The client is seeking a Counterparty Onboarding Specialist in Illinois for a direct hire role in the financial services industry. The position will support counterparties throughout the full onboarding lifecycle and will execute end-to-end onboarding activities, including due diligence intake, status communication, answering counterparty questions, and escalating issues when needed.
Key responsibilities include managing counterparty onboardings and periodic refreshes from start to finish, serving as the primary point of contact to ensure required information is received and shared, and reviewing or vetting submitted materials to flag inconsistencies as a preliminary check. The role will also liaise with internal teams to gather and disseminate information needed to complete required checks and tasks while maintaining an understanding of how each group contributes to the overall process.
The ideal candidate will have 1 to 5 years of experience in financial services, compliance, or legal, along with a BA/BS or similar discipline in fields such as finance, business, or legal studies. They should have background in KYC requirements and regulations, the ability to analyze and vet counterparty documentation to support account opening, knowledge of financial industry products and trends, and strong relationship management skills. Salary information is included in the original posting.