Description

Summary:

The Model Management and Optimization (MMO) team within Risk Management’s BSA Operations Department is primarily responsible for the development and maintenance of all products, models, and business intelligence used for BSA/AML and OFAC compliance. In addition to continuously improving Customer Risk Management, Transaction Monitoring, and Name Screening Programs, MMO is also responsible for management information systems and user developed tool functions such as ongoing model performance metrics (effectiveness), customer behavior and transaction channel monitoring, operational forecasting, key performance and risk indicator monitoring, and data integrity control monitoring. MMO serves as the primary conduit for cross functional communication within BSA Operations and assists the Department within strategic planning, tactical execution, and budget/forecasting tasks. Through these responsibilities, MMO works closely with BSA/AML and OFAC Leadership Teams, Information Technology, Model Risk Management, Segment Risk, Internal Audit, product groups, and lines of business stakeholders.

The AML Product Owner 3 job profile provides multi-faceted support for BSA Operations Leadership and Management Team. The AML Product Owner 1 job profile is intended to be a entry level career path options for product analysis/support. Prior to posting or using the AML Product Owner 1 role, the hiring manager (w/ support from Talent Acquisition/Management) should update the position / requisition to align with the desired career path and business responsibilities.

Duties and Responsibilities:

Within a team environment and under minimal supervision, the colleague will:

AML Product Analyst 2

• Serve as a working team member to document business objectives, requirements, features, and/or story cards.
• Prepare status update materials for key stakeholders, including various levels of operational managers, Product Owners, and cross functional executives.
• Champion transformational change within BSA Operations’ project methodologies (agile, hybrid, or waterfall) to expedite value for the BSA/AML and OFAC Compliance Programs.
• Write user acceptance test (UAT) cases and will be a liaison between project leads and testing organization during UAT.
• Perform research and analysis of customer, account, and/or transaction information to correct information within AML systems.
• Resolve, or when appropriate escalate, issues to expedite decision making.
• Performs other duties as assigned.

AML Product Owner 2

• Own product development of at least one core BSA Operations’ product/application.
• Drive and coordinate the product’s corresponding end-to-end process to communicate impact awareness and gain an understanding of data, technology, modeling, and operational processes.
• Facilitate collaboration with key stakeholders to document business objectives, requirements, features, and/or story cards.
• Facilitate communication pathways to coordinate and provide status updates to key stakeholders, including various levels of operational managers and cross functional executives.
• Drive and actively participate in transformational change within BSA Operations’ project methodologies (agile, hybrid, or waterfall) to expedite value for the BSA/AML and OFAC Compliance Programs.
• Write user acceptance test (UAT) cases and will be a liaison between project leads and testing organization during UAT.
• Resolve, or when appropriate escalate, issues to expedite decision making.
• Performs other duties as assigned.

Basic Qualifications:

Baseline Job Profile Qualifications

• High School diploma or equivalent
• Bachelor’s degree, or education/work experience equivalent
• Minimum of 3 years of experience in risk management, information technology, or business analysis related work, which can be a combination of internships, course work completed, and project team membership.
• Minimum of 1 year of experience directly supporting BSA/AML and/or OFAC Compliance Programs, Minimum of 1 year of experience directly supporting Fraud, Financial Crimes, and/or Corporate Investigations Programs, OR Minimum of 1 year of experience serving in a business analyst / product ownership related role.

AML Product Analyst 2