What are the responsibilities and job description for the AML / KYC Junior Analyst position at Engage Partners, Inc.?
FTE AML / KYC Junior Analyst position
Hybrid located in NYC.
The Opportunity
We are seeking an AML / KYC Junior Analyst to join our Firm. This position will be based in our New York office (hybrid). The AML / KYC Junior Analyst conducts research, analyzes documents and data, and ensures compliance with the Firm's KYC / AML requirements. Assists with complex client analysis projects, facilitates risk analysis for new and prospective clients, and addresses compliance issues to support informed decision-making across the Firm including apprising senior management and partners of changes in client risk profile, based on ongoing monitoring and regulatory changes. Responsibilities include but are not limited to :
- Performs analysis of prospective clients, including enhanced due diligence, synthesizes findings and reports to management, partners, and committee members for effective assessment of viability and risk level of prospective client.
- Researches and documents relationships between the Firm's new and existing clients, identifying corporate structures to facilitate accurate and current reporting.
- Conducts enhanced due diligence for higher-risk clients based on geopolitical, economic, reputational and sanctions considerations including ongoing review of higher-risk clients and matters.
- Analyzes and follows up on documentation and information necessary to comply with the Firm's jurisdictional specific KYC / AML regulatory requirements.
- Identifies and addresses non-compliance issues with management and partners.
- Updates and maintains client records and internal databases to keep current with compliance status of clients, the department and Firm's KYC / AML guidelines and procedures, as well as new regulations and requirements.
- Conducts comprehensive risk assessments on new clients evaluating AML risk, financial viability with respect to bill payment, reputational risk, political connections, bankruptcy, and criminal records.
- Reviews client engagement information for accuracy and coordinates with partners and committee members to ensure the Firm???s compliance with the Foreign Agents Registration Act (FARA) and assess the risk of tax evasion.
- Understands and responds to inquiries from partners, other attorneys and business services professionals and demonstrates this understanding through the use of effective communication.
- Provides support to partners and business services professionals to facilitate new business intake.
- Assists with complex client analysis projects.
- Reviews new matters and works to ensure Firm SIC codes are assigned correctly where applicable.
- Actively seeks to enhance knowledge of all OGC Engagement & Compliance procedures and processes.
- Demonstrates effective interpersonal, written and verbal communication skills to facilitate effective work relationships with others.
- Manages Firm resources responsibly.
- Complies with and understands Firm operation, policies and procedures.
- Performs other related duties as assigned.
Qualifications
Experience / Education
The starting base salary for this position is expected to be within the range listed under Salary Details. Actual salary will be determined based on skills, experience (to the extent relevant) and other-job related factors, consistent with applicable law.
Salary Details
65,000-$70,000
Please send resumes to
Wendi@engagestaff.com
Salary : $65,000 - $70,000
