Global Banking & Markets Operations - Client Onboarding - Associate - Bengaluru Bengaluru · Ind

GLOBAL BANKING & MARKETS - INVESTMENT BANKING

We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.

As a division, our strategic objectives include:

• To be the world’s preeminent investment bank – trusted advisor, financier and risk manager for our clients on their most important transactions
• Build long-term relationships with clients and bring them world-class execution by “delivering the firm” over time
• Drive superior returns for our stakeholders
• Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace

Operations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

IBD Loan Servicing is a high-value support and risk management team in Operations that is responsible for life cycle events and cash movement on a large portfolio of Bank Loans (Par, Distressed and Trade Claims) across several revenue divisions.

We are looking for a highly motivated, detail oriented professional looking to apply their due diligence skills while also learning about the changing regulatory landscape. As part of our Investment Banking (“IB”) Client Onboarding team this individual will assist with conducting due diligence on clients, collect and review required documentation to align with expected policy standards, as well as helping with ad hoc initiatives.

This position offers the opportunity to mitigate risks at the firm while collaborating with colleagues across the Investment Banking Business, Operations and Compliance.

The Client Onboarding team is a part of the first line of defense and is responsible for detection and escalation of potential AML / CTF risks by ensuring KYC information is adequately obtained and validated. The team enables business by ensuring that relevant KYC checks are completed in time and achieves success through close partnerships with other control functions (Compliance, Internal Audit), line teams, and Technology.

The Client OnBoarding (COB) team sits within Global Banking & Markets (Private) and facilitates the transition process of new clients to the Firm across a wide range of business areas and products. The Team’s primary function is to perform reviews to ensure compliance on all aspects of the on-boarding process, including Know Your Customer [KYC] & Regulatory policies. Through the course of our review process, we partner with key stakeholders (Compliance, Business, Legal) to onboard new clients with a focus on efficiency, control, and excellent client service.

As a member of the IB COB team, you will gain an overall understanding of the client onboarding space while developing functional skills related managing client relationships. You will work closely with teams across Operations, Compliance, Engineering and revenue groups. You will gain an understanding of the firm's businesses and the rules and regulations under which the firm operates.

• Undertake AML checks to ensure adherence to all Compliance policies, procedures and regulatory obligations
• Support team manager in day-to-day oversight as well as strategic initiatives
• Interact with the Client Onboarding teams across other divisions, members of Compliance, Technology, and revenue groups on KYC / CIP matters
• Risk and issue identification and escalation
• Identify, define and enhance process efficiencies which will benefit Client Onboarding
• Participate in regular meetings with Management, Compliance and Quality Assurance to maintain strong relationships across the board
• Participate in ad…