What are the responsibilities and job description for the KYC Consultant position at Madison-Davis, LLC?
Determine documentation required based on counterparty type and products traded.
Liaise with the Chief Client Office, Front Office, and client to obtain required information/documentation.
Analyze and review client documentation for accuracy based on internal KYC policy/procedures.
Review screenings completed by the screening team for negative news, PEP checks, other relevant internal lists.
Conduct the appropriate level of due diligence on Americas’ customer relationships. Entity types include but not limited to: RIAs, Broker Dealers, Public and Private Corporates, SPVs/SPEs, Trusts, Banks, Insurance Companies, Local and Foreign Governments and NBFIs.
Escalate risks and issues to appropriate management to ensure KYC is completed accurately and efficiently.
Follow internal policies and procedures and adapt to changes in procedure/regulatory requirements.
Provide a cohesive overall written assessment of the client after performing KYC due diligence.
Work independently on assigned cases and provide necessary updates and reporting as needed.
Contribute to team-wide initiatives, focusing on process improvement, data quality enhancements, etc.
Interact effectively with the Quality Control Function and complete corrections in a timely and efficient manner.
Provide accurate statuses on a weekly basis on work performed and highlight/escalate bottlenecks.
Assist the manager/team in various tasks related to, but not limited to, T 1 after hour support, implementation of new process/requirements/tools, and performance of new controls as needed to meet internal requirements and expectations and to harbor constant improvement.
Contribute to a continuous improvement environment.
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data Sets
What is the career path for a KYC Consultant?
Sign up to receive alerts about other jobs on the KYC Consultant career path by checking the boxes next to the positions that interest you.
Sign up to receive alerts about other jobs with skills like those required for the KYC Consultant.
Click the checkbox next to the jobs that you are interested in.
