Responsibilities
:Develop and update model tuning plans.Maintain model governance framework and keep all supporting documentation up to date.Interacting with key model governance and other leadership stakeholders across Interactive Brokers around model risk during all model life cycle stages to ensure the effective governance and oversight of model identification, development, use, and evaluation processes.Assessing model documentation, including development, monitoring, and implementation documentation, for completeness against program standards and templates. Perform qualitative and quantitative analysis of financial crime data. Develop codes to perform data analyses using Python and SQL.Perform UAT testing of model changes.Conduct testing and tuning for AML and Trade Surveillance Reports/Models.Validate algorithm and programming logic in Python, SQL and Java.Support maintenance of documentation pertaining to tuning reports, tuning schedules and data analyses.
The ideal candidate will have some regulatory compliance experience working for an exchange, a regulatory organization, a Broker Dealer (BD), a Futures Commission Merchant (FCM) or a similar organization.
Qualification & Skills:
Bachelor's or master's degree in computer science or related degree. Experience in documentation, PowerPoint presentations and Excel with strong analytical skills. Minimum two years of relevant experience developing, testing, tuning, and validating models at financial institutions. Minimum of two years of experience in relational databases (Oracle). Python or similar scripting language experience. Knowledge of model risk related to AML, Sanctions and Market Manipulation.
Interactive Brokers is an online broker offering trading access for experienced traders to products traded on 150 markets and exchanges worldwide. IBUK is part of a global group of financial services companies with over $12 billion in equity capital and publicly traded under the symbol "IBKR."
Location
20 Fenchurch Street, London, EC3M 3BY
9 am – 6 pm, Monday – Friday
Benefits
Career support and development Salary commensurate with experience Performance-based discretionary cash bonus scheme Discretionary stock grant Group Life Assurance cover Group Income Protection Occupation pension scheme based on Gross earnings Hybrid working model Above statutory annual leave, increasing with service Daily company-paid lunch and healthy snack options throughout the day (when working from the office) Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants)* Corporate events Travel season ticket loans Cycle to work scheme
*on successful completion of the probation period
Interactive Brokers is an Equal Opportunity Employer committed to offering employees a diverse, equitable and inclusive workplace.
If you have what it takes to become part of our London office team, please apply today!
Interactive Brokers (UK) values in promoting, monitoring, implementing best practices, policies and procedures and culture in adhering to and promoting the FCA Consumer Duty with the organisation.