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Posted: Sunday, March 12, 2017 12:26 AM

The role is responsible for supporting First Republic BankA?s (FRB) Bank Secrecy Act/Anti:money Laundering (BSA/AML) Department by calibrating, tuning, testing, and implementing enterprise wide systems that risk rank clients; screen for OFAC and negative news; and monitor and detect suspicious activity for BSA/ AML compliance. This role is also responsible for evaluating the effectiveness of these systems and monitoring models across FRB, and providing solutions to address any gaps.Identify, evaluate, and implement transaction monitoring rules, models, and parameters supporting FRBA?s BSA:AML Compliance ProgramFine:tune the AML surveillance system (Actimize) to optimize the tradeoff between alert volume and alert quality and enhance reports to display trends, patterns and areas of risk related to monitoring processesRationalize and document business rules, thresholds, parameters and scoring methodology of the monitoring systemWrite business specifications for IT and project management purposes where neededSupport ongoing tuning processInterpret complex information and directions, interpret data and information in a timely manner and bring assigned tasks to completionConducting hands:on data analysis, data validation, predictive model development, and forecastingProvide quantitative and qualitative analysis, including benchmarking and industry best practices studiesConduct all work activities in accordance with change management, model governance, and other control proceduresProvides automated and ad:hoc data delivery for examiners, auditors, internal investigations and analyticsStay abreast of current technology developments and BSA/AML trend to understand current BSA/AML environment and how new/emerging product(s) can assist department in meeting strategic goals/plansMust Haves: BachelorA?s degree or higher in Mathematics, Physics, Computer Science, Statistics, Economics, or equivalentGood knowledge of business intelligence reporting/data warehousing/customer analytics concepts5 years of hands:on experience using data and statistical analysis, SQL and database/data mining, and reporting tools (Python, SAS and / or R, SQL, Excel)Demonstrated ability to communicate technical solutions clearly to senior management, business users, business analysts/data analysts and technology teamsQuick learner and strong analytical and problem:solving skillsExcellent oral, written communication, and interpersonal skillsExcellent independent research, analysis, and documentation skillsHighly self:motivated, flexible and adaptable with a confident A?do the right thingA? team:player attitudeAbility to multi:task and prioritize varied workload with frequently changing priorities, and deliver in a high pressure environmentAbility to work independently and as a member of a cross:functional team, and self:organizedAbility to conduct and document work activities in accordance with a strict regulatory compliance culture Preferred: MasterA?s or PhD degree in Mathematics, Physics, Computer Science, Statistics, Econometrics, or equivalentExperience in analytics and predictive modeling : hands on model development and strong mastery of modeling approaches and data mining tools and algorithms.Experience with software development processes and technology, and software quality assuranceExperience of working within a Compliance function within financial industryExperience with the regulatory oversight, examination, and/or other audit processesKnowledge/understanding of BSA/AML regulations


• Location: San Francisco

• Post ID: 57285528 sf is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017