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Compliance Data Scientist

Company: Texas Capital Bank
Location: Richardson
Posted on: March 19, 2023

Job Description:

Texas Capital Bank is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big banks at a scale that makes sense for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital Bank, we do more than build business success. We build long-lasting relationships.Headquartered in Dallas, Texas Capital Bank has offices in Austin, Fort Worth, Houston, Richardson, Plano, and San Antonio. We serve clients across the nation in a variety of industries. For more information about joining our team, visit

  • The Compliance Data Scientist will serve as a second line of defense subject matter expert developing and tuning models for analysis and assessment of risk levels to achieve compliance with applicable regulatory requirements. The main responsibilities include leveraging quantitative research and data science techniques to develop models for assessing Fair Lending, UDAAP, BSA/AML related risks.
  • As part of the Compliance Analytics team, you will be responsible for developing and enhancing models while creating reports, supporting documentation, and performing ongoing analysis to support the Financial Crimes Compliance (FCC) and Fair and Responsible Banking (FARB) teams.

    • The FCC team is responsible for identifying, investigating, and monitoring relationships that pose a money laundering or terrorist financing risk in support of all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing.
    • The FARB team is responsible for ensuring that the Bank does not engage in discrimination in the offering of products by making extensions of products equally available to all creditworthy applicants with fairness, impartiality, and without discrimination on any prohibited basis.

    • An ideal candidate will have quantitative or technical background with modeling experience, and an ability to communicate and collaborate well with others, and the ability to support and defend their modeling approach.


      • Leverage quantitative research and data science techniques to develop, review and tune models to achieve compliance with fair lending and BSA/AML regulatory requirements.
      • Work with Financial Crimes Compliance to define specifications for transaction monitoring models. Develop and maintain AML scenario tuning methodology, peer grouping, BTL (below the line) sampling technology.
      • Develop methodology and supporting documentation for fair lending related models and regression testing that identify, analyze and report potential discrimination of protected classes.
      • Acquire, interpret, and analyze data to support management in developing and maintaining a statistical database to analyze trends and patterns relating to the compliance function.
      • Prepare communication materials and technical documentation, including methodology descriptions consistent with regulatory guidance.
      • Support documentation, monitoring, and validation of the models.
      • Provide data science and modeling expertise to others involved in designing compliance strategies and solutions.
      • Work in partnership with Model Risk Management and Audit, support all reviews and audit functions. Create and maintain a model inventory list and ensure all models are reviewed periodically.

        The duties listed above are the essential functions, or fundamental duties within the job classification. - The essential functions of individual positions within the classification may differ. - Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.

        • Master's degree in Mathematics, Computer Science, Data Science, Information Management, or Statistics.
        • Minimum 5 years' experience working in financial institutions focusing on in-depth quantitative analysis field.
        • Demonstrated experience with SQL and statistical tools (e.g. R, SAS).
        • Experienced in Bank Regulatory (OCC, Federal Reserve, FDIC), Public Accounting/Consulting, and/or Internal Audit in the Banking/Financial Services industry
        • Previous relevant experience of fair lending analysis, and/or AML Transaction Monitoring system tuning preferably Actimize. (Preferred)
        • Outstanding problem-solving, with a strong analytical, data-driven work style. Possesses a keen attention to detail, but also the ability to see the big picture.
        • Excellent communication skills with the ability to drive consensus across cross-functional teams and influence decision making
        • Self-motivated, well organized and detail oriented to handle diverse and concurrent assignments
        • Collaboration with others. Team player who brings a "can-do and will-do" attitude.
        • Good time management skills and being able to work independently

Keywords: Texas Capital Bank, Richardson , Compliance Data Scientist, Other , Richardson, Texas

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