Client Onboarding - Investment Advisors/Funds Group, Associate / AVP

Mizuho Financial group•New York, NY

50d•$50,000 - $125,000•Hybrid

About The Position

Responsibilities: Support direct team manager for all onboarding processes: Manage daily onboarding requests for all divisions of Mizuho End to end onboarding coordination Compose KYC packages and perform due diligence on new clients based on risk rating including FinCen requirements and Enhanced Due Diligence Conduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firm Ability to prioritize onboarding cases to ensure completion prior to deadlines Liaise with Front Office and clients directly Review monthly Americas Legal Compliance Dept. (ALCD) exceptions for new onboarding remediation Adhere to internal audit requirements Recommend and assist in requirements for efficiencies where needed Ability to determine industry codes (for example SIC/Sector Codes) Familiarity with Investment Advisor Public Disclosure and Edgar sites, along with necessary documentation (ie: RIA, QIB, 2111, AML Wolfsberg Questionnaire, Accelerated Onboarding Sheets & 151 Prime Broker Agreements). Ability to understand an Investment Advisor's organization structure, as well as, when full KYC Onboarding is required versus streamlined KYC Onboarding is required. Liaise with internal groups such as Legal, Compliance, Sanctions, Regulatory, Tax and Operations Skills and Competencies: Team player Independent, hardworking and eager to learn Strong attention to detail and analytical skills Good communication skills Appropriate and confidential handling of client data KYC Onboarding background, specific experience in Investment Advisors & Funds a plus Understanding of FINCEN requirements Experience working with Fenergo onboarding platform Knowledge of Dodd-Frank, Margin, 2021 SBS Top Up & Self Disclosure Letter Protocols Prior experience onboarding asset managers and large funds Minimum of 5 years' experience

Requirements

Team player
Independent, hardworking and eager to learn
Strong attention to detail and analytical skills
Good communication skills
Appropriate and confidential handling of client data
Understanding of FINCEN requirements
Experience working with Fenergo onboarding platform
Knowledge of Dodd-Frank, Margin, 2021 SBS Top Up & Self Disclosure Letter Protocols
Prior experience onboarding asset managers and large funds
Minimum of 5 years' experience

Nice To Haves

KYC Onboarding background, specific experience in Investment Advisors & Funds a plus

Responsibilities

Manage daily onboarding requests for all divisions of Mizuho
End to end onboarding coordination
Compose KYC packages and perform due diligence on new clients based on risk rating including FinCen requirements and Enhanced Due Diligence
Conduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firm
Ability to prioritize onboarding cases to ensure completion prior to deadlines
Liaise with Front Office and clients directly
Review monthly Americas Legal Compliance Dept. (ALCD) exceptions for new onboarding remediation
Adhere to internal audit requirements
Recommend and assist in requirements for efficiencies where needed
Ability to determine industry codes (for example SIC/Sector Codes)
Familiarity with Investment Advisor Public Disclosure and Edgar sites, along with necessary documentation (ie: RIA, QIB, 2111, AML Wolfsberg Questionnaire, Accelerated Onboarding Sheets & 151 Prime Broker Agreements).
Ability to understand an Investment Advisor's organization structure, as well as, when full KYC Onboarding is required versus streamlined KYC Onboarding is required.
Liaise with internal groups such as Legal, Compliance, Sanctions, Regulatory, Tax and Operations