Compliance Associate - Enhanced Due Diligence (EDD)

1 month ago
Job ID
# of Openings


Intermex Wire Transfer, a leading provider of money transfer services in the U.S. to Latin America, has an opportunity to join its Compliance Team as a Enhanced Due Diligence (EDD) Associate. This position assist in the coordination, administration and management of the enterprise-wide Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and reporting for OFAC laws and regulations. Contribute to the day-to-day activities of the AML/BSA Compliance department by providing ideas and suggestions adapting to the fast changing environment of the department, always performing those responsibilities in accordance with the Company's policies and applicable laws.  Responsible for coordinating the management and oversight of high risk customers, ensuring proper risk ratings, completion of on-site/off-site reviews, and the maintenance of associated documentation and reporting to senior management.  Responsible for planning and resolving problems for team members.  


  • Perform enhanced due diligence (EDD) reviews and research of customers, including reviews of transaction activity, Compliance Definition Documents (CDD), and interviews with customers.
  • Ensure CDD is collected at agent onboarding, and is periodically updated during the customer relationship. (based on agent risk models in accordance with departmental processes and procedures).
  • Conduct, review and evaluate EDD reports on new and existing customers as appropriate.
  • Ensure accurate data collection to comply with the company’s Customer Identification Program (CIP).
  • Perform customer screening for money service businesses (MSB), politically exposed persons (PEP), OFAC, negative news, etc. and escalate alerts or other adverse news findings to management.
  • Document EDD review findings in the appropriate databases including all pertinent facts and information to support result.
  • Complete EDD reviews in a timely and efficient manner.
  • Elevate questions and concerns to the team lead as needed to make determinations and close EDD reviews.
  • Assist with preparation and delivery of AML and other compliance training.
  • Maintain awareness of regulatory updates and incorporate process and procedural changes into the EDD review process as directed by management.
  • Assist in the development, improvement, and review of the Compliance Monthly report (includes review of risk matrix, transactional data, unusual activity, and executive summary).
  • Preparation of the monthly compliance internal audit report.
  • Establishes documented short-term and long-term objectives for all projects and assignments.


  • 4 year college degree preferred
  • At least five (3) year experience in the field or related area.
  • BSA/AML knowledge, CAMS or FIBA certification preferably.
  • Fully Bilingual with excellent written and verbal communication skills, proficiency in Excel (intermediate), Microsoft Office, and data mining. Analytical, managerial and organizational skills.
  • Analytical, managerial and organizational skills.
  • Excellent written and verbal communication skills (English and Spanish).


About Intermex Wire Transfer, LLC:

We are everywhere that matters. Close to you. Close to your loved ones.

When it comes to money remittance services, Intermex is a leader you can trust. With a state-of-the-art system, and a network of more than 30,000 payer locations, the company offers services in 45 American states and in 16 Latin American countries. Computer and telephone-based options are available for convenient wire transfers.

Visit us at:

Mission and Vision
To be the preferred provider of money transfer services, both in the United States and in Latin America. Focused on excellence, we always strive to provide unsurpassed quality customer service.

Intermex is a growing organization and is searching for TOP TALENT. We currently have a variety of employment opportunities.

All Jobs at Intermex Wire Transfer, LLC



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