Analyst - Client Onboarding

 

We are looking for a KYC Analyst to join the Onboarding Team at Clear Street. In this role, you will primarily focus on performing KYC screenings and data management to support both the Onboarding and Business teams. For the right candidate, this position offers a clear growth path into a full Client Onboarding Associate. 

Responsibilities:

• Review and process KYCs submitted from the business for Institutional Business supporting multiple lines of business (Prime Brokerage, Futures, Investment Banking, Clearing, Security-Based Swaps etc).
• KYC classifications can include individuals, corporations, foreign financial institutions, trusts, limited liability companies (“LLC”), funds, private foundations and charities.
• Research clients to ensure completeness and accuracy of their KYC.
• Review and process KYC updates and remediations to existing clients KYC information when needed.
• Complete KYC escalation forms for politically exposed persons (“PEP”) and clients with material adverse media for management approval.
• Liaise with the business daily to ensure smooth KYC processing.
• Support various general Onboarding and account opening tasks as needed. This includes team initiatives, daily account database input and remediations.

Qualifications:

• You are a strong team player, open to feedback, and comfortable working in a collaborative environment across different teams and levels, operating autonomously when required and as a team player when working on strategic initiatives, project demands occur or workload increases.
• You have the ability to communicate effectively both over the phone and in writing.
• You can handle complicated, time sensitive situations and works well under pressure.
• You are familiar with the core Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements applicable to institutional clients such as hedge funds, asset managers, proprietary trading firms, and family offices. This includes exposure to BSA, USA PATRIOT Act, and FinCEN regulations.
• You are an outside the box thinker, utilizing multiple documents/sources to meet regulatory requirements.
• You have some experience assisting with KYC due diligence processes, including information gathering, initial risk assessments, and identifying issues for escalation under the guidance of senior team members.
• You have been exposed to, or are willing to learn, how to use screening tools such as WorldCheck and CLEAR, and perform basic manual research tasks in order to perform full end to end KYC reports.
• You are motivated by the opportunity to work in a fast-growing, innovative environment, and are excited to support a modern prime broker focused on improving the client onboarding experience.
• Good to have: Certified Anti-Money Laundering Specialist (CAMS) 

Requirements:

• At least one (1) year of professional experience in a Client Onboarding, Client Service or Operations role within a financial services firm
• Bachelor’s Degree
• Knowledge of reviewing KYC documentation for corporations, foreign financial institutions, trusts, PHC/PICs and complex ownership structures
• Well versed in FinCEN CDD requirements
• Ability to think critically, analyze situations, and provide an assessment to keep management informed

 

We Offer:
The Base Salary Range is $65,000 - $85,000. These ranges are representative of the starting base salaries for this role at Clear Street. Which range a candidate fits into and where a candidate falls in the range will be based on job related factors such as relevant experience, skills, and location. These ranges represent Base Salary only, which is just one element of Clear Street's total compensation. The ranges stated do not include other factors of total compensation such as bonuses or equity.

At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. We are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.