Senior Enhanced Due Diligence (EDD) Analyst (in-office)

Responsibilities:

• Perform timely Enhanced Due Diligence (EDD) reviews for higher risk customers in accordance with established procedures.
• Conduct negative news searches on entities and beneficial owners.
• Contact branches for additional information needed to explain activity that has been identified as potentially unusual or suspicious.
• Identify and refer potentially suspicious activity for further investigation by grouping the suspect transactions and gathering supporting documentation.
• Complete investigations of potentially unusual or suspicious transactions by preparing and/or finalizing an investigation narrative and gathering supporting documentation in accordance with departmental guidelines.
• Perform complex reviews and investigations for high-risk customers, including, but not limited to: Alternative Investments (e.g., hedge funds), non-U.S./Internationally focused businesses, Non-Bank Financial Institutions, Cannabis-related business activity.
• Prepare SARs in accordance with departmental procedures and templates.
• Perform Subpoena reviews as directed and in accordance with departmental procedures.
• Assist in maintaining departmental policies and procedures.
• Assist with BSA/AML Compliance training development and updates for new employees and other Bank departments.
• Gather and provide data for quarterly Compliance Committee of the Board reports and updating of the Bank’s BSA/AML and OFAC Risk Assessments.
• Any other duties or special projects as assigned by BSA Management.

Qualifications:

• Bachelor’s degree or equivalent job experience required.
• Minimum five years’ experience in the financial services industry, of which at least three years must be BSA/AML/OFAC compliance analysis and investigation experience.
• General understanding of BSA/AML and OFAC laws, regulations, and guidance.
• Current or past experience with Abrigo a plus.
• Ability to understand, interpret, convey, and implement the requirements of pertinent laws and regulations essential.
• Must exhibit ability to work both independently and in a team-oriented environment.
• Ability to work with other business units in a professional manner.
• Strong transactional research, analytical, multitasking, and problem-solving skills required.
• Excellent communication (verbal and written), organizational, and follow-up skills are necessary.
• Strong knowledge of Microsoft Office (Outlook, Word, Excel, PowerPoint).
• CAMS certification a plus.