# Model Risk Management Specialist

**Company:** [Kraken](https://hotfix.jobs/companies/kraken)
**Location:** Remote
**Role:** Data Analytics
**Experience:** 3+ years
**Skills:** Model Validation, Transaction Monitoring, Customer Risk Assessment, Aml/Cft, Machine Learning, Statistical Modeling, Python, R, SQL, Tableau, Power BI, Risk Management, Cloud Technologies, Agile
**Posted:** 2026-09-06

> Validates and monitors AML/CFT transaction monitoring, customer risk assessment, screening, and AI models while assessing regulatory compliance, model risk, performance, and bias. Requires a quantitative bachelor's degree, 3+ years of relevant experience, and proficiency in Python, R, and SQL.

## Job Description

## Responsibilities
- Independently validate Transaction Monitoring, Customer Risk Assessment, Screening, and AI models used for AML/CFT programs.
- Review pre- and post-development documentation, data quality, accuracy, access controls, and testing methodologies.
- Assess model performance, accuracy, stability, risk, and potential bias.
- Ensure models comply with EU AML/CFT Directives, US BSA/AML regulations, and FATF recommendations.
- Conduct AML/CFT model risk assessments, including analysis of higher-risk customer segments, products, geographies, controls, and mitigants.
- Develop procedures for ongoing model monitoring and maintenance, including annual reporting and certification, performance tracking, degradation detection, and regular reviews and updates.
- Collaborate with model engineers and owners, AML/CFT subject matter experts, business units, and risk management teams.
- Prepare model validation reports, risk assessments, and regulatory compliance reports.
- Develop and refine model validation frameworks and identify relevant best practices and industry standards.

## Requirements
- Bachelor's degree in mathematics, statistics, computer science, engineering, or another quantitative field.
- 3+ years of experience in model validation, risk management, or a related field, preferably in AML/CFT.
- Strong understanding of machine learning and statistical modeling techniques.
- Deep understanding of fiat and crypto payment flows.
- Proficiency in Python, R, and SQL.
- Experience with data visualization tools such as Tableau or Power BI.
- Strong understanding of financial markets, products, and services.
- Excellent written and verbal communication skills, including the ability to explain complex technical concepts to non-technical stakeholders.

## Nice-to-haves
- Professional certifications such as FRM, CDA, or CAP.
- Experience with AML/CFT transaction monitoring and Customer Risk Assessment systems.
- Knowledge of cloud-based technologies.
- Experience with agile development methodologies.

## Similar jobs

- [Member of Technical Staff](https://hotfix.jobs/jobs/5c297f17-5f6d-445f-9d6c-d21704231e80) - Perplexity - Belgrade, Serbia
- [Market Research Manager](https://hotfix.jobs/jobs/3da1715f-68a1-4304-9f4b-aeceaf0957c6) - PointClickCare - Mississauga, Canada - CA$86k – CA$96k/yr
- [Alternatives Data Operations Analyst](https://hotfix.jobs/jobs/16a48cad-9163-4057-ab66-6cd008763a42) - Addepar - Edinburgh, United Kingdom
- [Operations Business Analyst](https://hotfix.jobs/jobs/da58cf7e-85e3-4b55-ac8b-4d7ab033626d) - MongoDB
- [Data Analyst](https://hotfix.jobs/jobs/23a3fe0c-6758-4356-857f-5a868cfbf2bf) - Stripe

**Apply:** https://hotfix.jobs/jobs/33ebef34-dac3-4aca-8d43-1f8cbe4aab96
**Canonical:** https://hotfix.jobs/jobs/33ebef34-dac3-4aca-8d43-1f8cbe4aab96