Client Onboarding & KYC specialist

Job title:

Client Onboarding & KYC specialist

Company

Source Group International

Job description

Position: Client Onboarding & KYC Specialist
Location: Zurich, Switzerland
About the Role:We are seeking a meticulous Client Onboarding & KYC Specialist to join our Zurich team. In this critical role, you will be responsible for migrating key client groups from a legacy Credit Suisse platform to the UBS system. Your work will encompass end-to-end client onboarding, from data analysis and document preparation to ensuring compliance with KYC and AML policies.
Key Responsibilities:

• Lead the migration of high-priority client groups, including data sourcing, client structure analysis, and system coding.
• Collaborate closely with Client Advisors to review client structures and prepare necessary documentation for smooth onboarding.
• Manage document workflows, from preparation to final review post-signature, ensuring accuracy and compliance.
• Review incoming client documents to align with KYC and Anti-Money Laundering (AML) regulations.
• Conduct thorough background checks, including evaluating any adverse news related to both existing clients and prospects.
• Stay current on relevant BSA, OFAC, CIP, and CDD regulations, applying this knowledge to enhance compliance procedures.
• Handle sensitive client information with discretion and in full compliance with firm policies.

Skills and Experience:

• Proven experience with banking client documentation, with a deep understanding of Swiss VSB/CDB rules (mandatory).
• Strong expertise in the client onboarding process for both Natural Persons and Legal Entities, including entities like Trusts, Foundations, and Operating Companies.
• Solid knowledge of KYC and Due Diligence requirements, especially within wealth management.
• Familiarity with global tax regulations such as AEI, FATCA, and QI, and the associated documentation.

Expected salary

Location

Zurich

Job date

Thu, 29 Aug 2024 03:15:55 GMT

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