Senior CDD/EDD Specialist

Posted 4 Days Ago
Be an Early Applicant
Malvern, PA, USA
In-Office
Senior level
Financial Services
The Role
Leads complex Customer Due Diligence and Enhanced Due Diligence reviews for high-risk customers, serving as an escalation point and regulatory subject-matter expert. Ensures compliance with BSA, AML, OFAC, and USA PATRIOT Act requirements; mentors junior specialists; manages assignments, backlogs, and metrics; improves processes; and supports audits, quality assurance, and regulatory examinations.
Summary Generated by Built In

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.

Must be legally eligible to work in the United States without sponsorship, now or in the future, to be considered.


Who is Customers Bank?


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.


What You’ll Do:


We are seeking an experienced Senior CDD & EDD Specialist to serve as a subject matter expert and lead supporting the Bank’s ongoing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) efforts. The role will focus on guiding and developing junior specialists, assisting and conducting customer reviews and partnering leadership to ensure that compliance with regulatory obligations are met.


  • Serve as a subject-matter expert and escalation point for the EDD Team on complex and high-risk, customer relationships, providing guidance on review approach, risk assessment, and recommended outcomes.
  • Ensure compliance with Bank Secrecy Act Regulation’s, Anti-Money Laundering related regulations, Office of Foreign Assets Control Regulations and USA PATRIOT Act Regulations and stay current on regulatory developments that affect CDD/EDD processes.
  • Own and perform complex CDD and EDD reviews on new and existing customers in accordance with departmental processes and procedures and exercising independent judgement, where procedures do not clearly apply.
  • Act as direct liaison between the EDD Team and other departments for High-Risk customer onboarding, ongoing monitoring and general BSA inquiries.
  • Train, coach, and mentor junior team members, including onboarding new team members, and serve as the first point of escalation for review questions.
  • Support the CDD & EDD Manager in workload management by assigning, managing, and tracking review assignments, monitoring timeliness and backlog, and reporting on team status and metrics.
  • Identify process gaps and recommend improvements to procedures, templates, and workflows; contribute to the development and maintenance of CDD/EDD procedures and training materials.
  • Support internal audit, quality assurance, and regulatory examination requests by providing documentation and subject-matter input.

What Do You Need?


  • Bachelor’s degree in business, finance, or a related field, or equivalent work experience.
  • A minimum 5 years of experience in AML, compliance, or financial crimes investigations.
  • Strong analytical and investigative skills
  • Advanced proficiency in data analysis tools and software
  • Professional certification, such as CAMS is preferred

Technology Skills:


  • Ability to work with the Microsoft Suite and learn/work with other Customers Bank’s applications
  • Experience with case management, customer risk scoring, and screening or transaction monitoring tools is preferred.
  • Familiarity with AI and automation tools that support productivity, workflow efficiency, and client engagement.

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 which reflects the value we place on diversity, equity, and inclusion. We honor the diverse experiences, perspectives, and identities of our team members, and we recognize that it is their passion, creativity, and integrity that drives our success. Step into your future with us! Let’s take on tomorrow.

Skills Required

  • Bachelor's degree in business, finance, or a related field, or equivalent work experience
  • At least 5 years of experience in AML, compliance, or financial crimes investigations
  • Strong analytical and investigative skills
  • Advanced proficiency in data analysis tools and software
  • Professional certification such as CAMS
  • Experience with case management, customer risk scoring, screening, or transaction monitoring tools
  • Familiarity with AI and automation tools supporting productivity and workflow efficiency
  • Legal eligibility to work in the United States without sponsorship now or in the future

Customers Bank Compensation & Benefits Highlights

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

  • Healthcare Strength — Medical coverage with no‑cost telehealth, health‑advocacy support, and an Employee Assistance Program are highlighted, alongside recent enhancements to company‑paid life/AD&D and disability coverage with employee medical deductions held flat in 2023. Wellness programming with workshops, coaching, and rewards further reinforces the health offering.
  • Retirement Support — A 401(k) with company match and very high participation (95%+) is emphasized, supported by ongoing financial‑wellness and retirement‑readiness workshops. This combination points to solid retirement support even as exact match details are typically shared in offer materials.
  • Leave & Time Off Breadth — Generous PTO, paid holidays (including Juneteenth), and paid volunteer time are called out, with additional programs like a Community Service Day and a Day of Learning. External profiles also cite parental leave and sick days, indicating breadth beyond basic vacation and holiday policies.

Customers Bank Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Malvern, PA
788 Employees
Year Founded: 1997

What We Do

What we believe in: At Customers Bank, we are dedicated to providing exceptional value, service and convenience as part of an overall effortless banking experience. Our high-tech, high-touch approach to banking allows us to deliver a superior selection of products and services. Who we serve: We’re a community-based, full-service bank that offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers nationwide with locations in Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Texas. Our way of banking: Our approach to banking is built on three core pillars – commitment to human connections, dedication to innovation and the latest technology, as well as our responsibility to ground innovation in our deep experience and reliable financial foundation. We’re focused on our customers, employees, and investors every day — connecting them to real opportunities, helping them grow, and doing it all with speed and agility so they can get further, faster. More information: To learn more, visit us at http://customersbank.com. Customers Bank, a subsidiary of Customers Bancorp, Inc., is an equal opportunity lender and a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation. Customers Bancorp, Inc. voting common shares are listed on the New York Stock Exchange under the symbol CUBI. Member FDIC - Equal Housing Lender. Privacy Policy: We discourage Customers Bank customers from sharing personal identification data such as account numbers, social security numbers, or phone numbers on social media. Please send a direct message if you have questions regarding your account. To learn more, visit our website at https://www.customersbank.com/privacy-notice/.

Similar Jobs

Tapestry - Coach and Kate Spade Logo Tapestry - Coach and Kate Spade

Temporary Sales Associate

eCommerce • Fashion • Retail • Sales • Wearables • Design
Hybrid
Pittsburgh, PA, USA
16000 Employees
15-20 Hourly

Ahold Delhaize USA Logo Ahold Delhaize USA

Account Manager

AdTech • eCommerce • Food • Marketing Tech • Retail
Hybrid
Carlisle, PA, USA
10000 Employees
75K-129K Annually

Optum Logo Optum

Hospice CNA

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office
Johnstown, PA, USA
160000 Employees
14-23 Hourly

Optum Logo Optum

Hospice CNA PRN

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office
Danville, PA, USA
160000 Employees
14-24 Hourly

Similar Companies Hiring

Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account