EDD Senior Risk Analyst

To assist in the execution of the duties of the EDD, High Risk Customer Monitoring group, within the BSA Department. At the direction of the VP, EDD High Risk Customer Monitoring Group Manager, conduct complex high risk customer enhanced due diligence reviews, to include, forensic analysis of financial transactional activity, a review of actual vs expected customer activity, comparative analysis of customer activity within inherently high risk BSA/ AML customer types and make recommendations based upon findings. Assist in the quality assurance reviews of Analysts' work product.


  • Assisting the VP, EDD High Risk Customer Monitoring Group Manager in working with BSA unit managers to ensure compliance with the Bank's overall BSA/ AML Compliance Program.

  • Performing enhanced due diligence (EDD) reviews of all assigned high risk customers, including large complex relationships and those associated with sensitive domestic clients or clients associated with high risk industries. Use customer risk scoring models in accordance with departmental processes and procedures.

  • Conducting data analysis/mining to identify high risk customers.

  • Documenting 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.

  • Completing EDD reviews in a timely and efficient manner. Suggest process enhancements and/ or research tools to increase efficiency and/ or accuracy.

  • Reviewing, resolving and/ or escalating alerts or other adverse news screening.

  • Recommending clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing.

  • Elevating questions and concerns to the group manager as needed to make determinations and close EDD reviews.

  • Assisting with the preparation and delivery of ad-hoc BSA/ AML and OFAC compliance training based upon changes in regulatory requirements and/ or emerging typologies.

  • Maintaining awareness of regulatory updates and incorporate process and procedural changes into the EDD review process as directed by management.

  • Perform quality assurance reviews of Analysts' work product as directed by the VP, EDD High Risk Customer Monitoring Group Manager.

  • Serve as a mentor to analysts through sharing knowledge, expertise and problem-solving discussions.

  • Assist in the onboarding of new hires by guiding their transition through knowledge transfer, closely tracking their progress and serving as a first line in answering questions and sharing internal institutional information about the Bank.


  • Applying independent judgment in the identification and escalation of key BSA/ A.Client/ OFAC risks.

  • Displaying a high level of professional aptitude and standards.

  • Performing other related duties as assigned by the VP, EDD High Risk Customer Monitoring Manager.

  • Making recommendations for the targeted training of Analysts (i.e., refresher training


  • BA/BS degree is required and a professional certification (i.e., CAMS certification).

  • 5+ years of experience in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations.

  • Proven ability to use the full Microsoft Suite (Excel, Word, PowerPoint).

  • Proven ability to manage resources and competing priorities as required.

  • Excellent verbal, written, and interpersonal communication skills.

  • Excellent researching and time management skills with strong focus on attention to detail.

  • A team player able to work effectively in a team fostered, multi-tasking environment.?


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