Client Onboarding Investment Advisors/Funds Group, AVP

Mizuho Americas Services • New York, NY

127d • $82,000 - $125,000 • Hybrid

About The Position

Mizuho Financial Group, Inc. is seeking a candidate to support the direct team manager for all onboarding processes. This role involves managing daily onboarding requests for all divisions of Mizuho, coordinating end-to-end onboarding, composing KYC packages, and performing due diligence on new clients based on risk rating, including FinCEN requirements and Enhanced Due Diligence. The candidate will conduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firm. The ability to prioritize onboarding cases to ensure completion prior to deadlines is essential. The role also requires liaising with the Front Office and clients directly, reviewing monthly Americas Legal Compliance Dept. (ALCD) exceptions for new onboarding remediation, adhering to internal audit requirements, and recommending efficiencies where needed. Familiarity with various documentation and understanding of an Investment Advisor's organization structure is crucial for determining the appropriate KYC onboarding process.

Requirements

• Minimum of 5 years' experience in KYC onboarding, specifically with Investment Advisors & Funds
• 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

Nice To Haves

• KYC Onboarding background
• Specific experience in Investment Advisors & Funds

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
• 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
• Determine industry codes (for example SIC/Sector Codes)
• Familiarity with Investment Advisor Public Disclosure and Edgar sites, along with necessary documentation
• 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

Benefits

• Medical insurance
• Dental insurance
• 401K plans
• Discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree