Compliance Analyst – Boston, MA
Private Equity fund administrator’s Boston office is looking for an Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance Analyst to assist the Compliance team in all administrative tasks related to AML/KYC Services for new and existing clients/investors.
We will offer you
A challenging and rewarding role in a fast-growing organization
Excellent opportunities for professional and career development in Private Equity
Competitive Salary and Benefits
- Collect and retain all client/investor documents from various sources for AML/KYC, FATCA, and CRS.
- Maintenance and centralization of AML/KYC, FATCA, and CRS documents and data. Collection and reconciliation of data for implementation of CRM system.
- Maintain control and tracking logs for completed and open compliance items.
- Track statuses of key legal, compliance, and tax documents/information as needed.
- Liaise with various internal departments (client servicing teams, operations, IT, etc.) and external parties (clients, law firms, third-party service providers, etc.).
Responsibilities will include
- Review client/investor documents to identify and compile key information required to perform Compliance Services including AML/KYC, FATCA, and CRS. Documents to include, but are not limited to, subscription documents, tax forms, self-certification forms, and other supporting AML/KYC documents.
- Maintain and update client/investor database with key compliance information based on new compliance reviews and existing contracted clients. Ensure all documentation (e.g., tax forms) is current, not expired, and completed.
- Escalate with the Director of Compliance of any compliance issues, open items, missing or expired documentation that needs to be escalated to CS team, client, and/or third-party resources.
- Using Thomson Reuters application, World-Check, and TINCheck, scan all names related to investors as extracted from subscription and AML/KYC documents and document the results.
- Ensure all documents/reports are maintained in proper locations to include AML/KYC, FATCA, and CRS results, client report letters, client invoices, client/firm servicing contracts/pricing, and third-party resource statements.
- Ensure compliance checklists are completed for each review and signed. Ensure all steps are followed for control purposes.
Job Requirements, Skills, Education, and Experience
- Bachelor’s Degree in Business Administration, Finance, or Accounting a plus.
- 1-3 years work experience in Financial Services, a plus
- Impeccable attention to detail. Will train to review AML documentation and formation documents; Trust Agreements, LP /LLC Agreements, Certificate of Formations, Article of Associations, tax documents, identifying documents, etc.
- Familiarity with investor scanning applications
- Strong ability to gather, track and centralize information/documents.
- Excellent data entry and reconciliations of systems and ongoing maintenance.
- Microsoft applications proficient. Strong EXCEL skills (formulas, pivot tables, VLOOKUPs).
- Excellent verbal, written, and interpersonal communication skills. Must be extremely detail-oriented and highly organized.
- Efficient time management skills and the ability to maintain control over information and documents to meet client, firm and reporting deadlines.