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As the AVP/VP of Compliance Data Analytics, you will serve as the technical lead for the bank's transaction monitoring systems. Your primary remit is to ensure that the automated systems used to detect money laundering and fraud are effective, accurate, and compliant with regulatory standards (NYDFS/OCC).
Job Responsibility:
System Optimization: Lead the tuning and calibration of transaction monitoring rules (specifically within AML platforms like NICE Actimize) to reduce false positives and capture genuine risks
Data Detective Work: Utilize advanced SQL, Python, and SAS to extract, mine, and analyze large datasets, identifying emerging trends in financial crime
Model Validation: Execute below-the-line testing and sensitivity analysis to validate that current detection models are performing as intended
Visualization & Reporting: Design and maintain dynamic dashboards (using Tableau or Power BI) to visualize risk exposure and system performance for senior management
Cross-Functional Bridge: Act as the translator between the IT engineering teams and the Compliance officers, ensuring technical implementations match regulatory intent
Requirements:
5-8 years of experience in Data Analytics, with a specific focus on Financial Crimes, AML, or Compliance Technology within the banking or consulting sector
Advanced proficiency in SQL is mandatory
Strong working knowledge of Python or R for data analysis is highly preferred
Experience with Tableau or similar visualization tools is required
Hands-on experience with AML transaction monitoring systems (e.g., NICE Actimize, Oracle Mantas, SAS AML) is a significant advantage
A solid understanding of BSA/AML regulations, OFAC sanctions, and the USA PATRIOT Act
Bachelor’s or Master’s degree in a quantitative field (Computer Science, Statistics, Mathematics) or Finance
CAMS (Certified Anti-Money Laundering Specialist) certification is a plus
Proven ability to explain complex technical data concepts to non-technical stakeholders and regulatory examiners
Nice to have:
CAMS (Certified Anti-Money Laundering Specialist) certification is a plus