Industry Risk Associate
About The Position
Join the team of motivated, detail-oriented professionals eager to make an impact. This role offers an excellent opportunity to gain valuable experience in industry risk, controls, data analytics, and cross-functional initiatives within a collaborative and fast-paced environment. You will be involved in the comprehensive specialized due diligence of prospective clients across Commercial & Investment Banking contributing to our mission of maintaining the highest standards of compliance and risk management. As an Associate within our Industry Risk team, you will support Bankers and Know Your Customer (KYC) Officers by providing subject matter expertise regarding anti-money laundering (AML) risks presented by specific High-Risk Industries (Money Service Businesses (MSBs), FinTechs, Casino/Gaming, and Virtual Asset Service Providers (VASPs). You will identify opportunities to partner with colleagues to develop new control capabilities or enhance existing control programs to mitigate risk.
Requirements
- High degree of initiative, self-direction, and ability to work well under pressure.
- Ability to soundly execute quantitative and qualitative analysis and draw salient conclusions
- Excellent verbal and written communication skills
- Ability to present information in a concise and effective manner
- Strong interactive personal skills and ability to influence others for positive results
- Strong organizational skills both personally and across working team to meet deadlines in a fast-paced environment
- Some travel required (less than 25%) to support various client coverage teams
- Excellent attention to detail
- Proficient in Microsoft Word, Excel, Power Point Pitch Pro
Nice To Haves
- Bachelor's Degree or equivalent
- Comprehensive knowledge of various client entity types, such as corporations, banks, and investment managers, along with their managed funds.
- Knowledge of data analytics, intelligent solutions, and AI is beneficial
- Experienced in providing innovative and proactive solutions
- CAMS certification or other financial crimes certification is a plus
- Strong client focus and ability to partner with various internal groups and client coverage
Responsibilities
- Assist the Industry Risk Manager in conducting Specialized Due Diligence and AML due diligence discussions by documenting the conversations and compiling comprehensive information for call reports
- Ensure KYC/AML deliverables are met and hold partners accountable
- Proactive management of all KYC/AML and escalation activities to meet qualitative and timeliness requirements
- Proactive identification, escalation and ownership of risk controls
- Support the management of client due diligence renewal cycle in partnership with Relationship Management, and other KYC Officers
- Manage incoming requests and ensure Industry Risk Manager coverage
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Credit Intermediation and Related Activities
Number of Employees
5,001-10,000 employees
