AML Model Validation and Testing Manager

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At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry.

Job Description:

The AML Model Validation and Testing Manager is expected to lead and execute model validation testing processes on systems which support Financial Crime programs, including transaction monitoring, customer risk assessment/rating, fraud detection and watchlist screening/interdiction systems.

Responsibilities will include designing and/or updating testing strategies (e.g., creation of or enhancement to risk and control matrices) which will aid in the independent testing of these systems. Testing could include control conceptual design testing, control operating effectiveness testing, and/or issue validation testing. Candidates will be required to execute analytical projects working closely with senior stakeholders and clients to deliver value to financial institution clients. Testing in the Model Validation domain will include:

• Review of model governance, including processes surrounding their effectiveness
• Critical challenge of model design and development
• Testing of data inputs, including data quality issues, data mapping, ETL processes, balancing and reconciliation controls, data lineage, throughput, and backtesting
• Testing that the model logic is working as intended
• Assessment of model user access controls, key performance indicators (KPIs), and alert review processes
• Evaluation of model performance, including tuning and sanctions sensitivity testing
• Documentation of testing using standardized work papers and model validation reports and other client deliverables
• Engagement Management: provide oversight and guidance to the testing team for efficient engagement delivery, maintain engagement budget, provide timely reporting of engagement progress to the client and engagement executive.

Qualifications:

• Bachelor's and/or advanced degree with a concentration in Data Management or Analytics; Finance; Computer Science, Management Information Systems, or Statistics/Mathematics.
• 4+ years of experience within the Financial Crime industry.
• 4+ years of model validation, AML system implementation, data lineage, or quality testing experience.
• Basic knowledge of the software development lifecycle.
• Demonstrated experience with data analysis, business analysis, and data validation, activities with financial services institutions.
• Demonstrated experience with performing independent testing on models, including an understanding of risks/controls and experience documenting testing within workpapers.
• Experience executing model validations of financial crime systems, including but not limited to: Verafin, Actimize, BAM/BAM+, YellowHammer, FCRM, FinanSeer, FiServ, Lexis Nexis Bridger, FircoSoft, Quantexa, Palantir, Accuity, RDC, and others.
• Demonstrated experience and knowledge of banking and compliance systems.
• Demonstrated experience working in a results-driven environment within a team environment.
• Strong organizational, interpersonal, and presentation skills.
• Ability to actively engage with stakeholders to collect information, and issues, and make recommendations for business and process improvements.
• Highly effective verbal and written communication skills and the ability to interact with all levels of management.
• Strong teamwork, communication, and customer service skills.
• Strong analytical, attention to detail, organizational, and core project management skills.
• Possesses knowledge of the challenges of data cleansing and integration.
• Ability to work with IT and business personnel.
• Travel up to 60% as required by client needs.

Preferred:

• Prior professional services/consulting firm experience
• Experience with data extraction and analysis tools such as SQL/Python.
• Experience with visualizing and communicating analytical results using technologies such as Tableau, Power BI, Cognos, QlikView, Spotfire, and D3

Build a Successful Future in Consulting

At Crowe, Consulting professionals provide thought leadership, process expertise, and technology insight in order to help clients identify, assess, evaluate, and reduce risks. Our Consulting professionals serve large organizations across many industries in an environment where innovation and new ideas are highly encouraged. Through various programs, we provide you with learning and reinvention through high-impact formal and systemic training, including industry, solution, technology, and consulting training, as well as certification. You will be part of a strong global team environment with a fast-paced, challenging, and collaborative setting.

At Crowe, we strongly endorse an open door policy. Our partners are approachable and accessible across the entire organization. Our team-based culture encourages partners to be in touch with our professionals and active on client projects. The partners of our company lead by example and maintain a strong two-way channel of communication with their teams. We strive to create an environment that is relaxed, fun, dynamic and fulfilling. Our team-based culture has not only resulted in successful projects, but in long lasting friendships as well. Overall, our people find their career choices to be highly rewarding and fulfilling.

#FinancialCrime #LI-JB1 #GoCrowe

We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.

Our Benefits:
Your exceptional people experience starts here. At Crowe, we know that great peopleare what makes a great firm. We care about our people and offer employees a comprehensive total rewards package. Learn more about what working at Crowe can mean for you!

How You Can Grow:
We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper!

More about Crowe:
Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Crowe LLP does not accept unsolicited candidates, referrals or resumes from any staffing agency, recruiting service, sourcing entity or any other third-party paid service at any time. Any referrals, resumes or candidates submitted to Crowe, or any employee or owner of Crowe without a pre-existing agreement signed by both parties covering the submission will be considered the property of Crowe, and free of charge.

Crowe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. Please visit our webpage to see notices of the various state and local Ban-the-Box laws and Fair Chance Ordinances, where applicable.