A Regional Bank in Illinois is looking for 2 CDD/EDD Analysts to join their AML team. There is a relocation package and great benefits.
Perform enhanced due diligence and sanctions list screening processes, as well as surveillance designed to identify potential terrorist financing, money laundering or other suspicious activity. The Enhanced Due Diligence Unit is responsible for developing and implementing the bank-wide Customer Identification Program (CIP) and conducts enhanced due diligence on high-risk customer relationships to identify potential legal, regulatory or reputational risk. Conducts interviews, collect data, compile documentation and evidence, maintain accurate and detailed notes, develop initial and ongoing reports of enhanced due diligence reviews, and ensure accurate and timely completion of Suspicious Activity Reports (SAR).
This position requires the use of independent judgment in interpreting the need for intensive and more detailed examination of facts surrounding potential violations of the Bank Secrecy Act or USA PATRIOT Act.