EDD Analyst in Tigard, OR at Volt

Date Posted: 10/21/2018

Job Snapshot

Job Description

VOLT’s client is looking for an Enhanced Due Diligence Analyst (EDD)       

This is a contract role with the potential to convert to a full-time employee. VOLT is amongst the largest IT staffing companies in the US for contract/temporary and direct hire placements and support many of the top rated IT companies in the Pacific Northwest.

As an AML EDD Analyst, you will perform enhanced due diligence as part of periodic reviews of the bank’s customers that are at elevated risk for money laundering in compliance with the Bank Secrecy Act and USA PATRIOT Act.  You will periodically review transaction activity, search for negative news on the company and beneficial owners, assess and analyze the activity to determine if the activity is consistent with the line of business, number of locations, and that the customer does not operate entities that violate U.S. law or regulations.  Review projects are assigned based on skills and knowledge, and cover a range of low- and moderate-risk customers, all the way to more complex customers that pose the highest risk levels and require greater analysis skill. AML EDD analysts are also assigned alerts generated from the AML system related to higher-risk activity. 

Functions

  • Analyze high-risk customer transaction activity to ascertain legitimacy of the business and the business transactions, ensuring that the transaction activity is commensurate with the nature of the business entity.
  • Analyze AML policies, procedures, and third-party audits of entities required to maintain an AML program to ascertain the entities overall level of compliance and make recommendations regarding the entity based on analyzed level of AML risk the entity poses to the bank.
  • Prepare written analyses for all assigned high-risk customers.
  • Responsible for completion of all assigned high-risk alerts generated from AML systems.
  • Responsible for requesting and reviewing necessary supporting documentation for EDD, depending on the type of review.
  • Maintain EDD periodic reviews in an organized fashion within the shared drive folders to ensure easy access to EDD periodic review records.
  • Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.

Please note the following:

  • This is a W2 position.
  • Direct inquiries only.
  • No 3rd party submittals please.
  • This position is not available for Corp-to-Corp.
  • This position is not available for Associate Vendors.

How to Apply: Click on the Apply button to apply for this job.

Our Recruiter will initiate a phone call to you and give you immediate consideration should your resume meet the job requirements.  Please rest assured that if your resume matches what is reflected in this job posting, you should receive a phone call from a Volt Recruiter to discuss this position with you. Volt has a talented and optimistic staffing team focused on the quality of your career.

Volt has over 60 years of staffing experience.  We work with many of the Fortune 500 and 1000 companies to provide workforce solutions.  We offer many direct hire full-time positions as well as many contingent/temporary positions.  We offer our Workers competitive pay and benefits, as well as educational programs and re-deployment assistance.

To learn more about Volt, please visit: http://www.volt.com and to see more of our job postings, please visit: http://jobs.volt.com

To help Volt stay in touch with you and other great candidates in the Eastern Washington area we have created a specialized portal for you at http://staffing.volt.com/inland_northwest/ . Start here to see much more: http://volt.com/social.

Volt is an Equal Opportunity Employer.