EDD Analyst - Military veterans preferred

Job Description

The EDD Specialist conducts enhanced due diligence to evaluate, identify and mitigate High Risk customer activity.

RESPONSIBILITIES:

• Responsible for in-depth review of assigned customer activities pertaining to their accounts
• Monitor ongoing customer/business transactions in order to identify potential high risk for the Bank on potential terrorist financing activity, human or drug trafficking, etc.
• Responsible for researching and creating a customer profile in order to identify transactions that are unrelated to business, know how funds are received and disbursed
• Perform global research on customers and customer associates
• Understand how money laundering schemes work and apply knowledge in identifying potential cases needing further investigation
• Generate and maintain appropriate case documentation
• Communicate with appropriate Bank staff to obtain additional customer information and/or requesting necessary updates to customer records
• Complete appropriate department Enhanced Due Diligence (EDD) forms
• Enter new case entries and completed case documentation in the EDD Case tracking database
• Filing SARs and No SARs
• Perform transactional analysis for the selection of potential High Risk customers regarding their volume, frequency, beneficiaries/originators, involvement with High Risk and OFAC countries, etc.

Qualifications

• Bachelor’s degree in Criminal Justice required, degree requirement can be substituted with working experience of minimum one year of BSA, law enforcement or regulators experience
• Preferred experience with filing SARs and No SARs
• BSA, CIP, and OFAC preferred
• Proficiency in Microsoft Office Products, Internet searches required

KEY COMPETENCIES:

• Good oral and written communication skills required
• Ability to demonstrate strong analytical, multi-tasking and organizational skills
• Ability to demonstrate a high level of professionalism and confidentiality at all times
• Ability to work independently and in a team environment
• Ability to work in a fast-paced environment and meet deadlines timely

Essential Functions:

• Sitting for extended periods of time.
• Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
• Ability to converse and exchange information with all levels of staff within organization.
• Ability to observe, perceive, identify, and translate data
• Ability to travel via air, rail, automobile and/or bus.