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Aml Model Validation Jobs in Oregon (NOW HIRING)

Maps Credit Union

Financial Advisor

Salem, OR · On-site

Whether you prefer a salary-plus-bonus structure or a traditional grid compensation model, this ... Valid driver's license and ability to travel locally for client meetings. * Must be bondable.

Maps Credit Union

Financial Advisor

Salem, OR · On-site

Whether you prefer a salary-plus-bonus structure or a traditional grid compensation model, this ... Valid driver's license and ability to travel locally for client meetings. * Must be bondable.

All JobsAml Model Validation JobsAml Model Validation Jobs in Oregon

Aml Model Validation information

What are the key skills and qualifications needed to thrive as an AML model validation analyst, and why are they important?

To excel in AML Model Validation, you typically need a strong background in quantitative analysis, statistics, and experience with anti-money laundering regulations, often supported by a degree in finance, mathematics, or a related field. Familiarity with statistical software (such as SAS, R, or Python), model validation frameworks, and knowledge of regulatory guidelines like those from the OCC or FFIEC are important. Strong analytical thinking, attention to detail, and clear communication skills set outstanding professionals apart in this role. These competencies are crucial for ensuring AML models are accurate, compliant, and effective in detecting suspicious financial activities.

What is AML model validation?

AML model validation is the process of evaluating and testing anti-money laundering (AML) models to ensure they are accurate, effective, and compliant with regulatory standards. This involves examining the model’s design, data inputs, performance metrics, and overall effectiveness in detecting suspicious activities. Regular validation helps to identify weaknesses, reduce false positives or negatives, and ensure that the model adapts to evolving risk scenarios. Financial institutions are required by regulators to validate their AML models regularly to mitigate risks and maintain robust compliance programs.

What are some common challenges faced by professionals in AML model validation roles, and how can they be addressed?

Professionals in AML Model Validation often encounter challenges such as ensuring models remain effective against evolving financial crime techniques and managing the complexity of regulatory expectations. They must regularly update and back-test models to address changes in transaction patterns and compliance requirements, which can be resource-intensive. Collaboration with data scientists, risk management teams, and compliance officers is crucial for interpreting results and implementing improvements. Staying current with regulatory guidance and industry best practices helps address these challenges and supports career advancement in this dynamic field.

What is the difference between Aml Model Validation vs Aml Analyst?

AspectAml Model ValidationAml Analyst
CertificationsAML certifications, model validation trainingAML certifications, compliance training
Work EnvironmentModel validation teams, risk management departmentsCompliance departments, financial institutions
Primary FocusValidating AML models, ensuring accuracy and effectivenessMonitoring transactions, investigating suspicious activities
Industry UsageFinancial institutions, banks, fintechsFinancial institutions, banks, regulatory agencies

While both roles operate within AML frameworks, Aml Model Validation focuses on testing and validating AML models to ensure they work effectively, whereas Aml Analysts handle daily transaction monitoring and investigations. The validation role emphasizes model accuracy and compliance, while analysts focus on detecting and reporting suspicious activities.

What are popular job titles related to Aml Model Validation jobs in Oregon? For Aml Model Validation jobs in Oregon, the most frequently searched job titles are:
What job categories do people searching Aml Model Validation jobs in Oregon look for? The top searched job categories for Aml Model Validation jobs in Oregon are:
What cities in Oregon are hiring for Aml Model Validation jobs? Cities in Oregon with the most Aml Model Validation job openings:
Aml Model Validation jobs near you

Financial Crimes Model Validation Consultant

Treliant LLC

On-site, Remote

$150/hr

Temporary

Medical, Retirement, PTO

Re-posted 10 days ago

Job description

Overview

Treliant is an essential consulting firm serving banks, mortgage originators and servicers, fintechs, and other companies providing financial services globally. We are led by practitioners from the industry and the regulatory community who bring deep domain knowledge to help our clients drive business change and address the most pressing compliance, regulatory, and operational challenges.We provide data-driven, technology-enabled consulting, implementation, staffing, and managed services solutions to the regulatory compliance, risk, credit, financial crimes, and capital markets functions of our clients.Founded in 2005, Treliant is headquartered in Washington, DC, with offices across the United States, Europe, and Asia.

Treliant is committed to fostering a diverse, equitable and inclusive environment that values and embraces all races, religions, ages, abilities, genders, sexual orientations, ethnicities, languages, nationalities, political parties, socioeconomic groups and other characteristics that inform an individual's worldview, experiences and system of beliefs ("the principles"). We believe in championing every voice and ensuring everyone's full potential.

Treliant's Financial Crimes and Fraud Services business unit is looking for experienced Financial Crimes Model Validation Consultants for remote, project based engagements with key clients.

Responsibilities

While the scope of each project may be different, your duties & responsibilities may include: 

  • Perform model validation on AML transaction monitoring, sanctions and other financial crimes systems according to regulatory specifications.
  • Analyze and interpret data quality issues, identify remediation, and track to resolution.
  • Draft validation methodology and model documentation as well as change management documentation, as appropriate.
Qualifications
  • Bachelor's Degree in Finance, Business, Economics, Data Sciences or Mathematics / Statistics.
  • Minimum 7+ years of data analytics and model validation experience managing compliance software/system development projects in a matrixed environment within the banking or brokerage industries or comparable large company/consulting organizations.
  • Certified Anti-Money Laundering Specialist (CAMS) a plus.
  • Extensive direct knowledge of AML transaction monitoring systems, preferably Mantas, Prime, Actimize and FCRM experience with AML transaction monitoring data and data analysis.
  • Demonstrated experience with Oracle, SQL, etc. and hands-on data science experience.
  • Subject Matter expert in AML transaction monitoring covering various business lines such as correspondent banking, lending, trade finance, etc.
  • Strong statistical & analytical background; experience in performing data analysis to accurately identify critical data elements.
  • Experience building custom scenarios from technical specifications.
Benefits

Primary Location: Remote

Primary Location Salary Range: $60/hr - $150/hr

Treliant offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefit package that reflects our commitment to creating a diverse and supportive workplace.  In addition to a competitive base salary, candidate is eligible for incentive pay as well as a full range of health benefits, vacation plan, and 401k plan.

If you want to be part of a dynamic team of professionals, we invite you to join the team at Treliant.  We invest in people, and challenge you to advance your career while achieving your aspirations and goals.  Here at Treliant, we pride ourselves on our collaborative team culture, where we embrace diversity of thought and innovation.  If you strive for excellence and seek an inclusive environment apply on line treliant.com and follow us on LinkedIn. 

Right to Work

Treliant is not in the position to provide sponsorship for this current position and so applicants must be able to work in the United States without requiring sponsorship.

Please note, Treliant receives a high volume of applications for all roles. While we will endeavor to respond to all applicants, this is not always possible. Should you not receive a response to your application within 2 weeks, it is likely that you will have been unsuccessful on this occasion. However, we would like to retain your details on our systems and may contact you should another potentially suitable vacancy arise.

Treliant LLC is an Equal Opportunity Employer and does not discriminate on the basis of race, color, national origin, sex, sexual orientation, genetic information, religion, age, disability, or military status in employment or provision of services. When contacted for an interview, an applicant who requires special accommodations due to a disability should notify the office so that proper arrangements can be made.

Employment Type: TEMPORARY

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