Financial Crimes Model Analytics Officer I

Truist • Raleigh, NC

1d

About The Position

Responsible for leading and administering the model analytics function of the Financial Crimes Program for Truist. Focused on designing and driving initiatives within the program to ensure accurate, effective, and efficient tools and insights are available to identify and report potential financial crimes. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Lead financial crimes model analytics initiatives and data strategy and/or data quality for the Financial Crimes program. Plan, organize, coordinate, and manage work within assigned area of responsibility to meet division, department, and enterprise goals. 2. Develop, maintain and supervise monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them. 3. Identify and recommend model, process, and/or technology changes that will continually drive the program towards effective and efficient operations and strong control environments. Work with stakeholders to ensure models fulfill the business objectives set for them. 4. Ensure delivery of accurate and actionable analytics, reporting, or data insights to aid key decision-making. 5. Be a steward and champion of data quality and data management initiatives/best practices within Financial Crimes to help ensure complete, consistent, and accurate data for Financial Crimes program usage. 6. Develop high functioning working relationships with internal and external partners to aid in achieving strategic objectives and a best in class Financial Crimes program. 7. Whenever required, provide support and materials for responding to internal and external reviewers of the Financial Crimes program, as well as assist in managing and resolving issues that arise from these reviews as required. 8. Ensure proper procedures and documentation on team processes are developed, maintained, and followed in accordance with enterprise standards.

Requirements

• Bachelor's Degree or an equivalent combination of education and experience.
• Demonstrated analytical, project management, and organizational skills and experience working with metrics, reporting, data, modeling, and/or technology initiatives.
• Five years of SAS experience (or other applicable model development software) with application to large data problems and relevant statistical procedures; ability to test, maintain, and monitor models, including: threshold tuning, gap analyses, and scenario optimization
• Strong communication skills, both written and verbal.
• Excellent interpersonal skills demonstrating the ability to interact with all levels of management effectively.
• Strong leadership and decision-making skills.
• Ability to work with cross-functional teams in a high-stress, fast-paced and rapidly changing environment with teammates in multiple geographic locations.
• Strong work ethic and desire to enhance knowledge base and technical skills.
• Ability to handle ambiguity and adapt to shifting objectives.
• Strong problem solving skills.
• Adept with Microsoft Office products.

Nice To Haves

• Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, Business Administration or other applied quantitative science, or equivalent education and related training
• Three years of demonstrated experience with Anti-Money Laundering, OFAC, Fraud, and/or Compliance programs
• Knowledge of laws, rules, and regulations impacting financial crimes programs
• FRM designation, Certified Anti-Money Laundering Specialist (CAMS), Certified risk management specialist, or other qualified, related professional certifications

Responsibilities

• Lead financial crimes model analytics initiatives and data strategy and/or data quality for the Financial Crimes program.
• Plan, organize, coordinate, and manage work within assigned area of responsibility to meet division, department, and enterprise goals.
• Develop, maintain and supervise monitoring, performance reporting, and change-management processes.
• Identify and recommend model, process, and/or technology changes that will continually drive the program towards effective and efficient operations and strong control environments.
• Ensure delivery of accurate and actionable analytics, reporting, or data insights to aid key decision-making.
• Be a steward and champion of data quality and data management initiatives/best practices within Financial Crimes to help ensure complete, consistent, and accurate data for Financial Crimes program usage.
• Develop high functioning working relationships with internal and external partners to aid in achieving strategic objectives and a best in class Financial Crimes program.
• Whenever required, provide support and materials for responding to internal and external reviewers of the Financial Crimes program, as well as assist in managing and resolving issues that arise from these reviews as required.
• Ensure proper procedures and documentation on team processes are developed, maintained, and followed in accordance with enterprise standards.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees