KYC/EDD Analyst
Deloitte Operations are looking for a skilled KYC / Enhanced Due Diligence (EDD) Specialist with strong financial crime experience to join a leading large bank. The successful candidate will have expertise in identifying and escalating suspicious activity, raising Suspicious Activity Reports (SARs), and managing client exit processes. Experience within retail or corporate banking environments is highly desirable. Key Accountabilities
- Perform comprehensive KYC and EDD reviews on retail and corporate clients to ensure compliance with regulatory requirements and internal policies.
- Identify and raise flags on suspicious activities, preparing and submitting Suspicious Activity Reports (SARs) in line with regulatory guidelines.
- Manage client exit processes where necessary, ensuring all financial crime risks are mitigated and documented appropriately.
- Collaborate closely with financial crime, compliance, and risk teams to support investigations and remediation efforts.
- Maintain accurate and detailed records of all due diligence activities and decisions.
- Stay up to date with evolving financial crime regulations and best practices to ensure ongoing compliance.
Proven experience in KYC and EDD roles within financial crime functions, preferably in a large banking environment. - Strong knowledge of SARs processes, flagging suspicious activity, and client exit procedures.
- Experience working with retail and/or corporate banking clients.
- Excellent analytical and investigative skills with strong attention to detail.
- Ability to communicate effectively with stakeholders at all levels.
- Self-motivated with the ability to manage workload and priorities in a fast-paced environment Preferred Qualifications
- Relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist) or equivalent.
- Experience within large multinational banks or financial institutions.
- Familiarity with financial crime technology platforms and regulatory reporting tools.
