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CDD Analyst

Overview, Education, Careers Types, Skills, Career Path, Resources

CDD Analysts ensure financial institutions comply with regulations by monitoring transactions and identifying suspicious activities. They play a crucial role in preventing financial crimes.

Average Salary

₹4,50,000

Growth

medium

Satisfaction

medium

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Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

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    KYC/AML Compliance
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    Risk Assessment
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    Data Analysis
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    Due Diligence
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    Communication Skills
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    Investigative Skills
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    Regulatory Knowledge
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    Documentation and Reporting
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    Attention to Detail
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    Problem-Solving
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

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    Analytical Skills
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    Communication Skills
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    Attention to Detail
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    Problem-Solving Skills
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    Time Management
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    Adaptability
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    Teamwork and Collaboration
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    Ethical Conduct
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

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    Anti-Money Laundering (AML)
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    Know Your Customer (KYC)
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    Data Analysis
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    Risk Assessment
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    Regulatory Compliance
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    Communication Skills
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    Investigation Skills
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    Fraud Detection
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    Case Management
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    Sanctions Screening
Duties and Responsiblities

Task

95%

Conduct thorough due diligence on potential clients, adhering to regulatory requirements and internal policies.

90%

Analyze and verify customer information, including KYC (Know Your Customer) and AML (Anti-Money Laundering) checks.

85%

Identify and assess potential risks associated with new and existing clients, escalating concerns as needed.

80%

Monitor transactions for suspicious activity and investigate alerts generated by monitoring systems.

75%

Prepare and file Suspicious Activity Reports (SARs) in compliance with regulatory guidelines.

70%

Maintain accurate and up-to-date records of due diligence activities and investigations.

65%

Stay informed about changes in regulations and industry best practices related to CDD and AML.

60%

Collaborate with compliance officers and other stakeholders to enhance CDD processes.

55%

Assist in the development and implementation of CDD training programs for staff.

50%

Review and update customer risk profiles based on ongoing monitoring and due diligence.

Work Activities

95%

Conduct thorough due diligence on potential clients, assessing risk profiles and ensuring compliance with regulatory standards.

92%

Monitor client transactions for suspicious activity, identifying and escalating potential instances of money laundering or fraud.

90%

Evaluate and analyze financial risks associated with clients, providing insights to mitigate potential losses and maintain compliance.

88%

Ensure adherence to all relevant anti-money laundering (AML) and counter-terrorist financing (CTF) regulations and guidelines.

85%

Analyze large datasets to identify patterns, trends, and anomalies that may indicate illicit financial activity.

82%

Investigate alerts and potential cases of financial crime, gathering evidence and preparing detailed reports for further action.

80%

File Suspicious Activity Reports (SARs) with regulatory authorities in a timely and accurate manner.

78%

Perform initial and ongoing screening of clients against sanctions lists, PEP lists, and adverse media databases.

75%

Maintain accurate and up-to-date records of all due diligence activities, investigations, and compliance efforts.

72%

Assist in the development and implementation of AML/CTF policies and procedures to ensure effective risk management.

Detailed Work Profile

Interests