Business Selection & Client Onboarding, Business Management, Associate - New York

ilani•New York, NY

42d•$100,000 - $110,000

About The Position

We are passionate about our business and our culture, and are seeking individuals with that same drive. The Associate position in the Business Selection and Client Onboarding team assists senior team members in reviewing and approving investment banking transactions in relation to conflicts of interest and Anti Money Laundering and Know Your Client (AML/KYC) requirements. Since all investment banking transactions must be analyzed by this team before they are accepted by the firm, this team works in a demanding and time sensitive environment. This is a Business Management position requiring heavy interaction with banking teams and Legal & Compliance.

Requirements

3+ years of AML/KYC experience preferably in an investment bank or corporate advisory firm
Established knowledge and understanding of M&A, restructuring and/or capital markets concepts
Ability to analyze complex situations on compressed timetables
Excellent verbal and written communication skills and ability to effectively interact with clients and colleagues at all levels of experience and seniority
Willingness to work with fellow team members to complete large scale, time sensitive projects
Resourcefulness; ability to think creatively to solve problems and anticipate potential questions or issues
Effective time management and prioritization; strong multi-tasking abilities
Excellent judgment in handling sensitive and confidential information
Attention to detail and high standard for quality work product
Ability to quickly and efficiently navigate information systems
Strong interest in and willingness to learn complex regulatory systems and rules
Strong intellectual curiosity and willingness to seek guidance from senior team members and team manager
Bachelor’s degree

Responsibilities

Assists with the firm’s conflict clearance process escalating any potential relevant issues identified during the review process to senior team members
Assists senior team members in large scale conflicts and disclosure projects
Works within a team that will evaluate a variety of corporate finance transactions (M&A, restructuring, capital markets) for conflicts of interest, including:
Conducting conflict checks by searching various databases, and analyzing hits with a view to identifying potential legal, regulatory, compliance and/or reputational risks
Working with the business and Legal & Compliance to resolve identified risks in a timely and efficient manner
Conferring with senior team members in the escalation of complex conflicts issues
Participates in the firm’s client onboarding process, interacting frequently with junior investment bankers to obtain required KYC information and related documentation
Assists senior team members in coordinating all activities associated with client set-up and ensure related regulatory requirements are met, including:
Assisting in the completion, submission and review of KYC forms by bankers
Assisting in the identification of regulatory and reputational risks and escalation of such risks to team manager
Working with senior team members, clients, the business and Legal & Compliance to resolve identified risks in a timely and efficient manner
Monitoring client activities and investigating suspicious activity where applicable