
• Strong analytical, organizational, problem-solving, negotiation, and project management skills
• Excellent interpersonal, verbal and written communication skills

Responsibilities

• Partner with EFCC and FIU to become familiar with transaction monitoring applications, approaches and processes.
• Supporting/owning/enhancing existing models
• Driving the full model-development lifecycle, from data exploration to pilot to production level models.
• Creating robust model development documentation specific to U.S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address any concerns.
• Ongoing model monitoring in partnership with another FIU team, requiring research and analysis based on performance metrics.
• Defending modeling approaches/methodologies/design decisions to internal and external examiners.

Skills

Regression techniques

Time series

Model development

Communication skills

Leadership

Education

Bachelor's degree in quantitative field

MA/MS in quantitative field

PhD in quantitative field

Tools

SAS

Python

Job description

U.S. Bank is seeking an experienced FIU/AML professional to lead the development and enhancement of transaction monitoring models, including Actimize and SAS/Python based systems.

The role requires coordinating with EFCC and Model Risk Governance, and delivering clear documentation and presentations to senior leadership. You will manage multiple priorities, communicate across teams, and advance anomaly detection capabilities with machine learning while ensuring compliance and regulatory