Quantitative Model Development Officer II- Anti-Money Laundering

Truist Financial
Charlotte
Workplace: RemoteFull timeFunction: Capital Markets, Trading & QuantEducation: mastersSkills: ["Communication","Mentoring","Problem solving","Organization","Documentation"]

Lead development of Financial Crimes risk models with a primary focus on Anti-Money Laundering (AML). Build, assess, improve, and document models using rules-based logic, quantitative analysis, machine learning techniques, and hybrid approaches. Analyze large datasets to create anomaly detection and monitoring frameworks that reduce false positives while maintaining regulatory-aligned risk coverage. Own the model development lifecycle, support review/validation, and help remediate issues through robust AML governance.

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Truist Financial
Truist Financial
3 days ago

Quantitative Model Development Officer II- Anti-Money Laundering

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Source: Company careers pageValidated by: Fursa AI
Last checked: 14 hours agoStatus: Live

Job Summary

Lead development of Financial Crimes risk models with a primary focus on Anti-Money Laundering (AML). Build, assess, improve, and document models using rules-based logic, quantitative analysis, machine learning techniques, and hybrid approaches. Analyze large datasets to create anomaly detection and monitoring frameworks that reduce false positives while maintaining regulatory-aligned risk coverage. Own the model development lifecycle, support review/validation, and help remediate issues through robust AML governance.
Location: Charlotte
Workplace: Remote
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Own most aspects of the model development lifecycle, including data integrity assessment, development, documentation, and implementation support.
  • •Develop and maintain monitoring, performance reporting, and change-management processes to meet defined business objectives.
  • •Ensure model development projects and processes comply with Truist model risk management and related policy requirements.
  • •Mentor and train others to accelerate model development techniques, processes, and business knowledge.
  • •Serve as a core point of contact for model questions, supporting reviews/validations and addressing regulatory examination requests.

Pay and Benefits

Perks:Health InsuranceDentalVisionLife InsuranceDisability401k

Key Requirements

  • •Ten years of relevant experience developing, documenting, implementing, or validating quantitative models in a financial domain.
  • •Seven+ years of model development experience using SAS or other applicable model development tools.
  • •Advanced degree (or equivalent experience) in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science.
  • •Strong English communication skills, both written and verbal.
  • •Ability to distill complex mathematical concepts into actionable results.
Experience:Financial servicesMachine learningAnti-money laundering (AML)
Education:Master's
Skills:CommunicationMentoringProblem solvingOrganizationDocumentation
Certifications:CAMS
Languages:English
Tech Stack:SASMachine learningAnomaly detectionRules-based logicQuantitative analysisGraph-based analyticsNetwork analysis

Company Brief

Truist Financial
Provides consumer and commercial banking, wealth management, insurance, lending, and payments services through a large U.S. financial services platform formed by the merger of BB&T and SunTrust.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 2019
WebsiteLinkedIn