Client Onboarding Officer

at  Maples Group Legal Services

OVERVIEW

The Maples Group is a standard bearer in financial and legal services, trusted by many of the world’s largest hedge fund managers, private equity firms and international corporations.
Our distinction flows from our carefully curated team: 2,500+ professionals characterised by tenacity, ethics and exacting excellence. Operating in key financial centres across the Americas, Asia, Europe and the Middle East, our international presence offers a unique springboard for career development and cross-cultural immersion. Our side-by-side financial and legal services are similarly ripe for interdisciplinary learning and growth.
The Maples Group looks to add a Jersey based Client On-Boarding Officer to our team and invites eager and qualified candidates to apply. We are committed to diversity, inclusion and equality of opportunity as we attract, retain and develop world-class talent.

The Leeds based Client On-Boarding Officer reports to the Maples and Calder Jersey Partners and will be managing the Know Your Client due diligence and general operational compliance process for clients and matters of the firm in order to ensure that it is at all times compliant with the provisions of relevant compliance legislation and regulations in Jersey. Primary responsibilities include:

• Attend to Know Your Customer ("KYC") related queries received from relevant Maples employees, KYC parties and/or the Jersey Compliance Team
• Establish strong communication lines with relevant Maples employees, in particular the Legal Team, Finance Team and the Compliance Team in order to ensure that the matter lifecycle is managed in accordance with the firm’s suite of Compliance policies and procedures
• Ensure that compliance queries from the Legal, Finance and Compliance Teams are dealt with professionally, efficiently and in a timely manner
• Evaluate new clients and related KYC parties in order to understand the nature of business, ownership and control structure and identify any higher-risk areas
• Ensure that:
• Appropriate KYC documentation for clients and KYC parties is obtained in compliance with Jersey standards; including verification of ultimate beneficial ownership
• KYC documentation is maintained in accordance with internal policies and procedures
• Enhanced Due Diligence policies and procedures are followed wherever higher-risk triggers are identified, escalating the matter to the Compliance Team, as appropriate
• Clients and KYC parties have been entered into the internal KYC system
• The Risk Assessment Forms are completed accurately within the required SLAs
• Non-compliant clients and KYC parties are identified and reported to the CO as appropriate and that steps are taken to remediate outstanding KYC information in an efficient and timely manner
• Conduct periodic reviews and manage the periodic review schedule
• Monitor the closure status of matters post-billing and dealing with the Compliance requirements for client billing queries
• Conduct manual screening on related third parties using the firm’s screening solution, escalating potential true matches to the Compliance Team
• Assist the Compliance Team in reviewing first-line Financial Crime Compliance policies and procedures to ensure that they comply with relevant jurisdictional AML, CTF and Sanctions requirements
• Identifying, assessing and addressing, where possible, KYC issues requiring escalation to the Compliance Officer
• Dealing with any other compliance-related queries as assigned by the Legal Team