Model Risk Control Specialist
Core
Strengthen governance, monitoring, and documentation of Financial Crime Compliance models (AML, sanctions, trade surveillance) to meet regulatory expectations and enhance model performance.
Role type
Director-level Model Risk Control Specialist (Financial Crime Compliance)
Builds
Surveillance models, transaction monitoring systems, and sanctions screening tools for detecting financial crimes.
Domain
Financial Services / Regulatory Compliance / Financial Crime
Deliverable
production ML models
Required skills
Model lifecycle documentation, model monitoring and performance analysis, root-cause analysis, model tuning and optimization, regulatory standards knowledge (SR 11-7 / OCC 2011-12), stakeholder management, data analysis (SQL, Python, Excel), reporting and governance.
Preferred skills
Vendor management, challenger model design, visualization tools (Power BI, Tableau), ML/AI approach familiarity.
Technologies
SQL, Python, Excel, Power BI, Tableau
Responsibilities
Draft and maintain comprehensive model documentation across the model lifecycle; Establish and execute ongoing model monitoring controls; Support model tuning and optimization for Trade Surveillance, Transaction Monitoring, and Sanctions screening models; Oversee and challenge model testing performed by developers and vendors; Perform and/or manage periodic assessments and above-/below-the-line testing; Conduct research on emerging modeling approaches and regulatory expectations; Lead root-cause analysis for model performance anomalies; Manage model governance processes including inventory updates and reporting.
Seniority
Director, hands-on IC with strategic oversight
