AML Model Validation Consultant

Responsibilities: Perform independent model validation of AML transaction monitoring, sanctions screening, and financial crimes risk models, including conceptual soundness, data quality, performance testing, and outcome analysis. Evaluate and challenge machine learning models used for alert generation, anomaly detection, customer risk scoring, sanctions screening, and false-positive reduction.

Overview:

We are looking for an experienced AML Model Validation consultant for our client on a project basis. This contract role is fully remote and expected to last for at least 3 months. 

Responsibilities:

• Perform independent model validation of AML transaction monitoring, sanctions screening, and financial crimes risk models, including conceptual soundness, data quality, performance testing, and outcome analysis.
• Evaluate and challenge machine learning models used for alert generation, anomaly detection, customer risk scoring, sanctions screening, and false-positive reduction.
• Assess AML and sanctions transaction screening systems, including tuning methodologies, threshold calibration, screening effectiveness, alert quality, and regulatory compliance.
• Prepare validation reports, document findings, identify model limitations, and provide recommendations to strengthen model governance, controls, and regulatory compliance.

Qualifications:

• Bachelor’s degree or higher in accounting, finance, or other related fields 
• 5+ years of relevant AML and Sanctions Model Validation experience  
• Qualified applicants must reside in the continental U.S. 
• Must be legally authorized to work in the United States now and in the future. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.