SoFi
Senior Data Scientist
United States · Senior
Sponsorship not specifiedDetected 6 days ago
AlgorithmsCode ReviewSQLSnowflakeDockerKubernetesTerraformDatadogMachine LearningData ScienceData VisualizationStatisticsComplianceAuditingResearchInternal Audit
About the role
- Additionally, this role will also support AML governance initiatives including risk assessments and internal/external inquiries.
- The Compliance Senior Data Scientist will be responsible for assisting the Anti-Money Laundering Compliance program with model development, model optimization, model validation, management information reporting, AML system integration, AML data infrastructure and AML data architecture to effectively fight financial crime.
Responsibilities
- Maintain, test and configure AML vendor solutions to ensure conceptually sound design, proper implementation, and acceptable model performance.
- Ensure AML compliance and regulatory requirements are embedded in the model design.
- Document modeling methodology, data sources, assumptions, and validation results.
- Lead governance and quality control across the full AML model lifecycle including code reviews, validation of methodology, input data integrity, and performance metrics.
- Ensure adherence to the organization's established ML framework, coding conventions, documentation standards, and model risk management policies, embedding AML compliance and regulatory requirements into design and deployment.
- Develop governance documentation related to tuning efforts, parameter changes and data validation for AML transaction monitoring to ensure a comprehensive audit trail is maintained.
- Develop robust management information dashboards displaying real-time or near real-time AML metrics.
- Partner with and advise the AML Governance Unit by providing necessary data for AML Risk Assessments, internal/external audit examinations and other regulatory requirements.
Requirements
- Bachelor's Degree or Master's Degree in Statistics, Computer Science, Mathematics, Finance, Computer Science, Engineering or other relevant areas.
- 3+ years of experience in the finance industry focusing on BSA/AML, OFAC, or fraud modeling/analytics.
- Statistical/data analytical skills, including data quality validation, and predictive modeling experience in SQL and Python.
- Knowledge of and ability to leverage traditional databases, cloud-based computing, and distributed computing.
- Track record of leading AML governance-related initiatives, such as risk assessments, internal/external audits and other regulatory requirements.
- Demonstrated ability to communicate effectively with all levels of the organization and across different business lines.
Nice to have
- Knowledge of AML regulations and the USA PATRIOT Act.
- Familiarity with regulatory guidance on Model Risk Management (Federal Reserve SR Letter 11-7, OCC Bulletin 2011-12, FDIC FIL 22-2017, DFS504)
- Experience with data visualization (e.g., Tableau)
- Experience with data monitoring systems (e.g., DataDog, Monte Carlo)
- Experience with cloud data infrastructure (e.g., Snowflake)
- Experience with automated transaction monitoring (e.g., Verafin)
- Experience with customer/transaction screening (e.g., LexisNexis)
- Experience with infrastructure automation software (e.g., Terraform)
Compensation
- The base pay range for this role is listed below.
- Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
Benefits
- Architect and lead the design of advanced AML models utilizing machine learning and statistical modeling methods for supervised and unsupervised learning.
- To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
Company info
- Shape a brighter financial future with us.
- Together with our members, we're changing the way people think about and interact with personal finance.
- We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals.
- The industry is going through an unprecedented transformation, and we're at the forefront.
- We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way.
- Join us to invest in yourself, your career, and the financial world.
- Facilitate AML model development, implementation, optimization, assessment and validation of risk-based customer screening, transaction screening, transaction monitoring and AML customer risk rating covering multiple product lines, including banking, brokerage and lending to ensure sound risk coverage across the enterprise
- Research, compile and evaluate large sets of data to assess quality, integrity and completeness to determine suitability for AML model development.
- Exercise flexibility in selecting model architectures, algorithms, third-party libraries, and development workflows, provided they align with project objectives and organizational requirements.
- Oversee documentation and review processes for internal model validation, external regulatory examinations, and cross-functional approvals, while supporting resolution of development blockers and coordinating with key stakeholders.
- Track and report results of tuning and optimization activities and model performance to senior management.
- What you'll need:
- Notice of Employee Rights
This listing is sourced directly from SoFi's careers page and normalized into a canonical job model.