EDD Analyst I

Posted 4 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
65K-75K Annually
Senior level
Financial Services
The Role
Conduct enhanced due diligence reviews of high-risk clients and transactions, perform negative-news and public-domain searches, track documentation requests and deadlines, and support compliance with AML, sanctions, Bank Secrecy Act, USA PATRIOT Act, and securities regulations. The role also contributes to process improvements and requires strong organization, communication, technology skills, and independent judgment.
Summary Generated by Built In

About the Company

 

Interactive Brokers Group, Inc. (NASDAQ: IBKR), a member of the S&P 500, is a global financial services company headquartered in Greenwich, Connecticut, with offices in over 15 countries. Through its affiliates, Interactive Brokers provides automated trade execution and custody of securities, commodities, foreign exchange, and prediction markets on over 170 markets in numerous countries and currencies.

 

For more than four decades, Interactive Brokers has focused on technology, automation, and innovation to provide clients worldwide with a sophisticated, unified platform to manage their investment portfolios. We serve individual investors, hedge funds, proprietary trading groups, financial advisors, and introducing brokers.

 

Our culture is driven by problem-solving, efficiency, and continuous improvement. We look for individuals who are intellectually curious, collaborative, and motivated to contribute to technology that helps simplify and enhance access to global financial markets. Interactive Brokers has consistently been recognized as a top broker by respected industry sources including Barron’s, Investopedia, Stockbrokers.com, and others.

 

About Your Team: 

Interactive Brokers (IBKR) is hiring an Enhanced Due Diligence (EDD) Analyst in our Chicago office. The analyst will report to a local EDD Manager and will assist with ensuring the firm complies with the Bank Secrecy Act, USA PATRIOT Act, anti-terrorist financing, sanctions, industry AML, securities laws, and regulations.

Your Responsibilities Within IBKR: 

  • Conduct ongoing reviews of client profiles and transactions following IBKR policy and procedures
  • Maintain accurate tracking of assignments and requests for documentation to ensure appropriate deadlines are met
  • Contribute to streamlining current processes and identifying areas for improvement
  • Perform negative news and public domain searches on high-risk clients and related parties

Required Skills:

The ideal candidate will have regulatory and compliance experience working for an exchange, a regulatory organization, a Broker Dealer (BD), a Futures Commission Merchant (FCM) or a similar organization. Alternatively, experience in internal audit, legal, accounting, or other control functions of a financial services firm or regulator would be beneficial. Absent direct industry experience, we will also consider applicants with a solid academic background in law, accounting, data analytics or similar areas. To thrive and succeed in the Interactive Brokers work environment, candidates must be focused, adaptable, collaborative and have strong time management skills.

Preferred Qualifications:

  • High degree of comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems
  • Minimum of 5 years’ experience and familiarity, preferably gained in a brokerage or corporate banking environment, with onboarding or reviewing high-risk client relationships and carrying out EDD.
  • Excellent oral and written communication skills
  • Detail-oriented with outstanding organizational and project management skills
  • Ability to work independently, in a small-team environment, and multi-task with minimal supervision
  • ACAMS, CFE, CFCS, SIE, Series 7, and/or other licenses or certifications are highly preferred

 

Company Benefits:

  • Competitive salary, annual performance-based bonus, and stock grant awards
  • 401(k) retirement plan with competitive company match
  • Excellent health and wellness benefits, including medical, dental, and vision benefits. 100% employer-paid medical premiums, with generous employer contributions to dental & vision plans as well.
  • Wellness screening and assessments, health coaches, and counseling services through an Employee Assistance Program (EAP)
  • Generous paid parental leave (up to 16 weeks paid parental leave for eligible employees)
  • Company-paid basic life insurance, accidental death & dismemberment (AD&D), and short- and long-term disability coverage
  • Flexible Spending Accounts (Healthcare, Dependent Care, and Commuter FSAs)
  • Quarterly fitness stipend to offset costs associated with traditional gym and fitness memberships or fees
  • Education reimbursement and professional development opportunities
  • Legal services, telehealth access, and voluntary insurance options
  • Backup child and adult care support through Care.com
  • Daily lunch allowance and fully stocked kitchen with healthy breakfast and snack options

 

Skills Required

  • Regulatory and compliance experience at an exchange, regulatory organization, broker-dealer, futures commission merchant, or similar organization
  • Alternatively, experience in internal audit, legal, accounting, or another control function within a financial services firm or regulator
  • Alternatively, a strong academic background in law, accounting, data analytics, or a similar field
  • Strong time management skills
  • Adaptability and ability to collaborate
  • Minimum of 5 years of experience with onboarding or reviewing high-risk client relationships and performing enhanced due diligence, preferably in brokerage or corporate banking
  • Fluency and comfort with computers and technology
  • Excellent oral and written communication skills
  • Detail-oriented with strong organizational and project management skills
  • Ability to work independently, multitask, and operate with minimal supervision
  • ACAMS, CFE, CFCS, SIE, Series 7, or other relevant licenses or certifications

Interactive Brokers Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Interactive Brokers and has not been reviewed or approved by Interactive Brokers.

  • Healthcare Strength — Health coverage is described as comprehensive, with company-covered premiums available in some plans, plus dental and vision. Wellness incentives and accessible care benefits contribute to the perceived value of the package.
  • Strong & Reliable Incentives — Total compensation commonly includes discretionary bonuses and stock grants that enhance earnings. These elements are frequently cited as meaningful parts of overall pay.
  • Pay Growth & Progression — Annual pay increases are mentioned across multiple roles. This supports a perception of steady early-stage progression.

Interactive Brokers Insights

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The Company
HQ: Greenwich, CT
2,441 Employees

What We Do

Rated #1 Best Online Broker in 2022 for 5 consecutive years by Barron's. Interactive Brokers Group (Nasdaq: IBKR) and its predecessor companies have been building trading technology for over 44 years. Interactive Brokers Group’s consolidated equity capital exceeds $10 billion. Throughout its history, the company’s mission has remained unchanged: Create technology to provide liquidity on better terms. Compete on price, speed, size, diversity of global products and advanced trading tools. Interactive Brokers LLC is a member of NYSE, FINRA, SIPC. For more information, visit: ibkr.com

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