Business Analyst-Level 1 - Associate (0 - 5 Years)
Mindlance, North Palm Beach, Florida, United States, 33408
Know Your Customer (KYC) Analyst (Early Career)
High-Level Job Overview
The KYC Analyst supports the annual Know Your Customer (KYC) verification process for an energy trading firm by collecting, validating, and documenting customer and counterparty information in accordance with internal policies, regulatory expectations, and risk-based due diligence standards. This role partners closely with Commercial, Credit, Trading Operations, Legal/Compliance, and Risk teams to ensure timely completion of periodic reviews, accurate customer records, and clear audit-ready documentation. The ideal candidate has strong attention to detail, comfort working with deadlines and data, and an interest in financial crime prevention and counterparty risk within commodity/energy markets.
Key Responsibilities
Assist with
annual KYC refresh / periodic review
activities for customers, counterparties, and vendors (as applicable).
Request, collect, and review KYC documentation (e.g., corporate formation documents, ownership structure, tax forms, authorized signers).
Perform
customer identity and entity verification , including screening for sanctions, adverse media, PEPs, and watchlists using approved tools.
Validate beneficial ownership, control persons, and key principals; elevate discrepancies and higher-risk findings to senior analysts or Compliance.
Maintain accurate KYC profiles in internal systems (CRM/KYC platforms), ensuring documentation is complete and
audit-ready .
Track case status, follow up on outstanding items, and support reporting for completion metrics and upcoming renewals.
Apply risk-based procedures and internal standards to classify counterparties (e.g., risk tiers) and recommend next steps.
Support internal and external audit requests by retrieving evidence and summarizing review decisions.
Contribute to continuous improvement initiatives (checklists, templates, process documentation) to streamline annual verification cycles.
Collaborate with front office and enabling functions to resolve exceptions and keep onboarding/refresh timelines on track.
Key Skills Technical / Functional
Working knowledge of KYC, customer due diligence (CDD), periodic reviews, and basic AML/financial crime concepts
Understanding of corporate structures (LLCs, partnerships, trusts) and beneficial ownership concepts
Familiarity with screening concepts (sanctions, watchlists, PEPs, adverse media) and case documentation standards
Strong data management skills; ability to maintain accurate records and version-controlled documentation
Comfort with common tools: Excel (filters, pivots), document management systems, CRM/KYC platforms
Core Competencies
High attention to detail and strong organizational skills
Clear written communication (professional outreach, documenting decisions and rationale)
Ability to prioritize and manage deadlines in a high-volume annual refresh cycle
Sound judgment, curiosity, and willingness to elevate risks or inconsistencies
Collaborative mindset—able to work effectively with Commercial, Credit, and Compliance partners
Applicable Experience (Less Than 5 Years) Candidates are likely to be successful with
0–4 years
of experience in one or more of the following:
KYC/AML operations, customer due diligence, client onboarding, or periodic review teams
Counterparty risk support, credit operations, trade support, or middle office functions
Compliance operations, regulatory documentation, or audit support roles
Financial services, commodities/energy trading, banking, fintech, or corporate treasury environments
Internship/co-op experience in compliance, risk, operations, or legal support
Education & Preferred Qualifications
Bachelor’s degree in Finance, Business, Economics, Accounting, Criminal Justice, International Studies, or related field (or equivalent experience)
Preferred: exposure to commodities/energy markets, counterparty onboarding, or credit/treasury workflows
Preferred: familiarity with KYC tools and screening platforms (any equivalent systems acceptable)
EEO: “Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”
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Key Responsibilities
Assist with
annual KYC refresh / periodic review
activities for customers, counterparties, and vendors (as applicable).
Request, collect, and review KYC documentation (e.g., corporate formation documents, ownership structure, tax forms, authorized signers).
Perform
customer identity and entity verification , including screening for sanctions, adverse media, PEPs, and watchlists using approved tools.
Validate beneficial ownership, control persons, and key principals; elevate discrepancies and higher-risk findings to senior analysts or Compliance.
Maintain accurate KYC profiles in internal systems (CRM/KYC platforms), ensuring documentation is complete and
audit-ready .
Track case status, follow up on outstanding items, and support reporting for completion metrics and upcoming renewals.
Apply risk-based procedures and internal standards to classify counterparties (e.g., risk tiers) and recommend next steps.
Support internal and external audit requests by retrieving evidence and summarizing review decisions.
Contribute to continuous improvement initiatives (checklists, templates, process documentation) to streamline annual verification cycles.
Collaborate with front office and enabling functions to resolve exceptions and keep onboarding/refresh timelines on track.
Key Skills Technical / Functional
Working knowledge of KYC, customer due diligence (CDD), periodic reviews, and basic AML/financial crime concepts
Understanding of corporate structures (LLCs, partnerships, trusts) and beneficial ownership concepts
Familiarity with screening concepts (sanctions, watchlists, PEPs, adverse media) and case documentation standards
Strong data management skills; ability to maintain accurate records and version-controlled documentation
Comfort with common tools: Excel (filters, pivots), document management systems, CRM/KYC platforms
Core Competencies
High attention to detail and strong organizational skills
Clear written communication (professional outreach, documenting decisions and rationale)
Ability to prioritize and manage deadlines in a high-volume annual refresh cycle
Sound judgment, curiosity, and willingness to elevate risks or inconsistencies
Collaborative mindset—able to work effectively with Commercial, Credit, and Compliance partners
Applicable Experience (Less Than 5 Years) Candidates are likely to be successful with
0–4 years
of experience in one or more of the following:
KYC/AML operations, customer due diligence, client onboarding, or periodic review teams
Counterparty risk support, credit operations, trade support, or middle office functions
Compliance operations, regulatory documentation, or audit support roles
Financial services, commodities/energy trading, banking, fintech, or corporate treasury environments
Internship/co-op experience in compliance, risk, operations, or legal support
Education & Preferred Qualifications
Bachelor’s degree in Finance, Business, Economics, Accounting, Criminal Justice, International Studies, or related field (or equivalent experience)
Preferred: exposure to commodities/energy markets, counterparty onboarding, or credit/treasury workflows
Preferred: familiarity with KYC tools and screening platforms (any equivalent systems acceptable)
EEO: “Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”
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