AVP, AI/ML Compliance & Model Risk

Barclays Bank US; Wilmington (DE); On-site; USD 120,000 - 190,000; Full time

Job summary

Barclays AVP - Compliance & AI/ML is based in Wilmington, DE and focuses on independent review and validation of models across Financial Crime, Transaction Monitoring, AML and Market/Trade Surveillance. The role involves technical data analysis, benchmarking, and challenger modelling to ensure robust risk management practices.

You will assess performance, data quality, governance and limitations, delivering high-quality validation reports and collaborating with model owners, developers and

Qualifications

• Experience in model validation and model risk management, including knowledge of regulatory requirements relating to model risk.
• Understanding of quantitative techniques used to develop and validate Compliance models, particularly Financial Crime, Transaction Monitoring, AML and Market/Trade Surveillance
• Experience with statistical, scenario-based and rules-based models, including predictive modelling techniques
• Experience developing or validating machine learning models using large datasets

Responsibilities

• Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models.
• Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses.
• Assessment of any compensating controls used to mitigate Model risk.
• Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement.
• Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning.
• Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty.

Skills

Model validation

Regulatory requirements

Quantitative techniques

ML models

Data analysis

Tools

Python

R

SAS

Spark

MLlib

Hadoop

AWS

Job description

Barclays AVP - Compliance & AI/ML is based in Wilmington, DE and focuses on independent review and validation of models across Financial Crime, Transaction Monitoring, AML and Market/Trade Surveillance. The role involves technical data analysis, benchmarking, and challenger modelling to ensure robust risk management practices.

You will assess performance, data quality, governance and limitations, delivering high-quality validation reports and collaborating with model owners, developers and