What are the responsibilities and job description for the Counterparty Onboarding Analyst - Bala Cynwyd position at Veritas Partners?
Our client, an investment firm in Montgomery County, PA, is currently seeking a Counterparty Onboarding Analyst to join their growing team. The Counterparty Onboarding Analyst will ensure that counterparties and vendors are onboard in accordance with regulatory and internal guidelines.
Responsibilities
Qualifications
Responsibilities
- Serve as a key point of contact for counterparties and vendors throughout the onboarding process
- Conduct KYC/CDD and EDD reviews, including risk assessments, sanctions, PEP, and adverse media screening across onboarding, event-driven, and periodic reviews
- Vet payment instructions for domestic and international wire transfers and EFTs across U.S. dollars and foreign currencies, ensuring accuracy and timely completion
- Escalate issues according to procedures while owning the resolution, and keeping management informed on progress
- Maintain accurate KYC records, support transaction-related inquiries, advise business stakeholders, and assist with process improvements, and other ad hoc projects
Qualifications
- Bachelor's degree is preferred
- 1–3 years of experience within a financial institution, preferably in a KYC-related role, with strong analytical skills and stakeholder coordination experience
- Excellent analytical and problem-solving skills, with the ability to identify issues and translate findings into actionable recommendations
- Strong organizational, written, and verbal communication skills, with meticulous attention to detail and the ability to collaborate cross-functionally
- Sound judgment, professionalism, and discretion, with the self-motivation to work independently and take initiative
- Proficiency in Excel is required, and familiarity with Fenergo is preferred