EDD Analyst

The Enhanced Due Diligence (EDD) Analyst plays a key role in protecting the institution from financial crime by performing detailed assessments of high-risk clients and transactions. This position ensures compliance with anti-money laundering (AML), counter-terrorist financing (CTF), and sanctions regulations through comprehensive analysis and well-documented findings.

Client Details

Our client is a financial institution founded in the early 20th century to serve working people and labor organizations. Known for its strong commitment to environmental sustainability, social justice, and ethical banking, it offers a full range of banking services including personal, business, and nonprofit accounts. The institution is certified as a B Corporation and a Community Development Financial Institution (CDFI), reflecting its mission-driven approach.

Description

• Conduct High-Risk EDD Investigations: Perform enhanced due diligence on high-risk customers such as PEPs, entities with complex ownership, and individuals in high-risk jurisdictions, ensuring compliance with internal procedures and regulatory standards.
• Deliver Timely and Accurate Case Reviews: Complete investigations within deadlines, meeting productivity targets while maintaining high standards of accuracy, analytical rigor, and documentation quality.
• Develop Clear, Insightful Reports: Create detailed narrative reports that highlight customer risk profiles, transaction behavior, and potential red flags uncovered during EDD reviews.
• Monitor, Escalate, and Collaborate: Identify and escalate suspicious activity per AML/fraud policies; work closely with onboarding, relationship, and compliance teams to ensure data accuracy and completeness.
• Maintain Expertise and Support Improvements: Stay updated on AML/CTF regulations and best practices, support internal audits with thorough recordkeeping, and contribute to process enhancement initiatives.

Profile

• Experience & Expertise: Minimum of 3 years of experience in BSA, financial crimes, fraud, or compliance, with a focus on conducting customer investigations. Prior exposure to politically sensitive customer types is a plus.
• Research Proficiency: Skilled in conducting in-depth investigations using digital tools, including media reviews, public records databases, and open-source intelligence.
• Regulatory Knowledge: Solid understanding of AML, BSA, OFAC, sanctions compliance, terrorist financing, transaction monitoring, KYC/CDD, and broader regulatory frameworks.
• Skills & Competencies: Strong written and verbal communication, analytical thinking, judgment, and organizational abilities. Capable of working independently with minimal oversight and collaborating effectively across diverse teams.
• Technical & Professional Qualifications: Proficient in Microsoft Word, Excel, and web research tools. CAMS certification (or equivalent) is preferred.

Job Offer

The client is looking to interview and hire a EDD Analyst before the end of the summer. They are offering a flexible schedule in the office.

If you are qualified, please submit your resume through this listing!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.