FEC CDD/EDD Analyst

Rado Bank • Saint Louis, MO

2d • Hybrid

About The Position

The Client Due Diligence (CDD) Analyst will not only conduct risk assessments on existing clients and onboarding of new to bank clients but, they will also collaborate with customers, members and colleagues both national and international. In addition, the CDD Analyst will also make careful considerations between risks and results in the performance of work duties with the objective to increase and maintain customer confidence. Our Shared Future: In this position, I feel my unique skills and talents are valued and appreciated. I'm encouraged to collaborate with my team and share opinions to bring improvements to our main core processes. I am challenged to always improve. You and Your Job As a Client Due Diligence (CDD) Analyst, you will be successful reviewing, understanding and explaining Global and Local procedures, recommending process improvements or enhancements and coordinating with Quality Control on their reviews and/or findings of risk assessments completed by our team. The FEC CDD Analyst is needed to manage the onboarding of clients and other parties through a complex internal system involving various groups, individuals, forms, and applications. The role ensures a seamless review process for clients, focusing on delivering a positive client experience. Responsibilities include conducting regulatory risk assessments, ensuring compliance with regulatory classifications, and ensuring all client files adhere to Rabobank's internal KYC policies. The Analyst plays a key role in providing feedback to streamline the KYC process and supports the team with projects, policy reviews, and report creation for multiple stakeholders. Collaboration with internal stakeholders and QC groups is essential to address any issues in the onboarding process, while working with different business units, project managers, and developers to enhance FEC CDD business systems.

Requirements

• 2+ years of KYC/Compliance experience in the Finance industry
• Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk and unusual activity
• Understanding of the banking industry, especially banking products and services in the context of an international bank.
• Legally authorized to work in the United States on a full-time basis.
• Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.

Responsibilities

• Coordinates and facilitates CDD reviews on behalf of the Client owner.
• The FEC CDD Analyst coordinates requests and provides support to the Client and several internal clients (i.e. the Client Owner, the KYC quality performing reviews and other personnel)
• Timely and accurate review of KYC information on all client files
• Consistent adherence to AML policies and procedures for KYC throughout the client lifecycle
• Appropriate reporting and escalation of issues to manager, ops and compliance as needed
• Timely and accurate performance of KYC Periodic Reviews
• Providing relationship staff with helpful assistance during the account opening and periodic review processes
• Providing guidance to static data specialists to ensure that operational client data is aligned with KYC data
• Adherence to department SLA’s

Benefits

• Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
• You can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
• We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year).
• To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs.
• Workforce Well-Being supports a hybrid working model that offers the flexibility to split your time between home and the office—typically 2–3 days remote and the remaining days onsite—promoting both productivity and personal well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed