BSA/AML SYS ANALYST, SR at Old National Bank in Evansville, Indiana

Posted in General Business 15 days ago.

Type: Full-Time

Job Description:


Old National Bank was established in 1834. Today we are the largest financial services holding company headquartered in Indiana. We provide an array of services to our clients which include Retail Banking, Investments, and Wealth Management. At Old National we believe that by helping our associates balance work life with home life, we create a more productive workforce and a stronger company.

In 2020, Ethisphere Institute announced Old National Bank as one of the World's Most Ethical Companies for the ninth consecutive year.

The Senior BSA/AML Data Science Analyst, as a member of the Financial Investigations Unit (FIU), partners with Management in the oversight and responsibility for the Bank's transaction monitoring and customer risk management models employed in monitoring and alerting for suspicious, fraudulent and/or high-risk activity. Using a strong understanding of business systems, models, and / or BSA related regulations, this position assists in the development, implementation, and maintenance of models based on user needs, strategic objectives and regulatory / internal control requirements.

The Senior BSA/AML Data Science Analyst must keep abreast with current and emerging money laundering and financial crime trends. They must also understand the Risk Appetite of the bank and be able to manage, identify and adjust to the changing customer risk profile of the bank which includes the ability to structure "outside of the box" solutions.


  • Provide expertise in mathematical concepts supporting development, maintenance and enhancements of Anti-Money Laundering (AML) scenario and Customer Risk Rating (CRR) models

  • Document the processes and procedures utilized to create datasets used in the design, recalibration and maintenance of the BSA/AML models.

  • Ensure documentation of statistical analysis of models and enhancements meet risk management and regulatory standards.

  • Work closely with all BSA/AML departments and managers to identify business requirements for program enhancements including scenarios or reporting needs.

  • Effectively compile and communicate testing and tuning results to the BSA management team, IT support partners and other line of business partners.

  • Prepare data visualizations for Risk Assessment processes that empower management to make sound business decisions.

  • Perform coverage assessment of both FCRM and CRR model to ensure compliance with regulations and regulatory guidance. Identify gaps in coverage and recommend solutions.

  • Using Power Bi or other data visualization tools, build and support dashboards for management reporting

  • Engage in mentoring activities to develop analysts at all levels


  • Bachelor's Degree in Mathematics, Statistics or related quantitative discipline, required

  • 3-4 years relevant experience in statistical analysis or outstanding academic credentials OR an equivalent combination of education and experience.

  • Background in banking processes or banking compliance desirable

  • CAMS, CAFP, or CRCM, preferred

  • Advanced statistical model knowledge, including model development, documentation, implementation ad calibration.

  • Ability to exercise logical and analytical processes to problem solve and develop creative solutions

  • Experience creating dashboards and reporting utilizing a variety of tools including PowerBi for use in management oversight

  • Proficiency using SQL and extracting data from databases

  • Excellent verbal and written communication skills and interpersonal skills

  • Proven ability to work in a collaborative team environment while still completing assigned projects independently.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Talent Development Team Leader, VP, to fill a specific position.