CBB Bank
EDD Analyst II
Corporate Title: Non-Officer
Department: Bank Secrecy Act (BSA)
Reports To: EDD Team Lead
COMPLIANCE STATEMENT
Adheres to Bank policies and procedures and complies with all State and Federal banking regulatory requirements, including but not limited to Sarbanes-Oxley Act, Bank Secrecy Act, Anti-Money Laundering, OFAC, Customers Right to Privacy Act, Regulation D, Regulation DD/Truth in savings, USA Patriot Act, CIP, Elder Care, Sexual Harassment, Information Security and Privacy requirements as they pertain to this position.
Position Overview
The EDD Analyst II is responsible for conducting Enhanced Due Diligence (EDD) reviews, new account risk assessments, and OFAC alert dispositions to ensure compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and related AML/OFAC regulations. This role involves identifying, analyzing, and escalating suspicious activity, including potential structuring, money laundering, terrorist financing, and sanctions violations. The analyst will support the BSA Officer and KYC Team Lead in maintaining a robust AML program through timely and accurate reviews, investigations, and reporting.
Key Responsibilities
Perform EDD reviews for high-risk customers, including complex ownership structures, foreign entities, and politically exposed persons (PEPs). Validate Customer Due Diligence (CDD) documentation for completeness and accuracy. Identify additional risk indicators and recommend appropriate risk ratings. Conduct risk assessments for new accounts to ensure compliance with Customer Identification Program (CIP) and Know Your Customer (KYC) requirements. Verify beneficial ownership information and screen against sanctions lists. Review and disposition OFAC alerts in accordance with regulatory requirements and internal procedures. Escalate potential matches for further investigation and maintain detailed documentation of findings. Retrieve and analyze data from internal and external sources to support investigations. Prepare clear and concise referrals to the SAR team for potential suspicious activity reporting. Respond to 314(a) law enforcement requests by screening customer and transaction data and reporting positive matches promptly. Maintain current knowledge of BSA/AML/OFAC regulations, industry trends, and investigative techniques. Complete all required compliance training within assigned deadlines. Ensure adherence to all bank policies, procedures, and regulatory requirements. Qualifications & Skills
Minimum 3-5 years in BSA/AML compliance, with emphasis on EDD, KYC, and sanctions screening. Bachelor's degree in business, finance, or related field preferred; CAMS or equivalent certification strongly preferred. Strong analytical, investigative, and problem-solving skills. Excellent written and verbal communication skills. Proficiency in Microsoft Office (Word, Excel, Outlook) and AML monitoring systems. Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and attention to detail. High level of professionalism, confidentiality, and integrity.
NAME: __________________________________________________ DATE: ____________________
SIGNATURE: ___________________________________________
Corporate Title: Non-Officer
Department: Bank Secrecy Act (BSA)
Reports To: EDD Team Lead
COMPLIANCE STATEMENT
Adheres to Bank policies and procedures and complies with all State and Federal banking regulatory requirements, including but not limited to Sarbanes-Oxley Act, Bank Secrecy Act, Anti-Money Laundering, OFAC, Customers Right to Privacy Act, Regulation D, Regulation DD/Truth in savings, USA Patriot Act, CIP, Elder Care, Sexual Harassment, Information Security and Privacy requirements as they pertain to this position.
Position Overview
The EDD Analyst II is responsible for conducting Enhanced Due Diligence (EDD) reviews, new account risk assessments, and OFAC alert dispositions to ensure compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and related AML/OFAC regulations. This role involves identifying, analyzing, and escalating suspicious activity, including potential structuring, money laundering, terrorist financing, and sanctions violations. The analyst will support the BSA Officer and KYC Team Lead in maintaining a robust AML program through timely and accurate reviews, investigations, and reporting.
Key Responsibilities
Perform EDD reviews for high-risk customers, including complex ownership structures, foreign entities, and politically exposed persons (PEPs). Validate Customer Due Diligence (CDD) documentation for completeness and accuracy. Identify additional risk indicators and recommend appropriate risk ratings. Conduct risk assessments for new accounts to ensure compliance with Customer Identification Program (CIP) and Know Your Customer (KYC) requirements. Verify beneficial ownership information and screen against sanctions lists. Review and disposition OFAC alerts in accordance with regulatory requirements and internal procedures. Escalate potential matches for further investigation and maintain detailed documentation of findings. Retrieve and analyze data from internal and external sources to support investigations. Prepare clear and concise referrals to the SAR team for potential suspicious activity reporting. Respond to 314(a) law enforcement requests by screening customer and transaction data and reporting positive matches promptly. Maintain current knowledge of BSA/AML/OFAC regulations, industry trends, and investigative techniques. Complete all required compliance training within assigned deadlines. Ensure adherence to all bank policies, procedures, and regulatory requirements. Qualifications & Skills
Minimum 3-5 years in BSA/AML compliance, with emphasis on EDD, KYC, and sanctions screening. Bachelor's degree in business, finance, or related field preferred; CAMS or equivalent certification strongly preferred. Strong analytical, investigative, and problem-solving skills. Excellent written and verbal communication skills. Proficiency in Microsoft Office (Word, Excel, Outlook) and AML monitoring systems. Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and attention to detail. High level of professionalism, confidentiality, and integrity.
NAME: __________________________________________________ DATE: ____________________
SIGNATURE: ___________________________________________