Onboarding Associate Job Description
Onboarding associate
provides AML support and guidance to LOB for the implementation of any AML/KYC system improvement initiatives in the region.
Onboarding Associate Duties & Responsibilities
To write an effective onboarding associate job description, begin by listing detailed duties, responsibilities and expectations. We have included onboarding associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Conduct QA reviews as part of non-AML QA processes
Lead QA feedback sessions and communicate QA results to the onboarding teams
Assist with audit preparations and inquiries
Provide on-the-ground support and escalation for BAU policy and exceptions inquiries
Assist with developing and fine tuning of Regulatory Change related policies and procedures
Initial understanding of non-AML regulatory landscape
Serve as the primary contact for qualified Advisors new Advisors joining existing Institutions offices throughout the entire onboarding process including the repapering and account transfer phase
Build relationships with decision makers of the client base and manage the on-boarding relationship proactively
Reviewing and constantly improving the current BAU processes
Work closely with the Front Office and potentially direct with clients as required, to obtain all necessary supporting evidence to fulfil KYC due diligence
Onboarding Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Onboarding Associate
List any licenses or certifications required by the position: KYC, CTP, PMI, CAMS, AML, PMP, SWIFT, FP&A, FIX, CDMP
Education for Onboarding Associate
Typically a job would require a certain level of education.
Employers hiring for the onboarding associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Management, Business, Finance, Accounting, Military, Human Resources, Education, Economics, Law, Graduate
Skills for Onboarding Associate
Desired skills for onboarding associate include:
Financial industry with in-depth expertise in various lines of business
KYC/Compliance/AML procedures and standards
Multiple client types
KYC / CIP / AML rules and regulations
Derivatives
Cash
Escrow
Global Custody
Securities
LexisNexis and Factiva
Desired experience for onboarding associate includes:
Excellent communication and organizational skills are critical to the role
The position requires strong business acumen, sound judgment and critical thinking skills
Self-motivated and proactive team player who takes ownership and accountability of projects, has strong organizational skills the ability to effectively manage competing priorities
Preferred two years experience in a financial industry service environment
Preferred Series 6/7 and Series 63
Strive for 95% Quality Assurance pass rate across the WCOB group
Onboarding Associate Examples
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Onboarding Associate Job Description
Job Description Example
Our innovative and growing company is looking for an onboarding associate. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for onboarding associate
- Editorial support/development of business communications and online content
- Interfacing with clients and providing updates and solutions as a central point of contact for assigned customer segment
- Contributing to continuous improvement to platform and UAT testing of new enhancements to onboarding system
- Communicating and building relationships with local and global middle office and operations teams relationship managers, sales, compliance, credit and legal teams
- Providing scheduled internal reporting of pending tasks and progress across assigned customer sets
- Part of a regional team and provide support and guidance to junior members on the Know Your Client process
- Key liaison point with Compliance on specific requirements and regulations arising under special circumstances
- Supervise the performance of Client account periodic reviews and remediation efforts as required
- Take on elements of client servicing activities in collaboration with the head of Client servicing in the region
- Manage new client adoption and regular review stream (as required), to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies
Qualifications for onboarding associate
- Strong MS Office (Power Point, Excel ) skills
- Ability to maintain a schedule and deliver timely
- AML/Client Onboarding experience preferred, not required
- Experience of FIX client onboarding or support
- Experience of working with vendor systems and connectivity hubs
- Clear communicator able to work well under pressure
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Onboarding Associate Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of onboarding associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for onboarding associate
- Partner regularly with business to fulfill client on boarding requirements
- Leverage in-house technology to record client information
- Actively participate in client on boarding projects/priorities (such as collection of missing documentation, remediation activities, client reference data reconciliation)
- Produce and report KPIs to help managing process
- Escalate any suspicious activity – Periodically review PEP and OFAC lists
- Complete projects to update client data and documentation to current standards in coordination with other areas as needed (COB, Compliance, Sales, Client Service)
- Providing strategic input to the broader AML team
- Have strong research and analytical skills with the ability to summarise complex findings
- Be a motivated and flexible team player
- Take ownership and pride in delivery and timeliness in a fast-paced, outcome focused environment
Qualifications for onboarding associate
- Good knowledge of equities or F&O front office trading systems and European market characteristics
- Experience of a trading floor environment
- Basic shell scripting and familiarity with Java
- Knowledge of the workings and configuration of ULLink’s ULBridge platform
- Understanding of Equities and/or F&O end to end trading flows
- Experience creating functional workflows
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Onboarding Associate Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of onboarding associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for onboarding associate
- Have a tertiary degree
- Ensure adherence to GIM policies for all onboarding activities in order to reinforce a risk based approach to doing good business including AML / KYD
- Act as main point of contact for the UK Funds Sales Team and the business in respect of all due diligence, operational and contractual matters required for the onboarding of UK Funds intermediary clients
- Manage successful & accurate negotiation of appropriate documentation with the client
- Team members are responsible for reviewing existing processes and identifying service/efficiency improvements to improve the service provided to Clients and the business
- Onboarding new PWM hires and their clients, which includes both preparation work for their arrival
- Assisting with identifying, defining and enhancing process efficiencies which will benefit COB in EMEA and globally
- Providing further assistance as may be required within the COB team
- Co-ordinating amongst the wide range of internal and external parties (including Sales and Investment teams) that need to be involved in taking on new clients or changing client mandates
- Data integrity of all portfolio data, accuracy, exception monitoring
Qualifications for onboarding associate
- Mandarin is preferred
- A sound understanding of the capital markets business is necessary, as is a client-centric approach to the role
- Experience with manual testing, writing test plans, and reviewing test cases
- Review and understand new requirements and identify impact to Client Onboarding
- 2 to 4 years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry
- Sound understanding and experience/knowledge of Control, Compliance, Investigation would be an advantage
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Onboarding Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of onboarding associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for onboarding associate
- Build and manage relationships within the business unit and with operations, technology and CRM teams
- Build a particularly close working relationship with the sales and trading team
- Work with the on-boarding operations team to ensure all pre and post account setups are completed accurately and in a timely manner
- Build and maintain relations with stakeholders in support of strategic system delivery, client service and building a future model to support new and evolving activity
- Work with Technical Teams on Project Delivery, define test strategy and maintain test & use cases to facilitate user acceptance and regression testing
- Working with relevant stakeholder
- Lead with Technical Team to prioritize and deliver bug fixes and enhancements based on business value
- Support Remediations and Renewals (R&R) team to execute records in global systems and client documentation analysis as part of the approval of customers being remediated and renewed
- Manage Remediation/Renewal portfolio - escalate outstanding documentation and approval requests
- Partner with Local Relationship Managers (RMs)
Qualifications for onboarding associate
- Ensure all clients are completely set up to trade from both a regulatory standpoint to meet all internal requirements
- Assist both Line of Business and Clients with the regulatory adherence process
- Work on data clean up initiatives, remediation, re-engineering projects
- Ability to organize large amount of information and documents
- Documentation analysis experience preferred
- Experience in similar positions is a plus
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Onboarding Associate Job Description
Job Description Example
Our growing company is looking to fill the role of onboarding associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for onboarding associate
- Trading and cashiering in client accounts per the direction of the Partners and clients
- Determine service requirements and problem solving strategies and answer client questions to ensure a superior customer experience with successful resolution of all client needs
- Maintain client contact data in Microsoft Dynamics CRM and manage pipeline of new business for Partners
- Assist with quarterly statement production including review of billing files, quality assurance on investment performance and distribution of statements either hard copy or through online portal
- Coordinate and prepare meeting materials, participate in client meetings when appropriate and implement post-meeting action items
- Complete custom research projects and/or client reports when requested
- Administrative tasks include backing up associates in other offices, phone coverage, correspondence, filing/scanning, and general office management
- Act as go-to resource to support the Onboarding team with day to day operations
- Resolve internal/external clients’ inquires
- This is primarily a Supply Chain Operations / Transportation role but additionally you will interface with other internal technical and business teams, and contribute to new platform feature developments and improvements
Qualifications for onboarding associate
- Knowledge of Client Onboarding and Regulations is a plus
- Sound understanding of mutual funds, how products are offered in the UK wealth market and the Client Base
- Your strong analytical and problem solving skills, and ability to manage multiple, complex projects simultaneously
- Your proven, effective verbal and written communication skills
- You are able to work directly with clients and vendors in a consultative role
- Your sense of urgency and ability to resolve and/or manage around inevitable technical hurdles