AML Model Validation Manager

The AML Model Validation Manager will lead the independent validation of Anti-Money Laundering (AML) and financial crime detection models across global entities. This role will oversee a team of validation professional and ensure regulatory compliance through rigorous model review, testing, and documentation. The position requires deep technical expertise in Python and SQL, combined with strong knowledge of AML/financial crime regulations and model risk management principles.

Key Responsibilities

Team Leadership & Management

• Supervise, mentor, and develop a team of 2 model validation analysts
• Assign validation projects based on team capabilities and priorities
• Conduct performance evaluations and provide ongoing coaching and technical guidance
• Foster a culture of continuous learning and technical excellence within the team

Model Validation Execution

• Lead independent validation of models across multiple domains:

• Money Movement/Transaction Monitoring scenarios
• Trade Surveillance models (market abuse, insider trading, manipulation)
• Sanctions screening
• Geographic Risk Rating (GRR) models
• Customer Risk Rating (CRR) models

• Perform comprehensive validation assessments including conceptual soundness, data integrity, model methodology, performance testing, and ongoing monitoring review
• Develop and execute validation test scripts using Python and SQL to assess model accuracy, calibration, and performance
• Validate model assumptions, logic, thresholds, and segmentation approaches
• Assess model governance, documentation, and change management processes

Technical Analysis

• Extract, manipulate, and analyze large datasets using Python and SQL
• Develop Python scripts for statistical testing, back-testing, and sensitivity analysis
• Replicate model logic and perform independent calculations to verify sample model outputs
• Conduct outcome analysis and effectiveness testing of surveillance alerts
• Perform false positive/false negative analysis and assess model tuning effectiveness
• Validate data quality, completeness, and appropriateness for model inputs

Regulatory Compliance & Reporting

• Ensure validation activities meet regulatory requirements from SR 11-7, OCC 2011-12
• Prepare comprehensive validation reports documenting findings, limitations, and recommendations
• Present validation results to Regional and Global AML senior management
• Support regulatory examinations and respond to regulatory inquiries regarding model validation
• Stay current on regulatory guidance, industry best practices, and emerging AML typologies
• Enhance validation methodologies, tools, and automation capabilities
• Contribute to validation framework development and standard operating procedures

Preferred Qualifications:

• Bachelor's degree in Computer Science, Data Science, Statistics, Mathematics, Finance, or related quantitative field
• 7+ years of experience in model validation, model development, or quantitative analysis
• 3+ years of specific experience in AML/financial crime model validation or development
• 2+ years of people management or team leadership experience
• Deep understanding of AML/BSA regulations, OFAC sanctions, and financial crime typologies
• Knowledge of model risk management frameworks and regulatory guidance (SR 11-7, OCC 2011-12)
• Advanced proficiency in Python and NoSQL for data analysis, statistical testing, and model validation
• Experience working with Pandas and Numpy
• Expert-level SQL skills for complex data extraction, manipulation, and analysis
• Strong statistical and quantitative analysis capabilities
• Self-motivated and able to handle tasks with minimal supervision.
• Superb analytical and problem-solving skills.
• Excellent collaboration and communication (Verbal and written) skills.
• Outstanding organizational and time management skill.

Company Benefits & Perks:

• Competitive salary package.
• Performance based annual bonus (cash and stocks).
• Hybrid working model (3 days office/week).
• Group Medical & Life Insurance.
• Modern offices with free amenities & fully stocked cafeterias.
• Monthly food card & company paid snacks.
• Hardship/shift allowance with company provided pickup & drop facility*
• Attractive employee referral bonus.
• Frequent company sponsored team building events and outings.

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.