Senior Associate, FCC - US - Contractor

CLS-Group•New York, NY

5d•Hybrid

About The Position

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day. Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use. CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market. Our ambition to make a positive difference starts with our people. Our values underpin everything that we do at CLS and define our working environment: Pivotal purpose, Trusted guardian, Targeted innovation, Facilitate connections, Delivering excellence, Inclusive culture.

Requirements

Demonstrated BSA/AML/KYC subject matter expertise.
Prior experience supporting customer onboarding / KYC / periodic reviews for institutional customers.
Prior experience supporting internal audit engagements and remediation efforts.
Understanding of payments and foreign exchange markets.
Ability to manage urgent requests in a timely manner.
Excellent verbal and written communication skills.
Self-starter with the ability to work independently and proactively solve problems.
High level of attention to detail.
Willing and enthusiastic about learning and committed with a desire to succeed.
Bachelor’s/University degree.
Minimum of 3 years professional experience in BSA/AML Compliance in Banking/Financial Services.
Proficiency in Microsoft Office applications (Word, Excel and PowerPoint).

Nice To Haves

Professional qualifications / certifications

Responsibilities

Perform KYC / due diligence, enhanced due diligence, and related research for new and existing customers
Complete the accompanying administration requirements associated with due diligence, such as drafting reports and accompanying notes.
Act in maker / level 1 capacity for customer onboarding application across all CLS Products, responsible for inputting required data, uploading required documents, and performing initial reviews of screening alerts.
Run data and spreadsheet reports as requested based on specific criteria.
Support the enhancement of CLS’s AML & Sanctions framework.
Provide support for internal audit reviews and external regulatory exams aimed at testing the adequacy of BSA/AML and Sanctions program objectives and accompanying controls, policies and procedures.

Benefits

2 paid volunteer days
Generous parental leave policies
Parental transition coaching programmes and support services.
Wellbeing and mental health support resources
Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network)
Hybrid working
Active support of flexible working
Monthly ‘Heads Down Days’ with no meetings across the whole company.
401K match from CLS for US employees.
Private medical insurance and dental coverage.
Social events
Annual flu vaccinations.
Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
Access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.