Title: KYC Analyst
Location: NY, NY (Hybrid)
Duration: 4+ month contract
Compensation: $35-40/HR W2
Work Requirements: US Citizen, GC Holders or Authorized to Work in the US
Qualified candidates may send a copy of their resume to Michelle Nicolaus at mnicolaus@inspyrsolutions.com.
Job Description:
-Prepare emails for client outreach for customer KYC profiles in accordance with established SLA timeframes and KYC procedures.
-Follow guidance and instructions from designated GCIB Account Management team members on client outreach process, resolution of KYC issues and execution of other tasks, including but not limited to periodic and ad hoc KYC reassessments, new onboardings, FinCEN triggers, deactivations, exits, reactivations, trigger assessment/reviews.
-100% of the cases assumed will require Client outreach. Take guidance on client and RM engagement approach from designated GCIB Account Management team members.
-Review any RFIs prepared by OBU Team using the approved procedures to further refine and prepare the list of outstanding items
-Analyze existing documents on file or maintained by and combine with research conducted via 3rd party tools and regulator websites (e.g. SEC, others) to enrich & plug any gaps in customer profile. Prepare & pre-fill KYC forms, cross-reference and validate information/relationship between various related parties (e.g. the individual fund and investment
advisor for Funds, the sponsor and SPV for non-operating asset holdings companies, parent, and subsidiary corporate relationships, etc.) and subsequently prepare client outreach.
-Meet SLAs as prescribed by designated GCIB Account Management team members.
-Provide daily updates to GCIB Account Management team on status of deliverables.
-Respond to RFIs and questions received from OBU/QC/EDD/AML/Compliance/back-office/tax/FLODCO/Complex Investigations/Screening teams and/or provide documentation and handover coversheets to enable processing of data requirements into KYC systems.
-Be well versed in KYC procedures of to understand what additional documentation asks need to be made to clients under what risk factor scenarios.
-Provide responses to follow-up questions from clients and work with RMs/Marketing officers/product partners/Account Management teams to complete the RFI process.
-Resolve issues raised by various stakeholder teams including compliance (e.g. Global Sanctions team, AML Advisory, FI Enhanced Due Diligence, CIU, etc.) and others (e.g. OBU/QC, adverse media screening, etc.) and obtain clarity/feedback from clients/RMs/MOs/Account Management on these issues as applicable to move the KYC review forward.
-Escalate any sensitivities/concerns from clients to GCIB Account Management team to provide guidance on best approach
-As needed, work collaboratively with identified stakeholders to triage and remediate issues identified during execution of KYC procedures.
-Take any required LEAP and other mandatory trainings as per policy and within deadlines
Qualifications:
Bachelor’s degree in Business, Finance, Economics or equivalent work experience
Prior KYC experience of working with Corporate Banking clients preferred
Ability to work in a fast paced culture and deadline driven environment
Awareness & understanding of Know Your Customer (KYC) due diligence procedures
Understanding of Final CDD Rule
Understanding of rules involving BSA/AML, OFAC & Sanctions
Exhibit culture of strong risk principles
Our benefits package includes:
- Comprehensive medical benefits
- Competitive pay, 401(k)
- Retirement plan
- …and much more!
About INSPYR Solutions:
As a leading information technology partner, we connect top IT talent with our clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. We understand and value the unique needs of highly-skilled information technology professionals in the industry and always strive to stay above the curve. Our company was founded on the following core values: Be the Best, Understand the Urgency, Never Ever Give Up, Have the Courage to Excel, and Make a Contribution. We take pride in our business model and strive to create a positive workplace environment through an exemplary culture.
INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
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