EY - Fincrime AML Model Developer - Validation - Business Consulting Risk - FSRM

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity :

Fincrime - AML Model Developer / Validation - Business Consulting Risk - FSRM

Our FSRM team is a fast-moving, high-growth area with huge potential. It offers variety, challenge, responsibility and the opportunity to realize your leadership potential.

Our Financial Services Risk Management (FSRM) practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

Job Summary :

We are seeking a highly skilled Analyst to deliver proficient model development services for Anti-Financial Crime use cases, specifically focusing on Event Processor Next Generation, Quantified, and Customer Risk Assessment. The ideal candidate will possess expert-level coding skills in R, Python, or equivalent technologies, along with a solid foundation in data science. This role requires the ability to interpret complex business requirements and translate them into sophisticated, explainable, and well-documented models.

Key Responsibilities :

• Model Development : Design, develop, and test advanced models for Anti-Financial Crime use cases, ensuring they meet business requirements and regulatory standards.
• Coding Expertise : Utilize expert-level coding skills in R, Python, or equivalent technologies to create efficient and robust models.
• Data Science Foundations : Apply solid data science principles to enhance model accuracy and effectiveness in detecting financial crime.
• Business Interpretation : Understand and interpret complex business requirements to inform model design and development processes.
• Documentation : Ensure all models are well-documented, providing clear explanations of methodologies, assumptions, and results to facilitate understanding and compliance.
• Production-Grade Models : Deliver production-grade models that are fully tested and equipped with the necessary controls to support their ongoing operation and reliability.
• Collaboration : Work closely with cross-functional teams to gather insights, share findings, and ensure alignment with organizational Total 3-15 years of experience with a Bachelor's degree in Finance, Mathematics, Statistics, Computer Science, or a related field; Master's degree preferred.
• Expert-level experience coding in R, Python, or equivalent technologies.
• Strong foundation in data science principles and methodologies.
• Proven ability to understand and interpret complex business requirements.
• Experience in developing sophisticated, explainable models with thorough documentation.
• Demonstrated ability to deliver production-grade models with necessary operational controls.
• Excellent problem-solving skills and attention to detail.
• Strong communication skills, both written and verbal, to effectively convey complex concepts.
• Should be flexible working on UK hours

Location Preference :

Skills and attributes :

In addition to technical competence, what will set you up for success at EY is your ability to :

What we look for :

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

(ref : iimjobs.com)