Client Onboarding AVP

Social Capital Resources; New York (NY); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Disability insurance

Paid paternity leave

Job summary

A leading investment bank in Midtown, Manhattan is seeking a Client Onboarding AVP for a full-time position. This role requires strong communication skills to onboard clients while ensuring compliance with KYC and AML regulations. The successful candidate will manage operational risks, guide team members, and maintain strong relationships with compliance departments. Ideal for those with banking experience ready to take on a mid-senior level position.

Qualifications

• Experience in onboarding processes with a focus on KYC and AML.
• Strong understanding of financial regulations including OFAC and FATF.
• Ability to work collaboratively and guide a team effectively.

Responsibilities

• On-board new clients and ensure KYC compliance.
• Manage operational risk and provide team guidance.
• Ensure adherence to AML regulations and KYC procedures.

Skills

Strong communication skills

Operational risk management

KYC compliance knowledge

AML regulations knowledge

Leadership and training

Job description

Social Capital Resources provided pay range

This range is provided by Social Capital Resources. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $125,000.00/yr

Top-tier Investment Bank firm in Midtown, Manhattan is seeking a Client Onboarding AVP for a permanent position!

Responsibilities:

• Use strong communication skills (verbal and written) in order to on-board new clients to the bank and perform the necessary due diligence to ensure that potential new clients meet all the current KYC (Know Your Client) and AML (Anti Money Laundering) requirements, including OFAC/World Check Screening; ensure the integrity of the information and documentation is correct and in good form; review and adhere to KYC Policy, Collective Fund & Hedge Fund Policy and AML/OFAC policies and procedures; applying all CIP (Customer Identification Procedure) regulatory requirements to clients and maintaining a working relationship with the business line.
• Perform a pivotal role in the management of operational risk.
• Provide the team with guidance, support and training as needed in order to ensure a high quality standards and productivity.
• Lead in the communication of Know Your Client (KYC) memos to the Client Acceptance Committee.
• Advise team members in the development and implementation of escalation procedures for KYC / AML unresolved items.
• Maintain a working knowledge of AML and OFAC regulations and in order to relate them to Bank policies and procedures.
• Maintain strong working relationship with AML Compliance with an emphasis placed on the onboarding and review of high and medium-high risk clients.
• Ensure the proper application of KYC principals (including FATF EU 3rd AML Directive, US Patriot Act, and FINRA) into strong quality assurance controls.
• Ensure team’s adherence to the global and local requirements of client on boarding.
• Guide the KYC team in addressing data requests from internal & external auditors.

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Finance

Industries

Financial Services and Banking

Benefits

• Medical insurance
• Vision insurance
• 401(k)
• Paid maternity leave
• Disability insurance
• Paid paternity leave