KYC Analyst

Role: KYC Onboarding Specialist (#14279)

Location: Work from Home, but must be based in Phoenix area. Will be working from home but may be asked to go into the office occasionally.

Duration: 6 Months, 40/hours a week, Extendable depending on performance

Pay Rate: Not to exceed $35/hr on W-2, No benefits

Client: Silicon valley bank.

Responsibilities:

• A KYC Analyst at First Citizens Bank is a client-facing role accountable for all client outreach related to Know Your Customer “KYC” information to satisfy regulatory requirements.
• We serve clients across Technology, Life Science, Wine & Global Fund Banking. This is a First Line of Defense “FLOD” function, partnering close with Second Line of Defense “SLOD”.
• This individual will manage a portfolio of clients, managing all client outreach for KYC tasks and work under the supervision of the KYC Manager.
• A KYC Analyst I is responsible for, but not limited to, the following essential functions:
• In partnership with Relationship Managers and Relationship Advisors, gathers KYC information required to onboard new clients and new entities.
• Communicates to clients KYC requirements; tracks receipt of required data and/or documents; reviews received data / documents to ensure information shared meets regulatory requirements.
• Perform updates on entity profiles on a continuous basis to adhere to sustained compliance with laws and regulations.
• Serves as escalation point for internal teams and clients to resolve outstanding KYC questions & inquiries.
• Performs consistent client follow-up and communication on KYC tasks to ensure any outstanding obligations are completed and satisfied within designated timeframes.
• Tracks receipt of required data and/or documents; reviews received data / documents to ensure information shared meets regulatory requirements.
• Reviews client information received and decisions if data and/or documentation satisfies KYC requirements.
• Determines client outreach approach with the intent to minimize multiple client touch points while ensuring adherence to SVB and regulatory deadlines.
• Demonstrate baseline knowledge of KYC and financial crimes risks and the prevention and mitigation processes and controls.
• Good understanding of customer due diligence (CDD) regulatory requirements that apply to the financial services sector and banking operations.

Skills:

• Ability to work independently, take initiative and have strong verbal and written communication skills.
• Good time management and attention to detail are critical to this position.
• Good analytical, research, organizational, and project management skills; strong individual contributor with the ability to work effectively as a team.
• Flexibility in learning new topics, adapt to change, and meet targeted deadlines.

Requirements:

• Minimum of 2 years banking, risk management, compliance, or client service experience.
• Employee must have close visual acuity to perform an activity such as: reviewing and analyzing information; transcribing; and/or viewing a computer screen.
• Employee may be required to make quick decisions as to when to escalate or directly address a situation, as well as handle the stress of such situations.

Job Type: Contract

Salary: $32.00 - $34.00 per hour

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Ability to commute/relocate:

• Phoenix, NY 13135: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Recruiting: 1 year (Preferred)

Work Location: In person

Salary : $32 - $34