Data Analyst

This role is responsible for supporting the overall design, development, and delivery of dashboard metrics related to the data and systems within the Financial Crimes environment. Moreover, Analyst II will also participate in enhancing and maintaining ongoing systems reporting and the development of ad-hoc reports to support in-depth analysis. Essential Duties and Responsibilities · Develops expertise in transaction monitoring environment and provide prompt and consistent transaction monitoring input as necessary. · Conducts regular quantitative analysis of AML model output to verify model accuracy, efficiency, and effectiveness. · Builds statistical models to test effectiveness of proposed threshold parameters for Rule rewrites · Analyzes metrics to determine potential improvements required for yield optimization, and develop actions/strategies to enhance detection of suspicious activity. · Ensures that the AML transaction monitoring rules monitor for appropriate high-risk products/typologies · Creates appropriate and up-to-date documentation of all strategies used for AML and fraud transaction monitoring. · Builds relationships with investigation units, documenting and understanding key feedback. · Performs ad-hoc reviews as a result of events, issues or areas of concern and applies discovery analytics to evaluate potential risks. · Builds relationship with Vendors to escalate code alterations and any parameter changes as required due ineffectiveness of current rules, and/or troubleshoot system glitches · Assists in user testing of enhancements to AML, OFAC, and the client risk assessment systems. · Maintain ongoing customer review score tracking in Access/SQL databases · Develops scorecards, metrics, and other line of business-level reporting. · Develops subject matter expertise in various systems and reporting tools. · Assist in preparation of weekly and monthly management reports · Complies with all applicable federal and state laws and regulations.