Senior Enhanced Due Diligence (“EDD”) Digital Asset (“DA”) Analyst

Job Title

Senior Enhanced Due Diligence (“EDD”) Digital Asset (“DA”) Analyst

Location:

CityScape

What You'll Do

Senior Enhanced Due Diligence (“EDD”) Digital Asset (“DA”) Analysts are responsible for performing holistic due diligence reviews of High or Moderate Risk Customers in support of the Bank’s BSA/AML/KYC policies and procedures. Sr. EDD DA Analysts evaluates the risk presented by customers operating within the Digital Asset industry at initial onboarding and conduct complex reviews periodically throughout the customer relationship. Sr. EDD DA Analysts are responsible for research and thorough analysis of customer information to identify risks posed by Digital Asset customers that may present a higher degree of risk for money laundering and other financial crimes, or other BSA related risks identified through automated risk scoring and supplemental risk detection and investigation. They assist with preparing materials for internal and external audits, and regulatory exams. Sr. EDD DA Analysts interact with Lending, Operations, and other front-line personnel to achieve highest level of compliance for effective BSA/AML and OFAC compliance.

Sr. EDD DA Analysts are more experienced than EDD Analysts, have a thorough working knowledge of KYC and CDD regulatory expectations as it pertains to Digital Assets, are subject matter experts for our subdivisions and national business lines and their impacts on Digital Assets, are expected to evaluate customers that are more complicated, and work more closely with the Digital Asset Group (“DAG”) RMs, bankers, and other front line personnel.

• Timely analysis of client onboarding information to verify accuracy and completeness
• Performing enhanced due diligence for clients considered in higher risk categories
• Conducting periodic and/or event driven reviews of client relationships
• Thorough documentation of all steps taken during the review process
• 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
• Provide support and guidance to bank’s operational areas and assist with implementation of KYC related programs for the bank
• Assist with special projects and data gathering for audit and/or regulatory purposes
• Assist with internal audit and federal regulatory examinations
  
  

What You'll Need

• Four (4) years of experience in a financial institution or experience with Bank Secrecy Act Compliance or broader banking, government, military or law enforcement experience
• 3 years’ experience in AML Compliance
• BS/BA degree preferred, or equivalent work or military experience
• CAMS Certification preferred, or ability to obtain within one year
• Experience with onboarding of clients operating with higher and high-risk industries preferred
• Knowledge with Digital Assets including Blockcahin, NFT, Mining, Tokenization, etc. preferred
• Knowledge of AML risks as they relate to transactional and credit operations of bank products and services
• Knowledge of bank products including deposit, lending, ACH, ATM, RDC and correspondent banking or broader banking industry, government, military or law enforcement experience
• Understanding of complex business ownership hierarchies and entity types
• Knowledge of business entity documentation (e.g. Articles of Incorporation, Certificate of Good Standing, LLC Agreement, PC’s and Partnerships)
• Ability to meet regulatory deadlines with a sense of urgency while maintaining a high level of professionalism
• Capable of analytical research and demonstrated aptitude for problem solving
• Advanced knowledge of Microsoft Office, including WORD, EXCEL, and POWERPOINT
• Other duties as assigned
  
  

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