New Accounts - Open Accounts Associate II

Interactive Brokers Group
Mumbai
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceEducation: bachelorsSkills: ["Attention to detail","Independent work","Risk-based judgment","Time management","Cross-functional collaboration"]

Support the KYC Refresh program by performing periodic, risk-based due diligence on existing client accounts across EDD and non-EDD categories. Conduct contextual profile reviews, rigorous Source of Wealth (SOW) assessments, and entity-level KYC for complex structures (LLCs, Trusts, EU/APAC). Manage the restriction cycle end-to-end within tight SLAs and collaborate with Compliance, Risk, and Relationship Management to resolve complex KYC cases and support audits.

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FursaFursa
Interactive Brokers Group
Interactive Brokers Group
1 month ago

New Accounts - Open Accounts Associate II

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Source: Company careers pageValidated by: Fursa AI
Last checked: 15 hours agoStatus: Live

Job Summary

Support the KYC Refresh program by performing periodic, risk-based due diligence on existing client accounts across EDD and non-EDD categories. Conduct contextual profile reviews, rigorous Source of Wealth (SOW) assessments, and entity-level KYC for complex structures (LLCs, Trusts, EU/APAC). Manage the restriction cycle end-to-end within tight SLAs and collaborate with Compliance, Risk, and Relationship Management to resolve complex KYC cases and support audits.
Location: Mumbai
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Independently manage KYC reviews for Enhanced Due Diligence (EDD) and non-EDD accounts across diverse client types.
  • •Perform in-depth contextual reviews of client profiles, including trading activity, business operations, risk exposure, and complex ownership structures across asset classes.
  • •Conduct Source of Wealth (SOW) reviews by assessing documentation credibility, adequacy, and consistency with stated trading and financial profiles.
  • •Handle KYC Refresh for complex entity types (LLCs, Trusts, EU and APAC entities) using jurisdiction-specific documentation standards.
  • •Own the restriction cycle end-to-end by tracking deadlines, prioritizing workloads under SLAs, and escalating emerging risk patterns with cross-functional teams.

Pay and Benefits

Equity and Bonus:Equity
Perks:Health InsuranceLife InsuranceAnnual BonusMeal AllowancePickup DropHardship Allowance

Key Requirements

  • •Bachelor’s degree or equivalent vocational qualification, or demonstrable experience in finance, compliance, operations, or related fields.
  • •Demonstrated competency in AML, KYC, compliance, or related areas via professional certification or industry qualification (desirable).
  • •Familiarity with EDD processes, Source of Wealth (SOW) reviews, and entity-level KYC for LLCs and EU/APAC entities.
  • •Apply strong risk-based judgment while maintaining accuracy and attention to detail in a fast-paced environment.
  • •Manage multiple priorities and meet time-sensitive deadlines under tight SLAs.
Experience:FinanceComplianceOperations
Education:Bachelor's
Skills:Attention to detailIndependent workRisk-based judgmentTime managementCross-functional collaboration
Certifications:AMLKYCCompliance

Company Brief

Interactive Brokers Group
Operates an electronic trading platform providing brokerage services for individuals and institutions across global markets, offering equities, options, futures, forex, bonds, and related clearing and custody services with advanced trading technology and low-cost executions.
Industry: Trading Platforms
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Greenwich, United States
Founded: 1977
WebsiteLinkedIn