Fraud & AML Model Analyst — Data Analytics & Validation

BankUnited; Florida; On-site; USD 85,000 - 110,000; Full time

Job summary

BankUnited is seeking a Model Analyst to support FCC through model validations, documentation, and data analytics reporting. You will structure and analyze data from multiple source systems to create and maintain reporting, including visual and flowchart modeling.

You will validate models, monitor performance, prepare validation reports, and communicate findings to FCC management and auditors, while developing expertise in model functionality and reporting tools.

Qualifications

• Bachelor's Degree in Computer Science, Data Analytics, Data Science, Business Analysis or a related field required
• 4-6 Years working with data modeling, software implementation, enhanced reporting analytics and/or related experience in financial services data analysis and/or application development required
• 2-3 years of experience as a model analyst or similar position working directly with BSA, OFAC and/or Fraud models
• Experience with BSA/AML model management including scenario development, segmentation and threshold tuning; OFAC models including matching algorithms and fuzzy logic and Fraud models including wire, check, online banking and RTP models

Responsibilities

• Assist in the maintenance of formal procedures and model documentation
• Assist with model performance monitoring, including validation and the preparation of model validation reports and related supporting technical documents
• Prepare reports in a manner that is clear and comprehensible to FCC supervisors/managers, internal auditors and regulatory examiners
• Develop and maintain technical expertise of model functionality including release and upgrades
• Coordinate, develop and/or review exam and audit deliverables
• Identify process gaps and recommend new opportunities for process improvement through the use of quantitative analytics
• Apply statistical techniques to interpret risk and develop solutions for business consumption
• Support the data mining, reporting and general analytics needs of the FCC department

Skills

SAS

SQL

Tableau

Python/R

Data visualization

Communication

Data warehousing

Education

Bachelor's degree in Computer Science/ Data Analytics/ Data Science/ Business Analysis

Tools

Actimize

Fircosoft

Fiserv

Job description

BankUnited is seeking a Model Analyst to support FCC through model validations, documentation, and data analytics reporting. You will structure and analyze data from multiple source systems to create and maintain reporting, including visual and flowchart modeling.

You will validate models, monitor performance, prepare validation reports, and communicate findings to FCC management and auditors, while developing expertise in model functionality and reporting tools.