Embankment

Lead Onboarding and AML Officer to Embankment

On behalf of Embankment, we are seeking a skilled and proactive Lead Onboarding and AML Officer to take the lead in developing and overseeing onboarding processes, ensuring compliance with the latest AML/CFT regulations, and providing a seamless experience for investors across Scandinavia.

About Embankment                                       
Embankment is a cutting-edge asset servicing company based in Scandinavia, specializing in fund administration, and depositary services for alternative investment funds and managers. With a global outlook, Embankment aims to transform the administrative burden faced by fund managers into streamlined, value-driven operations. By leveraging a cloud-based technology platform, Embankment delivers a full suite of connected, automated, and efficient services, empowering clients to focus on core investment activities while ensuring administrative tasks are handled seamlessly.

Free from legacy systems, Embankment combines domain expertise with best-of-breed solutions to offer a next-generation service experience tailored to the needs of alternative investment managers. The platform supports a diverse range of asset classes, including private equity, venture capital, real estate, infrastructure, and renewable energy, enabling fund managers to optimize their operations and enhance investor satisfaction.

The position
As the Lead Onboarding and AML Officer, you will play a critical role in safeguarding their customers from being used for financial crime, particularly money laundering and terrorism financing. Your primary responsibilities will also include ensuring all onboarding procedures are in strict compliance with both local and international regulations, particularly those in the Nordic region. You will also work closely with technology teams to enhance and optimize the digital onboarding process, ensuring that investors receive an exceptional and seamless experience. You will be a key contributor to the development and implementation of policies and procedures that ensure the safety and compliance of the firm’s operations.

Your responsibilities include:

• Leading the onboarding process for their customers’ investors, ensuring that all KYC (Know Your Customer) requirements are met in full compliance with local and international regulations.
• Overseeing the KYC process for more complex investors and providing recommendations for onboarding in these cases.
• Collaborating with tech teams to continuously improve the digital onboarding flow, ensuring a first-class experience for investors.
• Monitoring and staying ahead of AML/CFT regulations, especially within the Nordic countries, and applying them effectively to the onboarding process.
• Analyzing and assessing ownership structures, control systems, and the origin of funds and wealth to ensure compliance with AML and KYC regulations.

Your profile
The ideal candidate will have a relevant advanced degree, such as in law, economics, or a related field. You have a background in AML/CFT, with extensive experience in KYC, and a deep understanding of regulations in the Scandinavian market. You are both compliance-driven and passionate about using technology to enhance regulatory processes. Previous experience in onboarding clients and investors within the banking or investment industries is essential, along with a strong background in policy development and the implementation of business processes. A professional command of English, both written and spoken, is also required.

We are looking for a proactive, self-driven individual who can take ownership of a crucial area within the organization. You should be a strong communicator with the ability to collaborate effectively across teams and countries. Your enthusiasm for technology and interest in digitalizing compliance processes for AML/CFT will be highly valued. This role provides an exciting opportunity for an individual who thrives in a dynamic, compliance-driven environment and is eager to make an impact in shaping the future of digital onboarding and regulatory compliance.