Model Validation Director

The Model Validation Director is expected to lead and execute model validation testing processes on systems that support Financial Crime programs, including transaction monitoring, customer risk assessment/rating, fraud detection, and watchlist screening/interdiction systems. Responsibilities Design and/or update testing strategies (e.g., data quality testing, data reconciliation, above‑the‑line and below‑the‑line testing, statistical analysis) to aid the independent validation of financial crime detection and sanctions screening models. Conduct conceptual design reviews, control operating effectiveness testing, and issue validation testing. Execute analytical projects in collaboration with senior stakeholders and clients to deliver value to financial institution clients. Perform model validation, implementation, tuning, and optimization of AML and sanctions models on and off site. Issue workpapers and written reports, and communicate results with customers. Conduct data validation exercises such as data quality testing and data reconciliation. Develop test scripts corresponding to the scope of the testing engagement and business expectations. Conduct statistical analysis, outlier detection, sensitivity analysis, above‑the‑line and below‑the‑line testing on financial transaction data, transaction monitoring alert data, and sanctions screening alert data. Track and validate the implementation of remedial actions submitted by remedial action owners, and follow up as necessary. Monitor regulatory activities and industry developments to identify emerging issues that may impact clients and require changes to the compliance testing program. Build, enhance, or localize model risk management programs including coverage assessments, change management, access management procedures, internal controls, and transaction monitoring and watchlist systems. Assist clients with day‑to‑day compliance requirements and serve as subject‑matter expert. Assist in cultivating new business with existing and new clients, participating in proposal development and networking. Qualifications Bachelor’s degree or higher in Data Management/Analytics, Finance, Computer Science, Management Information Systems, or Statistics/Mathematics. 5+ years of experience within the Financial Crime industry. 5+ years of model validation, AML system implementation, data lineage, or quality testing experience. Basic knowledge of the software development lifecycle. Demonstrated experience with data extraction and analysis tools (SQL, Python). Demonstrated experience with independent testing of models, including understanding of risks/controls and documentation within workpapers. Experience executing model validations of financial crime systems such as Verafin, Actimize, BAM/BAM+, YellowHammer, FCRM, FinanSeer, FiServ, Lexis Nexis Bridger, FircoSoft, Quantexa, Palantir, Accuity, RDC, and others. Knowledge of banking and compliance systems. Strong organizational, interpersonal, presentation, communication, teamwork, and customer‑service skills. Strong analytical and project management skills. Knowledge of data cleansing and integration in Python and/or SQL. Ability to work with IT and business personnel. Preferred Prior professional services/consulting firm experience. Experience visualizing and communicating analytical results using Tableau, Power BI, Cognos, QlikView, Spotfire, or D3. Authorization Applicants must be authorized to work in the U.S. without sponsorship now or in the future. Compensation Range For roles in California, Colorado, or New York, a competitive compensation range of $85,000 to $200,000 is provided. This range is an estimate and is not a promise of salary. EEO Statement Ankura is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Accommodation Contact For individuals with a disability, if you believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email View email address on click.appcast.io or call toll‑free View phone number on click.appcast.io. #J-18808-Ljbffr