What are the responsibilities and job description for the Enhanced Due Diligence Consultant position at Madison-Davis, LLC?
Rate: $55/hour
- 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 business units to satisfy any relevant questions or issues that arise during such reviews.
Salary : $55
Operational Due Diligence Senior Consultant
Crowe LLP -
New York, NY
EDD (Enhanced Due Diligence) Operations VP- Team Manager
Morgan Stanley -
New York, NY
Senior Lead Consultant, M&A Due Diligence and Compliance
Ramboll -
New York, NY
