ALTA IT Services is a wholly owned subsidiary of System One, a leading provider of specialized workforce solutions and integrated services. ALTA is an established leader in IT Staffing and Services, for both government and commercial enterprises across the United States, specializing in Program & Project Management, Application Development, Cybersecurity, Data & Advanced Analytics, and Agile Transformation Services.

Due Diligence Analyst
100% Remote
Contract 

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

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

 

System One, and its subsidiaries including Joulé, ALTA IT Services, CM Access, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.