Senior Data Scientist - AI Risk Consultant

Sciata; Phoenix (AZ); On-site; USD 110,000 - 150,000; Part time

Job summary

Sciata in Phoenix, AZ is seeking an experienced Model Validation / AI Risk Consultant to independently assess fraud and entity resolution models within a regulated financial-services environment.

You will challenge methodologies, document validation findings, and communicate risks to stakeholders using Python/SQL/R for quantitative analysis and aligning with SR 11-7 / OCC 2011-12. This is a long-term W2 contract requiring onsite work and U.S. work authorization.

Qualifications

• Strong hands-on experience performing independent model validation in a regulated financial services environment.
• Demonstrated experience specifically with Fraud Model Validation.
• Demonstrated experience with Entity Resolution / Entity Matching Model Validation.
• Ability to provide concrete examples of prior validation projects, methodologies, testing, issues and remediation.

Responsibilities

• Perform end-to-end Fraud Model Validation, including design, data quality, assumptions, performance, limitations and ongoing monitoring.
• Conduct Entity Resolution Validation, evaluating matching logic, inputs, thresholds, false positives/negatives, and overall effectiveness.
• Independently challenge model development approaches and deliver clear, defensible validation conclusions and recommendations.
• Review model documentation, source data, feature engineering, testing results, controls and implementation processes.
• Conduct quantitative analysis using Python, SQL, R or similar tools.
• Evaluate model performance, stability, bias, drift, benchmarking and sensitivity where applicable.
• Develop validation reports and communicate findings, risks and remediation to technical and business stakeholders.
• Apply model risk management principles and regulatory guidance (e.g., SR 11-7 / OCC 2011-12).

Skills

Fraud model validation

Entity resolution validation

Regulatory knowledge

Tools

Python

SQL

R

Job description

IMMEDIATE START - Location: MUST be local and able to work onsite in Phoenix, AZ
Work Authorization: U.S. Citizens or Green Card holders only (No third Parties or C2C)
Duration: Long term W2 Contract, 12 Months+

We are seeking an experienced Model Validation / AI Risk Consultant with a strong background in financial services, model risk management, and advanced analytics. This individual will be responsible for independently assessing complex fraud and entity resolution models, challenging methodologies, evaluating model performance, and documenting validation findings in alignment with established model risk standards.

Key Responsibilities

• Perform end-to-end Fraud Model Validation, including assessment of model design, methodology, data quality, assumptions, performance, limitations, and ongoing monitoring.
• Conduct Entity Resolution Validation, evaluating matching/linkage methodologies, identity resolution logic, data inputs, thresholds, false positives/negatives, and overall model effectiveness.
• Independently challenge model development approaches and provide clear, defensible validation conclusions and recommendations.
• Review model documentation, source data, feature engineering, testing results, controls, and implementation processes.
• Conduct quantitative analysis using tools such as Python, SQL, R, or similar technologies.
• Evaluate model performance, stability, bias, drift, benchmarking, and sensitivity where applicable.
• Develop comprehensive validation reports and clearly communicate findings, risks, and remediation recommendations to technical and business stakeholders.
• Apply model risk management principles and regulatory guidance such as SR 11-7 / OCC 2011-12 and related financial-services risk frameworks.

Required Experience

• Strong hands-on experience performing independent model validation within banking, financial services, fraud, AML, risk, or a highly regulated environment.
• Demonstrated experience specifically with Fraud Model Validation.
• Demonstrated experience with Entity Resolution / Entity Matching Model Validation.
• Ability to provide specific examples of prior validation projects, including:
  • Models or solutions validated
  • Validation methodology used
  • Testing and challenge techniques performed
  • Key issues or weaknesses identified
  • Recommendations or remediation provided
  • Lessons learned from previous engagements
• Strong understanding of model risk concepts including data quality, conceptual soundness, outcomes analysis, benchmarking, sensitivity testing, limitations, governance, and ongoing monitoring.
• Experience working with statistical, machine learning, AI, or analytical models.
• Strong Python/SQL and quantitative analytical capabilities preferred.
• Excellent written communication and ability to produce audit- and regulator-ready validation documentation.

Ideal Background

Candidates may come from Model Risk Management, AI/ML Model Validation, Fraud Analytics, Financial Crime Risk, Quantitative Risk, Data Science, or Regulatory Examination backgrounds. Experience validating models in large banks, financial institutions, consulting firms, or regulated enterprises is highly preferred.