BSA Enhanced Due Diligence (EDD) Analyst
| Job Title: | BSA Enhanced Due Diligence (EDD) Analyst |
| Our Client: | A Leading Korean Commercial Bank (NYC) |
| Country: | United States |
| Location: | New York NY |
| Specialisation: | Banking & Financial Services |
| Salary: | $100,000-$200,000 |
| Job Reference: | 16287 |
| Contact Person: | Rich CHO Managing Director |
| Contact Email: | rich.cho@cesna.com |
| Job Published: | 2026-07-21 |
Position
About Our Client
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Job Summary
Our client is seeking an experienced Enhanced Due Diligence (EDD) Analyst to join our BSA Compliance Department. This role is responsible for conducting comprehensive, end-to-end EDD reviews of the bank's high-risk customer portfolio, ensuring strict compliance with regulatory standards and internal bank policies. The ideal candidate will possess deep investigative skills to analyze complex corporate entity structures, evaluate cross-border or inter-account activity, and monitor evolving customer risk parameters to protect the bank against financial crime.
Job Description
- - Conduct thorough EDD reviews of high-risk customers, focusing on complex relationship
- structures,ultimate beneficial ownership (UBO), and potential inter-account fund comingling.
- - Perform 90-day reviews for customers whose updated monthly risk scores exceed the bank's
- high-risk threshold.
- - Identify, document, and escalate potentially suspicious activities directly to the EDD Team Lead
- and BSA Officer.
- - Recommend strategic updates to customer profiles and behavioral parameters based on
- investigation outcomes. Issue, track, and diligently follow up on timeline-sensitive Requests for
- Information (RFIs) to front-line business units.
- - Review Site Visitation Reports to ensure they comply with the bank's KYC/CDD/EDD
- requirements.
- - Support the BSA Officer with special investigations and the development of models or Customer
- Risk Rating (CRR) methodologies. Assist in training branch employees on KYC and AML
- procedures.
Qualifications
- - Bachelor’s degree in Finance, Business Administration, Criminal Justice, or a related field is
- preferred.
- - Over 5 years of direct, dedicated experience executing EDD functions and high-risk entity
- investigations within a commercial banking environment.
- - CAMS designated candidates are preferred; but not required.
- - Strong mastery of AML investigation tools, transaction monitoring systems, adverse media
- databases (i.e. Thomson Reuters), and corporate registries.
- - Analytical and investigative mindset, with the proven ability to structure comprehensive,
- narrative-based investigative reports.
- - In-depth understanding of federal BSA/AML regulations, FinCEN guidance, and CDD/EDD rules.
- - Excellent written and verbal communication skills
What's On Offer
Apply online or feel free to contact us directly for more information about the opportunity. Due to the high volume of applicant, we regret to inform that only shortlisted candidates will be notified. Thank you for your understanding.
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