CDD/EDD Analyst

Ent Credit Union•Colorado Springs, CO

5h•$29 - $33

About The Position

The CDD/EDD Analyst will be a member of the CDD/EDD Team and will be responsible working both independently and as a team member to ensure compliance with Federal Bank Secrecy and Anti-Money Laundering laws. This role will be responsible for account monitoring which includes high risk accounts. Essential Functions Customer Due Diligence (CDD) & Onboarding: Conduct investigative research on individuals and entities using public records, open-source media, and internal systems to support BSA/AML/CFT risk assessments. Perform identification and verification processes for new and existing members in accordance with established procedures. Review onboarding documentation for completeness and accuracy; escalate missing or inconsistent information. Partner with internal teams to obtain required documentation and resolve onboarding gaps. Transaction Monitoring & Investigations: Review transactional activity to identify unusual patterns or anomalies based on defined rules and guidance. Conduct research and fact-finding to support investigation of alerts and high-risk accounts. Escalate potentially suspicious activity in accordance with established procedures. Assist with periodic reviews of higher-risk member accounts. Risk Analysis, Documentation & Reporting: Document research findings clearly and accurately in case management systems. Prepare concise summaries of investigations to support decision-making and escalation. Maintain accurate records in accordance with retention policies and internal guidelines. Follow established procedures for case handling, documentation, and reporting. Compliance Support & Development: Apply established CDD/EDD/CFT policies and procedures in daily work. Support team initiatives and process improvements through feedback and participation. Participate in required training and continue to build knowledge of regulatory requirements. Collaborate with peers and escalate questions or complex issues to senior analysts. Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Requirements

College degree preferred
3+ years working with BSA/AML/CFT or similar experience, at a Financial Institution, to include:
1+ years of experience working with business account Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) at a Financial Institution Required
Knowledge of basic analytical techniques to review information and identify patterns, inconsistencies, or potential risks.
Skilled in applying critical thinking to follow established procedures and support problem-solving efforts.
Ability to make decisions using defined guidelines and escalate issues when appropriate.
Skilled in written and verbal communication to document findings and share information with team members.
Ability to collaborate effectively with others to complete tasks and support team objectives.
Ability to manage assigned work, prioritize tasks, and meet deadlines in a structured environment.
Knowledge of BSA/AML regulations, policies, and procedures.
Skilled in reviewing customer information and documentation to support identity verification and risk assessment processes.
Ability to conduct research using internal systems, public records, and approved tools to support investigations.
Ability to complete accurate and timely documentation in accordance with established standards and requirements.

Responsibilities

Conduct investigative research on individuals and entities using public records, open-source media, and internal systems to support BSA/AML/CFT risk assessments.
Perform identification and verification processes for new and existing members in accordance with established procedures.
Review onboarding documentation for completeness and accuracy; escalate missing or inconsistent information.
Partner with internal teams to obtain required documentation and resolve onboarding gaps.
Review transactional activity to identify unusual patterns or anomalies based on defined rules and guidance.
Conduct research and fact-finding to support investigation of alerts and high-risk accounts.
Escalate potentially suspicious activity in accordance with established procedures.
Assist with periodic reviews of higher-risk member accounts.
Document research findings clearly and accurately in case management systems.
Prepare concise summaries of investigations to support decision-making and escalation.
Maintain accurate records in accordance with retention policies and internal guidelines.
Follow established procedures for case handling, documentation, and reporting.
Apply established CDD/EDD/CFT policies and procedures in daily work.
Support team initiatives and process improvements through feedback and participation.
Participate in required training and continue to build knowledge of regulatory requirements.
Collaborate with peers and escalate questions or complex issues to senior analysts.
Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.