- Manage a team of analysts who are responsible for all day-to-day model governance activities.
- Build and maintain positive relations with each region and all model stakeholders, including the Financial Crimes Offices in the Americas, EMEA, APAC and Tokyo; QRC; the GFCD global teams; and all model users.
- Coordinate with QRC and its global counterparts on model validation engagements, including planning model validations, provisioning of request items, performing and overseeing issue remediation.
- Document and ensure models are in compliance with Model Governance Policies on Change Management, Model Performance and Operational Controls.
- Oversee the creation and updating of all model owner documentation.
- Work with model users to ensure adequate testing and documentation of performance monitoring.
- Strong writing and editing skills.
- Statistical modeling/data mining (decision tree, logistic regression, cluster analysis, etc.) experience related to BSA / AML in the banking industry is a plus.
- Experience accessing and analyzing large volumes of data using SQL, SAS, STAT, R, SAS Enterprise Guide,or SAS EMiner is a plus.
- Other technical skills preferred: Advanced or working knowledge in one or more of the following: MS SQL and Access, Visual Basic, HTML, JavaScript, Python, R, database design, and/or business applications (MS Office suite)is a plus.
- Knowledge of customer risk typologies is a plus.
- A Bachelor's degree in quantitative fields,such as economics, mathematics, statistics, and computer science/engineering or other relevant discipline.
- Experience
- Overall experience of 10-15 years
- Minimum of 10 years of experience with at least 3 years of direct related experience in model risk management in BSA/AML/KYC(CDD).
Manager - Data Analytics [T500-8589] - Bengaluru, India - MUFG
Description
About Us:
MUFG Bank, Ltd. is Japan's premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank's parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
The Group aims to be the world's most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.
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Established in 2019, MUFG Global Service (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. With a current headcount of around 250, MGS has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG's global network across Americas, EMEA and Asia Pacific.
Purpose of Role:
Reporting to the Director of Data Insights and Analytics, part of Global Financial Crimes Division (GFCD) Operations, Intelligence & Analytics, this global position leads the governance and documentation function covering all financial crime models, including the areas of Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) / Office of Foreign Assets Control(OFAC).
The successful candidate will partner closely with the Quantitative Risk Control (QRC) team, which has oversight of all Bank models in the Americas region, as well as the QRC counterparts in all other regions.
The candidate will manage a team of analysts who coordinate and track all work items related to financial crime model management, including, but not limited to, establishing and maintaining an efficient global model governance framework; tracking model-related deadlines, including validation timelines; managing and executing model performance reviews; facilitating model governance meetings; and creating and/or updating all model documentation.
The successful candidate will also spearhead for GFCD the establishment of a new global model governance framework applicable to non-Americas financial crime models, which will require close coordination with the Tokyo Head Office.
Main Responsibilities:
Candidate Profile:
Skills and knowledge:
Education & professional qualifications: