Financial Crimes Compliance Modeling Analyst
Company: Disability Solutions
Location: Phoenix
Posted on: April 18, 2024
Job Description:
Job Title:Financial Crimes Compliance Modeling
AnalystLocation:CityScapeWhat you'll do:Financial Crimes Compliance
Modeling Analysts are responsible for assisting in maintaining and
improving Financial Crimes Compliance analytics and technological
capabilities. Under the Financial Crimes Compliance Data Analytics
Manager, the Analyst supports the development of processes and
technological improvements to achieve efficiencies in various
workflows, and implementing and maintaining optimization of the
Financial Crimes Compliance's monitoring tools, and increasing the
capabilities in data visualization. Analysts employ strong
technical skills in banking systems/database technologies to
understand and communicate effectively with Information Technology
and Operations teams and other internal stakeholders, assisting
them to understand necessary model and infrastructure requirements
and solutions.What we are looking for: Responsibilities:
- Provides analytical and technical support for systems delivery
for Financial Crimes Compliance monitoring tools. Partner with
Financial Crimes Compliance Modeling Analysts in order to
understand their workflow and to utilize their feedback, where
appropriate, to strengthen the quality of Financial Crimes
Compliance Data Analytics work product.
- Leverages technology to enable advanced analytical and data
visualization techniques to improve risk detection and increase
operational efficiencies. Assists with tuning and optimization of
BSA and fraud detection models, transaction monitoring system,
Customer Due Diligence scoring algorithm, and the Sanctions
monitoring system. Supports Financial Crimes Compliance management
in the development of an effective Financial Crimes Compliance
model governance program, in accordance with Model Risk Management
guidelines, that meets regulatory requirements.
- Participates in the development and implementation of new
reporting functionality and transaction monitoring channels for
Financial Crimes Compliance analytics purposes. Creates
professional program/reporting documentation in support of
Anti-Money Laundering Transaction Monitoring and related reporting.
Provides timely responses to ad- hoc data requests from Financial
Crimes Compliance and other internal departments.
- Assists in the design and governance of Financial Crimes
Compliance monitoring systems (transaction, Customer Risk Rating,
Sanctions) to ensure adequate controls are in place. Serve as
liaison to Information Technology, Risk Management, and Operations
to mitigate compliance risk and ensure audit soundness.
- Independently identifies opportunities for risk coverage
enhancements and proactively provides technical solutions including
data extraction, data manipulation, and automated dashboarding to
provide insights to leadershipQualifications:
- Bachelor's degree from a college or university and/or
equivalent work experience in Fraud or Bank Secrecy Act /
Anti-Money Laundering or related experience in financial services
data analysis and systems technologies.
- 2+ years of experience in Transaction Monitoring program
development, implementation and validating systems/controls is
preferred
- Model Validation experience with Financial Institutions is
preferred
- Intermediate knowledge of general banking, including an
understanding of bank products, services, regulations, policies,
and procedures, with an emphasis on Fraud knowledge. Senior
Analysts possess Advanced Expert knowledge in this area.
- Demonstrated use and intermediate knowledge of SQL and/or SAS
in a professional environment
- Experience using Power BI and/or Tableau in a professional
environment
- Experience testing and validating SQL and/or SAS code and
resulting data sets
- Experience working in a regulated environment
- Ability to demonstrate an intermediate proficiency in SQL
and/or SAS to extract and manipulate data
- Strong interpersonal abilities, including oral and written
communication skills with beginning to intermediate-level
experience in writing technical documents for diverse
audiences.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
Keywords: Disability Solutions, Surprise , Financial Crimes Compliance Modeling Analyst, Professions , Phoenix, Arizona
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