KYC Specialist

Department: Compliance 

Position Overview:

The Compliance Department at Squarepoint has a wide range of roles and responsibilities that seek to

• Maintain and protect the good reputation of the firm
• Promote a strong culture of compliance and ethical behavior
• Ensure compliance with the multitude of laws and regulations that the firm is subject to

Squarepoint Capital is seeking a talented and experienced KYC Specialist to join our hedge fund's compliance team. The ideal candidate will have expertise in compliance, with a focus on Know Your Customer (KYC) requirements. The KYC Specialist will be responsible for ensuring that Squarepoint’s trading activities comply with regulatory requirements and internal policies, with a particular emphasis on customer due diligence and risk assessment.

• Conduct KYC due diligence on counterparties, customers, and vendors, including reviewing documentation, performing background checks, and assessing the risk profile of each counterparty.
• Develop and implement KYC policies, procedures, and controls in alignment with regulatory requirements and industry best practices.
• Review and analyze client onboarding documentation, including account opening forms, corporate documents, and legal agreements, to ensure compliance with KYC requirements.
• Monitor changes in regulatory requirements and industry standards related to compliance and KYC and update internal policies and procedures accordingly.
• Collaborate with internal stakeholders, including trading desks, legal counsel, and risk management teams, to address KYC-related issues and implement effective solutions.
• Conduct periodic reviews and audits of KYC files and documentation to ensure accuracy, completeness, and adherence to regulatory standards.
• Assist in the development and implementation of technology solutions and systems enhancements to streamline KYC processes and improve efficiency.
• Stay informed about developments in the finance industry, including market trends, geopolitical risks, and emerging compliance issues, and provide insights and recommendations to senior management.

Required Qualifications:

• Bachelor's degree in finance, business, or a related field; or professional certification (e.g., CAMS) preferred.
• Experience in finance, compliance or regulatory roles, with a focus on KYC and customer due diligence.
• In-depth knowledge of regulatory requirements and industry standards related to trading compliance, including anti-money laundering (AML) regulations and sanctions screening.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and communicate complex concepts to non-technical stakeholders.
• Excellent analytical skills and attention to detail, with the ability to review complex documentation and identify potential compliance issues.
• Proven ability to work independently, prioritize tasks, and manage multiple projects simultaneously in a fast-paced environment.
• Familiarity with compliance-related technology solutions and systems, including KYC databases, screening tools, and document management systems.
• High ethical standards and integrity, with a commitment to upholding the highest levels of compliance and regulatory standards.
• Flexibility to adapt to changing regulatory requirements and business priorities, with a proactive and solution-oriented mindset.

This is an exciting opportunity for a dedicated and experienced compliance professional to play a key role in ensuring the integrity and compliance of our trading activities at Squarepoint. If you are passionate about compliance and KYC, and thrive in a dynamic and collaborative environment, we encourage you to apply.