AML Onboarding Associate

Clear Street•Tampa, FL

4d•Hybrid

About The Position

Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency. By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

Requirements

Bachelor’s Degree or equivalent.
2-5 years of experience in client onboarding for a retail broker-dealer
Familiarity with KYC, CIP and CDD rules.
Experience with onboarding platforms and screening tools (World Check, CLEAR)
Strong attention to detail and ability to analyze customer information and documentation.
Ability to identify issues and design effective solutions to address them.
Excellent verbal and written communication skills.
Self-starter and team player who is comfortable working in a fast-paced environment.

Responsibilities

Gather and analyze information collected at account onboarding in accordance with the Firm’s Customer Identification Program (CIP) and Customer Due Diligence (CDD) Program requirements and assess customer risk.
Review and validate customer identification documents (e.g. government-issued IDs, formation documents, beneficial ownership records)
Research and address AML questions from the Active Division onboarding team.
Resolve identity verification exceptions and escalate red flags appropriately.
Ensure timely and accurate documentation of CIP / CDD results within the Firm’s books and records.
Conduct CDD reviews, including customer risk assessments based on business type, geography, products, services and expected activity.
Perform periodic and event-driven CDD refreshes in accordance with regulatory and internal requirements.
Identify high risk customers and escalate cases that required Enhanced Due Diligence (EDD).
Review and disposition of ongoing monitoring alerts including sanctions, PEP and adverse media alerts.