Model Specialist (KYC/Money Laundering/Financial Crime)

Oliver James Associates

  • Utrecht
  • Vast
  • Voltijds
  • 1 maand geleden
Model Specialist (KYC/Money Laundering/Financial Crime)This is where you will workYou’ll join a diverse and collaborative FEC team that operates in the first line of responsibility (1LoR), working closely with the Financial Crime Compliance team in the second line (2LoR). Most of the team is based at our client’s headquarters in Eindhoven, with others located across Europe. Together, we support global operations and contribute to a more secure financial ecosystem.The team is made up of professionals from over 10 nationalities-reflecting an inclusive environment where you’re encouraged to bring your full self to work. Our shared mission is to protect our client, its customers, and the financial system from the threats of money laundering, terrorism financing, and other forms of financial crime.These are your responsibilities
  • Ensure comprehensive AML and financial crime risk coverage by enhancing existing models and developing new solutions to mitigate current and future threats.
  • Design, implement, and fine-tune client screening and transaction monitoring models used to assess high volumes of transactions and customer relationships.
  • Analyze false positives and recurring issues in screening and monitoring, proposing data-driven solutions to improve model efficiency and reduce noise.
  • Contribute to the full model lifecycle-from concept development and tuning to documentation and implementation.
  • Regularly assess model alignment with regulatory requirements, internal policies, and the bank’s risk appetite.
  • Maintain detailed documentation of model methodologies, risk coverage assessments, optimization strategies, and calibration processes.
  • Prepare model change documentation and participate in internal model reviews and validations.
  • Translate stakeholder requirements into actionable model solutions that are both effective and scalable.
This is you
  • You hold an MSc or PhD in a quantitative field such as Data Science, Econometrics, Mathematics, Computer Science, or Physics.
  • You have hands-on experience with SQL and at least one programming language such as Python or R.
  • You bring at least 5 years of experience in model development or validation, ideally within the 1st or 2nd line of a financial institution.
  • You’re familiar with model risk assessment, model lifecycle management, and regulatory expectations.
  • You understand the importance of documentation, reporting, tuning, and model optimization.
  • Knowledge of AML/CTF legislation (such as the Dutch Wwft) and financial crime frameworks is a strong advantage.
This is what you can expect
  • A custom made annual salary (based on knowledge & experience)
  • Additional reimbursements
  • An interesting performance bonus structure
  • A 13thmonth
  • Holiday allowance
  • 60 days remote working per calendar year
  • Great benefits
  • Various additional educational opportunities
  • Hybrid form of working
  • Good pension scheme

Oliver James Associates