Senior Manager of Financial Crimes Compliance - AI

Western Alliance Bank•Phoenix, AZ

13d

About The Position

The Financial Crimes Compliance (FCC) AI Senior Manager helps develop and maintain FCC’s analytics and data program and provides oversight and direction for FCC data, analytics, technology, and support systems. The role interfaces with technology teams, supports ongoing enhancements to the BSA/AML platform and tools, and implements and maintains optimization of FCC monitoring tools while expanding data visualization capabilities. The position works to improve efficiency in FIU and EDD workflows, support staffing analyses, and apply innovative technologies and techniques to enhance monitoring capabilities while reducing costs. The Senior Manager takes a risk-based approach to identifying and completing projects using research and analytical techniques, automated systems, and information sources. The role supports highly sensitive projects, including regulatory examinations and the development and deployment of detective systems. It supervises a small team of professional staff, providing strategic and operational direction and leading large or complex projects. The position also translates technical limitations and solutions for FCC senior leadership and drives analytical, data, and process initiatives in partnership with technology leaders. The role oversees analytics, data, technology, and support-systems delivery for FCC monitoring tools, promoting robust risk detection, profiling, and mitigation. It oversees tuning and optimization of the transaction monitoring system and Customer Risk Rating scoring algorithm, assists with tuning the Sanctions monitoring system, and maintains an effective FCC model governance program in accordance with Model Risk Management guidelines and regulatory requirements. The manager leads and develops the team, including 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 required.
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 and 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 data, analytics, technology, and support systems for FCC.
Interface with technology teams and assist with ongoing enhancements to the BSA/AML platform and tools.
Implement and maintain optimization of FCC monitoring tools and increase data visualization capabilities.
Improve efficiencies in FIU and EDD workflows and assist with staffing analyses.
Use innovative technologies and techniques to improve monitoring capabilities while reducing costs.
Identify and complete projects using a risk-based approach and varied research and analytical techniques, automated systems, and information sources.
Provide support on sensitive projects, including regulatory examinations and development and deployment of detective systems.
Supervise a small team of professional staff and provide strategic and operational direction for assigned responsibilities and complex projects.
Communicate technical limitations and solutions effectively to FCC senior leadership and technology teams.
Drive analytical, data, and process initiatives and articulate the need for change to senior FCC and technology leaders.
Oversee analytics, data, technology, and support-systems delivery for FCC monitoring tools.
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 effective FCC model governance program in accordance with Model Risk Management guidelines and regulatory requirements.
Lead and develop the team, including hiring, coaching, performance management, training, and development.