Transaction Management Analyst

Western Alliance Bancorporation; Denver (CO); Remote; USD 70,000 - 90,000; Full time

Job summary

A financial services company is seeking a Transaction Management Analyst to manage account onboarding processes. This remote position involves documenting account openings, collaborating with internal teams, and ensuring compliance with regulatory standards. The ideal candidate has over 3 years of experience in banking operations and strong communication skills. Benefits include competitive salaries, medical insurance, and a 401k matching program.

Benefits

Competitive salaries

401k matching program

Medical and dental insurance

Tuition assistance program

Employee volunteer program

Wellness program

Qualifications

• 3+ years of related experience.
• Advanced understanding of banking operations.
• Experience interpreting complex legal contracts.

Responsibilities

• Ensure the account opening process is documented.
• Assist in billing implementation and policy.
• Work with clients on account onboarding issues.

Skills

General banking operations

KYC onboarding

Communication skills

Regulatory compliance knowledge

Education

Bachelor's degree in related field

Tools

Microsoft Office Suite

Job description

Job Title: Transaction Management Analyst

Location: Maryland - Remote

What you'll do: As a Transaction Management Analyst, you'll be responsible for account onboarding including setting up accounts, KYC, tax, etc. Socialize administrative details and setup items with internal Trust employees. You'll work with clients on issues related to account onboarding into the Trust Company, making sure clients have a positive view of the Trust Company as it relates to account onboarding and overall transaction setup.

• Responsible for ensuring the account opening process is documented. Test the account opening process and procedures for sufficiency. Perform steps to open accounts including KYC onboarding, EDD if needed, and GWES setup.
• Ensure governing documents adhere to the document standards, escalating the process if it doesn't adhere. Outline reasons/consequences of not adhering to document standards. Provide support on documenting all technology workflows with Tech team.
• Assist in billing implementation and policy, working with Western Alliance Bank accounting to ensure revenues are accurately accounted for our deals. Provide support on Tax for clients.

What you'll need:

• 3+ years of related experience.
• Bachelor's degree in 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.
• Intermediate to advanced experience using a variety of computer related equipment and software including Microsoft Office Suite.
• Advanced speaking and writing communication skills.
• Experience interpreting complex legal contracts.

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 [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue.