Senior Analyst

Senior analyst with good ML model experience for the Regions Bank account

Job Description:

Primary Responsibilities for a Risk Data Scientist on the BSA/AML/OFAC Model Development and Monitoring Team:

Design and develop transaction monitoring scenarios.
Improves segmentation for the scenarios/models using techniques such as clustering.
Executes periodic tuning for the threshold parameters of the scenarios through sample collection.
Develops post processing models to reduce the number of false positives generated by the scenarios using techniques such as rare event logistic regression and machine learning algorithms.
Researches and develops algorithms that incorporates fuzzy logic for OFAC sanction screening and other types of screening processes.
Develops post processing models that incorporate Natural Language Processing techniques to reduce the number of false positives.
Implementation of models.
Develops and executes ongoing monitoring plan to monitor the performance of the models.
Documentation of the model development, especially the implementation process.
Supports model validation activities.
Ad hoc analysis to address requests from business partners.

Requirements

Bachelor’s degree in Statistics, Data Science, Operations Research, Industrial Engineering, Mathematics, or Physics, AND six (6) years related experience.
Master’s degree in Statistics, Data Science, Operations Research, Industrial Engineering, Mathematics, or Physics, AND four (4) years related experience.
OR PhD degree in Statistics, Operations Research, Industrial Engineering, Mathematics, or Physics, AND two (2) years related experience.

Skills and Competencies