Sr. Associate, Investment KYC (AML)

Description

Primary functions and responsibilities

The Senior Associate will play a critical role in execution and supervision of the KYC process in line with FCP Program requirements, inclusive of jurisdictional requirements and third-party fund administrator guidelines. They will be primarily responsible for review and analysis of documentation, screening results, and other information obtained regarding the investor’s structure, business activities, source of wealth and funds, and other risk factors to perform a comprehensive risk assessment of the investor and relevant jurisdictional requirements.

Specific responsibilities will include but are not limited to :

• Directly liaise with investors, investment professionals, portfolio company representatives, internal deal counsel, external counsel, fund administrators and Ares internal constituents to ensure all relevant onboarding documentation and required information is obtained in accordance with the FCP Program.
• Engage with internal business partners and external fund counsel to provide accurate and timely investor KYC status for fund closings.
• Develop, maintain and execute consistent KYC reporting metrics.
• Develop and maintain procedures, documentation and recordkeeping systems for KYC and provide guidance for implementation through collaboration with internal business partners within Business Operations.
• Collaborate on the development and enhancement of technology-based solutions relating to KYC, including a document repository and screening alerts.
• Aid in the review / update of the design of the risk assessment framework to support all customer interactions. Contribute to the improvement of tools to monitor, analyze, and report suspicious activity.
• Maintain and update the FCP Program policies and procedures, in compliance with the respective legal, licensing, and regulatory obligations. Identify and inform of any changes to legislation and other regulatory requirements relating to the FCP Program.
• Assist with identifying any high-risk situations and work with FCP leadership to address.
• Coordinate and support projects to bring increased organization and efficiencies to the FCP Program.
• Train new joiners in relevant processes, assist in cross-training as needed.
• Support and assist with special projects and ad hoc requests / tasks as required.

qualifications

Education :

Experience Required :

General Requirements :

Reporting Relationships

Vice President, Compliance

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.