KYC Senior Associate
About the role
Partners Capital is seeking a Senior KYC Associate to join our Global KYC Team based in Boston. The role supports KYC delivery globally, working across regions and regulatory expectations. The Senior KYC Associate will work with internal stakeholders and third parties to manage our clients’ portfolios, prioritizing and completing multiple tasks to meet deadlines.
Responsibilities
- Own end-to-end KYC delivery across onboarding, remediation, and ongoing review activity, ensuring cases are completed accurately and on time.
- Review complex ownership structures and UBO analysis (Trusts, SPVs, Funds) and apply appropriate KYC requirements and risk-based judgment (CDD/EDD escalation where required).
- Lead collection, review, and ongoing maintenance of KYC documentation and evidence standards, ensuring records remain current and audit-ready.
- Support monitoring activity including refreshers, document expiry tracking, and trigger events, ensuring updates are captured consistently.
- Perform key controls including PEP/sanctions screening, reviewing alerts, documenting outcomes, and maintaining a clear audit trail.
- Partner closely with Compliance on escalations, approvals, exceptions, and decisioning; ensure escalations are clear, complete, and timely.
- Maintain accurate tracking of workload, deadlines, and progress; support basic MI reporting and visibility of volumes/backlog.
- Provide guidance and day-to-day support to junior team members and contribute to training and quality consistency.
- Contribute to process improvements, documentation, and standardization across regions (templates, checklists, case notes, evidence standards).
- Ensure adherence to all information security processes, policies, and procedures, and raise any issues or concerns with the Cyber Security team.
- Ensure full compliance with all local data protection regulations and privacy controls, escalating any related issues via the appropriate channels.
Key responsibilities may be assessed and are subject to change based on the needs of the business. The individual may be required to work overtime as needed.
Requirements
- 4-7 years’ experience in KYC/AML/client onboarding (financial services, asset management, investment office, or similar preferred).
- Strong understanding of KYC/AML regulatory expectations and how to apply them in practice across regions (NAM).
- Confident handling complex entity types and ownership structures, including UBO analysis and document interpretation.
- Strong understanding of AML/KYC concepts and ability to apply risk-based decisioning in practice.
- Strong stakeholder management skills and confidence working across time zones.
- Excellent organization skills with the ability to manage multiple priorities and deliver to deadlines.
- Strong written communication skills (clear rationale and audit trail) and confidence escalating issues appropriately.
- Strong Excel/Outlook skills and comfort working with internal case management/CRM tools (e.g., Deal Cloud or similar).
- Highly organized and able to prioritize daily workloads while working efficiently and accurately under pressure.
Preferred Qualifications
- Strong understanding of KYC knowledge of other regions (EU, UK, APAC).
Benefits
- Medical, dental, and vision insurance.
- Short- and long-term disability insurance, life insurance.
- Flexible spending accounts, commuter benefits.
- Paid time off and a 401(k) plan with employer matching.
- Support for professional certifications (e.g., CFA, CAIA).
- Global philanthropy via a charity program and volunteer day.
- Wellness and social events.
- Professional development and career progression opportunities.
Pay
A reasonable estimate of the base salary range for this role in Massachusetts is $75,000 - $110,000. The base salary offered will be determined on factors such as experience, skills, training, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.