AML Onboarding Associate

Responsibilities

• Gather and analyze information collected at account onboarding in accordance with the Firm’s Customer Identification Program (CIP) and Customer Due Diligence (CDD) Program requirements and assess customer risk.
• Review and validate customer identification documents (e.g. government-issued IDs, formation documents, beneficial ownership records)
• Research and address AML questions from the Active Division onboarding team.
• Resolve identity verification exceptions and escalate red flags appropriately.
• Ensure timely and accurate documentation of CIP / CDD results within the Firm’s books and records.
• Conduct CDD reviews, including customer risk assessments based on business type, geography, products, services and expected activity.
• Perform periodic and event-driven CDD refreshes in accordance with regulatory and internal requirements.
• Identify high risk customers and escalate cases that required Enhanced Due Diligence (EDD).
• Review and disposition of ongoing monitoring alerts including sanctions, PEP and adverse media alerts.
• Experience and Skills:
• Bachelor’s Degree or equivalent.
• 2-5 years of experience in client onboarding for a retail broker-dealer
• Familiarity with KYC, CIP and CDD rules.
• Experience with onboarding platforms and screening tools (World Check, CLEAR)
• Strong attention to detail and ability to analyze customer information and documentation.
• Ability to identify issues and design effective solutions to address them.
• Excellent verbal and written communication skills.
• Self-starter and team player who is comfortable working in a fast-paced environment.
• We Offer:
• The Base Salary Range for this role is $95,000-$110,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.
• At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.
• Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.