Financial Crimes Compliance (FCC) Senior Risk Assessment Analyst

Job Title: Financial Crimes Compliance (FCC) Senior Risk Assessment Analyst Location: West Sahara What you ll do: The position of Financial Crimes Compliance Risk Assessment Senior Analyst is responsible for gathering performance data and performing risk analysis at the direction of the AML and Fraud Risk Assessment Manager. This includes supporting the development, data gathering and formulating, and interacting with different business units to assess the risk described in the Banks policies and procedures. Works closely with the FCC Risk Assessment Manager to obtain data elements from a variety of Bank data sources and in accordance with Data Documentation Requirements. Collectively the FCC Risk Assessment unit, will work to analyze risk associated with customer base, products, services, transactions, and geographical locations. Assists with the interpretation of policies and procedures to determine if risk is addressed within risk assessment process. Must possess keen analytical skills to analyze risks associated with new or existing products, services, or bank acquisitions. This position will work closely with the FCC Risk Manager to manage and update the BSA/AML and OFAC Risk Assessment, the BSA/AML and OFAC Country Risk Assessments, Product Services Risk Assessment, and Security and Fraud Risk Assessment by reporting inherent, perceived, and residual risks and actions needed to appropriate manager or management group. All risk assessments are to be continuously conducted using regulatory guidance and industry knowledge. Other risk assessments may be needed from time-to-time. Assists the FCC Program Manager in creating and distributing Risk Assessment related information obtained from several sources including, but not limited to manuals, policies, Internet, auditors, trade associations and training seminars to give direction on implementing all BSA/USA Patriot Act/AML/OFAC/Fraud policy and procedures. Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations. Able to maintain a strict level of confidentiality. Conduct essential duties and responsibilities as directed, managed, and approved by the FCC Risk Assessment Manager Provide updates to the Enterprise-wide BSA/AML and OFAC Risk Assessments; including, but not limited to, all scoping survey, analysis of customers, products, services, transactions, and geography for Western Alliance Bank, its divisions, affiliates, and third-party