BNY Client Onboarding Specialist Interview Questions and Answers for Experienced

Client Onboarding Specialist manages the process of bringing new clients onboard.

• Responsible for gathering client information and ensuring compliance with regulations

• Coordinates with various departments to set up client accounts

• Provides support to clients during the onboarding process

• Maintains accurate records and documentation

• Communicates with clients to ensure a smooth onboarding experience

Capital market is a financial market where long-term securities are traded. KYC is a process of verifying customer identity. CDD is a process of assessing customer risk.

• Capital market is a market where companies and governments raise long-term funds through the issuance of securities.

• KYC (Know Your Customer) is a process of verifying the identity of a customer to prevent fraud, money laundering, and terrorist financing...read more