Account Maintenance - IBroker Specialist

About the role

This is a Hybrid role (4 days in office / 1 day remote).

Responsibilities

• Review and assess application documents provided by clients for KYC sufficiency
• Collect documentation for compilation of the FINRA packet submission and review for accuracy
• Assess a client’s application in a holistic manner to identify potential risk factors, including preliminary Google and negative news searches
• Proactively work with members of the New Accounts, Compliance, Sales or other departments to streamline the application process and minimize onboarding time
• Identify areas for improvement in current onboarding processes and proactively propose solutions
• Guide the application through the approval process which includes Compliance, CAC, Legal and FINRA
• Liaise between FINRA and IB on applying iBroker accounts to satisfy any questions that are raised during FINRA’s review of the applicant
• Maintain open and closed account movement in the FINRA gateway
• Submit applicant packets into the FINRA gateway and cross-reference the FINRA filing ID while clearing the FINRA task in CAST
• Compile weekly progress reports from other iBroker teams into one report for senior management
• Cross reference multiple databases ensuring that regulatory aspects of AML and KYC are completed prior to account opening, if an EDD review is not triggered

Requirements

• 1-3 years experience
• Bachelor Degree in finance, accounting, or economics
• Understanding of BSA/AML, USA PATRIOT Act and OFAC principles
• High degree of comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems
• ACAMS, CFE, CFCS, Series 7, or other FINRA licenses or certifications a plus
• Knowledge/Experience in Capital Markets, AML, KYC or Compliance
• Knowledge/Understanding of end-to-end KYC process is a plus

Qualifications

• Self-motivated and able to handle tasks with minimal supervision
• Superb analytical and problem-solving skills
• Excellent collaboration and communication (Verbal and written) skills
• Outstanding organizational and time management skills

Skills

• Understanding of BSA/AML, USA PATRIOT Act and OFAC principles
• High degree of comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems
• ACAMS, CFE, CFCS, Series 7, or other FINRA licenses or certifications a plus
• Knowledge/Experience in Capital Markets, AML, KYC or Compliance
• Knowledge/Understanding of end-to-end KYC process is a plus

Pay

The anticipated base salary range is $70,000 to $90,000 annually based on skill's and experience.

Schedule

This is a Hybrid role (4 days in office / 1 day remote).