KYC EDD Analyst

Company: MJ Boyd Consulting
Location: New York
Posted on: May 28, 2023

Job Description:

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
  • 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 experienceJob Order ID: 1454Questions?Email us at info@mjboyd.net or give us a call on 212-832-0832

Keywords: MJ Boyd Consulting, New York , KYC EDD Analyst, Professions , New York, New York