Know Your Customer (KYC) Team Lead

Western Alliance Bank•Phoenix, AZ

1d•Onsite

About The Position

As an KYC Team Lead, you will lead a team of KYC Analysts responsible for reviewing High Risk Onboarding Packet submissions and performing enhanced due diligence on prospective clients who pose a higher risk of money laundering or financial crimes risk to the institution. 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. With more than $80 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2023 by American Banker and Bank Director. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.

Requirements

4+ years of related experience in BSA/AML & Financial Crimes or similar field.
Bachelor's degree in related field required.
Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate to advanced knowledge of and understanding of CTRs, SARs, OFAC, and MILs.
Intermediate to advanced knowledge of bank teller system software and/or imaging systems.
Intermediate speaking and writing communication skills.

Nice To Haves

Previous leadership experience preferred.
Certified Anti-Money Laundering Specialist preferred.

Responsibilities

Lead a team of KYC Analysts who review High Risk Onboarding Packet submissions and perform enhanced due diligence on prospective clients who pose a higher risk of money laundering or financial crimes risk to the institution.
Provide support to the KYC Operations Manager in providing guidance and oversight of the day-to-day operations of the group.
Oversee the analysis of potential onboarding of higher risk prospects to the bank.
Assist KYC 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.
Assist with special projects and data gathering for audit and/or regulatory purposes.
Lead and develop a team; responsible for hiring, coaching, performance management, training and development.

Benefits

Competitive salaries
An ownership stake in the company
Medical insurance
Dental insurance
Time off
A great 401k matching program
Tuition assistance program
An employee volunteer program
A wellness program
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!