Model Risk Associate: AML/BSA Validation (Hybrid)

SMBC Group; Jersey City (NJ); Hybrid; USD 112,778 - 135,000; Full time

Benefits offered by this job

Annual discretionary incentive

Job summary

SMBC Group is seeking a highly skilled professional to conduct end-to-end validations of financial models, focusing on risk management and regulatory compliance. You will work with SQL, Python or R, and Hadoop to assess model soundness and performance.

The role offers a hybrid work arrangement, with a strong emphasis on documentation, testing, and automation to standardize validation processes. An advanced degree and relevant experience are required.

Qualifications

• Master’s degree in financial engineering or related field with 3 years of experience.
• Experience validating financial models and risk management frameworks.
• Proficiency in SQL, Python or R, and data processing for model validation.

Responsibilities

• Conduct end-to-end validations and review of BSA/AML/Fraud models using SQL, Python/R and Hadoop.
• Identify model deficiencies and communicate issues with owners and senior management, providing feasible recommendations.
• Develop documentation templates, test packages and automation tools to standardize validation processes.

Skills

SQL

Python

R

Data analysis

Model validation

Education

Master’s degree in financial engineering or related field

Tools

Hadoop

Job description

SMBC Group is seeking a highly skilled professional to conduct end-to-end validations of financial models, focusing on risk management and regulatory compliance. You will work with SQL, Python or R, and Hadoop to assess model soundness and performance.

The role offers a hybrid work arrangement, with a strong emphasis on documentation, testing, and automation to standardize validation processes. An advanced degree and relevant experience are required.