Investor Services AML Analyst I - Alternative Investments

Duties & 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.

Knowledge & Skills

MINIMUM:

• 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.

PREFERRED:

• Knowledge of BSA and the US Patriot Act
• Knowledge of IRS Form W-9, W-8 and CRS certifications.

Requirements

MINIMUM:

• 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.

PREFERRED:

• Clerical experience in a financial services environment.

Work Environment:

Typical office environment

Supervision/Management: 

None

Compensation Ranges:

US Employees in California, Washington DC, New Jersey, and New York:

US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:

US Employees in all other states not listed above:

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

UMB offers competitive and varied benefits to eligible associates, such as 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; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to [email protected] to let us know the nature of your request.

If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.