Senior Data Scientist

Employee Applicant Privacy Notice Who we are: Shape a brighter financial future with us. Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world. The role: The Compliance Senior Data Scientist will be responsible for assisting the Anti-Money Laundering Compliance program with model development, model optimization, model validation, management information reporting, AML system integration, AML data infrastructure and AML data architecture to effectively fight financial crime. Additionally, this role will also support AML governance initiatives including risk assessments and internal/external inquiries. What you’ll do: - Facilitate AML model development, implementation, optimization, assessment and validation of risk-based customer screening, transaction screening, transaction monitoring and AML customer risk rating covering multiple product lines, including banking, brokerage and lending to ensure sound risk coverage across the enterprise. - Maintain, test and configure AML vendor solutions to ensure conceptually sound design, proper implementation, and acceptable model performance. - Research, compile and evaluate large sets of data to assess quality, integrity and completeness to determine suitability for AML model development. - Architect and lead the design of advanced AML models utilizing machine learning and statistical modeling methods for supervised and unsupervised learning. - Exercise flexibility in selecting model architectures, algorithms, third-party libraries, and development workflows, provided they align with project objectives and organizational requirements. - Ensure AML compliance and regulatory requirements are embedded in the model design. - Document modeling methodology, data sources, assumptions, and validation results. - Lead governance and quality control across the full AML model lifecycle including code reviews, validation of methodology, input data integrity, and performance metrics. - Ensure adherence to the organization’s established ML framework, coding conventions, documentation standards, and model risk management policies, embedding AML compliance and regulatory requirements into design and deployment. - Oversee documentation and review processes for internal model validation, external regulatory examinations, and cross-functional approvals, while supporting resolution of development blockers and coordinating with key stakeholders. - Develop governance documentation related to tuning efforts, parameter changes and data validation for AML transaction monitoring to ensure a comprehensive audit trail is maintained. - Track and report results of tuning and optimization activities and model performance to senior management. - Develop robust management information dashboards displaying real-time or near real-time AML metrics. - Partner with and advise the AML Governance Unit by providing necessary data for AML Risk Assessments, internal/external audit examinations and other regulatory requirements. What you’ll need: - Bachelor’s Degree or Master’s Degree in Statistics, Computer Science, Mathematics, Finance, Computer Science, Engineering or other relevant areas. - 3+ years of experience in the finance industry focusing on BSA/AML, OFAC, or fraud modeling/analytics. - Statistical/data analytical skills, including data quality validation, and predictive modeling experience in SQL and Python. - Knowledge of and ability to leverage traditional databases, cloud-based computing, a ... (truncated, view full listing at source)