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Aml Model Validation Jobs in Texas (NOW HIRING)

Sunflower Bank NA

Model Risk Analyst

Dallas, TX · Hybrid

... validation, and ongoing monitoring of quantitative models. This role ensures that models-used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML-are conceptually sound ...

Sunflower Bank NA

Model Risk Analyst

Dallas, TX · On-site

... validation, and ongoing monitoring of quantitative models. This role ensures that models-used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML-are conceptually sound ...

Sunflower Bank, N.A.

Model Risk Analyst

Dallas, TX · On-site

... validation, and ongoing monitoring of quantitative models. This role ensures that models--used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML--are conceptually sound ...

Synchrony

AVP, AML Governance Manager

Dallas, TX · On-site

Gather, validate, and consolidate reporting inputs from across AML functions. * Monitor key ... operating model), including planning, execution tracking, and stakeholder coordination.

Citigroup, Inc.

VP Senior AI/AML Engineer

Irving, TX · On-site

$125K - $188K/yr

Partner with Risk, Compliance, and Model Governance teams to support MRM validation and approvals ... Knowledge of AML systems, financial crime detection, or compliance workflows * Experience ...

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

Model Risk Analyst

Sunflower Bank NA

Dallas, TX • Hybrid

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 days ago

Job description

Description

At Sunflower Bank, N.A., we're experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it's what we do every day for clients and associates. Learn more about Sunflower Bank, N.A. at sunflowerbank.com. 


Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Model Risk Analyst at our Dallas, TX location.


Hybrid options available.


Description:

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program, focusing on the annual assessment process, maintaining the model inventory, assisting in planning model validation, independent validation, and ongoing monitoring of quantitative models. This role ensures that models-used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML-are conceptually sound, documented according to policy, and compliant with regulatory standards (e.g., SR 26-2).


Primary Responsibilities


  • Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.). Assist in model identification, classification, and risk rating.
  • Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation.
  • Ensure key details (assumptions, inputs, purpose, limitations) are clearly recorded in model documentation.
  • Perform hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics.
  • Conduct annual reviews and write annual review reports.
  • Act as a key point of contact with model developers and owners to discuss validation findings and provide "effective challenge".
  • Support requests received from third parties and Internal Audit related to model risk.
  • Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
  • Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines.
  • Perform other duties as assigned.


Education / Experience


  • Bachelor's degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field; master's preferred.
  • A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines. 
  • Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replication.
  • Advanced Excel skills, conditional formatting, and/or data analysis tools, and familiarity with data visualization tools.
  • Excellent written and verbal communication skills, with the ability to explain complex technical concepts to non-technical stakeholders.


Pay is dependent on knowledge, skills, abilities, experience, and location.


Working Conditions


The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus. 


Sunflower Bank Benefits


People choose to "bank" with us, but for those we serve, we're more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team.


Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are: 

  • Rooted in Strength 
  • Propelled by Growth 
  • Individuals in a Great Whole 
  • Creating Possibility 
  • Community Focused 


Associates enjoy outstanding benefits, including: 

  • 401(k) Plan with 6% Match 
  • Health/Dental/Vision Insurance 
  • Company-paid Life Insurance 
  • Tuition Reimbursement 
  • Fitness Reimbursement 
  • Paid Time Off 
  • Volunteer Leave 
  • Paid Holidays 
  • Plus many more associate perks & incentives! 


If you qualify, apply online at www.sunflowerbank.com/careers. 


You've never worked anyplace like Sunflower Bank!


EOE/AA: Minorities/Females/Disabled/Vets


Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.


Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.


If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location-specific notices is available on our privacy policy.



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