AML Model Validation Senior Analyst
The AML Model Validation Senior Analyst at Interactive Brokers (IBKR) is a pivotal role within the company's global compliance framework. This position is based in Mumbai, India, and reports directly to the AML Model Validation Manager. IBKR, a leading financial services firm headquartered in Greenwich, Connecticut, offers electronic brokerage services across various asset classes to clients worldwide. The company is renowned for its innovative technology and commitment to client service.
In this role, the Senior Analyst is responsible for conducting independent validations of Anti-Money Laundering (AML) and financial crime detection models across IBKR's global entities. Key responsibilities include validating models related to money movement, transaction monitoring, trade surveillance, sanctions screening, and risk ratings. The analyst will develop and execute validation test scripts using Python and SQL, assess model accuracy and performance, and ensure compliance with regulatory requirements. Additionally, maintaining organized records of validation activities and preparing comprehensive reports are essential aspects of the role.
Candidates should possess a Bachelor's degree in Computer Science, Data Science, Statistics, Mathematics, Finance, or a related quantitative field. A minimum of three years of experience in model validation, model development, or quantitative analysis is required, with at least one year specifically in AML or financial crime model validation. Proficiency in Python and NoSQL for data analysis, along with expert-level SQL skills, is essential. A strong understanding of AML/BSA regulations, OFAC sanctions, and financial crime typologies is also necessary. The ideal candidate will demonstrate excellent analytical, problem-solving, collaboration, and communication skills.
IBKR offers a competitive salary package complemented by performance-based annual bonuses in both cash and stock options. The company provides a hybrid working model, requiring four days in the office per week. Additional benefits include group medical and life insurance, modern office facilities with free amenities and fully stocked cafeterias, monthly food cards, company-paid snacks, and a hardship/shift allowance with company-provided transportation. Employees also enjoy attractive referral bonuses and frequent company-sponsored team-building events and outings.
Interactive Brokers fosters a dynamic and innovative work environment, encouraging professional growth and development. The company is committed to leveraging cutting-edge technology to enhance financial opportunities for its clients. Joining IBKR provides an opportunity to be part of a global team dedicated to excellence in financial services.