Purpose of Role
The Data Engineer will support the AML and Sanctions Technology Officer with technology matters including systems implementations.
Major Responsibilities
- Assist in ensuring scenario requirements, solutions and related documentation are in line with the technical standards of the program.
- Assist with the enhancement, testing, tuning, and validation of the transaction monitoring process.
- Perform the execution of the data lineage/data quality testing, data validation on the minimum payment transparency standard for the Branch and produce the relative reports.
- Coordinate the implementation of PRIME with the vendor to ensure that the new system adequately provides an effective, risk-based transaction monitoring system. Oversee rules selection, testing, and thresholds.
- Develop detailed project plans including resource plans. Manage projects from initiation to successful completion.
- Set project timelines that are consistent with technical objectives.
- Identify and escalate issues to the AML and Sanctions Technology Officer.
- Build effective partnerships with the Business Units and IT.
- Assist in preparation and compilation of MIS report.
- Govern the design, development, implementation, testing and use of any anti- money laundering("AML"), Sanction/ filtering and customer risk rating ("CRR") models within The Bank’s NY Branch.
- Responsible any issues that may arise during the life cycle of the model, including documentation, pre-implementation testing, remediation of issues and on-going monitoring.
- Develop procedure and create metrics to identify the risk tier for each model, further conduct risk rating of each model.
- Maintain the documentations along with the life cycle of each model, including all changes related to models.
- Review and assist in approving the outcomes changes and remediation plans from Model Validation and Annual Model Review.
- Report to the Compliance senior management about the progress of model risk management escalate issues to the Compliance senior management for information/decision.
- Build effective partnerships with the Business Units and IT.
- Create/Modify multiple sheets in Excel as workpaper evidence
- Create/Modify/Execute R, Python scripts
- Create/Modify/Execute SQL scripts
Skills, Competencies, and Experience Preferred
- Bachelor's degree
- Experience in the field of AML Transaction Monitoring
- Experience managing multiple delivery teams
- Experienced in the field of AML Transaction Monitoring, AML and Sanctions Screening, or other major Compliance functions
- Experience with scenario development, AML model reviews, threshold tuning, initial threshold setting or optimization support
- Hands-on experience with transaction monitoring and sanctions technology platforms
- Hands-on experience with multiple database technology platforms
- Strong communications skills, including presentations to senior management
- Strong background in integrating different technologies and knowledge of industry standard
- Understand/experienced use of FIS Prime Reporter, SQL databaser
- Programming skills, SQL scripting, Python and R
Permanent Placement
Salary $65,000
