Jacob Norville

About Jacob Norville

I am a Senior in EY’s Financial Crime Technology Consulting practice. I specialize in…

Experience

1. Senior Technology Consultant

   EY

   Sep 2024 — Present · New York, NY, US

   Executed pre-production threshold tuning for ATL/BTL monitoring strategies across various financial crime compliance systems. Utilized historical transaction data and statistical analysis to identify optimal thresholds that effectively balance detection sensitivity and operational efficiency. Simulated multiple threshold settings to ensure that the implemented thresholds accurately captured suspicious activities while minimizing false positives, ultimately enhancing the effectiveness of the client’s AML detection capabilities- Performed segmentation for both large international banks and medium-sized regional banks. Executed top down and bottom-up segmentation exercises utilizing clustering algorithms and other statistical methods to define party level segments tailored to the specific risk profiles of financial institutions\' transaction monitoring systems, ultimately enhancing the accuracy and efficiency of the client’s AML system- Conducted scenario validation post threshold tuning implementation within the Actimize SAM solution, ensuring detection logic effectiveness by analyzing alert volumes, false positives, and threshold alignment with risk typologies.

Education

• Claremont McKenna College

  Bachelor's degree

  2017 — 2021