Client Onboarding Analyst recruitment
UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.
The Know Your Customer (“KYC”) Program of the Data Services Group conducts KYC due diligence checks on potential / existing clients of the Investment Bank across all business areas and products types. KYC checks must be completed before a client transacts with UBS for the first time to manage and mitigate the risk of being involved in money laundering, financing terrorism or other illegal activities. Additional checks may also be required when an existing client extends their relationship with UBS.
Responsibilities will include:
- Determine/confirm KYC requirements and collect relevant information in line with the Customer Identification Policy (CIP).
- Perform verification checks to ensure documents received meet the CIP requirements.
- Correctly perform background checks and negative news searches, identify red flag situations and escalate in line with policy and procedures.
- Classify clients from a risk and regulatory perspective. Understand the application of vulnerable products and industries during the risk assessment process.
- Understand how Exceptions, Reliance Letters and Exceptions can be used appropriately within the KYC Program.
- Draft and obtain approvals for exceptions to the policy where necessary.
- Ensure that documents collected are correctly uploaded/stored.
- Understand priorities and organize appropriately in order to complete KYC in line with the needs of the Business.
- Maintain a comprehensive knowledge of all internal systems related to the KYC Review Program, including but not limited to, Masterfiles, COT, Account Workflow, RKYC Docstore, COSIMA, Shared Drives, etc.
- Maintain a comprehensive knowledge of all subscription data sources used by the KYC Review Program, including, but not limited to, Banker’s Almanac, Dun Bradstreet’s GRS product, LexisNexis products and GRID.
- Ensure appropriate and confidential handling / sharing of sensitive information, including all application and subscription passwords.
- Contribute ideas and participate in efforts to further improve and streamline the process.
Our ideal candidates should have the following requisities:
- BA/MA Degree in Finance or Legal
- Experience in the area of financial services
- Professional integrity; understanding the confidential environment of the Investment Bank
- Excellent command of the English language (reading, writing, speaking)
- Ability to communicate effectively with all project personnel and other business area contacts
- Strong time management, prioritization, work organisation and multi-tasking skills
- Excellent attention to detail
- Ability to work independently while remaining an integral part of a focused team
- Proficiency in MS Office
- Effective Internet and research skills
- Anti-money laundering program experience or KYC data management experience would be considered as an advantage
It starts with you:
We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you.
To read more about this opportunity and to submit your application, please click on the Apply for Job button. You will be redirected to the UBS career website where you can submit your CV. All applications will be reviewed and responded to by the UBS recruitment team.
Disclaimer/ Policy Statement: UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.