MJ Boyd Consulting
Our client is a Community/Retail Bank based in Midtown Manhattan. They are looking for several EDD Analysts to join their team on a contract basis. This assignment will be at least 3 months but may be extended. This position is 5 days in office per week.
Base pay range $75,000.00/yr - $110,000.00/yr
Responsibilities
Perform EDD reviews of all assigned high risk customers in a timely and efficient manner.
Document EDD review findings in the appropriate databases to include all pertinent facts and information, such as the preparation of narrative reports summarizing actions, findings and recommendations for next steps.
Recommend clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing.
Assist EDD Team Lead in working with BSA managers and staff to ensure compliance with the Bank's overall BSA/AML Compliance Program.
Suggest process enhancements and/or research tools to increase efficiency and accuracy.
Assist with the preparation and delivery of ad-hoc BSA/AML and OFAC compliance training based upon changes in regulatory requirements and/or emerging typologies.
Maintain awareness of regulatory updates and incorporate process and procedural changes into the EDD review process as directed by management.
Interface with the bank’s business units to satisfy any relevant questions or issues that arise during such reviews.
Requirements
Minimum of 3-5 years of High Risk EDD reviews, CIP/KYC Customer Onboarding, and knowledge of transaction monitoring.
Experience reviewing domestic and international customers such as MSBs, Correspondent Banks, crypto platforms, hedge funds, real estate developers.
Seniority level Associate
Employment type Contract
Job function Analyst, Accounting/Auditing, and Finance
Industries Financial Services, Banking, and Investment Banking
Benefits
Medical insurance
Vision insurance
401(k)
Location New York, NY
#J-18808-Ljbffr
Base pay range $75,000.00/yr - $110,000.00/yr
Responsibilities
Perform EDD reviews of all assigned high risk customers in a timely and efficient manner.
Document EDD review findings in the appropriate databases to include all pertinent facts and information, such as the preparation of narrative reports summarizing actions, findings and recommendations for next steps.
Recommend clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing.
Assist EDD Team Lead in working with BSA managers and staff to ensure compliance with the Bank's overall BSA/AML Compliance Program.
Suggest process enhancements and/or research tools to increase efficiency and accuracy.
Assist with the preparation and delivery of ad-hoc BSA/AML and OFAC compliance training based upon changes in regulatory requirements and/or emerging typologies.
Maintain awareness of regulatory updates and incorporate process and procedural changes into the EDD review process as directed by management.
Interface with the bank’s business units to satisfy any relevant questions or issues that arise during such reviews.
Requirements
Minimum of 3-5 years of High Risk EDD reviews, CIP/KYC Customer Onboarding, and knowledge of transaction monitoring.
Experience reviewing domestic and international customers such as MSBs, Correspondent Banks, crypto platforms, hedge funds, real estate developers.
Seniority level Associate
Employment type Contract
Job function Analyst, Accounting/Auditing, and Finance
Industries Financial Services, Banking, and Investment Banking
Benefits
Medical insurance
Vision insurance
401(k)
Location New York, NY
#J-18808-Ljbffr