Senior AML ML Scientist — Transaction Monitoring

BMO; Chicago (IL); On-site; USD 90,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group in Chicago seeks a data analytics professional to design, develop, and monitor AML transaction monitoring models. You will work with large transactional, customer, and investigative datasets to improve detection and reduce false positives, translating findings into actionable recommendations for AML Compliance and FIU.

The role covers data acquisition, feature engineering, model validation, governance, and documentation, with collaboration across model risk management, data

Qualifications

• Typically 4–6 years of relevant AML/data analytics experience.
• Proficient in Python and SQL for large-scale data analysis and model development.
• Strong knowledge of statistics, ML algorithms, and model performance metrics.
• Experience with large structured and semi-structured datasets.
• Experience using Git/GitHub/Azure DevOps for collaborative development.
• Familiarity with generative AI tools to improve productivity and documentation.
• Ability to communicate technical concepts to technical and non-technical audiences.

Responsibilities

• Design, develop, test, and deploy ML models for AML transaction monitoring.
• Analyze large volumes of customer, transactional, and alert data to identify risks and patterns.
• Develop and evaluate supervised and unsupervised ML approaches to improve detection.
• Perform feature engineering and EDA to identify indicators of financial crime risk.
• Document model development, testing, and governance for audits and regulatory reviews.
• Collaborate with AML Compliance, FIU, model governance, and technology teams.

Skills

Python

SQL

Machine Learning

Statistics

Data Analysis

Large Datasets

Git/GitHub/Azure DevOps

AI Tools

Communication

Education

Post-secondary degree in related field

Advanced degree in quantitative field

Tools

Dataiku

Databricks

SAS

Spark

Hadoop

Cloud platforms

Job description

BMO Financial Group in Chicago seeks a data analytics professional to design, develop, and monitor AML transaction monitoring models. You will work with large transactional, customer, and investigative datasets to improve detection and reduce false positives, translating findings into actionable recommendations for AML Compliance and FIU.

The role covers data acquisition, feature engineering, model validation, governance, and documentation, with collaboration across model risk management, data