EDD Analyst I, II or Senior EDD Analyst
Tri Counties Bank, Chico, CA, United States
EDD Analyst I, II or Senior EDD Analyst
Come to work for a company you can be proud to work for...and enjoy fantastic, comprehensive benefits. The hiring range for this opportunity is $25.50 to $48.00 per hour along with incentive opportunities, creating a competitive total compensation package based on our pay scale, and may be modified by location and is commensurate with qualifications and experience. Training will be conducted 100% on-site at one of our office locations: Chico, Roseville, or Bakersfield. After successful completion of training, employees may be considered for a set hybrid schedule. Hybrid arrangements are not guaranteed and may be changed or revoked by management at any time. Fully remote work is not available for this position. Position Summary - EDD Analyst I, II or Senior The EDD Analyst provides administrative and research support to Management to ensure operational compliance with Customer Due Diligence (CDD) requirements of the Bank's BSA Program. The incumbent must be a logical thinker, possess the ability to review qualitative and quantitative information and make meaningful insights, deal well with ambiguity and work with a high level of independence on a daily basis. To be successful in this position a strong understanding of deposit and lending products is needed as well as overall bank operations as well as an aptitude for writing clear reports and notes. The EDD Analyst works regularly with business units and occasionally directly with clients to complete the new customer onboarding and ongoing due diligence. The Senior EDD Analyst works regularly with business units and occasionally directly with clients to complete the new customer onboarding and ongoing due diligence. Major Responsibilities - EDD Analyst I, II or Senior Performs relationship-level reviews of customer information and related transactions, analyzing complex data to assist in determining if customer activity is within the Bank's risk tolerance Make preliminary SAR referrals to relevant internal manager Analyzes various ad-hoc reports and data manually to identify potentially high-risk customers Reports promptly to Management regarding any known or suspected violations to the Bank's BSA/AML programs, policies or procedures Notifies the Management in a timely manner, of any recommended procedural or policy changes. Cooperate, respond, and in a timely manner, implement any necessary corrections found either by independent testing or by compliance examiners, as approved by Management Works in collaborative manner with business units and occasionally directly with customers to complete task such as onboarding new customers or completing ongoing due diligence Will participate in other processes including but not limited to: CDD questionnaires, USA PATRIOT Act 314(a) searches, Office of Foreign Asset Control (OFAC) searches, Customer Identification Program (CIP), Ultimate Beneficial Ownership (UBO) and Designation of Exempt Persons (DOEP) Other Responsibilities - EDD Analyst I, II or Senior Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and Unfair, Deceptive or Abusive Acts or Practices (UDAAP) and any other applicable regulations that may be specific to your job duties. May include other miscellaneous duties as assigned by the BSA Officer and/or EDD Manager Maintains a current understanding of stated procedures and policies, including regulatory compliance issues. Education, Experience and Other Skills Required - EDD Analyst I Bachelor's Degree preferred, High school diploma or GED required 5+ years of banking experience. BSA experience related to CDD preferable. Previous BSA/AML, fraud, loss prevention or corporate security investigative experience, or experience analyzing customer financial activity for unusual behavior is preferred. Relevant law enforcement, other financial crimes investigation experience or regulator experience may substitute for some or all of the required banking experience Ability to efficiently leverage multiple data sources including internal systems, internet, sourced intelligence, and external data bases Excellent verbal and written communication skills Strong analytical skills Strong MS Word and Excel skills Ability to multi-task and work in high volume environment Expert knowledge of Bank services and products Ability to manage time effectively Ability to utilize personal computers and Windows driven programs Excellent reading, comprehension and problem-solving skills Education, Experience and Other Skills Required - EDD Analyst II All previously listed and: 7+ years of banking experience 3+ years of experience completing CDD within a financial institution Certified Anti-Money Laundering Specialist (CAMS) or similar certification Experience in or an ability to learn quality control of other analyst work May be tasked with making management-level relationship acceptance decisions in the absence of or at the direction of Management An interest in being responsible to be viewed as a leader Must have sufficient understanding of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting Expert knowledge of internal processes, systems and organizational structure Education, Experience and Other Skills Required - Senior EDD Analyst All previously listed and: 8+ years of banking experience 5+ years of experience processing and reporting suspicious activity within a financial institution At least 1-year experience in a senior analyst role or prior team lead/supervisor experience within a financial institution At least 1-year experience completing quality assurance reviews An interest in fulfilling management-level responsibilities in the absence manager Must have thorough understanding of the of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting May require participation in employee performance processes including performance reviews, counseling and payroll approval Certified Anti-Money Laundering Specialist (CAMS) or similar certification Experience in or an ability to learn quality control of other analyst work. May be tasked with making management-level relationship acceptance decisions in the absence of or at the direction of Management An interest in being responsible to be viewed as a leader Must have sufficient understanding of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting Expert knowledge of internal processes, systems, and organizational structure Company Profile Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Tri Counties Bank is an Affirmative Action and Equal Opportunity Employer, Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Age/Disability/Veteran.
Come to work for a company you can be proud to work for...and enjoy fantastic, comprehensive benefits. The hiring range for this opportunity is $25.50 to $48.00 per hour along with incentive opportunities, creating a competitive total compensation package based on our pay scale, and may be modified by location and is commensurate with qualifications and experience. Training will be conducted 100% on-site at one of our office locations: Chico, Roseville, or Bakersfield. After successful completion of training, employees may be considered for a set hybrid schedule. Hybrid arrangements are not guaranteed and may be changed or revoked by management at any time. Fully remote work is not available for this position. Position Summary - EDD Analyst I, II or Senior The EDD Analyst provides administrative and research support to Management to ensure operational compliance with Customer Due Diligence (CDD) requirements of the Bank's BSA Program. The incumbent must be a logical thinker, possess the ability to review qualitative and quantitative information and make meaningful insights, deal well with ambiguity and work with a high level of independence on a daily basis. To be successful in this position a strong understanding of deposit and lending products is needed as well as overall bank operations as well as an aptitude for writing clear reports and notes. The EDD Analyst works regularly with business units and occasionally directly with clients to complete the new customer onboarding and ongoing due diligence. The Senior EDD Analyst works regularly with business units and occasionally directly with clients to complete the new customer onboarding and ongoing due diligence. Major Responsibilities - EDD Analyst I, II or Senior Performs relationship-level reviews of customer information and related transactions, analyzing complex data to assist in determining if customer activity is within the Bank's risk tolerance Make preliminary SAR referrals to relevant internal manager Analyzes various ad-hoc reports and data manually to identify potentially high-risk customers Reports promptly to Management regarding any known or suspected violations to the Bank's BSA/AML programs, policies or procedures Notifies the Management in a timely manner, of any recommended procedural or policy changes. Cooperate, respond, and in a timely manner, implement any necessary corrections found either by independent testing or by compliance examiners, as approved by Management Works in collaborative manner with business units and occasionally directly with customers to complete task such as onboarding new customers or completing ongoing due diligence Will participate in other processes including but not limited to: CDD questionnaires, USA PATRIOT Act 314(a) searches, Office of Foreign Asset Control (OFAC) searches, Customer Identification Program (CIP), Ultimate Beneficial Ownership (UBO) and Designation of Exempt Persons (DOEP) Other Responsibilities - EDD Analyst I, II or Senior Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and Unfair, Deceptive or Abusive Acts or Practices (UDAAP) and any other applicable regulations that may be specific to your job duties. May include other miscellaneous duties as assigned by the BSA Officer and/or EDD Manager Maintains a current understanding of stated procedures and policies, including regulatory compliance issues. Education, Experience and Other Skills Required - EDD Analyst I Bachelor's Degree preferred, High school diploma or GED required 5+ years of banking experience. BSA experience related to CDD preferable. Previous BSA/AML, fraud, loss prevention or corporate security investigative experience, or experience analyzing customer financial activity for unusual behavior is preferred. Relevant law enforcement, other financial crimes investigation experience or regulator experience may substitute for some or all of the required banking experience Ability to efficiently leverage multiple data sources including internal systems, internet, sourced intelligence, and external data bases Excellent verbal and written communication skills Strong analytical skills Strong MS Word and Excel skills Ability to multi-task and work in high volume environment Expert knowledge of Bank services and products Ability to manage time effectively Ability to utilize personal computers and Windows driven programs Excellent reading, comprehension and problem-solving skills Education, Experience and Other Skills Required - EDD Analyst II All previously listed and: 7+ years of banking experience 3+ years of experience completing CDD within a financial institution Certified Anti-Money Laundering Specialist (CAMS) or similar certification Experience in or an ability to learn quality control of other analyst work May be tasked with making management-level relationship acceptance decisions in the absence of or at the direction of Management An interest in being responsible to be viewed as a leader Must have sufficient understanding of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting Expert knowledge of internal processes, systems and organizational structure Education, Experience and Other Skills Required - Senior EDD Analyst All previously listed and: 8+ years of banking experience 5+ years of experience processing and reporting suspicious activity within a financial institution At least 1-year experience in a senior analyst role or prior team lead/supervisor experience within a financial institution At least 1-year experience completing quality assurance reviews An interest in fulfilling management-level responsibilities in the absence manager Must have thorough understanding of the of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting May require participation in employee performance processes including performance reviews, counseling and payroll approval Certified Anti-Money Laundering Specialist (CAMS) or similar certification Experience in or an ability to learn quality control of other analyst work. May be tasked with making management-level relationship acceptance decisions in the absence of or at the direction of Management An interest in being responsible to be viewed as a leader Must have sufficient understanding of the Bank's customer risk profile, the Bank's EDD program and procedures, and strong comprehension of other BSA or related processes including Suspicious Activity Reporting (SAR), cybercrime, fraud, and currency transaction reporting Expert knowledge of internal processes, systems, and organizational structure Company Profile Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Tri Counties Bank is an Affirmative Action and Equal Opportunity Employer, Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Age/Disability/Veteran.