Investor Services AML Analyst I - Alternative Investments

Anti-Money Laundering (AML) Operations Assistant

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

• 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.

• 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: $41,060 - $59,760
• US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin: $37,490 - $54,700
• US Employees in all other states not listed above: $33,920 - $49,650

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.

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 View email address on click.appcast.io to let us know the nature of your request.

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