The Spec Analytics Intmd Analyst is a developing professional role. Deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding of how the team and area integrate with others in accomplishing the objectives of the sub function/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Requires attention to detail when making judgments and recommendations based on the analysis of factual information. Typically deals with variable issues with potentially broader business impact. Applies professional judgment when interpreting data and results. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

Responsibilities:

• Perform model independent validation of rule basedstatistical tools within the agreed schedule and ensure execution follows the global methodology and is in compliance with model governance policy, guidelines and OCC requirements.
• Apply statistical methods to organize, analyze, and interpret data to perform model validations
• Provide data pulls and reports directly from Oracle Database. Write efficient SQL and PL-SQL queries in complex Very Large Scale database environment. Monitor time and capacity used during query execution, design efficient query execution plans.
• Provide technical support to the team by implementing automation tools and integrating MS Office Excel, Oracle Database and SAS platforms. Design technical solutions supporting complex data reporting and analytical tasks. Generate complex graphical data reports, including data crosstabs, scatter plots and statistical measures.
• Ensure Data Quality and Reliability. Design and implement various Data Quality methods in SAS and Oracle database. Run quality checks against database and report all data issues. Detect data anomalies and identify source of data problems. Recommend data quality solutions.
• Evaluate model assumptions, data completeness, limitations, conceptual soundness, functional soundness, modelling methodology, outcome analysis, etc. of models being validated.
• Prepare model validation reports in a detailed, structured and clear manner, describing the outcomes of the analysis performed and include a conclusion based on the validation.
• Use visualization techniques to display data and the results of analysis in clear straightforward presentations that can be understood by non-technical readers.
• Conduct annual model performance assessments to ensure existing models are working as intended and meet the criteria and /or make model improvement recommendations.
• Distribute validation reports and consult with model and business owners and other stakeholders such as senior management, on model validation results.

Qualifications:

• 5-8 years relevant experience
• 2-3 years of hands on experience ofSAS/SQL
• Possess analytic ability and problem solving skills
• Working experience in a quantitative field
• Willing to learn and can-do attitude
• Excellent communication and interpersonal skills, be organized, detail oriented, flexible and adaptive to matrix work environment
• Ability to build partnerships with cross-function leaders

(Preferred)

• Experience in regulatory model validation.
• Experience with financial services companies (retail banking, small business banking, commercial, institutional, private banking)
• Mantas and AML monitoring systems experience or other transaction monitoring systems a plus
• Knowledge of the local/regional laws and regulations applicable to anti-money laundering

Education:

• Bachelors/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.