Keep in mind that your CDD/EDD process needs to be risk based. This process could be simplified depending on the type of lending products, payment methods, or any other restrictions or services linked to these products.
For instance, you could apply CDD to a residential mortgage, you would do a bit more to syndications (considering that you are not the lead bank in the transactions), and obviously you would aply EDD to loans secured by deposits, bonds, stocks, etc...
I would start by gathering as much background as I can about the lending products offered by my bank. I would sit down with loan officers and get their input.
[b]"Common sense is not so common." Voltaire~[u]