KYC/Client Onboarding

Client: Client•New York, NY

About The Position

This role involves obtaining and verifying client data attributes using authorized validation sources, ensuring client data is up-to-date and correct per policy guidelines. The position requires input and maintenance of regulatory identifiers, performing process analysis, and providing inputs for change initiatives. It also includes involvement in the identification and management of process improvement projects, data analysis, and report creation related to process volumes, risk, and quality. The role entails collecting and checking client documentation for the CIP process and ongoing client documentation refresh, following up on issues with functional stakeholders, and liaising with various Business Units to obtain necessary Anti-Money Laundering (AML) documents and explain requirements. Tasks are to be carried out in accordance with supervisor instructions.

Requirements

Solid knowledge of KYC and AML Compliance policies and how they are applied in a U.S. banking environment
Strong understanding of the Client Onboarding Process and documentation/information specific to KYC/AML and the various different types of entities
Knowledge and understanding of the various financial products offered across business lines
Good communication skills
Take responsibility for assigned work tasks
Adhere to the assigned timeframe
Be available to answer questions and queries from local and remote team members and users in a timely fashion
Behave in an honest and ethical manner in accordance with the Code of Conduct and the Employee Handbook
Understand and adhere to the organization's values
Be a team player
Be accurate and pay attention to details
Escalate issues and risks to the supervisor in a timely fashion
Be able to effectively and actively ensure upward, downward peer communication of information and issues and risks
Be able to deal easily with multiple issues and tasks under pressure
Acquire necessary business knowledge to complete the task
Have proficient Excel and PowerPoint skills
Requires 2-5 years prior experience

Responsibilities

Obtain and verify client data attributes using authorized validation sources
Ensure client data is up-to-date and correct per policy guidelines
Input and maintenance of regulatory identifiers
Perform process analysis and provide inputs for change initiatives
Involvement in the identification and management of process improvement projects
Data analysis and report creation in relation to process volumes, risk and quality
Collect and check client documentation for CIP process and ongoing client documentation refresh
Follow up on issues with functional stakeholders
Liaise with the various Business Units to obtain the necessary Anti-Money Laundering and documents and explain the requirements where necessary
Carry out tasks related to the job in accordance with the instructions of the supervisor