EDD (Enhanced Due Diligence) Investigator – Sr. Associate/Team lead/Asst. Manager – Chennai

Location: Chennai   •   Experience: Mid Level   •   Openings: 10
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Job description

Job title:  EDD (Enhanced Due Diligence) Investigator – Sr. Associate/Team lead/Asst. Manager – Chennai
Position: 10
 
Key Responsibilities:
3 to 10 years of experience in Conducting and decisioning investigations and/or reviewing for quality alerts related to suspicious activity or customer transaction and behaviour patterns along with identifying potential onboarding and retention risk.
Works independently with limited supervision from manager.
Working investigations or reviewing for quality alerts while verifying/validating customer information and transaction activity via internal and external systems, based on scenario or customer type.
Demonstrate strong investigative/analytical skills and be able to formulate and clearly articulate a supportable rationale behind the outcome of an investigation/review (i.e. SAR or customer retention decision) while complying with departmental procedures.
Partner with the Lines of Business (LOB) to clarify and document risk factors associated with a client or banking relationship and/or resolve matters where the supporting documentation does not adequately describe risk associated with a client.
Develop strong rapport and communication with Compliance/LOB partners.
Identify and escalate information stemming from analysis and review that appears to be conflicting or inconsistent with a customer's profile.
Identify opportunities to improve the effectiveness and/or efficiency of policies, procedures and/or processes and make the appropriate recommendations to management and take part in implementation
• Experience in using different screening applications like Lexis Nexis, World check etc.
• Understanding of US Geography