VP, Financial Crimes Modelling

Madison-Davis, LLC; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

A leading international investment bank is seeking a VP, Financial Crime Compliance – Model Optimization & Analytics professional. This hybrid role in New York involves designing AI-driven transaction monitoring systems and conducting assessments to ensure compliance with regulatory standards. The position offers a competitive compensation package and a chance to work on impactful compliance initiatives in a rapidly expanding team.

Qualifications

• Experience in designing and implementing transaction monitoring systems.
• Strong background in quantitative analysis and risk assessment methodologies.
• Familiarity with regulatory standards and requirements.

Responsibilities

• Design and implement AI-enabled transaction monitoring systems.
• Optimize FCC models using quantitative analysis.
• Lead assessments of transaction monitoring risks.

Skills

AI-enabled Transaction Monitoring

Quantitative analysis

AML compliance

OFAC frameworks

Job description

A leading international investment bank headquartered in Midtown Manhattan to help them hire a VP, Financial Crime Compliance – Model Optimization & Analytics professional. The team has been expanding rapidly and is focused on AI-based transaction monitoring, model tuning, and analytics across AML and OFAC frameworks, making this a great opportunity to work on high-impact compliance initiatives. The role is hybrid (2–3 days in office) and offers a highly competitive compensation package.

Overview

• Design, customize, and implement AI-enabled Transaction Monitoring, transaction screening, and customer screening systems, ensuring alignment with the organization’s risk profile and effective identification of suspicious activity.
• Perform periodic and event-driven tuning and optimization of FCC models using quantitative analysis and ATL/BTL methodologies to set appropriate thresholds and configurations, informed by AML and OFAC risk assessments.
• Lead Transaction Monitoring Risk and Typology Coverage Assessments, maintaining an inventory of regulatory, FATF, and law-enforcement-identified risks and typologies, and mapping them to applicable products and services.
• Conduct Productivity and effectiveness assessments to evaluate the ongoing relevance of detection scenarios, rules, thresholds, parameters, and underlying assumptions.
• Perform annual reviews of customer risk rating models, including inputs and threshold calibration, to ensure continued alignment with regulatory expectations and the institution’s risk profile.