At a Glance
- Tasks: Manage client onboarding and ensure compliance with regulations in a fast-paced environment.
- Company: Gen II is a leading provider of multi-jurisdictional services for institutional clients.
- Benefits: Enjoy flexible working options and opportunities for professional development.
- Why this job: Join a dynamic team focused on client experience and regulatory excellence.
- Qualifications: 3+ years in finance, AML/KYC experience, and relevant qualifications preferred.
- Other info: Based in Southampton with potential for Agile Working arrangements.
The predicted salary is between 36000 - 60000 £ per year.
To provide and promote a superior client experience for Gen II, by providing a multi-jurisdictional service for the Institutional business to Onboard clients and investors. Ensuring Gen II remain compliant with regulatory obligations. Responsible for obtaining Client and Investors due diligence (CDD), checking all client and investor static data is captured and accurate, as well as checking all relevant regulatory Financial Crime and Anti Money Laundering obligations have been met, recorded appropriately and resolving directly with clients and investors where any data/documentation points are missing.
What you’ll be doing:
- Operational Management of the day-to-day Client and Investor Onboarding for Gen II institutional business that will require multi-jurisdictional visibility.
- Documenting CDD/EDD requirements and engaging with clients and investors to obtain the required information.
- Focusing on the Financial Crime and Anti Money Laundering aspects of client and investor onboarding.
- Perform and review risk assessments on institutional clients & investors.
- Assessing the effectiveness of Client Profile information provided by client teams, to ensure we satisfy our regulatory requirements for KYC.
- Reviewing and validating source of funds & wealth, making sure it is documented and evidenced where required.
- Understanding of client & investor structure charts ensuring appropriate CDD/KYC in accordance with the JFSC 3 tier test (Control and Ownership).
- Creating, monitoring, and approving outstanding CDD/KYC documentation activities by working closely with Gen II clients & Client admin teams.
- Ongoing screening of clients & investors and reviewing any potential hits.
- Data management, approving/checking that static data set up is accurate and relevant and up to date.
- Communicating directly with clients to obtain additional EDD documentation/information where required.
- Responsible for ‘Trigger event’ projects, ensuring risk assessments & CDD are compliant with regulatory standards.
- Sign off and approval of client and investor onboarding workflows and risk assessments ensuring all checklists and forms are signed and complete.
- Client focused with an ability to work in a fast-paced, high-pressure work environment.
- Act as a point of reference for the Institutional business to answer and resolve issues/queries related to the periodic review processes.
- Work closely with Gen II Compliance, ensuring appropriate levels of approvals are obtained for high-risk business & PEPs.
- Reporting regular MI on statistics of periodic reviews completed and forecasting stats with reviews to be undertaken.
- Responsible for training and mentoring of junior team members.
Administration:
- Prioritising and organising day-to-day workloads.
- Keep project trackers up to date to ensure deadlines are tracked and met.
- Dealing with internal and external day-to-day queries in a timely manner.
- Assist in appropriate projects and initiatives relating to operations teams.
- Attend to regular team meetings and constructively contribute.
- Assist in meeting team objectives and meet set internal and external SLAs.
The ideal background for this role:
- Relevant recognised qualification ideally within ICA or AML.
- 3 plus years relevant finance industry experience in AML/KYC.
- Experience working with Private Equity/Real Estate fund structures.
- Experience within AML/CDD onboarding fund sector.
- Experience of client service delivery.
- Experience of performing and managing periodic reviews.
- Experience managing junior members of the team and delegating tasks.
- Good understanding and knowledge of current industry AML/CFT handbook legislation, regulation & operating working practices.
- Good understanding of GDPR and risks associated with personal/sensitive data.
- Solid understanding of source of wealth/source of funds requirements.
Role Location/Hybrid Schedule:
This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.
Assistant Manager, Onboarding employer: Gen II Fund Services
Contact Detail:
Gen II Fund Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager, Onboarding
✨Tip Number 1
Familiarise yourself with the specific regulatory requirements related to AML and KYC in the financial sector. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance, which is crucial for the Assistant Manager role.
✨Tip Number 2
Network with professionals in the finance and compliance sectors, especially those who have experience in onboarding processes. Engaging with industry peers can provide insights into best practices and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience with client service delivery and managing junior team members. Be ready to share specific examples of how you've successfully navigated challenges in these areas, as they are key components of the role.
✨Tip Number 4
Stay updated on current trends and changes in the financial crime landscape. Being knowledgeable about recent developments will show your proactive approach and readiness to tackle the challenges faced in the onboarding process.
We think you need these skills to ace Assistant Manager, Onboarding
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in AML/KYC and client onboarding. Use specific examples from your past roles that demonstrate your ability to manage compliance and client relationships effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with financial crime regulations and client service delivery.
Showcase Relevant Qualifications: If you have qualifications related to ICA or AML, be sure to mention them prominently in your application. This will help demonstrate your commitment to the field and your understanding of regulatory requirements.
Highlight Team Management Skills: Since the role involves mentoring junior team members, include examples of your leadership experience. Discuss how you've successfully delegated tasks and supported team development in previous positions.
How to prepare for a job interview at Gen II Fund Services
✨Understand the Regulatory Landscape
Familiarise yourself with the latest AML and KYC regulations relevant to the financial industry. Being able to discuss these regulations confidently will demonstrate your knowledge and commitment to compliance, which is crucial for the role.
✨Showcase Your Client Management Skills
Prepare examples of how you've successfully managed client relationships in the past. Highlight your ability to communicate effectively and resolve issues, as this role requires direct interaction with clients and investors.
✨Demonstrate Attention to Detail
Since the role involves checking and validating client data, be ready to discuss how you ensure accuracy in your work. You might want to share specific instances where your attention to detail made a significant impact.
✨Prepare for Scenario-Based Questions
Anticipate questions that may ask how you would handle specific situations related to onboarding or compliance. Practising your responses to these scenarios can help you articulate your thought process and problem-solving skills during the interview.