Optimization and KYC Model Risk Analyst, Associate/AVP
Posted on: October 19, 2019
Discover your opportunity with Mitsubishi UFJ Financial Group
(MUFG), the 5th largest financial group in the world (as ranked by
S&P Global, April 2018) with total assets of over $2.9 trillion
(106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more
than 50 countries. In the U.S., we?re 13,000 strong, working
together to positively impact every customer, organization, and
community we serve. We achieve this by delivering on our values,
putting people first, fostering long-term relationships built on
honesty and mutual understanding, and inspiring the best in each
other. This is all part of our inclusive, high-performing culture
supported by Total Rewards that include our cash balance pension
plan. Join a team that?s working to fulfill its vision to be the
world?s most trusted financial group.?Do you want to make a
difference? Are you looking for a new challenge and opportunity?
?Reporting to the Director of Optimization and Model Risk Programs
in Analytics and Informatics (AI) of Financial Crimes Office
Americas (FCOA), Global Financial Crimes Division (GFCD). You will
assist in the ongoing management of the program related to
BSA/AML/OFAC tools. Your work efforts include tuning and
optimization of models and business rules (including Foreign
Correspondent Banking) used by transaction monitoring systems.
Perform risk analysis/review SAR filings and case investigations to
identify risk exposure and underlying suspicious activity
typologies. Coordinate and track work items, documentation of work
products, assist with Committee level administration, and perform
on-going analysis of effectiveness of AML monitoring systems. The
Analyst will also assist with ongoing model risk management for
FCOA?s portfolio of models, including model documentation, ongoing
model performance monitoring, and model validation in coordination
with America?s Model Risk Management.Are you ready to make a
positive impact? ?Assist in the analysis for tuning and
optimization of scenarios used for monitoring of potential
- You will perform above-the-line and below-the-line analysis and
preparing/presentation of results to Committee.
- Provide support in the administration of the tuning and
optimization program, including policies and procedures, leading
the weekly work efforts, tracking and reporting of work items,
prepare and present to Committee, and organization of monthly
Committee meeting and taking minutes.
- Document and ensure models are in compliance with Model
Governance Policies on Change Management, Model Performance and
- You will assist in the creation of Model Owner documentation as
required and in accordance with AMRM?s guidelines.
- You will work with model users to ensure adequate testing and
documentation of performance monitoring.
- Provide assistance in the execution and ongoing compliance for
Americas with Global Transaction Monitoring and Suspicious Activity
Report Standard and Global Correspondent Banking Standard for AML
- Build and maintain positive relations within FCOA, AMRM, and
GFCD global teams, and model users. ? ? Qualifications: Do you have
the following skills?
- A Bachelor?s degree in quantitative fields, such as economics,
mathematics, statistics, and computer science/engineering or other
- Minimum of 5 years of experience with at least 2 years of
direct related experience in tuning and optimization of BSA/AML
transaction monitoring systems.
- Model risk management experience in BSA/AML/OFAC, a plus.
- Statistical modeling/data mining (decision tree, logistic
regression, cluster analysis, etc.) experience related to BSA/AML
in the banking industry.
- Experience accessing and analyzing large volumes of data using
SQL, SAS, SAS Enterprise Guide, and SAS EMiner,
- Other Technical Skills Preferred: Advanced or working knowledge
in programming (MS SQL and Access, ASP.NET, C#, Visual Basic, HTML,
suite, MS Project, MS Visio) a plus.The above statements are
intended to describe the general nature and level of the work being
performed. They are not intended to be construed as an exhaustive
list of all responsibilities, duties, and skills required of
personnel so classified.We are proud to be an Equal
Opportunity/Affirmative Action Employer and committed to leveraging
the diverse backgrounds, perspectives and experience of our
workforce to create opportunities for our colleagues and our
business. We do not discriminate in employment decisions on the
basis of any protected category. A conviction is not an absolute
bar to employment. Factors such as the age of the offense, evidence
of rehabilitation, seriousness of violation, and job relatedness
are considered in all employment decisions. Additionally, it?s the
bank?s policy to only inquire into a candidate?s criminal history
after an offer has been made. Federal law prohibits banks from
employing individuals who have been convicted of, or received a
pretrial diversion for, certain offenses.??
Keywords: MUFG, Columbia , Optimization and KYC Model Risk Analyst, Associate/AVP, Professions , Charlotte, South Carolina
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