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Quantitative Analyst - Transaction Monitoring, San Francisco, California

Created 05/04/2021
Reference 2021-12679
Category Not set
Country United States
State California
City San Francisco
Zip 94102
Salary Competitive
At First Republic, we care about our people. We offer extraordinary client service in private banking, private business banking, and private wealth management. Founded in 1985, we believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You'll always feel empowered and valued at First Republic.

Incredible teams doing exceptional work, every day.

The Financial Crimes Risk Management group consists of anti-money laundering, economic sanctions, foreign corruption, fraud, and corporate security. Our program is designed to ensure protection of our clients, the U. S. financial system, and our country from illicit actors who exploit banking services with nefarious and criminal intent. Our fraud group protects our clients and Bank from losses while the Bank's physical security team protects our clients, visitors, employees and Bank's monetary and physical assets.

Common goals, uncommon potential

As a Quantitative Analyst - Transaction Monitoring, you'll be responsible for developing analytical solutions for the detection of fraud and money-laundering risk across the First Republic payments and transactions ecosystem. The goal of these solutions is to protect First Republic from money-laundering risks and our customers from fraud losses. In this position, you'll draw on your expertise in Actimize SAM engineering and solution design as well as experience in anti-money laundering typologies and risk within the financial services industry. You'll have the opportunity to take on new challenges, crack tough problems and work cross-functionally in a fast-paced, innovative and incredibly fun team.

What you'll do as a Quantitative Analyst - Transaction Monitoring :
  • Lead design, development, and unit testing of anti-money laundering models for both onboarding and ongoing monitoring purposes.
  • Work closely with key business stakeholders across technology functions and the business to ensure solution delivery meets success criteria.
  • Lead ongoing monitoring strategy for the transaction monitoring solutions including: regression testing of projects and BAU releases, data governance, and issue remediation.
  • Communicate key findings and progress within the Bank and to senior stakeholders.
  • Research, explore and enable new quantitative techniques and technologies in data science.
  • Provide thought leadership and embrace emerging industry innovation.


You could be a great fit if you have:
  • A bachelor's or master's degree in statistics, mathematics, computer science, economics, operations research or the equivalent
  • Proficiency in SQL is required
  • Direct design experience in Actimize SAM solution or comparable transaction monitoring solution; especially qualified if experience includes Scenario Designer proficiency
  • Actimize Certifications (Basic AIS and RCM, AML-SAM Solution Implementation, Scenario Designer, ERCM Advanced Implementation) is a plus
  • Direct experience working for a BSA/AML or regulatory compliance function at a financial institution
  • Familiarity with BSA/AML regulation and industry standards
  • The ability to work in a Linux and Windows environment
  • The ability to learn quickly, adapt and work independently in a fast-paced environment
  • Excellent oral and written communication skills, including the ability to conduct meetings and make professional presentations and to explain complex concepts and technical material to nontechnical users
  • Strong project management and stakeholder management skills

Job Demands:
  • Must be able to review and analyze data reports and manuals; must be computer proficient.
  • Must be able to communicate effectively via telephone and in person.

Own your work and your career - apply now

Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

We want hard working team players. You'll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability - that's the First Republic way.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.
Employer First Republic Bank

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