Operations Control Specialist - Broker Onboarding / KYC

Operations Control Specialist - Broker Onboarding / KYC

Operations Control Specialist - Broker Onboarding / KYC

We are seeking a highly skilled and detailed oriented professional to join our firm as an Operations Control Specialist. Your primary responsibility is to facilitate executing broker onboarding process and ensuring compliance with Know Your Customer (KYC) processes. You will leverage your technical expertise and business knowledge to create and manage efficient operational processes and automate manual workflows. In addition, you will use data analytics to create reports and insights for senior management. The position requires meticulous attention to detail, strong organizational and communication skills as well as comprehensive understanding of the financial industry.

Responsibilities

• Liaise across various departments including Legal, Compliance, Execution Services, Treasury, Operations and Middle office to lead onboarding processes

• Oversee KYC process for executing brokers, ensuring compliance with internal policies and regulatory requirements Conduct due diligence on executing brokers, reviewing relevant documentation, conducting risk assessment and perform ongoing monitoring operations

• Manage and maintain all documentation related to executing broker onboarding and KYC processes and ensure accurate up-to-date records of executed agreements, legal documents and compliance related material

• Improve existing workflows by partnering with technology teams to implement business process improvement and automation solutions to reduce manual efforts

• Develop analytics dashboards and automated reports for Senior Management using Tableau or other Business Intelligence software Contribute to the firm's data governance and integrity efforts

Qualifications

• Bachelor's Degree in Finance, Business or Law from a top-tier, accredited university.

• Advanced degree certifications such as CPA, CFA or MBA are a plus

• 8+ years of experience in financial consulting, compliance/legal within banks or large asset management firms

• In-depth working knowledge of broker legal agreements and KYC processes within a bank or large asset management firm

• Solid understanding of capital markets and complex financial instruments or derivatives

• Proficiency in using relevant software and systems, including KYC tools, CRM platforms, and document management systems

• Effective communication skills, both written and verbal, to engage with internal and external stakeholders

• Excellent analytical and problem solving skills, with an ability to assess risks and make informed decisions

• Quick learner with the ability to grasp new concepts and processes quickly Self-starter with solid organizational skills and the ability to multitask effectively

• Able to prioritize in a fast-paced work environment, with a high sense of urgency to meet tight deadlines

The estimated base salary range for this position is $70,000 to $160,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.