Senior EDD Analyst: High-Risk Investigations & Compliance

Dime Community Bank; Hauppauge (NY); On-site; USD 73,000 - 83,000; Full time

Job summary

Dime Commercial Bank in Hauppauge, NY, is seeking a Senior Enhanced Due Diligence (EDD) Analyst to support the high‑risk customer EDD program within the BSA/AML/OFAC framework. The role involves performing complex reviews and investigations for high‑risk clients and providing guidance and quality assurance to junior analysts.

Responsibilities include conducting negative news searches, preparing investigation narratives, and assisting with SARs and quarterly risk assessments.

Qualifications

• Minimum five years in financial services, with 3+ years in BSA/AML/OFAC.
• Bachelor’s degree or equivalent required.
• Strong knowledge of BSA/AML and OFAC laws.
• Ability to work independently and in teams.
• Excellent communication and analytical skills.

Responsibilities

• Perform timely Enhanced Due Diligence (EDD) reviews for higher risk customers.
• Conduct negative news searches on entities and beneficial owners.
• Contact branches for additional information needed to explain activity that has been identified as potentially unusual or suspicious.
• Identify and refer potentially suspicious activity for further investigation by grouping the suspect transactions and gathering supporting documentation.
• Complete investigations of potentially unusual or suspicious transactions by preparing and/or finalizing an investigation narrative and gathering supporting documentation.
• Prepare SARs in accordance with departmental procedures and templates.

Skills

BSA/AML

OFAC compliance

Investigations

SAR preparation

Analytical skills

Communication skills

MS Office

Education

Bachelor’s degree

Tools

Abrigo

Job description

Dime Commercial Bank in Hauppauge, NY, is seeking a Senior Enhanced Due Diligence (EDD) Analyst to support the high‑risk customer EDD program within the BSA/AML/OFAC framework. The role involves performing complex reviews and investigations for high‑risk clients and providing guidance and quality assurance to junior analysts.

Responsibilities include conducting negative news searches, preparing investigation narratives, and assisting with SARs and quarterly risk assessments.