Senior Enhanced Due Diligence (EDD) Analyst

Job Family:

Investigator

Travel Required:

None

Clearance Required:

None

What You Will Do:

• Applying research and analytic techniques to assess complex information sets to make logical and adequately supported determinations regarding EDD procedures commensurate to a subject’s risk profile.
• Conducting advanced public records and open-source research to identify subject risk profiles and write clear and detailed reports summarizing potential finding.
• Review subject information obtained from multiple sources such as internal and subscription databases, provided documentation, public records, and open-source research.
• Review system generated alerts for potential financial crime risks, assess if additional EDD procedures are required to mitigate identified risks associated with that subject, and provide a written recommendation to conduct additional EDD procedures, in accordance with client and internal procedures.
• Determine if a subject is on a sanctions, watch, debarment, political exposure, or other prohibited entity list using proprietary databases and public records research, as necessary.
• Conduct targeted public records and open-source research to identify a subject’s corporate, professional and risk profile such as criminal and civil litigation profile, regulatory profile, debt profile, and adverse media profile.
• Provide comprehensive and detailed written narrative of findings and potential risks.
• Ensure accuracy, completeness, and validity of the procedures performed and information presented.
• Communicate seamlessly and promptly with Client Business lines, Leadership team and other internal stakeholders.

• Be willing and able to perform quality assurance checks of EDD reports written by EDD Specialists.

• Adhere to targets of quality and productivity.
• Prepare updates to Project Managers / Team Leads as appropriate.
• Adaptable to learn new processes, concepts, and skills.
• When applicable, escalating and/or drafting and filing potentially suspicious activity reports when suspicious activity is identified in line with client SLA and regulatory reporting requirements.
• Executing and delivering high quality work product, functioning both independently and in a collaborative setting with a focus on client satisfaction. 
• Learning client procedures, systems, and processes and adhering to client requirements. 

What You Will Need:

• Bachelor’s degree from an accredited college/university and a minimum of 4 years relevant experience (Relevant experience may be substituted for formal education or advanced degree).
• End to end understanding of Transaction Monitoring/ KYC/ Screening/ Fraud Operations/SAR filing/CDD/EDD and documentary and non-documentary verification and as per relevant policy, nature of business, source of wealth/funds, and customer screening against the watchlist of Sanctions, PEP, and adverse media.
• Experience working on EDD, investigative due diligence, customer due diligence or other risk-based public records and open-source research review.
• Knowledge of applicable laws, regulations, and guidelines (e.g., BSA, OFAC, FinCEN guidance).
• Knowledge of Financial Crimes Compliance functions such as OFAC Sanctions, Anti-Money Laundering, KYC, CDD, EDD and/or Financial Fraud Investigations.
• Understanding of the legal, corporate governance, and regulatory environment related to the BSA and USA PATRIOT Act.
• Experience working with manual, and system generated alerts/cases for the detection of potentially suspicious activity.
• Ability to detect and mitigate red flags for potential financial crimes activity.
• Strong analytical and research skills.
• The ability to excel within a team environment and independently. 
• The ability to multi-task and effectively prioritize tasks.
• The ability to work in a production driven environment.
• Effective oral and written communication skills.
• Strong proficiency in Microsoft Excel and other Microsoft Suite Products.
• Ability to quickly learn and adapt to new policies, procedures, and vendor systems.

What Would Be Nice To Have:

• Working knowledge of PEP screening, sanctions screening, and adverse media screening processes.
• Working knowledge of public records and open-source research.
• Professional or native fluency in another language such as Spanish, Portuguese, French, Italian, German, Dutch, Romanian, Russian, Ukrainian, Arabic, and Chinese (Mandarin or Cantones