EDD Analyst Senior

Western Alliance Bancorporation Phoenix , AZ 85002

Posted 7 days ago


Enhanced Due Diligence (EDD) Analyst Seniors 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. The EDD Analyst Senior evaluates risk presented by these customers at initial onboarding and conduct complex reviews periodically throughout the customer relationship.

The EDD Analyst Seniors are responsible for research and thorough analysis of customer information to identify 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. The EDD Analyst Senior will interact with Lending, Operations, and other front line personnel to achieve highest level of compliance for effective BSA/AML and OFAC compliance.

EDD Analyst Seniors are more experienced than EDD Analysts, and are expected to evaluate more complicated customers and work more closely with RMs, bankers, and other front line personnel


Conducts rigorous and thorough reviews of customer and business information; gaining a deep knowledge of the customer's profile, transaction history and future activity; thoroughly investigates the activity and documents any findings or determinations; escalates items appropriately for further research and analysis.

Performs Enhanced Due Diligence reviews to evaluate money laundering, sanctions, and other financial crime risk of prospective customers, and of existing customers on a periodic basis.

Provides technical support and assistance to business development officers. Researches customers and businesses on internal systems and against various databases (OFAC, CLEAR, etc). Collaborates with business partners to ensure BSA/AML/KYC programs are understood, functioning, and effective.

Assists the Enhanced Due Diligence 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 that related to KYC, AML, and other Bank Secrecy Act functions.


Associates Degree and 3-4 years related experience required


Bachelor's degree and 1-2 years related experience required

Basic knowledge BSA/AML/KYC regulations and best practices, etc. Knowledge of transaction types across the spectrum of commercial and consumer products (deposit, lending, ACH, ATM, RDC, and correspondent banking).

Intermediate to advanced computer operational skills required (Microsoft Office products). Basic experience using BSA/AML transaction monitoring and/or case management software required.

CAMS Certification preferred.

Law enforcement experience and/or drug enforcement experience preferred.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Fraud Analyst Back Office

Bank Of America Corporation

Posted 3 days ago

VIEW JOBS 3/17/2019 12:00:00 AM 2019-06-15T00:00 Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better by connecting clients and communities to the resources they need to be successful. Make a difference by joining our Fraud Detection team. We are looking for teammates who can help us meet the needs of our clients and the bank by detecting fraudulent attempts, mitigating loss, and remediating client impacts because client protection and security is our top priority. As part of our team, Detection Analysts perform complex judgmental reviews of high risk activity to maximize approval of legitimate transactions, minimize client impact at the Point of Sale, identify fraudulent activity and restrict account activity, when necessary, to avoid further risks. Detection Analysts benefit from in-depth training and have opportunities for ongoing professional development and career growth. We'll help you: * Get training and one-on-one career coaching from managers who are invested in your success. You'll also receive additional development through our Consumer Academy to help you succeed in your role. * Provide clients with a personalized experience by helping them- through exceptional client care- navigate fraud/security events * Continuously learn fraud trends by using resources and technologies to optimize judgmental reviews. As a Senior Fraud Analyst, you can look forward to * Protecting our clients. Making them aware if their personal information has been compromised and letting them to know we are here to help them every step of the way. * Educating clients. Informing them on how to protect their information and avoid scams. * Ongoing professional development to deepen your skills and optimize your expertise as the industry evolves and changes. * Opportunities to connect with experts. * A world-class suite of employee benefits. You're a person who (required skills) * Has prior experience in Retail Fraud Servicing, Claims or Fraud Detection * Has strong analytical & organizational skills and demonstrates the ability to solve complex problems by reviewing related information. * Is able to multi-task, including researching information through multiple systems, in order to make judgmental decisions based on the data reviewed. * Demonstrates a strong sense of urgency and is able to work in a fast-paced, ever-changing environment with a strong focus on risk mitigation and client experience * Is comfortable taking inbound or making outbound calls to clients in a high production focused environment. * Communicates effectively and confidently and is comfortable engaging all clients. * Has the ability to learn and adapt to new information and technology platforms. * Will follow established processes and guidelines in daily activities to do what is right for clients and the bank, adhering to all applicable laws and regulations. * Efficiently manages your time and capacity. * Can be flexible to work weekends and/or extended hours as needed. You'll be better prepared if you have (desired skills) * Experience working in an environment where both individual and team goals are routinely met or exceeded. We're a culture that * Is committed to building a workplace where every employee is welcomed and given the support and resources to build and advance their careers. Along with taking care of our clients, we want to be a great place for people to work, and we strive to create an environment where all employees have the opportunity to achieve their goals. * Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients around the world. * Provides continuous training and developmental opportunities to help employees achieve their goals, whatever their backgrounds or experiences. * Is committed to advancing our tools, technology, and ways of working. We always put our clients first to meet their evolving needs. * Believes in responsible growth and is dedicated to supporting the communities around the world by connecting them to the lending, investing and giving they need to remain vibrant and vital. 1st and 2nd shift schedules are available. Posting Date: 03/15/2019 Location: Phoenix, AZ, SOUTH MOUNTAIN BLDG, 1825 E BUCKEYE RD, - United States Travel: No Full / Part-time: Full time Hours Per Week: 40 Shift: 2nd shift Bank Of America Corporation Phoenix AZ

EDD Analyst Senior

Western Alliance Bancorporation