About the role
Description
Matrix IFS is seeking a FircoSoft Subject Matter Expert (SME) to join our organization. This is a hands‑on, technical, client‑facing role supporting major financial institutions and enterprise clients in the detection and prevention of financial crime and fraud.
The ideal candidate will bring deep expertise in FircoSoft screening platforms, strong analytical capabilities, and experience working closely with compliance, operations, and technology teams to optimize sanctions and transaction monitoring outcomes while meeting regulatory expectations.
Key Responsibilities
Lead end‑to‑end optimization of FircoSoft screening solutions, including tuning of matching algorithms, fuzzy logic, and thresholds to improve precision and significantly reduce false positives.
Perform Above‑the‑Line (ATL) and Below‑the‑Line (BTL) testing, impact analysis, and A/B comparisons using historical data to ensure statistically sound and operationally efficient configurations.
Analyze alert volumes and false positives to identify root causes, including data quality issues, tokenization gaps, and watchlist matching logic; implement targeted reduction strategies such as suppression rules and exception handling.
Define, govern, and maintain low‑risk token and exception frameworks, including approval workflows, documentation, and periodic reviews aligned with regulatory expectations.
Advise Financial Intelligence Units (FIUs) on algorithm selection, coverage gaps, and advanced screening scenarios, including transliteration and multi‑script matching.
Partner with investigators and operations teams to address workflow inefficiencies, alert backlogs, and investigative challenges.
Develop and maintain MIS reporting and dashboards covering alert trends, productivity, SLA adherence, and capacity planning; provide actionable insights to optimize workload and staffing models.
Support FircoSoft system upgrades, implementations, and integrations (e.g., SWIFT, CHIPS, Fedwire), including requirements documentation, SIT/UAT testing, and post‑go‑live support.
Ensure all tuning activities, configurations, and processes are thoroughly documented and compliant with regulatory and model risk frameworks, including SR 11‑7, OFAC, and DFS Part 504.
Support internal audits, regulatory examinations, and model validation reviews by providing clear documentation, analysis, and subject‑matter expertise.
Required Qualifications
Bachelor’s degree required.
8+ years of experience in financial crime compliance, sanctions screening, or transaction monitoring roles.
Strong hands‑on experience with FircoSoft platforms and sanctions screening optimization.
Solid proficiency in SQL, data analysis, and handling large datasets for tuning and performance assessment.
Strong understanding of financial crime risk and compliance, including sanctions, AML, and fraud typologies.
Experience working in highly regulated financial services environments, preferably supporting Tier‑1 or large regional banks.
Ability to work directly with clients and internal stakeholders in a consultative, problem‑solving capacity.
Strong documentation, analytical, and communication skills.
Preferred Qualifications
Experience supporting regulatory remediation programs, model validation, or enforcement‑related initiatives.
Familiarity with FIRCO integrations across payment, transaction, and messaging systems.
Experience developing governance frameworks for alert reduction, risk acceptance, and exception management.
Prior consulting or client‑facing delivery experience.
What Success Looks Like
FircoSoft screening environments that demonstrate material reductions in false positives without increasing regulatory risk.
Clients who rely on you as a trusted technical advisor for complex sanctions and screening challenges.
Well‑documented, audit‑ready tuning processes aligned with regulatory expectations.
Improved operational efficiency, investigator productivity, and measurable compliance outcomes for clients.
🚀 Why Join Us?
You’ll work with a talented global team, contribute to meaningful technical initiatives, and help shape a high‑performing DevOps culture.
Matrix is a global, dynamic, and fast‑growing technology services and consulting company with over 17,000 employees worldwide. Founded in 2001, Matrix has grown through significant organic expansion and strategic acquisitions, executing some of the largest and most impactful technology projects in the market.
We specialize in the design, development, and implementation of advanced technologies, software solutions, and digital products. Our services include infrastructure and consulting, IT outsourcing and offshore delivery, training and assimilation programs, and acting as a trusted implementation and delivery partner for the world’s leading software vendors.
With deep expertise across both the private and public sectors—spanning Finance, Telecom, Healthcare, Hi‑Tech, Education, Defense, and Security—Matrix serves a strong customer base in Israel alongside a continuously expanding global client portfolio.
At Matrix, our people are at the heart of our success. We are a community of talented, creative, and dedicated professionals who are passionate about innovation and excellence. We actively attract, develop, and retain top talent, recognizing that every employee’s contribution is critical to our continued growth and future success.
Matrix’s success is built on a challenging and engaging work environment, competitive compensation and benefits, and meaningful career development opportunities. We foster a diverse, inclusive culture that encourages collaboration, continuous learning, and growth—together.
Join the winning team. Be challenged, grow your career, and enjoy the journey in a highly respected global organization.
To learn more, visit: www.matrix-ifs.com
Originally posted on Himalayas