Full-Time
KYC Onboarding Specialist
Confirmed live in the last 24 hours
Old Mission
201-500 employees
Global market maker for illiquid ETFs
Mid, Senior
Chicago, IL, USA
- 2-5 years of relevant work experience with a trading firm, bank, or related financial institution
- Outstanding organizational skills, emphasizing the ability to prioritize and pivot to shifting priorities on demand in a fast-paced environment
- Sound judgement, professionalism, and discretion
- Must be diligent and meticulous, with a strong focus and attention to detail
- Bachelor’s degree in relevant field
- Exceptional written and verbal communication skills with demonstrated experience facing institutional clients
- Ability to work and succeed independently as well as in a team environment
- Onboard institutional clients and counterparties, including annual KYC and account maintenance
- Respond to external onboarding and periodic KYC refresh requests
- Strive to continuously improve the Firm’s onboarding and KYC refresh processes
- Maintain counterparty metadata in the Firm’s proprietary database and other third-party platforms
- Conduct ongoing monitoring of existing counterparties, including investigating and responding to KYC alerts (e.g., PEP status, negative news, sanctions, etc.)
- Ensure all sensitive and confidential information is handled in accordance with Old Mission’s policies
- Keep abreast of changes in regulations impacting counterparty relations, communications, and document retention
- Apply critical thinking and problem-solving skills to prioritize workload and maximize efficiency
- Review existing compliance practices against regulatory requirements and industry best practices
Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of skilled traders and technologists who work collaboratively to ensure efficient transactions. What sets Old Mission apart from its competitors is its emphasis on the human element in trading, which fosters a high level of service and problem-solving capabilities. The company's goal is to align its operations with the long-term interests of its clients and employees, ensuring that they can navigate complex market conditions successfully.
Company Stage
Private
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2008
Simplify's Take
What believers are saying
- Old Mission's significant investments in diverse assets like Li Auto and Bilibili indicate strong financial health and growth potential.
- The company's ability to provide trillions of dollars in liquidity showcases its robust market presence and reliability.
- Working at Old Mission offers exposure to complex and challenging market scenarios, enhancing professional growth and expertise.
What critics are saying
- The focus on illiquid and hard-to-price ETFs could expose Old Mission to higher market volatility and risk.
- The competitive landscape of market making requires continuous innovation to maintain an edge, posing a constant challenge.
What makes Old Mission unique
- Old Mission specializes in the hardest-to-price and most illiquid ETFs, setting it apart from competitors who may focus on more liquid and easier-to-price assets.
- The company's collaborative and humble culture emphasizes the human element, resulting in unmatched service and problem-solving capabilities.
- Old Mission's long-term alignment with clients' and employees' interests fosters a stable and committed workforce, unlike firms driven by short-term gains.
Benefits
Competitive Salary
Discretionary bonus
Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm
401(k) with employer match
Full stocked kitchen, free breakfast and lunch everyday on-site
Tuition reimbursement
Flexible Spending Plan
Commuter Benefit Program