Sr. Financial Crimes Systems Tuning Analyst - Remote or Hicksville, NY, or Manhattan, NY or Troy, MI

Position Title

Sr. Financial Crimes Systems Tuning Analyst - Remote or Hicksville, NY, or Manhattan, NY or Troy, MI

Location

Nationwide, MI 48098

Job Summary

Financial Crimes Compliance (FCC) supports Flagstar Bank’s quest to provide an effective BSA/AML Compliance program, Fraud Prevention, Detection and Investigation program, and Loss Prevention program. The FCC team works with the Bank’s automated systems, including planning, process improvements, model validation, tuning & analytics, reporting, third party vendor management, and quality control. The Financial Crimes Systems Senior Tuning Analyst will provide tuning expertise and support for the FCC tuning and optimizing activities which includes pre-production (BTL) and production (ATL) tuning. In addition, the calibration of existing production configuration which provides a full audit trail of the data analysis, justification, and approval process for optimizing the parameters within FCC’s monitoring applications.
Pay Range - $84,878.04 - $112,463.0 - $140,048.77

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Works with FCC team, supporting the workstream with key deliverables and projects, including periodic tuning and optimization and regulatory deliverables of FCC systems.

• Performs and documents procedures for data preparation including analysis and interpretation.

• Creates and executes a tuning process and ensure that a consistent and repeatable methodology is followed including but not limited to the following:

  • Identify monitoring requirements.

  • Prioritize monitoring gaps and inefficiencies.

  • Perform analysis and tuning.

  • Implement monitoring enhancements.

  • Ongoing assessment and optimization

• Enhances rule execution efficiency.

• Uses a blend of technical expertise and business acumen to address complex business challenges.

• Develops and performs statistical analysis to identify patterns and correlations in the data.

• Creates visually compelling and easy-to-understand dashboards and reports adhering to best practices and governance standards.

• Communicates findings to stakeholders through charts, graphs, and presentations.

• Translates complex data findings into compelling narratives that drive business decisions using both static and dynamic analytic tools.

• Gathers and documents business requirements:  Works with key stakeholders in FCC department and understand their requirements to arrive at the desired end-state.

• Creates analytical data models to support dynamic reporting requirements to meet FCC functional requirements.

• Assists in designing and implementing risk-based alert scoring, addressing and resolving logic and configuration in monitoring scenarios.

• Actively participates in system upgrades.

• Assists in automated solutions to improve process efficiency.

• Uses advanced statistical techniques like clustering and regression analysis to ensure appropriate rigor around optimization process.

• Adheres to standards for segmentation methodology, scenario tuning methodology, peer grouping, below/above the line (BTL/ATL) sampling methodology.

• Configures/executes periodic above the line (ATL) and below the line (BTL) testing for AML rules.

• Provides detailed quantitative analysis of the test results.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.

• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Undergraduate Degree in Business or Information Systems, or related field.

• 3-5 years of financial industry, BSA/AML or related experience.

• 3-5 years of experience with TM system Tuning & Optimization (ATL/BTL) analysis.

• 3-5 years of financial institution IT experience.

Preferred Qualifications:

• Demonstrated experience with tuning and optimization solutions.

• Knowledge of Coverage and Risk Assessment.

• Knowledge of Flagstar’s IT Systems in other business units that have BSA Compliance impact.

• Experience with the NICE Actimize application and solutions (CDD and SAM Modules).

• Experience with AML transaction monitoring data and data analysis.

Job Competencies:

• Excellent knowledge of visual techniques for data analysis and presentation.

• Excellent knowledge of statistical concepts and methods.

• Fluency in the following tools:

  • Microsoft Excel (vlookups, pivot tables, macros), PowerPoint and Word

  • SQL Server or similar SQL-based database

  • Python, R Scripting or similar scripting language

  • Tableau or similar data visualization tool

  • Prior experience using PowerBI is a plus.

• Detail-oriented with an interest in repeatable processes and automation.

• Ability to quickly learn various computer applications and new technology.

• Display a high level of confidentiality.

• Work independently with minimal supervision.

• Excellent analytical, judgment, and research skills.

• Ability to multi-task and set priorities.

• Positive attitude, enthusiasm, professionalism, and strong work ethic with high level of integrity and ethics.

• Team-oriented, great at problem solving, able to handle multiple priorities and excel in a dynamic and fast moving environment.

• Outstanding written and verbal communication skills with ability to work collaboratively with all levels of an organization, including the ability to clearly communicate the difference between regulatory requirements, industry standards, and business risk decisions.

• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.