EDD Team Lead

Job Title:

EDD Team Lead

Location:

CityScape

What you'll do:

The position of EDD Team Lead is a part of Financial Crimes Compliance and reports to the EDD/KYC Operations Manager. The EDD Team Lead is responsible for leading a team of EDD Analysts who review High Risk Onboarding Packet submission and perform enhanced due diligence on prospective clients who pose a higher risk of money laundering or financial crimes risk to the institution. The EDD Team Lead and the entire onboarding team play a vital role in mitigating BSA/AML risk across the organization.

What we are looking for:

Responsibilities

• Manage a team of EDD Analysts, providing guidance and oversight of the day-to-day operations of the team.
• Provide support to the EDD/KYC Operations Manager in providing guidance and oversight of the day-to-day operations of the group
• Provide support and guidance to bank's operational areas and   assist with implementation of BSA related programs for the bank
• Oversee the analysis of potential onboarding of higher risk prospects to the bank
• Review submissions from EDD Analysts for prospective clients and make risk based decisions as to whether to approve or decline a prospect
• Assist EDD Analysts with responding to CIP and KYC related questions and issues submitted to the team mailbox
• Adhere to bank policy, procedure, and regulatory requirements and maintain a strict level of confidentiality
• Work in a team oriented and collaborative environment to ensure overall unit goals and deadlines are met
• Establish working relationships with key business partners across all lines of business
• Assist with special projects and data gathering for audit and/or regulatory purposes
• Examine QA/QC results, take corrective actions, and develop opportunity training to enhance/improve results

Qualifications:

• 4+ years’ experience with audit, financial investigations, or the broader banking industry
• 3+ years AML Compliance
• BS/BA degree preferred, or equivalent work or military experience
• CAMS Certification preferred or ability to obtain within one year
• Experience with Bank Secrecy Act and comprehensive AML regulations Compliance
• Strong knowledge and understanding of CTRs, SARs, OFAC, and MILs
• Knowledge of bank products including deposit, lending, ACH, ATM, RDC, wire transfers and foreign exchange
• Ability to meet regulatory deadlines with a sense of urgency while maintaining a high level of accuracy and professionalism
• Knowledge of bank teller system software and/or imaging systems a plus
• Experience with transaction monitoring and/or case management software; Actimize preferred  
• Leadership experience managing a small team (6 or less) preferred

Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.  AmeriHome Mortgage is a Western Alliance Bank company.

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 and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488.  When contacting us, please provide your contact information and state the nature of your accessibility issue.  We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation