Senior Manager of Financial Crimes Compliance - AI

Western Alliance Bank•Phoenix, AZ

12d

About The Position

The Financial Crimes Compliance (FCC) AI Senior Manager helps develop and maintain FCC’s analytics and data program, providing oversight and direction for FCC data, analytics, technology, and support systems. The role serves as an interface with technology teams and supports ongoing enhancements to BSA/AML platforms and tools. It is responsible for optimizing FCC monitoring tools, improving data visualization capabilities, and helping improve FIU and EDD workflows and staffing analyses. The role uses innovative technologies and techniques to improve monitoring capabilities and reduce costs, while applying a risk-based approach to project selection and execution. It also ensures adequate support for sensitive work such as regulatory examinations and the development and deployment of detective systems. The Senior Manager supervises a small team of professional staff, providing strategic and operational direction and leading complex projects. This leader communicates technical limitations and solutions to FCC senior leadership and drives analytical, data, and process initiatives to improve how the bank gathers and uses data. The role oversees analytics, data, technology, and systems delivery for FCC monitoring tools and promotes effective analytics for risk detection, profiling, and mitigation. Responsibilities include oversight of tuning and optimization for transaction monitoring systems and the Customer Risk Rating scoring algorithm, as well as assistance with tuning the Sanctions monitoring system. The role also maintains an effective FCC model governance program in accordance with Model Risk Management guidelines and regulatory requirements. The Senior Manager leads team hiring, coaching, performance management, training, and development.

Requirements

At least 6 years of related experience in BSA/AML and financial crimes or a similar field.
Master’s degree or MBA in a related field.
Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
Advanced knowledge of applicable regulatory and legal compliance obligations, rules, regulations, industry standards, and practices.
Advanced knowledge of Python and experience using SAS, R, or other statistical software.
Advanced knowledge of analytical techniques and cutting-edge technologies.
Advanced speaking and writing communication skills.

Nice To Haves

Previous leadership experience.
Certified Anti-Money Laundering Specialist (CAMS) certification.

Responsibilities

Develop and maintain FCC’s analytics and data program.
Provide oversight and direction for FCC data, analytics, technology, and support systems.
Interface with technology teams and assist with ongoing enhancements to BSA/AML platforms and tools.
Implement and maintain optimization of FCC monitoring tools and increase data visualization capabilities.
Assist with improving FIU and EDD workflow efficiencies and conducting staffing analyses.
Use research, analytical techniques, automated systems, and information sources to identify and complete risk-based projects.
Support highly sensitive projects, including regulatory examinations and the development and deployment of detective systems.
Supervise a small professional team and provide strategic and operational direction for assigned responsibilities and complex projects.
Communicate technical limitations and solutions to FCC senior leadership and technology leaders.
Drive analytical, data, and process initiatives to improve how the bank gathers and uses data.
Promote analytical capabilities for risk detection, profiling, and mitigation, leveraging advanced techniques and innovative technologies.
Oversee tuning and optimization of the transaction monitoring system and Customer Risk Rating scoring algorithm, and assist with tuning the Sanctions monitoring system.
Maintain an FCC model governance program in accordance with Model Risk Management guidelines and regulatory requirements.
Lead team hiring, coaching, performance management, training, and development.