Sr. Quantitative Finance Analyst - AML Model Validation

Welcome to Bank of America, one of the world's leading financial institutions. We are currently seeking a highly skilled and experienced Sr. Quantitative Finance Analyst to join our team in the role of AML Model Validation. This is a unique opportunity to utilize your expertise in quantitative finance to ensure the accuracy and effectiveness of our AML (Anti-Money Laundering) models. The ideal candidate will possess a strong background in finance, data analysis, and risk management, along with a passion for driving innovation and excellence in the financial industry. If you are a self-motivated, detail-oriented individual with a deep understanding of AML regulations and model validation principles, we encourage you to apply for this exciting and challenging position. Conduct thorough and timely validation of AML models to ensure compliance with regulatory requirements and Bank of America's standards. Develop and maintain comprehensive testing plans and procedures for AML models. Utilize advanced quantitative and statistical techniques to analyze model performance and identify potential areas for improvement. Collaborate with cross-functional teams to gather and analyze data, and communicate findings and recommendations to senior management. Stay up-to-date on industry developments and best practices related to AML and model validation. Provide guidance and support to junior analysts, and promote a culture of continuous learning and development within the team. Identify and escalate any potential issues or risks related to AML models, and work with relevant stakeholders to implement effective solutions. Collaborate with internal and external auditors to ensure compliance with all applicable regulations and standards. Develop and maintain strong relationships with various business units and stakeholders to facilitate effective model validation processes. Act as a subject matter expert on AML regulations and model validation principles, and provide guidance and training to other team members as needed. Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. Apply tot his job