at Mizuho
Investment BankingPosted 2 days ago
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**KYC / Client Onboarding Associate (Institutional Clients)** Support Institutional Onboarding pod's direct team manager, partnering with cross-functional teams (Sales, Credit, Compliance, Legal, Operations) to efficiently onboard new clients, complying with AML and regulatory requirements. Key responsibilities include composing KYC packages, performing due diligence, reviewing regulatory information, and liaising with front office and clients. Requires Series 99, prior KYC onboarding experience, strong regulatory and product knowledge, and excellent communication skills. Experience working with front office and handling confidential client information is essential.
- Compensation
- $65,000 – $90,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Job Summary
Support the direct team manager on all onboarding processes as part of the Institutional Onboarding pod. This role partners closely with Sales, Clients, Credit, Compliance, Legal, and Regulatory Operations to onboard new institutional clients efficiently and in accordance with AML and regulatory requirements.
Key Responsibilities
- 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
- Review DoddFrank regulatory information and determine sufficiency based on regulatory requirements
- Evaluate Investment Advisor organizational structures and determine full vs. streamlined KYC onboarding requirements
- Ensure client packages adhere to internal audit standards and global policies
- Liaise directly with Front Office and clients to collect and assess required AML and regulatory documentation
- Partner with Legal, Compliance, Sanctions, Regulatory, Tax, and Operations to ensure timely account opening
- Identify and recommend process efficiencies
- Prioritize onboarding cases to meet deadlines
- Determine industry codes (e.g., SIC/Sector Codes)
- Resolve daytoday onboarding issues and escalate as required
- Maintain ownership of onboarding experience and client satisfaction
- Demonstrate strong awareness of business risk and accountability for issues
Required Qualifications & Skills
- Series 99
- Prior KYC onboarding experience
- Strong regulatory and product knowledge
- Highly organized, detailoriented, and resultsdriven
- Strong project management and multitasking skills
- Ability to work independently in a fastpaced environment
- Teamoriented with a clientfirst mindset
- Strong judgment and problemsolving skills
- Excellent written and verbal communication skills
- Experience working with Front Office
- Ability to handle confidential client information appropriately
- Bachelors degree
The expected base salary ranges from $ 65,000 - $90,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Other requirements
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.
Company Overview
Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.
Mizuho Americas offers a competitive total rewards package.
We are an EEO/AA Employer - M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.
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