EDD Analyst

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.

Company Profile

Please click here to access a list of benefits for which this position is eligible. Additional information regarding United's Mission, Values and Culture can be found here.

At United, our strength is our people, and we are committed to nurturing a culture that is reflective of the communities we serve; promotes respect and a shared purpose; and aligns with our core values.

Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by law.