New

EDD Analyst

TEKsystems
$36.00 - $38.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, New York, New York
Apr 02, 2025
The Enhanced Due Diligence (EDD) role within wealth management/ investment banking involves a range of responsibilities aimed at ensuring compliance with regulatory standards and mitigating financial risks. Here are some key aspects of the job description: * Risk Assessment: Conduct thorough risk assessments of new and existing clients to identify potential financial crimes, such as money laundering or fraud. * Data Analysis: Analyze complex financial data and transaction patterns to detect suspicious activities. * Regulatory Compliance: Ensure adherence to relevant laws and regulations, including the Bank Secrecy Act and the USA PATRIOT Act. * Documentation: Maintain detailed records of due diligence processes and findings, ensuring all documentation is accurate and up-to-date. * Collaboration: Work closely with other departments, such as compliance, legal, and operations, to support the firm's overall risk management strategy. * Reporting: Prepare and present reports on due diligence findings to sr. management and regulatory bodies. * Continuous Improvement: Stay updated on the latest regulatory changes and industry best practices to continuously improve the EDD processes Pay and Benefits The pay range for this position is $36.00 - $38.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully remote position. Application Deadline This position is anticipated to close on Apr 15, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.