Associate Consultant/Consultant

Job Description

Job Summary: Team: Model Development Associate Consultant/Consultant, is a key member of the Risk Analytics and Data Service Team and Responsible for acting as an individual contributor in the development and maintenance of AML (Anti-Money Laundering) models. The ideal candidate will act as an owner of the AML transaction monitoring framework and will use data-driven approaches to optimize model performance. Job title: Associate Consultant/Consultant Location: Bangalore/Pune Experience: 4-8 years of relevant experience Major Duties Responsible to manage, monitor, and optimize Actimize SAM models, including tuning thresholds, scenarios, and segmentation logic; Perform quantitative analysis, statistical modelling, and machine learning techniques to identify suspicious activity and reduce false positives. Collaborate with model validation and governance teams to ensure compliance with regulatory requirements Work with IT and data teams to ensure the integrity and availability of data pipelines supporting Actimize SAM and related AML systems. Support internal and external audits, regulatory reviews, and model validation documentation. Responsible for interaction with different committees and/or senior management. Qualification: Master in Statistics/ Economics/Mathematics/advanced degree in quant area Or B.tech / M.tech from tier 1 college with MBA in related field Skills Required Strong understanding Data Science and machine learning models. 3+ years of experience in banking and AML/Financial Crime Compliance, with direct experience with Actimize SAM. Strong conceptual and technical knowledge of risk concepts and quantitative modelling techniques - experience in model validation a plus Experience in R, Python, SAS. Strong organizational and interpersonal skills Excellent verbal and written communication skills (English) Experience of working in a multi-cultural and global environment