UMB Bank is seeking an Investor Services AML Analyst I to assist with operations related to anti-money laundering processes for alternative investment clients. The role involves ensuring compliance with AML guidelines, processing investor-related transactions, and acting as a resource for client inquiries.
Responsibilities
- Under direct supervision, assist with routine operations related to investor services functions, specifically related to anti-money laundering (AML) processes, for multiple alternative investment clients and funds
- Ensure that prospective investors meet AML guidelines and have completed documentation according to the fund requirements when processing investor-related transactions, including subscriptions, transfers and re-registrations
- Complete archival of investor and client documentation ensuring a full audit trail exists for subsequent retrieval
- Identify and resolve problems within established guidelines
- Correspond with the fund and investors regarding onboarding documentation
- Act as a resource for client and investor inquiries regarding their documentation
- Understand the policies and procedures of the AI department
- Understand the various product types being supported
- Understand the AML requirements as applicable to both domestic and offshore funds
- Participate in projects/project teams
- Other duties as assigned
Skills
- Strong organizational skills
- Basic Microsoft Office skills
- Demonstrate strong attention to detail
- Ability to work under extreme deadlines
- Exhibit good analytical and problem-solving skills
- Demonstrate strong written and verbal communication skills
- Demonstrate initiative both independently and within a team
- Exhibit good communication skills and the ability to see a task through to completion
- Demonstrate good work habits and attendance and follow policies and procedures
- Associate degree or two years of post-high school education. High school diploma or equivalent and directly related work experience may be considered in lieu of an associate degree or two years of post-high school education
- Knowledge of BSA and the US Patriot Act
- Knowledge of IRS Form W-9, W-8 and CRS certifications
- Clerical experience in a financial services environment
Benefits
- Paid Time Off
- A 401(k) matching program
- Annual incentive pay
- Paid holidays
- A comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- An employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- An associate wellbeing program
- An associate emergency fund
- Various associate banking benefits
Company Overview
UMB Financial Corporation is a commercial bank that offers various financial services. It was founded in 1913, and is headquartered in Kansas City, Missouri, USA, with a workforce of 1001-5000 employees. Its website is https://www.umb.com/.