Client Onboarding - Investment Advisors/Funds Group - AVP

Mizuho Financial Group Inc.; New York (NY); Hybrid; USD 77,000 - 105,000; Full time

Job summary

Mizuho Financial Group, Inc. seeks an onboarding specialist to support the onboarding process across divisions. You will coordinate end-to-end onboarding, compile KYC packages, perform due diligence, and conduct OFAC/Negative News checks to identify risks.

Collaboration with Front Office and clients is essential, with adherence to audits and regulatory standards. The role offers a hybrid work arrangement with some remote opportunities depending on role and local laws.

Qualifications

• Strong attention to detail and analytical skills.
• Excellent communication skills.
• Ability to effectively manage and report on progress of requests.

Responsibilities

• Support direct team manager for all onboarding processes.
• Manage daily onboarding requests for all divisions of Mizuho, end-to-end onboarding coordination.
• 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 to the firm.
• Prioritize onboarding cases to ensure completion before deadlines and liaise with Front Office and clients directly.
• Adhere to internal audit requirements and assist in efficiency improvements; determine industry codes (e.g., SIC/Sector Codes).
• Familiarity with Investment Advisor Public Disclosure and Edgar sites and related documentation (RIA, QIB, AML Wolfsberg questionnaire, etc.).
• Determine when full vs. streamlined KYC onboarding is required and coordinate with Legal, Compliance, Sanctions, Regulatory, Tax, and Operations.

Skills

Attention to detail

Analytical skills

Communication skills

Progress reporting

Education

Bachelor's degree or equivalent

Job description

locationsNYC (1285)time typeFull timeposted onPosted Todayjob requisition idR7467Job description:Major Responsibilities:Support direct team manager for all onboarding processesManage daily onboarding requests for all divisions of MizuhoEnd to end onboarding coordinationCompose KYC packages and perform due diligence on new clients based on risk rating including FinCen requirements and Enhanced Due DiligenceConduct OFAC and Negative News searches on clients and related parties to identify and assess potential risk to the firmAbility to prioritize onboarding cases to ensure completion prior to deadlinesLiaise with Front Office and clients directlyAdhere to internal audit requirementsRecommend and assist in requirements for efficiencies where neededAbility to determine industry codes (for example SIC/Sector Codes)Familiarity with Investment Advisor Public Disclosure and Edgar sites, along with necessary documentation (ie: RIA, QIB, 2111, AML Wolfsberg Questionnaire, Accelerated Onboarding Sheets & 151 Prime Broker Agreements).Ability to understand an Investment Advisor’s organization structure, as well as, when full KYC Onboarding is required versus streamlined KYC Onboarding is required.Liaise with internal groups such as Legal, Compliance, Sanctions, Regulatory, Tax and OperationsSkills and Competencies:Bachelor's degree or equivalentStrong attention to detail and analytical skills. Appropriate and confidential handling of client data Excellent communication skillsAbility to effectively manage and report on progress of requestsThe expected base salary ranges from $77,000.00 - $105,000.00. 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 requirementsMizuho 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 OverviewMizuho 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.#LI-MIZUHOAbout UsWhy MizuhoMizuho is in growth mode as we are climbing the league tables, disrupting the status quo, and attracting top talent. Positions are available across our corporate functions, and on our corporate and investment banking, capital markets, advisory, research, sales & trading, derivatives, and financing teams.We are looking for candidates who want to contribute to our entrepreneurial culture where people at all levels are inspired to share ideas. Our creativity sets us apart, and our perseverance drives results in creating bespoke, client-focused solutions.If you are interested in advancing your career working for a firm with a growth mindset and the resources of a global financial services team, we would like to hear from you.