For this 6 month contract, the consultant will be responsible for coordinating the full on-boarding from end to end for new clients. The consultant will perform OFAC and negative neews screening, along with complying with all bank policies and procedures.
Client Details
Our client is one of Japan's largest and most prominent financial institution located in Midtown NYC, providing a wide range of banking and financial services to individuals, businesses, and institutional clients. The bank plays a significant role in Japan's banking sector and has an international presence, serving customers globally.
Description
- Assist the direct team manager with all onboarding activities.
- Oversee dailyonboarding requests across all the clients divisions.
- Coordinate the full onboarding process from start to finish.
- Prepare KYC packages and conduct due diligence on new clients, ensuring compliance with risk ratings, FinCen guidelines, and Enhanced Due Diligence (EDD) protocols.
- Perform OFAC and Negative News screening on clients and associated parties to identify and evaluate any potential risks to the organization.
- Effectively prioritize onboarding cases to ensure timely completion and adherence to deadlines.
- Collaborate directly with Front Office teams and clients.
- Comply with internal audit requirements and standards.
- Identify and recommend process improvements to enhance efficiency.
- Determine appropriate industry codes (e.g., SIC/Sector Codes).
- Familiar with Investment Advisor Public Disclosure and EDGAR databases, as well as essential documentation (e.g., RIA, QIB, 2111 forms, AML Wolfsberg Questionnaire, Accelerated Onboarding Sheets, and 151 Prime Broker Agreements).
- Possess knowledge of hedge funds, private equity funds, SPVs, CLOs, and mutual funds.
- Understand the organizational structure of Investment Advisors and determine when full KYC onboarding is necessary versus when a streamlined process is sufficient.
- Work closely with internal teams such as Legal, Compliance, Sanctions, Regulatory, Tax, and Operations.
Profile
- Bachelor's degree or higher
- 3-5 years of financial services experience
- End-to-end client onboarding experience
- Strong attention to detail and analytical skills. Appropriate and confidential handling of client data.
- Excellent communication skills
- Available for work and can come into NYC 2 days a week
Job Offer
Our client is offering a competitive hourly rate and the ability to work with a large Japanese client on a long term basis. If you are interested and available, please directly apply through this link.
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