Client Onboarding KYC Specialist

    Nashville, TN 37201

    Job Description

    Job Reference #


    Business Divisions

    Group Functions

    Your role

    Are you organized and detail oriented?

    We are looking for a Client Onboarding Specialist to:

    •Liaise with internal personnel on the application of KYC policy
    •Understand the 5 pillars of an AML program
    •Maintain knowledge of appropriate BSA and OFAC laws and regulations
    •Liaise with internal teams to discuss UBS KYC/AML requirements, policy and document client information
    •Interact with clients and internal teams to obtain KYC and other compliance information and documentation;
    •Liaise with internal teams to ascertain information on the purpose of client accounts, transaction volumes etc.;
    •Review incoming documents for clients according to UBS KYC /Anti-Money Laundering Program (AML) policies
    •Retain records of all information relied upon to complete KYC
    •Perform basic, additional and enhanced due diligence KYC reviews for new and existing customers
    •Escalate any unusual activity / transaction activity changes to compliance and the business
    •Review and evaluate recent negative news related to clients
    •Ensure UBS has a clear understanding of the clients KYC risks
    •Understand how risk factors impact client risk rating
    •Understand how sanctions, ABC, terrorist financing impact the risk profile of the client
    •Act as a subject matter expert in the execution and implementation of KYC rules and polices
    •Understand Investment Bank products and services
    •Escalate issues to management as appropriate
    •Report as needed to regional/local control committees on challenges, progress, etc
    •Handle sensitive and confidential information in accordance to UBS firm policy
    •Have knowledge of writing comprehensive reports detailing results of QC / audit and defining executable actions


    Client Onboarding KYC Specialist



    Job Type

    Full Time

    Country / State

    United States - Tennessee

    Function Category


    Join us

    We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.

    Disclaimer / Policy Statements

    UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

    Your team

    You'll be working with the Client Onboarding KYC team. Our team is front office/client-facing and is responsible for coordinating with clients for KYC documentation collection, analysis, and reviews to ensure the firm's ongoing compliance with AML policy. We operate as part of a cross-product team and help to support all functions in their timely execution of responsibilities.

    Your expertise

    •4 year degree
    •5-7 years of experience in conducting KYC for institutional clients; preferably some understanding of Correspondent Banking as well
    •Ability to analyze client information and documentation to facilitate account opening
    •Understanding of rules, regulations and regulatory requirements (Bank Secrecy Act / US Patriot Act / OFAC)
    •Organizational skills, detailed oriented, motivated, and ability to work independently
    •Strong written and verbal communication skills
    •Time management skills and the ability multitask
    •PC proficient (MS Office) and extensive knowledge in online research
    •Dedicated team player with a can-do attitude
    •Troubleshoot and resolve issues in a timely manner
    • Attention to detail
    •AML Certification (ACAMS) or other AML / Compliance certification


    About us

    Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.

    We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?

    Your colleagues

    Posting ID: 559419451Posted: 2020-07-08