Manager, Global Fc Model Validation
Job Summary
Job Description
What is the opportunity?
As a Manager of Global Financial Crimes Model Validation you will support daily execution within the team to ensure that RBC is maintaining the ongoing effectiveness of Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation as an individual contributor, and will implement and execute substantive financial crimes risk management practices relevant to models and related Frameworks. This includes the defining and scoping the validation required of new/existing models. You provide continuous close support to Global FC Validation team by implementing successful FC strategies within RBC.
What will you do?
- Validation of Sanction Screening models and ensuring model outputs comply with regulatory and business requirements
- Proactively challenge financial crime models and methodologies.
- Detect and counteract emerging risks related to financial crimes and continuously assess RBC's risk exposure.
- Articulate the scope and approach of enterprise-wide model validation to RBC Management, External Regulators, and Internal Audit.
- Develop clear concepts, execute plans efficiently, and deliver organized results.
- Collaborate with FC Model Validation Senior Managers and Directors to make model-related decisions.
- Communicate inherent model risks and limitations effectively.
- Develop and challenge assumptions, conceptual soundness, model performance and process and evaluate metrics during each validation and document results in validation reports.
- Contribute to research and development with risk-focused techniques.
- Demonstrate key competencies: Adaptability, Change Management, Teamwork & Collaboration, Problem Solving, and Planning.
What do you need to succeed?
Qualifications:
- 3+ years of related Financial Crimes experience
- Strong written and oral communication skills; business writing experience
- Strong interpersonal and analytical skills
- Good working knowledge of Microsoft suite and other data mining applications (Python, SAS, R, and SQL)
- Knowledge of regulations related to Financial Crimes
- Bachelor's degree in a relevant field (Finance, Data Science, etc.
Job Skills
Analytical Thinking, Communication, Data Analytics, Group Problem Solving, Model ValidationAdditional Job Details
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