FCC Model Analyst

BankUnited, Inc.•Miami Lakes, FL

About The Position

The Model Analyst will be responsible for supporting the Financial Crimes Compliance ("FCC") business units through the utilization of technical and business knowledge to assist with model validations, maintain and update model documentation, recommend solutions that solve business problems and reporting needs, amongst other skill sets. This includes identifying and defining data analytics needs as well as the structuring and analysis of data from multiple source systems for the purposes of creating and maintaining reporting (e.g. visual and flowchart modeling).

Requirements

Bachelor's Degree in Computer Science, Data Analytics, Data Science, Business Analysis or a related field required
4-6 Years working with data modeling, software implementation, enhanced reporting analytics and/or related experience in financial services data analysis and/or application development required
2-3 years of experience as a model analyst or similar position working directly with BSA, OFAC and/or Fraud models
Experience with BSA/AML model management including scenario development, segmentation and threshold tuning; OFAC models including matching algorithms and fuzzy logic and Fraud models including wire, check, online banking and RTP models
Familiarity with model vendors such as Actimize, Fircosoft and Fiserv
Mastery of analytic and data visualization tools such as SAS, SQL, Adobe Analytics (formerly Omniture Site Catalyst), Tableau, IBM Digital Analytics (formerly Coremetrics), Google Analytics, Webtrends, Python or R, etc.
Ability to multitask, meet deadlines, manage competing demands/multiple projects, maintain a strong sense of urgency and follow through in addressing issues
Strong verbal and written communication skills and ability to communicate technical information to non-technical audiences
Maintains strong attention to detail in high-pressure situations
Solid understanding of data warehouse and dimensional modeling concepts

Nice To Haves

Certified Anti-Money Laundering Specialist (CAMS) preferred
Anti-Money Laundering Certified Associate (AMLCA) preferred
Certified Fraud Examiner (CFE) preferred
Certified Financial Crimes Investigator (CFCI) preferred
Candidates residing in locations within BankUnited's footprint may be given preference.

Responsibilities

Assist in the maintenance of formal procedures and model documentation
Assist with model performance monitoring, including validation and the preparation of model validation reports and related supporting technical documents
Prepare reports in a manner that is clear and comprehensible to FCC supervisors/managers, internal auditors and regulatory examiners
Develop and maintain technical expertise of model functionality including release and upgrades
Ensure that FCC Data Analytics Manager is apprised of any model issues and maintain status reporting
Assist FCC stakeholders in conducting validations, performance monitoring and other system testing
Create and execute effective challenges for modeling assumptions, inputs, conceptual soundness and theory, developmental evidence, implementation and outputs
Identify process gaps and recommend new opportunities for process improvement through the use of quantitative analytics
Apply statistical techniques to interpret risk and develop solutions for business consumption
Ensure that operational reports are complete and provide accurate data to enable business functions to carry on day-to-day operations
Support the data mining, reporting and general analytics needs of the FCC department
Ability to recognize and communicate the regulatory and policy driven use of FCC models, tools, and utilities
Support the development of innovative approaches and best practices
Communicate production issues with key stakeholders such as business lines, FCC management team, and the IT Department
Maintain working knowledge of Bank system platforms
Coordinate, develop and/or review exam and audit deliverables
Handle a large workload with the ability to complete the tasks correctly and efficiently within the designated timeframes; exercise discretion in setting priorities
Perform any other assignments as directed by manager
Possess commercial awareness of banking and BSA/AML, OFAC and Fraud risks
Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
Adheres to Bank policies and procedures and completes required training.
Identifies and reports suspicious activity.