leaflavaplanetmoss

leaflavaplanetmoss t1_jc654nt wrote

While I agree with you in principle, AML/EDD managers make significantly more than $60k; that's starting salary for an AML analyst.

The job posting is still available on LinkedIn, and the description itself has a base pay range (not a LinkedIn estimate) of $130 - $240k: https://www.linkedin.com/jobs/view/3518005299

I work in financial crimes and for a Sr. Manager role, you're looking at high 100k range typically.

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leaflavaplanetmoss t1_jc5uvg4 wrote

This is an idiotic "article". Essentially all financial firms are going to have financial crimes staff in order to comply with their legal obligations around anti-money laundering, fraud prevention, and sanctions compliance. An EDD manager like the one that the article talks about is needed because banks are literally legally mandated to have due diligence processes to comply with anti-money laundering laws.

It would be a huge issue if SVB didn't have financial crimes staff.

Not to mention that at least as of now, we don't have reason to believe that SVB's collapse was in any way criminal. Poor portfolio risk management could be negligent, but there's a legal threshold to cross before it would be considered criminally negligent. Regardless, a financial crimes team has nothing to do with financial risk management of the sort that brought down SVB; that would be the financial risk management team.

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leaflavaplanetmoss t1_jc4ke0x wrote

How can you guys possibly write a dissertation on behalf of someone else (I assume we're talking doctoral dissertations)? I just don't understand the logistics, given that a dissertation is something that takes years of work, completely original research, direct work with your dissertation advisor (ostensibly), and enough expertise in the niche subject of the dissertation that you could generate novel research findings. Beyond that, your client needs to be able to defend it on their own.

The sheer effort required to do that on someone else's behalf seems crazy. Is it basically like hiring a ghostwriter for months and years on end? How does it work? How much would this even cost?

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leaflavaplanetmoss t1_j6hw5mf wrote

This has been around for a couple of years, it's not meant to be a primer for AI/ML; it's a visual introduction to statistics and probability. OP just couched it in terms of AI/ML because statistics and probability form the basis of many AI/ML models, like classification (which is really just logistic regression), so understanding statistics is an important foundation for AI/ML study.

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