BSA/AML and Fraud Models Lead Validator, Model Risk Management Position Available In Pinellas, Florida

Job Description Job Summary:

This lead validator position will lead model validation related responsibilities in the independent validation of BSA/AML models, including (but not limited to) Transaction Monitoring, Customer Risk Scoring, and OFAC/Sanctions Screening systems, as well as fraud models.

• Location for this position is in New York City or St Petersburg, FL.
• Will not be able to provide visa sponsorship.

Essential Duties and Responsibilities:

Own, develop and manage working relationship with BSA/AML and fraud model stakeholders Monitor and keep abreast of changes in AML and fraud related regulations and MRM policies. Develop validation plans for BSA/AML and fraud-related models. Lead, perform and review model validations for BSA/AML and fraud-related models, including model policies and procedures, conceptual soundness, assumptions/limitation, output analysis and ongoing monitoring metrics. Complete model validations per validation plan. Maintain organized tracking of validation findings, issues, and remediations. Perform BSA/AML and fraud related model ongoing monitoring, annual review and other model independent review tasks. Manage junior validators

Knowledge, Skills, and Abilities:

Knowledge of:

BSA/AML and fraud models, regulatory requirements, including the Bank Secrecy Act, US PATRIOT Act, and OFAC. Model Risk Management regulatory guidance SR 11-7 and

OCC 2011/12.

Statistics and other quantitative fields and data validation principles. The role of models in financial crime detection and prevention.

Skill in:

Microsoft Excel and Word for documentation, data analysis, and reporting. Clear written and verbal communication, especially in organizing findings and writing summaries. Analytical thinking, attention to detail, and structured problem-solving. Using data analysis programs such as SQL, R, or Python for data validation and analysis.

Ability to:

Understand how BSA/AML and fraud models operate and produce outputs. Learn regulatory expectations and apply them to model validation work. Collaborate with cross-functional teams in Financial Crimes, Risk, Compliance. Follow structured validation procedures and meet project deadlines. Document findings in a clear, professional language.

Educational/Previous Experience Requirements:

Bachelor’s degree in Finance, Economics, Mathematics, Data Science, Computer Science, or a related field. 5-10 years of professional experience in AML and Fraud model development and model validation, or work experience related to financial crime, data analysis, compliance Proficient and strong understanding of risk management, data analytics, audit, or related field. professional development, including certifications such as CAMS is encouraged.

Education Bachelor’s:

Accounting, Bachelor’s:

Actuarial Science, Bachelor’s:

Applied Mathematics Work Experience Manager Experience – 10 to 15 years Certifications Other Certification Not Listed – Other Travel Less than 25% Workstyle Remote At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm’s core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.

When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF. Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we’d love to keep in touch. Join our Talent Network to stay up to date on career opportunities that may be a good fit for you. Our business is deeply focused on people and their financial well-being. We’re committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren’t mutually exclusive. As an established but ever-evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.