What are the responsibilities and job description for the Onboarding Analyst position at Pacifica Continental?
At Pacifica Continental, we are looking for a talented Onboarding Hub Analyst to join the team of a well-established international bank experiencing strong growth in Miami. This is a great opportunity to be part of a dynamic and expanding financial institution.
Primary Responsibilities:
• Review necessary consultations, screenings, and analysis including but not limited to Google searches, Lexis Nexis and perform due diligence reviews of existing and potential new high-risk customers.
• Review of new account documentation and verification of CIP requirements
• Responsible for performing a variety of fraud detection related activities in support of Customer Identification Program (CIP), Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations designed to prevent financial-related crimes.
• Review KYCs and documentation received for new clients or new parties to existing accounts and Reviews client documentation for the Onboarding process.
• Support and coordinate inquiries and investigations regarding the Account Opening process or signors updates.
• Approve or escalate High Risk accounts following the established process.
• Completes the account opening process in such cases where no escalation is required for all new accounts; includes completing applications, reviewing documentation, and submitting to Account Opening.
• Perform quality checks to make sure accounts are properly documented prior submission to execution.
• Acting as quality gate keeper, ensuring, and maintaining customer records accord to the requirements
• Provide support to RMs/ ROs and internal areas, assisting with Onboarding process.
• Ability to process all services requests in a timely matter.
• Work with cross-functional and product groups in support of KYC programs.
• Support Audit and Regulators demands.
• Support new credit card requests
• Monitor and conduct periodic reviews of third party outsourced activities related to account opening
• Open accounts at core systems
• Provide support to all business lines when onboarding clients
• Ensure performance to meet requirements and SLAs
• Support projects and process improvement initiatives
• Report and maintain records of exceptions
Qualifications:
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Excellent computer, people skills, as well as organizational skills. Flexible Schedule that may require to do overtime.
• Strong analytical and time management skills
• Excellent attention to detail
• Ability to multi-task and work independently
• Ability to work with tight deadlines as part of a team.
• Ability to interact with Auditors, Compliance and Independent Control Groups as required.
Education and Experience:
High School Diploma or Bachelor’s degree preferred in Business Administration, Accounting, or Finance; with one (1) to three (3) years’ experience related to Onboarding and banking experience, BSA; or an equivalent combination of education and experience.
Language Skills: Fluent in English and Portuguese or Spanish.
Primary Responsibilities:
• Review necessary consultations, screenings, and analysis including but not limited to Google searches, Lexis Nexis and perform due diligence reviews of existing and potential new high-risk customers.
• Review of new account documentation and verification of CIP requirements
• Responsible for performing a variety of fraud detection related activities in support of Customer Identification Program (CIP), Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations designed to prevent financial-related crimes.
• Review KYCs and documentation received for new clients or new parties to existing accounts and Reviews client documentation for the Onboarding process.
• Support and coordinate inquiries and investigations regarding the Account Opening process or signors updates.
• Approve or escalate High Risk accounts following the established process.
• Completes the account opening process in such cases where no escalation is required for all new accounts; includes completing applications, reviewing documentation, and submitting to Account Opening.
• Perform quality checks to make sure accounts are properly documented prior submission to execution.
• Acting as quality gate keeper, ensuring, and maintaining customer records accord to the requirements
• Provide support to RMs/ ROs and internal areas, assisting with Onboarding process.
• Ability to process all services requests in a timely matter.
• Work with cross-functional and product groups in support of KYC programs.
• Support Audit and Regulators demands.
• Support new credit card requests
• Monitor and conduct periodic reviews of third party outsourced activities related to account opening
• Open accounts at core systems
• Provide support to all business lines when onboarding clients
• Ensure performance to meet requirements and SLAs
• Support projects and process improvement initiatives
• Report and maintain records of exceptions
Qualifications:
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Excellent computer, people skills, as well as organizational skills. Flexible Schedule that may require to do overtime.
• Strong analytical and time management skills
• Excellent attention to detail
• Ability to multi-task and work independently
• Ability to work with tight deadlines as part of a team.
• Ability to interact with Auditors, Compliance and Independent Control Groups as required.
Education and Experience:
High School Diploma or Bachelor’s degree preferred in Business Administration, Accounting, or Finance; with one (1) to three (3) years’ experience related to Onboarding and banking experience, BSA; or an equivalent combination of education and experience.
Language Skills: Fluent in English and Portuguese or Spanish.
