Institutional Client Onboarding Specialist
2 weeks ago
About Genpact
We are a global technology and services company dedicated to delivering digital transformation for our clients. With over 90,000 passionate professionals, we harness the power of technology and human ingenuity to create meaningful innovation that improves the lives of millions of people around the world.
Job Summary
We are seeking an experienced Institutional Client Onboarding Specialist to join our team in this key role. As an Institutional Client Onboarding Specialist, you will be responsible for conducting periodic Know Your Customer (KYC) refreshes for institutional clients of a leading global investment bank. This includes reviewing KYC documentation, conducting open-source searches, and performing due diligence on documents according to business, entity, and product matrices.
About the Role
- Review institutional entities such as private corporations, mutual funds, hedge funds, broker/dealers, regulated investment managers, and collective investment schemes for all KYC/CDD documentation.
- Conduct open-source searches to find substantial KYC data/documents as per entity type, risk, and country-specific standards.
- Perform due diligence on documents according to business, entity, and product matrices, including non-documentary verification.
- Review beneficial ownership and key controllers according to policy and screen for sanctions and adverse media.
- Capture information and documents from internal systems/teams as per established norms of the bank to complete the KYC documentation per policy.
- Initiate and coordinate client outreach to fetch client documentations.
- Build a 'gap' assessment letter to summarize all missing documentation of institutional clients for further resolution.
- Conduct false positive analysis on matches identified for counterparties alerted during watch list, sanctions, and adverse media screening.
- Mitigate or call out true hits for AML adverse concerns and liaise for further action.
- Post-documentation receipt, assess the status of KYC refresh as per the 'gap' letter and coordinate for missing documents.
- Closing interaction with customers/business as an SME in the area of AML/Compliance.
- Adhere to critical metrics and business SLAs is mandatory.
- Responsible for preparing and reporting out their own SLAs.
Qualifications
- University graduate in any subject area.
- Sound business communication (in English) is a must have.
- CAMS certified will be preferred.
- Good experience in MS-Office applications like Excel, Word, PowerPoint, Outlook etc.
- Experience on tools like World Check, Banker's Almanac, Actimize, RDC, Lexis Nexis, Dow Jones, and regulatory databases such as SEC Edgar search, Form ADV, FINRA, Company House, and other local regulators and company registries.
- Exposure to AML with institutional clients/investment banking and products.
What We Offer
Salary: $80,000 - $120,000 per annum
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