KYC/EDD Analyst

Infotek Consulting Services Inc.; Mount Laurel Township (NJ); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Financial Crimes Risk Analyst to join their dynamic team. This exciting role involves conducting enhanced due diligence for high-risk customers and ensuring compliance with regulatory requirements. Initially remote, the position will transition to a hybrid model upon conversion to full-time employment. The ideal candidate will have extensive experience in AML practices, particularly in KYC and EDD, and will play a crucial role in managing high-risk customer relationships. Join a forward-thinking organization that values compliance and risk management as part of their core operations.

Qualifications

• 3+ years of AML experience including KYC and EDD.
• Proven financial crime compliance experience with remediation skills.

Responsibilities

• Perform end-to-end activities for enhanced due diligence reviews.
• Analyze customer behavior and escalate sensitive issues.

Skills

AML experience (KYC, EDD, investigations)

Financial crime and/or financial compliance exposure

Remediation experience

Experience in financial services

Advanced skills with Excel

Advanced skills with SharePoint

Tools

Oracle

RDC or MOODY

Job description

Infotek Consulting Services Inc. Mount Laurel, NJ

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Direct message the job poster from Infotek Consulting Services Inc.

Director – MSP National Accounts at Infotek Consulting Services Inc.

Infotek Consulting is hiring several Financial Crimes Risk Analysts - this is a contract to hire role and candidates must be able to work onsite in Wilmington DE, Mount Laurel NJ, Lewiston/Portland ME, Ft Lauderdale/Jacksonville FL or NYC

Initially this role will be remote - MUST BE ON W2

Duration: 3 months to start

Conversion Possible: yes, role is intended to be contract-to-perm.

Work Location (Remote, Hybrid or Both?): Remote until converted to FTE, at which point role will be hybrid

The Financial Crimes Risk Management Know Your Customer (KYC) Program Team is responsible for the establishment and ongoing oversight of an effective KYC Program for the Bank's US Holdings. The KYC Program Team is tasked with setting consistent requirements for the bank to reasonably 'know its customers' and evaluate the risks associated with a customer relationship throughout the customer lifecycle.

The primary responsibility of the KYC High Risk Reviews team is to execute enhanced due diligence (EDD) reviews for high-risk customers at the bank. The team is responsible for managing procedures and escalations related to high-risk customers, including analysis of customer behavior and activity of concern, in compliance with KYC policy and regulatory requirements. The team engages with the 1st line of defense on the outcomes of EDD reviews, management of issues, and guidance related to high-risk customer types and associated activity.

• Independently performs activities from end-to-end

• Interprets and administers policies, adopts and implements business process improvements

• Experienced professional role providing specialized guidance/assistance/support to functions/FCRM teams

• Coordinates requests to and from, business (FCRM) partners

• Coordinates tracking and reporting of FCRM function initiatives and programs

• Analyzes data and draws conclusions to meet program health reporting requirements

• Proactively identifies matters requiring additional review, escalation, and liaises with appropriate staff to resolve, as appropriate

• Recommends responses to enterprise FCRM Program questions and immediately escalates any sensitive issues accordingly

MUST HAVE:

1.) AML experience (KYC, EDD, investigations) – 3 years

2.) Financial crime and/or financial compliance exposure – 3 years

3.) Remediation experience – 1 year

4.) Experience in financial services – 1 year

5.) Advanced skills with Excel, SharePoint

NICE TO HAVE

1.) CAMS

2.) Oracle

3.) RDC or MOODY

Seniority level

• Associate

Employment type

• Contract

Job function

• Accounting/Auditing, Administrative, and Analyst

Industries

• Banking

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