FMTS Project Mgr – KYC

FMTS Project Mgr - KYC- New York City (Job Number: 1308852)

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. Additional information is available at www.bnymellon.com.

Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

Description

The project mananger continues to be an individual contributer carrying out the tasks that comprise the ITS Specialist, Sr. role:Responsible performing quality assurance (QA) for all Corporate Trust Business Customer Profiles (BCPs); preparing BCPs for all global Corporate Trust clients; performing due diligence searches on clients, their owners and managers; as well as special projects as assigned. The ITS KYC Specialist, Sr., is able to work on all client's regardless of AML risk rating and complexity, and do so with minimal oversight. This will comprise about 75% of their workload.However, they have the added responsibility of training new hires, overseeing their day to day work, and having one-on-one meetings with them. They will escalate issues to senior managers as needed and will assist their senior manager in evaluating team members designated to them. This will comprise about 25% of their workload.Internal and external rules and regulations require us to have specific pieces of information and documentation on hand for clients and to assess the reputational risk posed to BNYM when doing business with clients. Must have extensive research skills to gather date on the client with which to populate the customer profile and for resolving negative information and politically exposed person alerts. This team member should be an expert on KYC and CIP and be able to work on all clients regardless of AML risk rating and client complexity, with minimal oversight.Must have excellent prioritization training skills. Must have excellent verbal and written communication skills and communicate effectively with junior team members and senior management.Every client is different, and the team member must be an expert on the policy in order to know what applies when. They must be creative in their research, especially when it comes to ruling out negative information alerts generated from the ChoicePoint system. Team members must also know when items are of a serious nature, to escalate items to their team leaders; as well as escalate any roadblocks they encounter.B/c there is a training/supervision compnonent to this role, they must escalate performance issues to senior managers; address roadblocks team members encounter while trying to complete KYC for clients; ensure team members are keeping up with their workload and are staying up to date on policy and procedure changes; escalating issues to senior managers.Our team s role is vital to the entire business lines we support - GCT, DR and SoS. Note we provide support to all locations. Relationship managers cannot close a deal until the KYC process is complete. Our team deals solely with internal parties (relationship managers, compliance, etc.), we do not have contact with clients, client's legal counsel, etc.Our team deals solely with internal parties (relationship managers, senior mgmt., compliance, etc.), we do not have contact with clients, client's legal counsel, etc.

Qualifications

All team members must have excellent written and oral communication skills. Must be able to have counsel team members regarding performance and attendance issues in a tactful manner.Minimum Education: 4 year degree. Preferred Education: 4 year degree. Minimum Experience: 1 year in the financial sector. Preferred Experience: 3 years in the financial sector, working knowledge of KYC.

Primary Location: United States-USA-NY-New York
Internal Jobcode: 29944
Job: Audit/Compliance/Risk
Organization: Global Operations-HR06382

July 18, 2013 • Tags: , • Posted in: Financial

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