Client Onboarding Associate

Client Onboarding Specialist

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

The Client Onboarding Specialist will be part of the Operational Services team supporting all aspects of client onboarding to include the fulfillment of Anti-Money Laundering (AML) and Know Your Client (KYC) requirements. The Client Onboarding Specialist will partner with the client-facing teams to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence requirements at the onset and renewal of client relationships. The Client Onboarding Specialist will own the end to end onboarding of new clients and subsequent periodic renewal process.

Role Responsibilities:

• Partnering with the client facing teams to collect required legal documents and associated information to meet all regulatory and internal policies.
• Support front office with onboarding new and existing clients.

Act as the clients point of contact by addressing their issues and concerns and providing resolutions to their onboarding queries in line with our internal policies, the regulatory environment and market practices.

Manage the client onboarding process including:

• As required by the Front Office, prepare and submit Client Due Diligence files (KYC). Ensure accuracy of the information.
• Gather and research information on clients to enrich requests (beneficial owners, shareholder information and other client intelligence).
• Analyze and determine account documentation required based upon counterparty type and products traded.

Undertake quality review of clients KYC records.

Act as a KYC and AML subject matter expert.

Ensure the proper onboarding-related maintenance of our existing clients.

Organize the planning for periodic documentation refreshes, based on vetting expiry dates.

Liaise with business owners to confirm the client activity and confirm the need for renewing on-boarding status or refer for offboarding.

Update CDD forms and collect documentation for periodic reviews per the mandated timeline or as necessary based on changes that would trigger an event driven review.

Discuss and escalate with Compliance complex issues surrounding client types and structures, financial products and services, and other AML risk-related issues.

Contribute to the continuous process improvement efforts and ensuring there are written and updated procedures.

Contribute to implementation of new projects, processes and systems.

Experience / Competencies:

• Strong client focus and ability to partner with various internal groups and client coverage.
• Independent, self-motivated, with ability to adapt and be flexible in a team environment.
• Strong analytical, prioritization and organizational skills.
• Ability to successfully navigate a complex infrastructure that involves numerous groups and individuals.
• 2-5 years experience in financial services, operation or compliance fields.
• Client Onboarding and/or documentation analysis experience preferred.
• Wide knowledge of financial products including SEF.
• Strong knowledge of Excel and all Microsoft Office suites.

Desired:

• College degree preferred.
• Strong risk and controls awareness.
• Prior experience in AML/KYC is preferred.

Special Job Requirements:

• Series 99 preferred.

Level 5

$72,000-$76,000

Not the perfect fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organization. Our dedicated Talent Acquisition team is here to assist you in recognizing how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement:

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location: USA - 200 Vesey Street - New York, NY