Senior Manager, Data Science Standard Chartered

8.0 - 12.0 years

0 Lacs

karnataka

On-site

The role requires strategic thinking and technical expertise with a strong background in financial crime detection and prevention, particularly using advanced analytical methodologies. You will be responsible for designing, developing, and deploying analytics/models to detect suspicious activities and financial crime. The ideal candidate will possess technical expertise, a strategic mindset for enhancing Transaction Monitoring effectiveness, and a good familiarity with compliance regulations in the financial sector. You will be expected to design, develop, and deploy models for anomaly detection, behavior profiling, network analysis, and predictive scoring for Transaction Monitoring Solutions. Additionally, you will act as a single Point of Contact for assigned AML Transaction Monitoring Modeling related matters. Your responsibilities will include data exploration, feature engineering, and ensuring that models are accurate, efficient, and scalable. Furthermore, you will support analytical processes to enhance Transaction Monitoring red flag monitoring and optimize cases for investigation through AI/ML models and analytical processes. You will also work on improving processes such as threshold tuning, reconciliation, segmentation, and optimization associated with the Transaction Monitoring function across various products. As the role holder, you will be accountable for ensuring that all processes/models follow the Bank's governance process, including Model Risk Policy Governance and Risk-Based Rule review. Key Responsibilities: - Conceptualize, design, support, and align relevant processes and controls to industry best practices, and address any compliance gaps. - Mentor and conduct training programs to bring new joiners and the team up to speed on new business requirements. - Provide endorsement for changes or remediation activities impacting AML Optimization models and engage with relevant stakeholders for deploying the changes to production. - Work on processes such as threshold tuning, reconciliation, segmentation, and optimization associated with the Transaction Monitoring function across various products. - Work towards the collective objectives and scorecard of the business function published periodically in the form of job and performance objectives. Skills and Experience: - Provide coaching to peers and new hires to ensure they are highly engaged and performing to their potential. - Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory, and policy-compliant conduct is the norm. - Apply Group and FCC policies and processes to manage risks effectively. - Engage with Business/Segment stakeholders to understand emerging risks and ensure they are suitably addressed through Monitoring coverage. - Attend relevant business/segment/product-related working group meetings and ensure tracking and remediation of surveillance and investigations related regulatory findings. Qualifications: - 8+ years of hands-on experience in Transaction Monitoring design and development, with at least 5 years focused on financial crime threat risk mitigation. - Strong background in deploying models within TM or compliance environment with a solid understanding of AML/CFT regulations. - Strong coding skills in Python, R, SQL, and familiarity with data engineering practices for model integration.,

Posted 3 days ago

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