{AML Model Validation} Consultant The Alacer Group – ₹12,00,000 – ₹18,00,000 a year Delhi, Delhi


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  • 8+ years experience
    • Validate the Bank AML customer risk rating methodology/model to
    • Determine if it meets regulatory guidance/expectations
    • Determine if key risk factors for private banking are considered;
    • Evaluate the scores/weighting for appropriateness;
    • Evaluate the distribution of risk classes (High, Medium, Low) is sensible;
    • Validate the Bank AML customer risk rating methodology/model to
    • Determine if it meets regulatory guidance/expectations
    • Evaluate the narrative methodology for appropriateness;
    • Provide a report/memorandum indicating key observations and necessary action plans to enhance the methodology/model Key Facts:

    Methodology composed of 11 customer-level factors and 3 party-level (e.g., signors, beneficial owners, etc.) factors, methodology also includes trigger factors (e.g., PEPs


    • Masters or other advanced degrees in Statistics
    • Must understand banking risk rating models
    • Candidate must possess excellent analytical skills with 8+ years’ experience in statistics, analytics and/or data modeling within the Financial Services sector
    • Prior experience managing a team of up to 5 direct reports/project team members
    • Direct experience in performing statistical analysis and modeling within the BSA/AML area
    • Proven success in applying statistical methods to solve business problems, interpreting data and communicating complex analytical results to senior management is required. Passion for data accuracy is crucial. Strong independent decision-making skills required
    • Must have excellent organizational and problem-solving skills with a strong attention to detail
    • Knowledge of Experian, Norkom, Actimize, Mantas and other similar Transaction Monitoring systems
    • Knowledge of and prior experience with Retail Banking, Wealth Management, Global Markets, Private Banking, Corporate Finance and/or Asset Management
    • Proven experience in a customer-focused role and building relationships with key internal customers/stakeholders
    • Expert knowledge and practical application of SAS, PL/SQL, Toad and similar statistical tool
    • Strong knowledge of MS Office Suite (PowerPoint, Word, Visio, Access, Excel)
    • Demonstrated the understanding of the finance industry’s regulatory requirements (OCC, Federal Reserve Bank, etc.)
    • Ability to successfully multitask and complete difficult assignments within deadlines which may have short lead times
    • Team player with a positive can-do attitude
    • CAMS or CFE certification desired

    Job Types: Full-time, Contract

    Salary: ₹1,200,000.00 to ₹1,800,000.00 /year


    • Data Analytics: 4 years (Preferred)
    • BSA/AML: 7 years (Preferred)
    • AML Model Validation: 4 years (Preferred)


    • Bachelor’s (Required)


    • Delhi, Delhi (Preferred)


    • Banking & Finance

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