Yuly Zambrano
About Yuly Zambrano
Yuly Zambrano serves as an Operations Officer at HSBC Bank, where he has worked since 1999. He holds multiple degrees in Accounting and Finance and is responsible for managing compliance, documentation, and reporting for various banking operations.
Work at HSBC
Yuly Zambrano has been employed at HSBC Private Bank since 1999, serving as an Operations Officer for 25 years. In this role, Zambrano is responsible for generating weekly and monthly reconciliation management reports that detail all completed transactions. Additionally, Zambrano processes various tax documentation forms, including W-8 Ben, W-8 IMY, W-9, and 1099 forms. The position requires managing the review and approval process for documentation necessary for account openings, ensuring compliance with regulatory requirements such as the OFAC and the Patriot Act.
Education and Expertise
Yuly Zambrano has a solid educational background in accounting and finance. Zambrano studied at Hostos Community College (CUNY), earning an Associate in Applied Science (AAS) in Accounting. Subsequently, Zambrano attended Baruch College, City University of New York (CUNY), where a Bachelor of Business Administration (BBA) in Accounting was achieved from 1999 to 2002. Zambrano also holds a CPA's Award, indicating a commitment to professional excellence in accounting. Furthermore, Zambrano studied to become a Notary Public in the State of New York in 2006.
Compliance and Risk Management
In the role of Operations Officer, Yuly Zambrano is responsible for ensuring compliance with the Bank Secrecy Act and Know Your Customer (KYC) policies, which are critical for preventing money laundering activities. Zambrano manages the documentation review process for account openings, ensuring all requirements are met. This includes utilizing international fraud filtration techniques, such as World Check, to verify client accounts and mitigate risks associated with financial transactions.
Client Communication and Documentation Control
Zambrano utilizes language skills to communicate effectively with an overseas client base within the Client Documentation Control unit at HSBC. This role involves maintaining data across multiple in-house and external systems, including EPIC, SEI, BIMAS, and ADP. Zambrano's responsibilities include conducting analysis of rates and maturity dates on investment tools, such as Time Deposits and Managed Call accounts, ensuring that clients receive accurate and timely information.