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Aml Edd Analyst Jobs in Silver Spring, MD (NOW HIRING)

CFG Bank

AML Analyst, Cannabis

Baltimore, MD · On-site

$68K - $77K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The AML Analyst - Cannabis Banking is responsible for the day to day oversight, monitoring, and ... Conduct initial and ongoing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for ...

All JobsAml Edd Analyst JobsAml Edd Analyst Jobs in Silver Spring, MD

Aml Edd Analyst information

See Silver Spring, MD salary details

$17

$32

$49

How much do aml edd analyst jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for aml edd analyst in Silver Spring, MD is $32.60, according to ZipRecruiter salary data. Most workers in this role earn between $26.11 and $37.02 per hour, depending on experience, location, and employer.

What is an AML EDD analyst?

AML EDD Analysts are professionals who specialize in Anti-Money Laundering (AML) and Enhanced Due Diligence (EDD) processes within financial institutions. They are responsible for investigating and analyzing customer profiles, transactions, and behaviors to detect and prevent financial crimes such as money laundering and terrorist financing. Their work involves reviewing high-risk accounts, conducting in-depth research, and ensuring compliance with regulatory requirements. AML EDD Analysts play a crucial role in maintaining the integrity of the financial system by identifying suspicious activities and recommending actions to mitigate risks.

What are the key skills and qualifications needed to thrive as an AML EDD analyst?

To thrive as an AML EDD Analyst, you need a solid understanding of anti-money laundering regulations, risk assessment, and investigative procedures, often supported by a degree in finance, law, or a related field. Familiarity with AML software, transaction monitoring systems, and certifications such as CAMS are commonly required. Analytical thinking, attention to detail, and strong written communication skills are crucial for effectively identifying and documenting suspicious activity. These competencies are vital for ensuring regulatory compliance and protecting financial institutions from financial crime risks.

What are some common challenges faced by AML EDD analysts in conducting enhanced due diligence investigations?

AML EDD Analysts often encounter challenges such as obtaining sufficient information on high-risk clients, especially when dealing with complex ownership structures, international entities, or jurisdictions with limited transparency. They must also balance thorough investigation with tight deadlines, ensuring that all regulatory requirements are met without causing unnecessary delays. Collaboration with compliance officers, relationship managers, and external data providers is essential to gather relevant data and resolve ambiguities. Staying updated on evolving regulatory expectations and typologies of financial crime is also key to effective performance in this role.

What is the difference between Aml Edd Analyst vs Aml Compliance Officer?

AspectAml Edd AnalystAml Compliance Officer
Primary RoleConducts enhanced due diligence on high-risk clients and transactionsOversees overall AML compliance program and policies
Required CredentialsAML certifications, compliance trainingAML certifications, compliance management experience
Work EnvironmentInvestigative, data analysis, reportingPolicy development, compliance oversight, audits
Industry UsageFinancial institutions, banks, fintechsFinancial institutions, regulatory agencies

The Aml Edd Analyst focuses on performing detailed investigations and enhanced due diligence for high-risk clients, while the Aml Compliance Officer manages the overall AML compliance program, ensuring policies and regulations are followed. Both roles require AML certifications and are vital in financial industry compliance, but they differ in scope and responsibilities.

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Aml Edd Analyst jobs near you
Infographic showing various Aml Edd Analyst job openings in Silver Spring, MD as of August 2026, with employment types broken down into 82% Full Time, 12% Part Time, and 6% Contract. Highlights an 79% Physical, 10% Hybrid, and 11% Remote job distribution, with an average salary of $67,804 per year, or $32.6 per hour.

AML Analyst, Cannabis

CFG Bank

Baltimore, MD • On-site

$68K - $77K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Job description

CFG Bank, headquartered in Baltimore, Maryland, serves the national healthcare and multifamily markets and the Mid-Atlantic region. As the sixth-largest bank in the Baltimore area by deposits and the largest bank headquartered in Baltimore, CFG has grown from $1 billion in assets in 2019 to more than $6 billion today. With over 30 years of industry expertise and a position among the nation’s leading healthcare bridge-to-HUD lenders, we combine the capabilities of a large financial institution with the agility, service, and entrepreneurial spirit of a boutique bank. Recognized by the Baltimore Business Journal as a Best Place to Work, we are committed to creating an environment where employees can grow, make an impact, and build rewarding careers.

POSITION SUMMARY:

The AML Analyst – Cannabis Banking is responsible for the day to day oversight, monitoring, and risk management of cannabis related customers and activity in compliance with the Bank Secrecy Act (BSA), Anti Money Laundering (AML), and Counter Terrorist Financing (CFT) regulatory requirements, as well as the Bank’s Cannabis Banking Policy. This position serves as a subject matter expert on cannabis related risks, including licensing requirements, ownership structures, transaction patterns, and regulatory expectations. The role supports examiner ready documentation, enhanced due diligence, transaction monitoring, and suspicious activity reporting for cannabis and cannabis related businesses.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Conduct initial and ongoing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for cannabisrelated customers, including direct (planttouching) and indirect cannabisrelated businesses.
  • Review licensing, beneficial ownership, regulatory standing, transaction activity, cash flow, and consistency with the customer’s stated business purpose and risk profile on an ongoing basis.
  • Maintain complete, accurate, and welldocumented customer files that support regulatory, audit, and examination review.
  • Review automated transaction monitoring alerts and internal referrals related to cannabis customers using the Bank’s AML monitoring systems.
  • Investigate unusual or potentially suspicious activity, with heightened focus on cash activity, rapid movement of funds, commingling, thirdparty payments, structuring, and other cannabisrelated risk indicators, and document findings in a clear and defensible manner.
  • Escalate identified risks, trends, or concerns to the BSA Officer or manager, as appropriate.
  • Prepare timely, complete, and accurate Suspicious Activity Reports (SARs), including clear narratives that reflect a thorough understanding of cannabisspecific risks and regulatory expectations.
  • Maintain supporting documentation and investigative workpapers sufficient to demonstrate compliance during regulatory examinations.
  • Support cannabisspecific BSA/AML risk assessments, including identification of inherent risks, mitigating controls, and residual risk.
  • Assist in the development, review, and maintenance of cannabis banking policies, procedures, and internal controls.
  • Participate in regulatory examinations, audits, and independent testing by providing requested documentation, explanations of controls, and responses related to the cannabis banking program.
  • Serve as an internal resource for cannabis related AML/CFT questions from frontline staff, operations, lending, and other compliance personnel.
  • Assist with the development and delivery of cannabis specific BSA/AML training to ensure staff understand unique risks, red flags, and regulatory expectations.
  • Support broader BSA/AML reviews, investigations, and related compliance activities as needed based on team priorities and business needs.
    • QUALIFICATIONS AND REQUIREMENTS:
  • Bachelor’s degree or equivalent experience, plus 35 years of BSA/AML experience within a financial institution, including CDD/EDD, transaction monitoring, and SAR investigations.
  • Strong understanding of cannabisrelated AML risks, including cashintensive businesses and complex ownership structures.
  • Prior experience supporting a cannabis banking program at a regulated financial institution preferred.
  • Professional certification such as CAMS, CFE, or similar AML/compliance designation preferred.
  • Experience supporting regulatory examinations conducted by federal or state banking regulators preferred.
  • Familiarity with GreenCheck and/or Verafin preferred.
  • In depth knowledge of BSA/AML/CFT regulatory requirements and examiner expectations preferred.

    • WORK ENVIRONMENT: We offer a hybrid schedule, with 4 days in-office and 1 day remote after the initial 90-day period.

    COMPENSATION DISCLOSURE:

    In accordance with Maryland's Equal Pay for Equal Work Act, we are committed to providing transparent wage information for all posted job opportunities. The salary range for this position is $68,000 to $77,000 per year. Compensation is determined based on factors such as Experience, Qualifications, and Internal equity.

    BENEFITS AND ADDITIONAL COMPENSATION:

    Additionally, this position includes a comprehensive benefits package and other forms of compensation, including:

  • Employerprovided health benefits: medical insurance, dental and vision insurance, disability insurance, life insurance, mental health support services, and wellness program
  • Paid time off: vacation days, sick leave, volunteer days
  • Retirement plan: 401(k) with employer match
  • Other compensation elements: Discretionary annual bonus and overtime pay for nonexempt positions

    • EOE STATEMENT: CFG Bank is an Equal Opportunity Employer as to all protected groups, including protected veterans and individuals with disabilities. If you require accommodations during the application process, please contact TalentAcquisition@cfg.bank.

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