Transaction Monitoring Model Validator

£650pd Inside IR35

Remote in UK
Initial 4-6 months

emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

We are seeking a Transaction Monitoring Model Validator to play a critical role in the governance, validation, and deployment of Quantexa models. Acting as the central coordination point throughout the model lifecycle, you will ensure that robust governance and risk management frameworks are established and maintained in line with business requirements, particularly within Transaction Monitoring (TM) and Financial Crime environments.

Working closely with Data Scientists, Developers, Risk teams, and key business stakeholders, you will be responsible for ensuring full traceability of model development and validation activities. You will provide assurance that validated models operate as intended, documenting the end-to-end rationale behind model decisions, including the supporting evidence, methodology, assumptions, and validation outcomes.

The role requires a balance of strategic oversight and hands-on involvement, ensuring models meet governance standards while supporting efficient and pragmatic delivery.

Key Responsibilities

• Lead and coordinate model validation activities throughout the model lifecycle.

• Ensure robust governance, risk management, and validation frameworks are implemented and maintained.

• Work closely with Data Scientists, Developers, and Risk teams to validate model design, performance, and implementation.

• Establish and maintain complete model traceability, ensuring transparency of decisions and outcomes.

• Document the "what, why, and how" behind model development, validation findings, assumptions, and recommendations.

• Produce clear and comprehensive validation reports, covering model performance, safety, risk considerations, and implementation rationale.

• Monitor and track validation activities, ensuring issues are identified, managed, and resolved in a timely manner.

• Challenge model outputs, assumptions, and methodologies where appropriate to ensure robust validation standards.

• Identify gaps, risks, and areas for improvement across models, data, processes, and documentation.

• Support stakeholders in making informed, risk-based decisions by balancing regulatory requirements, delivery timelines, accuracy, and business objectives.

• Drive accountability across teams and ensure validation activities remain on track for successful delivery.

Required Experience & SkillsModel Validation & Governance

• Experience supporting or leading model validation activities within a regulated environment.

• Strong understanding of model governance, risk management, and validation frameworks.

• Experience working with cross-functional teams including Data Science, Development, Risk, Compliance, and Business stakeholders.

• Demonstrable experience producing high-quality validation and governance documentation.

• Ability to define, measure, and monitor validation progress, including issue management and remediation.

Stakeholder Management

• Strong communication and influencing skills with the ability to engage stakeholders at all levels.

• Proven ability to facilitate pragmatic decision-making across competing priorities such as cost, time, accuracy, and risk.

• Experience driving accountability and maintaining momentum across multiple workstreams.

Delivery & Execution

• Comfortable operating at both strategic and operational levels.

• Strong project management and coordination skills.

• Ability to contribute hands-on to validation activities, documentation, and governance processes.

• Experience managing complex deliverables within challenging timelines.

Problem Solving & Collaboration

• Pragmatic approach to balancing regulatory, certification, and business requirements.

• Ability to make informed trade-offs between ideal outcomes and practical delivery constraints.

• Proactive mindset with the ability to identify risks, gaps, and dependencies before they become issues.

• Strong collaborative approach, working closely with Data Scientists and technical teams to challenge assumptions and validate outcomes.

Desirable Experience

• Experience with Quantexa platforms and Financial Crime solutions.

• Experience within Transaction Monitoring (TM), AML, Fraud, Financial Crime, or Risk Analytics environments.

• Understanding of model risk management frameworks and regulatory expectations.

• Experience validating machine learning, analytical, or rules-based models.

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential. 

“emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin”