AML Analytics Senior Specialist



Data Science
United States
Posted on Thursday, May 18, 2023

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The role:

The AML Analytics Senior Specialist will be responsible for assisting the Anti-Money Laundering Analytics program with model development, model tuning and optimization, management information reporting and AML system integration to effectively fight financial crime across all SoFi products.

What you’ll do:

  • Facilitate AML model development, implementation, optimization, assessment and validation of risk-based customer screening, transaction screening and transaction monitoring rules covering multiple product lines, including banking, brokerage and lending lines of business to ensure sound risk coverage across the enterprise.

  • Develop governance documentation related to tuning efforts, parameter changes and data validation for AML transaction monitoring to ensure a comprehensive audit trail is maintained.

  • Track and report results of tuning and optimization activities and model performance to senior management.

  • Develop robust management information dashboards displaying real-time or near real-time AML metrics.

  • Assist with AML vendor selection as well as implementation and testing of AML systems and processes.

  • Continually improve data integrity and completeness as well as implementation accuracy.

What you’ll need:

  • Bachelor’s Degree or Master’s Degree in Statistics, Computer Science, Mathematics, Finance or other relevant areas.

  • Combined 6+ years of experience in the finance industry focusing on AML transaction monitoring and/or Know Your Customer (KYC).

  • Demonstrated track-record of delivery and/or relevant experience in risk and control management with a focus on the AML/Sanctions risk assessment process.

  • Statistical/data analytical skills, including data quality validation, and predictive modeling experience.

  • Demonstrated ability to communicate effectively with all levels of the organization and across different business lines.

  • Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.

  • Tableau or other dashboard design experience.

  • Snowflake or other cloud-based data storage and analytics experience.

  • Knowledge of AML regulations and the USA PATRIOT Act.

Nice to have:

  • CAMS/CFE certification preferred (or willingness to become certified within one year of start date).

  • Previous experience working with the Verafin case management system.
  • Understanding of common payment and funds transfer methods and networks, their functioning and their liability rules such as card networks, ACH network, check processing, P2P, wire transfers, etc.

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.