Artificial Intelligence Model Validator for Financial Crime Compliance

1 month ago


Stockholm, Stockholm, Sweden Nordea Bank Full time

Discover a challenging role as an Artificial Intelligence Model Validator for Financial Crime Compliance at Nordea Bank. We are looking for experts in AI and machine learning to join our team.

About this Opportunity

Welcome to Model Risk and Validation at Nordea Bank, where we conduct independent model validation for diverse portfolios of models. Our team is seeking a highly skilled professional to support our validation activities, with a focus on validating AI models used for financial crime compliance. As an AI Model Validator, you will play a crucial role in ensuring that models are conceptually sound and appropriate for their intended business use.

Key Responsibilities:
  • Validate AI models with a focus on those used for financial crime compliance (anti-money laundering, fraud detection models etc.).
  • Conduct quantitative and qualitative analysis and document your conclusions and recommendations on how to improve the model in a report to support decision making.
  • Perform governance activities such as model identification and follow up on validation findings.
  • Challenge model developers and model owners on design and implementation of models and provide actionable feedback.
  • Collaborate with colleagues across the Nordea Group in reporting validation outcomes to senior management.
Requirements

To succeed in this role, we believe you have:

  • Excellent collaboration skills, with experience working independently.
  • A strong ability to deliver timely and high-quality analysis.
  • An eye for detail, combined with a broad perspective.
  • Innovative thinking, with a passion for tackling complex multidisciplinary tasks.
  • Excellent communication skills in English, both spoken and written, as well as expertise in scientific writing.
Your Background and Qualifications

We are looking for candidates with:

  • An academic degree in a quantitative field, such as mathematics, statistics, physics, data science or similar from a high-quality academic institution.
  • Expertise in AML, fraud analytics, model tuning and calibration, data segmentation techniques.
  • In-depth knowledge of AI and machine learning.
  • Experience in programming Python, but other programming languages are also valuable.
  • Previous experience in model validations is a plus.
Working with Us

At Nordea Bank, we're committed to being a partner our customers and society can count on. We're looking for talented professionals who share our values of collaboration, ownership, passion, courage, and innovation. This role offers a unique opportunity to contribute to the development of AI models used for financial crime compliance and make a meaningful impact on our organization.

Estimated Salary: 60,000 - 80,000 EUR per annum

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