AML Transaction Monitoring Senior Analyst, Vice President, Hybrid (Finance)
Our Company
State Street Corporation is building a transformational Anti-Money Laundering (AML) program by executing innovative and effective transaction monitoring strategies. As an AML Transaction Monitoring Senior Analyst, you will help support and document the performance of state-of-the-art models, methods, and features. You will support the validation, monitoring, and performance reporting of transaction monitoring models to key stakeholders, as well as other Financial Crimes processes. As a member of the transaction monitoring team, you will leverage leading technology to develop POCs and test software efficacy based on industry experience across the AML and bank risk technology space. You will also play a significant role in partnering with business units, data stewards, and IT teams for a better understanding of the customer journey across multiple lines of business and determine priorities to support both data transparency and AML compliance needs.
This role can be performed in a hybrid model (4 days on site in Boston branch, 1 day remotely) to balance your needs and the role requirements.
Major Responsibilities:
- Support compliance and business stakeholders with the development of documentation related to models, strategies, and procedures
- Foster confidence in the accuracy and completeness of models and processes through ongoing documentation and confirmation of anti-money laundering processes as the business evolves
- Assure compliance with enterprise initiatives and standards (e.g. completion of model inventories, coordinate the implementation of enterprise policies, etc.)
- Prepare documentation and presentations that explain complex processes for supervisory audiences
- Leverage strong business and communication skills to identify and resolve anomalies within data, code, or metrics.
Education/Certifications:
- Bachelor's degree in Mathematics, Economics, Business, Finance or related field.
- 6+ years of experience in anti-money laundering compliance, data management, data analysis, and transaction monitoring
- Knowledge of financial crime platforms including Actimize, Fircosoft, DataBricks, AWS, and related technology preferred
- Proficiency with banking and financial markets preferred
- Excellent verbal and written communication and collaboration skills to effectively communicate with both business and technical development teams
- Experience working with data and analytic solutions and the science behind them, either as a builder/provider of these solutions or as a client that uses them.
- Strong skills leading initiatives and building positive business partner relationships
- Strong networking skills and ability to work across multiple organizations to accomplish diverse goals
- Demonstrated ability to influence critical business outcomes in a matrix based, global environment
- Comfortable working in a fast-paced, results-oriented environment
- Familiarity with anti-money laundering laws and controls
- Drive and commitment to the mission
- Results oriented
- Innovative and Analytical
- Customer focused
Wide range of benefits, including:
- Medical
- Prescription Drug
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Dental
- Vision
- Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
- Employee-Paid Long-Term Disability
- Critical Illness Insurance
- Accident Insurance & Hospital Indemnity Insurance
- Business Travel Accident Insurance
- Short-Term Disability
- Identity Theft Protection
- Legal Benefits
- BeWell Programme
- Paid Time Off
- Employee Assistance Program (EAP)
- Salary Savings Program (SSP)
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$100 000 - $167 500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
Salary Minimum: 100000Salary Maximum: 167500