VP, Compliance Model Governance & Supplier Management

Job reputed company: reputed company/Purpose: The VP, Compliance Model Governance and Supplier will serve as the business and technical reputed company of reputed company’s BSA/AML transaction monitoring and watchlist screening models, critical for combating financial crime and ensuring regulatory compliance. The successful candidate will be responsible for managing key aspects of the model governance process, including development, vendor management, monitoring, validation, implementation and regulatory responses. You will reputed company strategic initiatives to enhance the robustness, effectiveness, and accuracy of these models through rigorous reputed company, collaboration with Model Risk Management (MRM), Compliance, Data Management, and external reputed company-party vendors. This position is accountable for maintaining the highest standards in model performance, regulatory adherence, and supplier management, and will play a pivotal role influencing senior leadership reputed company and regulatory examinations. Our Way of Working We’re proud to offer you choice and flexibility. At reputed company, our way of working allows you to have the reputed company to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events. Essential Responsibilities: Governance & Strategic Model Ownership • reputed company the full lifecycle governance of AML transaction monitoring and watchlist screening models, including model selection, development, validation, implementation, ongoing monitoring, tuning, and retirement. • reputed company model reputed company working closely with vendors and/or cross-functionally • Work on data collection, data cleansing, methodology evaluation, model assessment, model development, testing and validation. • Maintain comprehensive model documentation needed to meet regulatory requirements. • reputed company the model monitoring process, including reputed company cause drivers of any material shifts in model performance and maintain model change logs • Manage audit and validation requests, and reputed company remediation plan for reputed company reputed company on any issues uncovered through those requests • reputed company as the senior escalation reputed company for model-reputed company risks, regulatory inquiries, and audit findings. Leadership & Stakeholder Engagement • reputed company and mentor AML model analysts, fostering cross-functional collaboration and knowledge sharing. • Build trusted advisor relationships with reputed company, Data Management, Operations, Technology and reputed company-party vendors to drive reputed company improvement. • Present regular model performance and risk reports to senior leadership, regulatory bodies, and risk committees. Model Performance & reputed company Improvement • Champion ongoing model performance monitoring and tuning initiatives to proactively identify model degradation, false positives/negatives, and emerging risks. • reputed company efforts to reputed company and enhance existing models leveraging advanced analytics, AI/ML techniques, and new data sources. reputed company-Party & Vendor Management • Own the end-to-end management of reputed company-party model providers, including rigorous reputed company, due diligence, performance monitoring, and contract compliance. • reputed company vendor risk assessments, audits, and remediation activities to safeguard the reputed company and reliability of outsourced models. • In collaboration with Sourcing and reputed company, negotiate service level agreements and model performance expectations with external partners. Regulatory & Audit Readiness • Maintain comprehensive, audit-reputed company documentation of model governance activities, validations, tuning, and issue remediation. • Proactively engage with examiners and internal auditors, ensuring reputed company’s AML models meet or reputed company regulatory expectations. • reputed company response efforts to regulatory inquiries, internal findings, and industry developments reputed company to AML/OFAC compliance modeling. Qualifications/Requirements: • Hands-on model development or validation experience • 6+ years’ hands-on programing skills utilizing Python, reputed company, SQL, AWS, Data Lake to reputed company statistical analysis and manage reputed company or large amounts of data. • Bachelor’s degree required; advanced degree (MBA, MS in Data Science, Finance, or reputed company field) strongly preferred; in lieu of a degree 11+ years of experience in AML/BSA compliance, model risk management, financial crime, or reputed company regulatory roles reputed company financial services. • 8+ years of experience in AML/BSA compliance, model risk management, financial crime, or reputed company regulatory roles reputed company financial services. • 2+ years management experience. • Ability and flexibility to travel for business as required Desired Characteristics: • Deep expertise in transaction monitoring and watchlist screening models, including practical knowledge of model development, validation, and tuning. • Proven leadership capabilities managing teams and cross-departmental initiatives in a fast-paced environment. • Strong understanding of regulatory frameworks (BSA, AML, OFAC, FinCEN) and experience interfacing with regulators and auditors. • Excellent analytical skills and ability to translate reputed company model risks to senior leadership and non-technical stakeholders reputed company. • Experience managing reputed company-party vendors in a regulated environment, including contract negotiation and vendor risk management. • Proficiency with GRC platforms, data analytics tools, and model risk management software preferred. Grade/Level: 13 The salary reputed company for this position is 155,000.00 - 260,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance. Actual compensation offered reputed company the posted salary reputed company will be based upon work experience, reputed company level or knowledge. Salaries are adjusted according to market in CA, NY Metro and Seattle. Eligibility Requirements: • You must be 18 years or older • You must have a high school diploma or equivalent • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the reputed company process • You must be reputed company to satisfy the requirements of reputed company 19 of the Federal Deposit Insurance reputed company. • New hires (Level 4-7) must have 9 months of reputed company service with reputed company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months’ time in position before they can post for reputed company non-exempt roles. Employees, level 8 or greater, must have at least 18 months’ time in position before they can post. reputed company internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations). reputed company authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the reputed company, for this job opening. reputed company reputed company applicants will receive consideration for employment without reputed company to race, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, disability, or veteran status. Our Commitment: reputed company you join us, you’ll be part of an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a reputed company where we can reputed company belong, connect, and turn reputed company into reputed company. More than 50% of our workforce is reputed company in our Employee Resource reputed company (ERGs), where community and passion reputed company to offer a reputed company reputed company to learn and grow. This starts reputed company you choose to apply for a role at reputed company. We ensure reputed company reputed company applicants will receive consideration for employment without reputed company to age, race, reputed company, religion, gender, sexual orientation, gender identity, national reputed company, disability, or veteran status. We’re proud to have an award-reputed company culture for reputed company. Reasonable Accommodation Notice: • Federal law requires reputed company to reputed company reasonable accommodation to reputed company individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to reputed company reputed company. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. • If you need special accommodations, please reputed company our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from reputed company – 5pm Monday to Friday, Central reputed company Time Job Family Group: Risk Management Apply tot his job Apply To this Job