Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Specialist

Our client, a leading financial services provider, is seeking a Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Specialist to join their team. As a Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Specialist, you will be part of the compliance department supporting the CDD/EDD team. The ideal candidate will have strong analytical skills, attention to detail, and excellent communication abilities which will align successfully in the organization.

Job Title: Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Specialist

Location: Remote

Pay Range: $45 - $50 per hour

What's the Job?

• Conduct and manage Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews in line with regulatory requirements.
• Analyze the current CDD/EDD workload to assess and calculate the necessary staffing levels for ongoing compliance.
• Perform customer risk assessments and identify high-risk customers requiring enhanced due diligence.
• Oversee and coordinate annual reviews, leveraging contractors where necessary to ensure timely completion of work.
• Ensure all CDD/EDD processes are in full compliance with internal policies and regulatory guidelines, especially those tied to the Written Agreement.
• Assist in implementing enhancements to CDD/EDD workflows and procedures as part of the Written Agreement’s actions.
• Collaborate with other compliance and risk teams to ensure accurate and timely reporting of customer data.
• Provide regular updates to management on the progress of CDD/EDD activities and staffing needs.
• Stay informed of regulatory changes related to CDD/EDD and advise on necessary process adjustments.

What's Needed?

• Bachelor’s degree in business, finance, or a related field.
• 7+ years of experience in CDD, EDD, or a related area of compliance within the financial services industry.
• Strong understanding of regulatory requirements related to CDD and EDD, including the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations.
• Experience in managing high-risk customer reviews and compliance workflows.
• Strong analytical and organizational skills with attention to detail.
• Excellent communication skills and the ability to collaborate across multiple teams.
• Ability to manage contractors and external resources effectively.
• CAMS certification or similar compliance-related certification preferred.

What's in it for me?

• Opportunity to work in a dynamic and supportive remote environment.
• Gain valuable experience in a critical area of financial compliance.
• Collaborate with a team of professionals dedicated to excellence.
• Enhance your skills and knowledge in customer risk assessment.
• Be part of a company that values diversity and inclusion.

If this is a role that interests you and you'd like to learn more, click apply now and a recruiter will be in touch with you to discuss this great opportunity. We look forward to speaking with you!

About ManpowerGroup, Parent Company of: Manpower, Experis, Talent Solutions, and Jefferson Wells

ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, Talent Solutions, and Jefferson Wells –creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2023 ManpowerGroup was named one of the World's Most Ethical Companies for the 14th year - all confirming our position as the brand of choice for in-demand talent.