Business Selection & Client Onboarding Associate

Global investment bank is seeking an Associate, Business Selection & Client Onboarding. The Associate position in the Business Selection and Client Onboarding team assists senior team members in reviewing and approving investment banking transactions in relation to conflicts of interest and Anti Money Laundering and Know Your Client (AML/KYC) requirements. Since all investment banking transactions must be analyzed by this team before they are accepted by the firm, this team works in a demanding and time sensitive environment. This is a Business Management position requiring heavy interaction with banking teams and Legal & Compliance.


Responsibilities‍

• Assists with the firm’s conflict clearance process escalating any potential relevant issues identified during the review process to senior team members
• Assists senior team members in large scale conflicts and disclosure projects
• Works within a team that will evaluate a variety of corporate finance transactions (M&A, restructuring, capital markets) for conflicts of interest, including:
• Conducting conflict checks by searching various databases, and analyzing hits with a view to identifying potential legal, regulatory, compliance and/or reputational risks
• Working with the business and Legal & Compliance to resolve identified risks in a timely and efficient manner
• Conferring with senior team members in the escalation of complex conflicts issues
• Participates in the firm’s client onboarding process, interacting frequently with junior investment bankers to obtain required KYC information and related documentation
• Assists senior team members in coordinating all activities associated with client set-up and ensure related regulatory requirements are met, including:
• Assisting in the completion, submission and review of KYC forms by bankers
• Assisting in the identification of regulatory and reputational risks and escalation of such risks to team manager
• Working with senior team members, clients, the business and Legal & Compliance to resolve identified risks in a timely and efficient manner
• Monitoring client activities and investigating suspicious activity where applicable
  
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Qualifications

• 3+ years of AML/KYC experience in an investment bank or corporate advisory firm
• Established knowledge and understanding of M&A, restructuring and/or capital markets concepts
• Ability to analyze complex situations on compressed timetables
• Excellent verbal and written communication skills and ability to effectively interact with clients and colleagues at all levels of experience and seniority
• Willingness to work with fellow team members to complete large scale, time sensitive projects
• Resourcefulness; ability to think creatively to solve problems and anticipate potential questions or issues
• Effective time management and prioritization; strong multi-tasking abilities
• Excellent judgment in handling sensitive and confidential information
• Attention to detail and high standard for quality work product
• Ability to quickly and efficiently navigate information systems
• Strong interest in and willingness to learn complex regulatory systems and rules
• Strong intellectual curiosity and willingness to seek guidance from senior team members and team manager
• Bachelor’s degree

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Compensation: $100-110K base plus discretionary bonus and benefits package.


This role is onsite in Manhattan 4-5 days per week.