Western Alliance Bank
Enhanced Due Diligence EDD Analyst
Western Alliance Bank, Phoenix, Arizona, United States, 85003
Enhanced Due Diligence EDD Analyst
Location: CityScape
What You'll Do
Conduct rigorous and thorough reviews of customer and business information; gain a deep knowledge of the customer’s profile, transaction history and future activity; thoroughly investigate the activity, document findings, and escalates items appropriately.
Perform Enhanced Due Diligence reviews to evaluate money laundering, sanctions, and other financial crime risk of prospective customers and existing customers on a periodic basis.
Provide technical support and assistance to business development officers. Research customers and businesses on internal systems and against various databases (OFAC, CLEAR, etc.). Collaborate with business partners to ensure BSA/AML/KYC programs are understood, functioning, and effective.
Assist Enhanced Due Diligence Manager and AML Operations Director with activity reports, audit material preparation, and special projects. Support Financial Crimes Compliance management in the development of new and revised procedures, methods, and forms related to KYC, AML, and other Bank Secrecy Act functions.
What You'll Need
2+ years of related experience in BSA/AML & Financial Crimes or similar field.
High school diploma required; Bachelor's degree in related field preferred.
Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate knowledge of AML risks as they relate to transactional and credit operations of bank products and services.
Intermediate knowledge of business entity documentation (e.g. Articles of Incorporation, Certificate of Good Standing, LLC Agreement, PC’s and Partnerships).
Intermediate speaking and writing communication skills.
Certified Anti-Money Laundering Specialist preferred.
Benefits You’ll Love Competitive salary, ownership stake, medical and dental insurance, time off, 401k matching program, tuition assistance, employee volunteer program, and wellness program. Opportunity to grow business knowledge and hands‑on experience to advance your career.
About The Company Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process please email HR@westernalliancebank.com or call 602-386-2488.
© Western Alliance Bancorporation
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What You'll Do
Conduct rigorous and thorough reviews of customer and business information; gain a deep knowledge of the customer’s profile, transaction history and future activity; thoroughly investigate the activity, document findings, and escalates items appropriately.
Perform Enhanced Due Diligence reviews to evaluate money laundering, sanctions, and other financial crime risk of prospective customers and existing customers on a periodic basis.
Provide technical support and assistance to business development officers. Research customers and businesses on internal systems and against various databases (OFAC, CLEAR, etc.). Collaborate with business partners to ensure BSA/AML/KYC programs are understood, functioning, and effective.
Assist Enhanced Due Diligence Manager and AML Operations Director with activity reports, audit material preparation, and special projects. Support Financial Crimes Compliance management in the development of new and revised procedures, methods, and forms related to KYC, AML, and other Bank Secrecy Act functions.
What You'll Need
2+ years of related experience in BSA/AML & Financial Crimes or similar field.
High school diploma required; Bachelor's degree in related field preferred.
Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate knowledge of AML risks as they relate to transactional and credit operations of bank products and services.
Intermediate knowledge of business entity documentation (e.g. Articles of Incorporation, Certificate of Good Standing, LLC Agreement, PC’s and Partnerships).
Intermediate speaking and writing communication skills.
Certified Anti-Money Laundering Specialist preferred.
Benefits You’ll Love Competitive salary, ownership stake, medical and dental insurance, time off, 401k matching program, tuition assistance, employee volunteer program, and wellness program. Opportunity to grow business knowledge and hands‑on experience to advance your career.
About The Company Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process please email HR@westernalliancebank.com or call 602-386-2488.
© Western Alliance Bancorporation
#J-18808-Ljbffr