What are the responsibilities and job description for the Client Onboarding Operations position at VySystems?
- Bachelor's degree in Finance, Commerce, Business Administration, Accounting, or a related discipline.
- Typically 15 years of experience in institutional client onboarding, KYC/AML operations, client lifecycle management, account opening, or financial services operations.
- Strong experience handling institutional and corporate client onboarding within a bank, investment bank, custodian, asset manager, broker-dealer, or financial services organization.
- Demonstrated expertise in complex legal entity structures, beneficial ownership analysis, client due diligence, and regulatory documentation.
- Experience working with onboarding platforms, KYC utilities, client reference data systems, workflow tools, and internal account-opening systems.
- Proven ability to manage escalations, support quality reviews, mentor team members, and improve operational processes.
Technical Knowledge and Skills
- Institutional client onboarding and account-opening procedures.
- KYC, CDD, EDD, AML, sanctions screening, PEP checks, and adverse media review.
- Legal entity structures, ownership hierarchies, and UBO identification.
- FATCA, CRS, and applicable W-8/W-9 tax documentation.
- LEI and relevant institutional client identifiers.
- Client agreements, authorized signatories, account mandates, and static data management.
- Understanding of relevant regulatory frameworks and jurisdiction-specific onboarding requirements.
- Strong analytical skills, attention to detail, risk awareness, and problem-solving ability.
- Excellent stakeholder management, written communication, and escalation-handling skills.
- Proficiency in Microsoft Excel, reporting tools, and workflow management systems.
Preferred Experience
- Experience in institutional banking, global markets, securities services, custody, fund administration, asset servicing, or investment management.
- Exposure to onboarding of hedge funds, private equity funds, mutual funds, pension funds, insurance companies, sovereign wealth funds, and other institutional entities.
- Familiarity with institutional onboarding utilities and industry platforms, such as SWIFT, where relevant to the role, and KYC data or document-sharing utilities.
- Experience with account opening for multiple jurisdictions and product types.
- Knowledge of regulatory frameworks applicable to the relevant markets and client segments.
- Relevant certifications or training in AML, KYC, compliance, or financial services operations.