Overview

Purpose of Role

The EDD Analyst reports directly to EDD Lead and is responsible for performing EDD for all high risk customers within the New York Branch.

Major Responsibilities

  • Verify that all KYC & CIP data was collected in accordance with bank procedures at under the direction of the KYC Advisory Lead.
  • Advise business units on KYC and customer acceptance procedures on an as needed basis.
  • Performs EDD on all high risk customers.
  • Understanding of various typologies to thwart risks.
  • Drafting of SARs and other documents to summarize risk concerns.
  • Presentation abilities to articulate case issues and resolutions.
  • Problem solving mentality and rigorous in analytical thought.
  • Conduct rigorous analysis during customer acceptance and subsequent relationship maintenance.
  • Sampling and conduct periodic quality control/assurance of all branch customers.
  • Interface with 1st Line of Defense, Business Personnel to ensure KYC and Due Diligence needs are met.

Requirements

  • Bachelor’s degree
  • 3-6 years of experience required
  • CAMS certification preferred
  • PC proficiency with technical skills that include word processing, spreadsheets, databases and search engines
  • Strong compliance with Region’s policies and procedures will be essential
  • Previous BSA/AML, fraud or corporate security investigations experience

Job Order ID: 1454