Associate. CDD & EDD Specialist

At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans.

By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.

Founded in 2009, Customers Bank is a super-community bank with over $22 billion in assets. We believe in dedicated personal service for the businesses, professionals, individuals, and families we work with.
** We get you further, faster.
**** Focused on you:
** We provide every customer with a single point of contact. A dedicated team member who’s committed to meeting your needs today and tomorrow.
** On the leading edge:
** We’re innovating with the latest tools and technology so we can react to market conditions quicker and help you get ahead.
** Proven reliability:
** We always ground our innovation in our deep experience and strong financial foundation, so we’re a partner you can trust.
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* What You’ll Do:

** We are seeking a dedicated CDD & EDD Specialist to support the Bank’s ongoing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) efforts. The role will focus on conducting customer reviews and ensuring that compliance with regulatory obligations is met.
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* Key Responsibilities:

*** Ensure compliance with Bank Secrecy Act Regulation’s, Anti-Money Laundering related regulations, Office of Foreign Assets Control Regulations and USA PATRIOT Act Regulations.
* Perform complex Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews on new and existing high-risk customers. Using customer risk scoring models in accordance with departmental processes and procedures in line with regulatory requirements.
* Conduct deeper, more detailed level of customer review used to manage higher-risk customers, products, or activities from an AML/BSA perspective.
* Conduct complex investigations requiring strong critical thinking, analysis, and analytical judgment.
* Act as direct liaison between the EDD Team and other departments for High-Risk customer onboarding and general BSA inquiries.
* Bachelor’s degree in business, finance, or a related field.
* 3+ 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 keen attention to detail, along with excellent communication skills and the ability to collaborate effectively across multiple teams.
* Certified Crypto asset AFC Specialist (CCAS) Certification or similar preferred.
* ACAMS certification or similar compliance-related certification preferred.
** Technology

Skills:

*** Ability to work with the Microsoft Suite and learn/work with other Customers Bank’s applications
* Experience with Chainalysis or similar monitoring tool is strongly preferred.

Customers Bank is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also provide “reasonable accommodations”, upon request, to qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state and local laws.  

Diversity Statement:
At Customers Bank, we believe in working smart, working together, and having fun while delivering innovative solutions and memorable experiences for our customers. We are committed to the continual advancement of a culture…