Anti-Money Laundering, Off

Recruiter
State Street.
Location
Bangalore, India
Salary
Not disclosed
Posted
11 Feb 2021
Closes
24 Feb 2021
Ref
R-655357
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Our Company

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $28.47 trillion in assets under custody and administration and $2.42 trillion in assets under management as of September 30, 2014, State Street operates globally in more than 100 geographic markets and employs 29,510 worldwide. For more information, visit State Street's website at www.statestreet.com.

Promoting a culture of excellence

With more than 29,510 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. Our company values reflect our commitment to employee engagement, Global Inclusion and corporate social responsibility — to help you build a fulfilling career. Around the world, we aim to be an employer of choice by offering competitive compensation and benefits, personal and professional development opportunities, and a work environment that promotes a diverse array of people, ideas and skills.

We’re a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us — people like you.

State Street supports flexible work arrangements where determined feasible, consistent with business and operational needs. Subject to an individualized assessment of these considerations, roles may be identified as potentially suited for a flexible work arrangement. Requests for a flexible work arrangement can be made upon hire. All employees at State Street have the ability to request flexible work arrangements, with the final decision based solely on business discretion and subject to management approval. More information is available at http://www.statestreet.com/about/careers/work-life.html.

We encourage you to explore the possibilities that a career at State Street can offer you.

State Street is an Affirmative Action/Equal Opportunity Employer. Applicants are considered for all positions without regard to race, color, religion, national origin, ancestry, ethnicity, age, disability, sexual orientation, gender, gender identity, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status or other characteristics protected by applicable law.

Job Description

Major Responsibilities:

The Senior Manger oversees and supports Functional Compliance’s Financial Intelligence Unit

(FIU) India. The FIU team is responsible for monitoring of potentially suspicious transactions and escalations where suspicious activity is present. The Analyst works independently on assignments within the scope of established guidelines practices and consults with senior staff where clarification or exception to policy may be required and may provide functional guidance to less experienced staff. Individuals work independently on complex projects and issues. The FIU India is now supporting the securities side of the investigations.

  • Manage AML India FIU teams
  • Oversee for the AML FIU India teams and perform, as necessary, transaction alert dispositioning, which may include executing research, investigation, and analysis of AML risks
  • Collaborate with AML FIU India team leads to promote overall AML FIU India program effectiveness
  • Identify opportunities for effectiveness and efficiency gains and lead/partner to deliver solution
  • Work and support escalations to the USA FIU
  • Ensure AML FIU India team executes program requirements
  • Ensure AML FIU India team creates and deliver trainings on new AML rules, regulations, and metrics for various audiences
  • Support regulatory exams and requests for information
  • Participate in leadership and working groups
  • Reporting to the USA FIU on stats and ensuring that the KPIs are performed well (keeping in green status) for the alert handling and securities preparations.
  • Qualifications

    Education/ Certifications:

  • Associate or Bachelor’s degree or equivalent with focus in business, accounting, finance, compliance, or financial crime, preferred
  • ACAMS or similar certification, preferred
  • Competency in standard office suite of programs for in-person and remote work environments
  • Securities expertise an asset
  • Skills and Experience:

  • Exceptional Team Management and has the ability to ensure the teams are working together and forming a “team feeling”
  • Strong knowledge of AML requirements and internal AML operational processes and procedures
  • Sound knowledge of bank services, products and internal operating systems
  • Trade knowledge helpful in securities, equities for example
  • Strong analytical and problem-solving skills
  • Effective oral and written communication skills 
  • Partnership mentality and strong work ethic
  • Proficiency in word and excel
  • Sound working knowledge of performing internet searches
  • For further information, and to apply, please visit our website via the “Apply” button below.

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