Kforce Financial Analyst in New York, New York

Kforce has a client seeking a Financial Analyst in New York, New York (NY). Essential Functions:

  • Perform independent model validations primarily of internal Credit Rating Scorecard models

  • Assess statistical, theoretical conceptual soundness of each model

  • Evaluate industry practices as challenger solutions (models and data)

  • Outcome analysis, in-sample/out of sample test, benchmarking, back testing, sensitivity tests

  • Verify model implementation and performance, i.e. correct implementation and decision making

  • Data Quality Check

  • Write validation reports illustrating the relevant results of theoretical review and testing, document all tests, calling attention to areas of concern and/or uncertainty. Communicate findings with model owners

  • 2-3 years of hands on experience working within the analytics, validation, or quantitative research team in the financial industry preferably in the Compliance segment

  • Quantitative hands-on model development or validation

  • AML Detection

  • OFAC Sanctions and Screening

  • BSA/AML/ OFAC

  • SAS, R, SQL, VBA, Matlab

  • NYSDFS, FRB, FFIEC

  • 1-3 years of hands on experience working within the analytics, validation, or quantitative research team in the financial industry preferably in the Compliance segment

  • Proven track record of strong quantitative hands-on model development or validation in one or more of the following areas: AML Detection, OFAC Sanctions Screening, Card Fraud Detection

  • Familiar with BSA/AML and OFAC/Sanctions reviews and risk assessments and conducting independent testing of such programs is a plus. Proven Expertise in fuzzy logic, neural networks, artificial intelligence, regression decision trees, and related testing metrics

  • Prior experience on model validation projects at a leading commercial bank, investment bank, asset management, broker dealer, rating agency, consulting firm or analytic solutions provider

  • Working knowledge of one or more of the following programming platforms: SAS, R, SQL, VBA, Matlab, etc.

  • Proven expertise in writing validation reports illustrating the relevant results of theoretical review and testing, calling attention to areas of concern/risks and mitigation plans

  • Strong knowledgeable about the model risk management and the associated regulatory requirements. Knowledge on regulatory mandates, such as NYSDFS, FRB, FFIEC, etc.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.Compensation Type:HoursMinimum Compensation:0.00Maximum Compensation:0.00