Madison-Davis, LLC is Hiring an EDD Consultant Near New York, NY
CONTRACT ROLE
PAY: $55/HR
Performing EDD reviews of all assigned high risk customers in a timely and efficient manner.
Documenting EDD review findings in the appropriate databases to include all pertinent facts and information, such as the preparation of narrative reports summarizing actions, findings and recommendations for next steps.
Recommending clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing.
Assist EDD Team Lead in working with BSA managers and staff to ensure compliance with the Bank's overall BSA/ AML Compliance Program.
Suggest process enhancements and/or research tools to increase efficiency and/or accuracy.
Assist with the preparation and delivery of ad-hoc BSA/ AML and OFAC compliance training based upon changes in regulatory requirements and/ or emerging typologies.
Maintaining awareness of regulatory updates and incorporate process and procedural changes into the EDD review process as directed by management.
Interface with MCB’s business units to satisfy any relevant questions or issues that arise during such reviews.
Must be proficient with KYC/CIP and transactional analysis