Senior Associate, Anti- Financial Crime and KYC

Bain Capital•Boston, MA

About The Position

The Compliance team is seeking a Senior Associate to join our team to focus on Anti-Financial Crime (AFC), including Anti-Money Laundering (AML), sanctions, and Know Your Customer (KYC) processes. This role will support the firm’s global compliance framework by coordinating due diligence and ongoing monitoring of investors, counterparties, and transactions, ensuring adherence to applicable AFC/KYC regulatory requirements and internal policies. This position will sit within the business advisory compliance team of the firm’s Compliance Department, reporting into the team led by the Head of Compliance, Investor Relations/Broker-Dealer.

Requirements

2 to 4 years of relevant experience in AML/KYC, anti-financial crime, or financial crime compliance
Working knowledge of global AFC/AML laws and regulations applicable to investment advisers and broker-dealers, including the Bank Secrecy Act
Strong understanding of global sanctions frameworks (e.g. OFAC, EU, UK HMT, etc.)
Familiarity with risk-based approach to conducting KYC and Customer Due Diligence
Ability to analyze and assess risk and exercise sound judgment
Bachelor’s degree, preferably with legal studies, finance, or similar business concentration, and with a strong GPA
Dedicated team player with a strong sense of ownership and problem-solving skills
Capacity to handle highly confidential and sensitive information
Detail oriented, conscientious and energetic professional with the ability to think creatively and independently
Excellent organizational skills; ability to prioritize and manage multiple projects
High attention to detail, accuracy, and precision
Strong interpersonal skills; capacity to coordinate and interact with internal/external parties across multiple levels
Strong verbal and written communication skills
High level of integrity and discretion

Nice To Haves

Relevant professional certification (e.g., CAMS) a plus

Responsibilities

Help with the design and implementation of the firm’s AFC and KYC program, with a specific focus on counterparties, portfolio companies, and investments
Assist in maintaining and updating AFC/KYC policies and procedures
Partner with Legal, Operations, Deal Team and external counsel to facilitate KYC on investors, counterparties, portfolio companies, and other relevant parties
Collaborate with global Compliance and Legal teams on AFC and KYC related matters
Review and analyze complex ownership structures to identify ultimate beneficial owners
Provide guidance to internal stakeholders on KYC requirements and risk considerations
Conduct sanctions and adverse media screening and analyze potential matches
Help manage and maintain systems used across AFC/KYC program
Support ongoing monitoring activities
Escalate suspicious or high-risk matters appropriately and support internal investigations as needed
Monitor applicable regulatory developments and support implementation of new requirements
Ensure related documentation meets regulatory and internal policy requirements and is effectively organized for reference