We are a Recruiting, Staffing and Talent Acquisition firm based out of Ashburn, VA. We specialize in providing outbound and inbound TA strategies to our small-medium clients in leading industry verticals like federal systems integrators and companies in the tech sector. With a CAGR of over 700% since 2010 and a three-year growth rate of 248% since 2012, we have been named to Inc's fastest-growing companies and Entrepreneur magazine's "Best Entrepreneur company".

Our mantra at Param is "solving our customers toughest challenges" and our mission is multi-fold. We are passionate about helping our customers find talent on time and save them 60-80% of their hiring costs. Secondly, we are incredibly keen on recruiting and staffing our customer's projects with the best available talent using our decades of talent acquisition expertise and global footprint.

We have partnered with various small-medium businesses (SMB) over the years and successfully delivered IT staffing, recruiting and talent acquisition solutions for their critical and time-sensitive missions.

Param Solutions

Shuvel Digital

Job Description:
The Enhanced Due Diligence (EDD) Analyst conducts assessments of members' risk for money laundering, financial crimes, and terrorist financing by thoroughly analyzing transaction patterns, negative news, and comparing expected versus actual activity based on the business nature. This role requires collaboration with senior analysts to escalate suspicious activities for further investigation and stays abreast of industry trends and regulations related to financial crime typologies. In addition to EDD responsibilities, this role involves conducting thorough investigations into suspicious activities, preparing Suspicious Activity Reports (SARs), and ensuring compliance with regulatory requirements.
Key Responsibilities:








<ul><li>Conduct enhanced due diligence on member profiles, including 90-day and high-risk reviews, and recommend ongoing monitoring as needed.</li><li>Assist in reviewing case management output for entities requiring action.</li><li>Support senior analysts in assessing member risk ratings and eligibility for continued monitoring and Enhanced Due Diligence (EDD).</li><li>Analyze account relationships, transactions, and business structures to recommend risk-based actions, escalating suspicious activity when necessary.</li><li>Prepare and submit SARs in compliance with regulatory guidelines.</li><li>Collaborate with team members to ensure efficient workflow and accurate results.</li><li>Assist in preparing reports, including findings and recommendations.</li><li>Basic understanding of grand juries and 314(a) information sharing process to effectively navigate legal requirements in financial crime investigations.</li><li>Stay updated on industry regulations and best practices related to money laundering, financial crime, and terrorist financing.</li></ul>
Qualifications







<ul><li>Bachelor's degree in finance, business, or a related field.</li><li>1-2 years of experience in financial services, compliance, or a related field.</li><li>Familiarity with BSA/AML regulations and KYC processes.</li><li>Strong analytical skills with attention to detail.</li><li>Excellent communication skills, both written and verbal.</li><li>Proficiency in Microsoft Office applications.</li><li>Ability to work effectively in a team environment and collaborate with colleagues.</li><li>CAMS certification is a plus.</li></ul>