Job Description:
About AML RightSource
We are AML RightSource, the leading technology-enabled managed services firm focused on fighting financial crime for our clients and the world. Headquartered in Cleveland, Ohio, and operating across the globe, we are a trusted partner to our financial institution, FinTech, money service business, and corporate clients.
Using a blend of highly trained anti-financial crime professionals, cutting-edge technology tools, and industry-leading consultants, we help clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs.
We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 4,000 highly trained analysts and subject matter experts is the industry's largest group of full-time compliance professionals. Together with our clients, we are Reimagining Compliance.
About the Position
As a Data Product Specialist, you will be responsible for the development, implementation, management and continuous improvement of data-driven products and solutions of the data across our company's products. You will be the key liaison between the sales, product, and customer success teams, helping to ensure that the value proposition of the data products is clearly communicated and that client needs are met.
Primary Responsibilities
Contract Renewal & Negotiation:
- Manage the end-to-end contract renewal process for data products, including preparing renewal documents, tracking contract expiration dates, and ensuring timely renewals.
- Work closely with clients to negotiate contract terms, including pricing adjustments, product feature needs, and contract length.
- Collaborate with legal and finance teams to ensure all contracts comply with company policies and financial targets.
- Ensure compliance with ethical data usage regulations and promote privacy and security best practices.
Data & Analytics:
- Partner with data scientists and engineers to understand the data landscape and possibilities for product development.
- Define data models, governance policies, and ensure data quality standards are maintained.
- Understand data pipelines and how data is transformed, integrated, and used within products.
- Generate regular reports and training documents for internal stakeholders on contract renewal status, performance metrics, data landscape, and customer usage.
- Use analytics tools to monitor product performance, identifying areas for improvement and driving continuous product enhancements.
- Identify opportunities between AMLRS products and services
Product Development:
- Execute and communicate the product vision and strategy for data products.
- Write detailed product requirements, user stories, and acceptance criteria for the development teams.
- Monitor industry trends and competitive landscape to identify opportunities for innovation and differentiation in the insights and analytics space.
- Ensure timely delivery of features while balancing scope, quality, and resources.
- Champion a data-driven mindset within the product team.
Required Qualifications
- Strong experience in managing contract renewals, including negotiations, pricing adjustments, and legal considerations
- Proficiency in data analysis tools (e.g., Excel, SQL, Tableau) and experience working with large data sets
- Excellent communication skills with the ability to present data-driven insights to clients and internal stakeholders.
- Bachelor’s degree in Business, Data Science, Economics, or a related field.
- 2-4+ years of experience in contract negotiation ideally within a data-driven or technology-based product environment.
- Proven work experience in product management
- Strong understanding of data products, data governance, and analytics tools. This role requires a combination of negotiation skills, data-driven decision-making, and the ability to manage customer relationships to ensure
- Sharp problem-solving skills and hands on approach when dealing with challenging situations
- Proven ability to work effectively within a team environment, contributing to a positive and collaborative culture
AML RightSource is committed to fostering a diverse work environment and is proud to be an equal opportunity employer. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Top Skills
What We Do
AML RightSource is the leading firm solely focused on Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and financial crimes compliance solutions.
AML RightSource provides highly-trained AML/BSA professionals to assist banks and non-bank financial institutions to meet day-to-day compliance tasks. Services include transaction monitoring, alert backlog management, enhanced due diligence reviews, fraud, and financial crimes advisory matters.
Our highly trained workforce of analysts and subject matter experts includes the industry’s largest team of full time professionals. We typically provide our services directly from our secure facilities in Ohio, Arizona, New York, and Ontario. AML/BSA staff augmentation services can be provided on site per request.
