Client Onboarding - Investment Advisors/Funds Group - Associate
$77,000–$105,000 year
HybridManhattan, New York, United States
Job Summary
Manage daily onboarding requests for all divisions of Mizuho End to end onboarding coordination. Compose KYC packages and perform due diligence on new clients based on risk rating, including FinCen requirements and Enhanced Due Diligence. Conduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firm. Liaise with Front Office and clients directly while adhering to internal audit requirements. Assist in determining industry codes and understand an Investment Advisor's organization structure to distinguish between full and streamlined KYC Onboarding. Prioritize onboarding cases to ensure completion prior to deadlines.
Required Qualifications
- Bachelor's degree or equivalent
- Strong attention to detail and analytical skills
- Appropriate and confidential handling of client data
- Excellent communication skills
- Ability to effectively manage and report on progress of requests
- Ability to prioritize onboarding cases to ensure completion prior to deadlines
- Ability to determine industry codes (for example SIC/Sector Codes)
- Familiarity with Investment Advisor Public Disclosure and Edgar sites, along with necessary documentation (ie: RIA, QIB, 2111, AML Wolfsberg Questionnaire, Accelerated Onboarding Sheets & 151 Prime Broker Agreements)
- Ability to understand an Investment Advisor's organization structure, as well as, when full KYC Onboarding is required versus streamlined KYC Onboarding is required
- Liaise with internal groups such as Legal, Compliance, Sanctions, Regulatory, Tax and Operations
- Ability to perform due diligence on new clients based on risk rating including FinCen requirements and Enhanced Due Diligence
- Conduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firm
- Adhere to internal audit requirements
- Recommend and assist in requirements for efficiencies where needed
- Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations
- Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process
- We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.