Model Risk Control Specialist
Core
Director-level role governing, monitoring, and documenting Financial Crime Compliance models (AML, sanctions, trade surveillance) to detect illegal behaviors and meet regulatory expectations.
Role type
Director, Model Risk Control Specialist (Non-Financial Risk)
Builds
Governance frameworks, monitoring controls, and documentation for Trade Surveillance, Transaction Monitoring, and Sanctions screening models.
Domain
Financial Services / Financial Crime Compliance / Regulatory Risk
Deliverable
production ML models | dashboards & analysis
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
Preferred skills
Vendor solution evaluation, challenger model design, visualization tools (Power BI, Tableau)
Technologies
SQL, Python, Excel, Power BI, Tableau
Responsibilities
Draft and maintain model documentation across the lifecycle; Establish and execute ongoing model monitoring controls; Support model tuning and optimization for surveillance and sanctions models; Oversee and challenge model testing performed by developers and vendors; Perform 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, strategy & mentorship