Sr. Associate, Investment KYC

Description

Primary functions and responsibilities

The Senior Associate will play a critical role in execution and supervision of the KYC process in line with FCP Program requirements, inclusive of jurisdictional requirements and third-party fund administrator guidelines. They will be primarily responsible for review and analysis of documentation, screening results, and other information obtained regarding the investor’s structure, business activities, source of wealth and funds, and other risk factors to perform a comprehensive risk assessment of the investor and relevant jurisdictional requirements.

Specific responsibilities will include but are not limited to:

Directly liaise with investors, investment professionals, portfolio company representatives, internal deal counsel, external counsel, fund administrators and Ares internal constituents to ensure all relevant onboarding documentation and required information is obtained in accordance with the FCP Program. Engage with internal business partners and external fund counsel to provide accurate and timely investor KYC status for fund closings. Develop, maintain and execute consistent KYC reporting metrics. Develop and maintain procedures, documentation and recordkeeping systems for KYC and provide guidance for implementation through collaboration with internal business partners within Business Operations. Collaborate on the development and enhancement of technology-based solutions relating to KYC, including a document repository and screening alerts. Aid in the review/update of the design of the risk assessment framework to support all customer interactions. Contribute to the improvement of tools to monitor, analyze, and report suspicious activity. Maintain and update the FCP Program policies and procedures, in compliance with the respective legal, licensing, and regulatory obligations. Identify and inform of any changes to legislation and other regulatory requirements relating to the FCP Program. Assist with identifying any high-risk situations and work with FCP leadership to address. Coordinate and support projects to bring increased organization and efficiencies to the FCP Program. Train new joiners in relevant processes, assist in cross-training as needed. Support and assist with special projects and ad hoc requests/tasks as required.
 

qualifications

Education :

Bachelor’s Degree is required, preferably from a top university with strong academic achievements.

Experience Required:

5-8 years of relevant financial services compliance experience; previous financial crime prevention responsibilities/experience would be a plus. Knowledge of global asset management, legal and regulatory compliance, risk management, and industry policy best practices. Strong understanding of Anti-Money Laundering and KYC documentation requirements in accordance with relevant legislation and regulations in the United States; international exposure would be considered a plus. Knowledge of complex corporate entity types, and the formation, constitutional, management/control and ownership documents of each and the information contained within them. Familiarity with SEC, FCA, CSSF and CIMA regulatory reviews and interpretation of regulations. Strong understanding of the investment adviser industry, and U.S. and global securities laws, including the Investment Advisers Act. Demonstrated history of client relationship management via direct client contact. Experience with direct investor/client communication and partnership. Proficient in Microsoft Office Suite (Word, Excel, Visio, Project, PowerPoint).

General Requirements:

Strong sense of ownership and accountability; diligent and dependable work ethic. High level of accuracy and extremely detail oriented. Ability to multi-task, prioritize and meet deadlines in a result-oriented environment. Effective written and verbal communication skills along with excellent client-service orientation; being responsive and dependable. Ability to proactively identify and logically analyze problem situations to develop an effective course of action for resolution. Show sound judgement to determine when to escalate issues and communicate effectively with relevant stakeholders. Exceptional organizational skills and ability to work under pressure. Adept at working independently and navigating fast paced high volume environment. Ability to be flexible in terms of working hours to coordinate with team members and global teams across time zones. Comfort in dealing with ambiguity and uncertainty in a dynamic environment. An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes including continuous improvement however not limited to operational efficiency. Dependable, highly self-motivated team player; fosters team collaboration and an inclusive culture. Ability to handle confidential information appropriately with a high level of integrity. Ability to mentor and guide junior team members and foster a culture of learning and accountability.

Reporting Relationships

Vice President, Compliance

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

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