Senior EDD Officer

• Implementation of EDD Procedures:
• Develop and implement EDD procedures to guarantee strict compliance with all applicable regulations and legal requirements.
• Ensure that EDD processes are efficient, consistent, and up-to-date with evolving regulations.
• Handling Escalated EDD Issues:
• Take charge of handling and resolving escalated EDD issues, which may involve managing high-risk customers and monitoring exception reports.
• Oversee various compliance-related tasks, ensuring timely and effective resolution.
• Supervision of EDD Investigations:
• Supervise EDD investigations, leading a team of officers responsible for conducting thorough reviews of customer profiles.
• Make determinations regarding EDD reviews and escalations, ensuring a consistent and thorough approach.
• Training and Development:
• Develop and provide comprehensive training to the Compliance Operations Team, ensuring team members are well-versed in EDD processes and compliance requirements.
• Adhere to established training policies and continuously assess and improve the training program.
• Internal Testing and Reporting:
• Conduct internal testing of EDD compliance within functional areas such as Customer Due Diligence (CDD), Politically Exposed Persons (PEP), and fraud prevention.
• Communicate trends and findings to the Money Laundering Reporting Officer (MLRO) or AML Manager, contributing to the enhancement of risk mitigation strategies.
• Priority Management:
• Manage EDD team priorities related to compliance and subsequent determinations.
• Ensure the efficient allocation of resources and maintain a balanced workload among team members.
• Process Improvement:
• Lead the creation and implementation of process improvements aimed at enhancing the quality and scalability of our EDD procedures.
• Continuously assess existing processes and identify opportunities for optimization.
  

Desired Profile

Embark on an exhilarating journey as a Senior Enhanced Due Diligence (EDD) Officer, where we place a premium on candidates possessing exceptional rational thinking and critical analysis skills. We require a minimum of 7 to 8 years of experience within the financial sector, whether in banking or non-banking financial institutions. Within this experience, a minimum of 2 to 3 years must be dedicated to the intricacies of the Enhanced Due Diligence process. A professional certification in compliance is desirable. If you're the kind of analytical thinker who relishes unraveling complex compliance puzzles and has a strong and articulate voice in the world of financial regulations, we encourage you to connect with us. Join our dynamic team and make a meaningful impact!