Client Onboarding Specialist

Our client, a Global Investment Bank, is seeking a Client Onboarding Specialist:

Key Responsibilities:

• Conduct comprehensive KYC reviews for new and existing clients, ensuring adherence to compliance standards.
• Analyze client data, manage onboarding documentation, and verify accuracy to ensure compliance with AML, FinCEN, and FFIEC guidelines.
• Perform enhanced due diligence on high-risk clients, including Politically Exposed Persons (PEPs) and clients with complex structures.
• Collaborate with internal stakeholders, including Risk Advisors and Compliance Teams, to support client onboarding and ensure regulatory compliance.
• Monitor and escalate potential red flags such as fraud, identity theft, or suspicious activities.
• Communicate effectively with clients to gather necessary information and manage their expectations throughout the onboarding process.
• Maintain up-to-date knowledge of financial services regulations, including the Bank Secrecy Act (BSA) and OFAC sanctions.
• Provide ongoing support to internal teams by reviewing and updating KYC and Client Due Diligence (CDD) files.

Areas of Expertise:

• KYC, AML, and CDD/EDD
• Transaction monitoring and fraud investigations
• Compliance with US Patriot Act, FATF 40+9, and other global regulatory standards
• Client account creation and data management
• Strong communication, teamwork, and client service skills

Qualifications:

• Solid background in financial services with experience in KYC and AML processes.
• Familiarity with regulatory bodies and financial compliance regulations.
• Proficiency in onboarding systems such as LexisNexis, Accurint, Metavante, and Microsoft Office.
• Strong attention to detail and ability to work in a fast-paced, dynamic environment.