Sr. Associate - AML Model Development - Expertise in data analysis and modeling with SQL and Python (Apply in minutes)

Sr. Associate - AML Model DevelopmentBoston, United States of AmericaThe Sr. Associate, AML Model Development ensures adherence to the policies andprocedures established by the company. Manages policy, standard definition andmonitoring of policy, standard implementation, ensuring harmonization andconsistency of risk policies. Monitors and manages riskexposure andcompliance with the companys policies. Identifies, manages and reports on thecompanys risk areas. Evaluates the adequacy and effectiveness of data,document retention, and monitors systems.This position is required to perform analytical research in support of aCompliance Department including the design, development, and implementation ofinformation-based business solutions; developing complex inquiries with SQL,Python, and ETL to perform analyses of the underlying data in systems andhighlight trends, issues, and findings; providing requisite information insupport of independent audit activities; serving as a key Subject MatterExpert in the implementation of new technology initiatives to enhance datarepositories, reporting, analytics, and overall program; and developingreporting solutions, including designing stored procedures, view queries, andtable.

• Essential FunctionsResponsibility Statements :
• Collaborates with Model Owners, Model Risk Management, and various stakeholders throughout the organization to translate business requirements to technical requirements for model development, enhancement, tuning, optimization, and monitoring of model performance.
• Assess model health within a given framework using statistical methods, evaluation of assumptions, and drive timely remediation efforts.
• Execute on Book of Work for Compliance Risk Models, support project implementation impacting Compliance and its areas of oversight and collaborate with SHUSA and its subsidiaries to design various performance metrics.
• Ensure that all the company’s activities adhere to the necessary rules and regulations, and that the company complies with legalregulatory statutes and jurisdictions and provide requisite information in support of independent audit activities.
• Perform analytical research in support of the Compliance Department, with a strong focus on AMLBSA, including the design, development, and implementation of information-based business solutions.
• Develop complex inquiries with SQL, Python and ETL to perform analyses of the underlying data in our systems and highlight trends, issues, and findings. Develop reporting solutions, including designing stored procedures, view queries, and tables.
• Serve as a key Subject Matter Expert in the implementation of new technology initiatives to enhance the Compliance data repositories, reporting, analytics, and overall program with a strong focus on AMLBSA compliance.Qualifications : To perform this job successfully, an individual must be ableto perform each essential duty satisfactorily. The requirements listed beloware representative of the knowledge, skill, andor ability required.Reasonable accommodations may be made to enable individuals with disabilitiesto perform the essential functions.
• Education :
• Bachelors Degree or equivalent work experience : Mathematics, Physics, Statistics or equivalent quantitative field.
• Master’s degree in Computer Information Systems, Business Analytics, or related field
• Work Experience :
• 9 years
• AMLOFAC exposure, Model Development experience
• Skills and Abilities :
• Experience in model development, tuning, and optimization of AFCAML models.
• Strong experience in Python, SQL, statistical methods and model development in cloud environments.
• Experience in handling large datasets and have performed data analysis to identify patterns and trends.
• Experience in performing time series and develop ongoing performance monitoring reports (OPM).
• Knowledge of banking regulatory environment and impact on risk, management practices.
• Successful track record in achieving outstanding levels of delivery, performance, challenge, and oversight.
• Ability to lead complex projects with outstanding awareness of the Operational Risk associated.
• Adherence to the Code of Conduct, assigned Risk Tolerance or Mandates and all organizational policies and procedures applicable. Diversity & EEO Statements : At Santander, we value and respect differences inour workforce and strive to increase the diversity of our teams. We activelyencourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants willreceive consideration for employment without regard to race, color, religion,sex, sexual orientation, gender identity, national origin, genetics,disability, age, veteran status or any other characteristic protected by law. Employer Rights : This job description does not list all of the job duties ofthe job. You may be asked by your supervisors or managers to perform otherduties. You may be evaluated in part based upon your performance of the taskslisted in this job description. The employer has the right to revise this jobdescription at any time. This job description is not a contract for employmentand either you or the employer may terminate at any time for any reason.
• Primary Location :
• Boston, MA, Boston
• Other Locations :
• Massachusetts-Boston,Florida-Miami,Texas-Dallas,NewJersey-Florham ParkSalary : $108,750 - $195,000year

Salary : $108,750 - $195,000