Note: The job is a remote job and is open to candidates in USA. Pathward is a financial empowerment company dedicated to creating financial inclusion for all. They are seeking an EDD Analyst II to perform customer due diligence and enhanced due diligence reviews on higher-risk customers, ensuring compliance with BSA/AML regulatory requirements.
Responsibilities
- Complete EDD reviews for assigned periodic and event driven alerts within a designated timeframe in accordance with established procedures
- Conduct open-source data searches using multiple resources to gather and analyze necessary information about the customer, business partners, owners, controllers, and other connected parties as appropriate
- Analyze transactional data within a given timeframe and identify any potential red flags or inconsistencies
- Organize and synthesize information compiled into a clear evaluation and recommended actions
- Prepare detailed and succinct customer narratives that can be clearly understood by an independent tester, auditor, or regulator
- Escalate identified financial crimes red flags and unusual activity using sound judgement
- Provide support for ad-hoc projects as assigned
Skills
- Bachelor's degree required
- Two to three years' experience in BSA/AML compliance within the financial services industry, with direct experience conducting EDD reviews on high-risk customers
- Experience compiling data, analyzing, and explaining complex ownership structures
- Understanding of financial crimes risks and red flag indicators, with the ability to use knowledge to assess customer risk effectively
- Organizational and time management skills to appropriately prioritize workload and meet time-sensitive deadlines
- Ability and willingness to work independently and in a team environment are required
- Critical thinking and problem-solving skills are a must
- Excellent organizational and communications skills (verbal and written)
- Ability to perform tasks under pressure and in fast-paced environment
- Ability to adapt to a dynamic and continuously changing environment
- Soft skills to foster and maintain effective and positive working relationships with colleagues and business partners
- Professional certification such as CAMS, CFCS, CFE, or similar
- Experience performing EDD in one or more of the following areas: BaaS/fintech partnerships, prepaid/issuing, commercial customers, MSBs, or other higher-risk products/industries
- Experience supporting SAR investigations and/or providing well-developed escalation summaries for investigations teams
- Experience with Actimize or comparable financial crimes case management/transaction monitoring tools
- Experience participating in audit/exam readiness activities (e.g., evidence gathering, responding to requests, addressing findings) within a regulated financial
Benefits
- Annual performance-based incentive opportunity
- Comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off
Company Overview