Risk Model Management Specialist

We are looking for an experienced Lead Developer to own the development, validation, and governance of transaction monitoring models within a Financial Crime Prevention / AML function for a major Nordic banking client.

This role combines deep model risk expertise with hands-on analytical work, balancing rigor and practical constraints while driving model governance forward within the Transaction Monitoring Unit (TMU).

Key Responsibilities:
Own the development and validation of transaction monitoring models, with a focus on model documentation, model review, and model governance
Drive model governance activities within TMU, including validation assessments and implementation of 2nd line feedback
Set and execute the direction for model development and experimental design, finding the right balance between analytical rigor and practical constraints
Document model design and outcomes, iterating with the analytics team to ensure accuracy, completeness and analysis of model assumptions, limitations and weaknesses
Provide hands-on support for prototyping tests and analytical methodologies
Mentor, uplift and collaborate within the analytics team to design, test, and implement model SOPs (e.g. data lineage/governance, tuning and calibration, monitoring of model operations and outcomes)
Represent the organisation with a high degree of professionalism in collaboration with external and internal stakeholders

Required Skills and Experience:
Extensive experience in model risk management, model governance, and validation
Strong background in data science, statistics and quantitative methods
Experience in academic or technical writing, particularly in the context of model documentation
Advanced degree in a quantitative field, e.g. Computer Science, Actuarial Science, Statistics, Mathematics, or equivalent
Strong analytical and problem-solving skills
Excellent communication, presentation and stakeholder management skills
Organised, structured and professional, able to take initiative and work proactively under own direction
Assertive communication with the ability to set direction and achieve results in a dynamic, changing environment

Nice to Have:
Experience in Financial Crime/AML, e.g. transaction monitoring and technology suppliers
Transaction monitoring platforms such as Quantexa
Experience as a model validator or quantitative risk analyst

Answer these questions separately in a few sentences and attach them to your application! (Mandatory!)

• Have you led the end-to-end development and validation of transaction monitoring models within a Financial Crime/AML function? If yes - please elaborate a bit.
• Do you have hands-on experience working with the Quantexa platform or a comparable transaction monitoring/contextual analytics solution? If yes - which one?
• Are you ok with hybrid work setting?*

Please apply with your updated CV in English, that clearly demonstrates your skills and experience relevant to this role.

Location: Helsinki/Stokholm/Copenhagen - 2-3 days/week at the office (Only those who already live in Nordic).
Start date: as soon as possible
Assignment end date: 31.10.2027, possible continuation

We offer you: We offer a versatile assignment where every day is different and interesting. We also offer a very competitive salary and good employee benefits.

Are you interested in becoming a part of our dynamic team? The position will be filled as soon as a suitable person is found, so please be quick and submit your application!

Please include your salary expectation in your application. For more information, contact Kimmo Kärsämä, tel. 050 412 7500, kimmo.karsama@lokki.fi <mailto:kimmo.karsama@lokki.fi>

Explore Lokki, through our blog and website: https://www.lokki.fi/ <https://www.lokki.fi/> .

Lokki Henkilöstöpalvelut Oy (Finnish for Seagull Recruitment Services) has been active in providing recruitment services since 2005 and we belong to The Private Employment Agencies Association HPL. Our vision is to provide the best customer experience with our reliable, humane and effortless service around Finland. Our most important asset is a person who, as we know, thrives in a reliable and supportive atmosphere. At Loki you will be supported by your own human resources consultant throughout your employment relationship. At Lokki, we believe in a partnership achieved as a result of flexible service. Explore us and our vacancies: https://www.lokki.fi/.

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