Canada•Brazil•Ireland•Cyprus•Portugal•Poland•United Kingdom
Remote
Mid Level
Full Time
AMLCFTModel Risk ManagementCryptoFinancial Compliance
Requirements
- •Bachelor's degree in a quantitative field (e.g., mathematics, statistics, computer science, engineering).
- •3+ years of experience in model validation, risk management, or a related field, preferably in AML/CFT.
- •Strong understanding of machine learning and statistical modeling techniques.
- •Deep understanding of fiat and crypto payment flows.
- •Proficiency in programming languages (e.g., Python, R, SQL).
- •Experience with data visualization tools (e.g., Tableau, Power BI).
- •Strong understanding of financial markets, products, and services.
- •Excellent written and verbal communication skills.
What You'll Do
- •Perform independent validation of Transaction Monitoring, Customer Risk Assessment, and Screening models including AI models.
- •Review model pre & post development documentation, data quality, accuracy, access and testing methodologies.
- •Assess model performance, accuracy, and stability.
- •Evaluate model risk and identify potential biases.
- •Review AI Models for AML/CFT Program.
- •Ensure models comply with relevant AML/CFT regulations including EU AML/CFT Directives, US BSA/AML regulations, and FATF recommendations.
- •Conduct risk assessments to identify potential AML/CFT risks associated with models.
- •Identify higher-risk customer segments, products, and geographies.
- •Assess the effectiveness of controls and mitigants.
- •Develop and implement procedures for ongoing model monitoring and maintenance including annual reporting and certification.
- •Track model performance and identify degradation.
- •Conduct regular model reviews and updates.
- •Collaborate with model engineering and owners, AML/CFT subject matter experts, business units and risk management teams.
- •Prepare and maintain high-quality documentation including model validation reports, risk assessments, and regulatory compliance reports.
- •Contribute to the development and maintenance of model validation methodologies and frameworks.
Nice to Have
- •Professional certifications (e.g., FRM, CDA, CAP).
- •Experience with AML/CFT transaction monitoring and Customer Risk Assessment systems.
- •Knowledge of cloud-based technologies.
- •Experience with agile development methodologies.
About Kraken
Kraken is a cryptocurrency exchange platform that provides parachain auctions, staking, and index services.
San Francisco, CA
1000 - 5000
Finance