KYC EDD Analyst

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