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Farmers & Merchants Bank of Long Beach · 11 hours ago

ERM Data Analyst

Lakewood, CA

Full-time

Onsite

Senior Level

$79K/yr - $127K/yr

5+ years exp

Farmers & Merchants Bank of Long Beach is seeking an ERM Data Analyst to assist in executing their Enterprise Risk Management data management goals. The role focuses on data analytics and automation to enhance compliance monitoring and strengthen risk reporting, while providing support for various risk analytics and compliance reporting tasks.

BankingFinancial ServicesLending

H1B Sponsor Likely

Responsibilities

Build data pipelines, analytics models, and dashboards that transform complex risk and compliance datasets into actionable insights

Use Python to:

Automate recurring compliance tasks (data quality checks, reconciliation, monitoring scripts)

Perform statistical analysis (alert rate, false positive ratio, model performance trends)

Conduct anomaly detection, trend analysis and pattern recognition to enhance AML and fraud insights

Develop and maintain Power BI dashboards to track production for Verafin (alerts, cases, EDDs, SARs)

Create interactive compliance and risk reports (BSA/AML, Fair Lending, CRA) to support regulatory examinations and management reporting

Utilize enterprise data warehouse tools to aggregate, validate, and reconcile data from multiple systems

Partner with IT/Business Intelligence team to ensure SQL based data integration from warehouse source into ERM reporting environments

Automate compliance processes, calculations, reduce manual efforts and improve department’s efficiencies for effective second line of defense program, which includes monitoring and testing activities

Partner with Compliance and BSA Departments to align monitoring and reporting with internal and external stakeholders

Support model owners with documentation, testing support, outcome analysis, and ongoing monitoring

Support risk and compliance reporting deliverables for regulators, internal audit, and management committees

Responsible for pulling and/or inputting all applicable data for risk assessments performed by the Compliance and BSA Departments

Support model owners with documentation, back-testing, and outcome analysis in line with SR 11-7/ OCC 2011-12, and ongoing monitoring

Perform data driven analysis of BSA/AML model performance (alert quality, false positive, SAR outcomes)

Assist in tuning and calibration of Verafin FRAML models by recommending parameters adjustments backed by statistical evidence

Document tuning rationale and ensure alignment with model governance approval processes

Provide business-facing system administration support for 2LOD applications:

Conduct release testing and escalate vendor issues as needed

Develop governance processes to support Verafin, GRC and other applications including system inputs, data quality and management and day to day activities

Manage system parameters/user permission settings

Assist with workflow configurations and queue management

Report directly to ERM Data Manager and provide senior level support for risk analytics and data driven reporting initiatives

Contribute to ERM data governance, automation and analytics strategy

Function as subject matter experts on BSA/AML data analytics, Fraud data analytics, FRAML system metrics, and regulatory data insights

May assist in performing monthly/quarterly certifications

Recommends enhancements and/or input regarding monitoring activities, procedural updates, revisions or creation of department desk procedures to BSA Management

Performs special projects and other related duties as assigned or requested

Maintains documentation on the internal, BSA SharePoint

Testing, tuning, ticket/case creating and tracking, and administrator of Verafin

Maintains System Parameters/User Permission Settings

Creation of Model Risk Management (MRM) documentation

Create and maintain policies and procedures Compliance Monitoring & Support

Verafin Model Calibration/Tuning

Compile Data and support management with creating Presentation Decks for Management and Board Committees

Perform periodic data integrity check on AML software

Maintain adequate filing and tracking system for areas of coverage, including updating key documents

Attend seminars to enhance knowledge in respective job functions

Qualification

PythonSQLPower BIVerafin FRAMLData AnalyticsRisk Data AnalyticsBSA/AML KnowledgeData WarehouseCAMS CertificationMicrosoft ExcelMicrosoft WordMicrosoft OutlookCritical ThinkingCommunication Skills

Required

Bachelor's degree in data analytics, information systems, finance or related field

5+ years of experience in risk data analytics, such as BSA/AML, risk and compliance analytics

Strong proficiency with Python, SQL, Power BI and data warehouses

Experience with Verafin FRAML, including administration and/or model tuning/calibration and system support

Knowledge of regulatory frameworks: BSA/AML, CRA, Fair Lending, MRM (SR 11-7 / OCC 2011-12)

Clear understanding of the English Language (Spoken & Written)

Critical Thinking, Judgment & Problem-Solving Skills

Ability to respectfully communicate with supervisors and co-workers

Proficient in Microsoft Excel, Word, Outlook

Preferred

CAMS Certification preferred but not required

Company

Farmers & Merchants Bank of Long Beach

Founded in Long Beach in 1907 by C.J.

Founded in 1908

Timberville, Virginia, USA

501-1000 employees

https://www.fmb.com/

H1B Sponsorship

Farmers & Merchants Bank of Long Beach has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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