Who we are looking for
We are looking for an Financial Crimes Compliance Advisor, Assistant Vice President, to join our Financial Crimes Compliance team, mainly supporting the Transfer Agency function. You will be responsible for providing an efficient and effective compliance service and to promote and to assist the company in meeting its regulatory obligations.
The role requires you to ensure effective compliance risk monitoring and regulatory advisory service is provided to all areas of the State Street business, to management companies and auditors. Also, it requires regular liaison with various operational departments within the company at group level, with our business partners, sister companies and/or delegates and auditors.
Finally you will support your team to monitor the AML/CTF regulatory framework in order to ensure the relevant Compliance risks and requirements are captured and actively communicated to the relevant teams across the company.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
Why this role is important to us
You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.
Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.
What you will be responsible for

As Financial Crimes Compliance Advisor you will

• Actively follow AML-CTF regulatory developments, participating in relevant meetings and provide your Manager and team with updates
• Support the State Street FCC AML-CTF program as it applies to the Transfer Agency function with a view to identifying, analysing and preventing compliance risks within State Street business activity.
• Implement compliance strategy: Ensure systems and procedures are effective for AML and KYC compliance, enabling business growth.
• Liaise with regulatory bodies (e.g. CSSF, FIU, Ministry of Finance) and ensure timely and accurate reporting through e-desk, e-file and through direct communication.
• Review and update of relevant internal AML-CTF policies and procedures
• Perform gap analysis for each AML-CTF regulation/law reviewed to assess impact on the Transfer Agency business and ensure all related actions are followed up until completion
• Review of PEP, High risk and correspondent relationship and provide Day to day Compliance assistance on request from the business teams, the State Street leadership
• Review/update regulatory AML-CTF training materials and, where required, deliver compliance induction/annual training and awareness programs to staff.
• Represent State Street Compliance in regulatory, clients forums and on industry working groups
• Assist your team to manage and deliver internal and external reporting within deadlines
• Assist your team to solve compliance issues related to the Business and Compliance team
• Ensure culture and behaviours are aligned to achieving regulatory and risk excellence

What we value

These skills will help you succeed in this role:

• Sense of initiative with ability to work autonomously and capacity to provide transversal support to the team
• Strong decision-making ability and effective communication skills.
• Administrative and business support skills, with the ability to multi-task and to work calmly under pressure
• A clear and analytical methodical approach to problem-solving; organization skills for oneself and others; willingness to assume additional tasks in order to share workload within team/department; meet tight deadlines with initiative and team-oriented spirit
• Excellent communication skills - Fluent in English (other European languages are an added value, especially French)
• Collaborative in approach with strong emphasis on delivery and executionProactive, organised, self-reliant, flexible

Education & Preferred Qualifications

• Degree in Law, Finance or Business
• Compliance qualification/certification in general compliance and/or AML
• Over 5 years of experience in compliance roles within Transfer Agency or financial sector in general
• Some understanding of AML/KYC, compliance, audit and/or regulatory
• Strong knowledge of the European and Luxembourg regulatory requirements including AML/CTF regulations

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.

LI-Hybri

• Sense of initiative with ability to work autonomously and capacity to provide transversal support to the team
• Strong decision-making ability and effective communication skills.
• Administrative and business support skills, with the ability to multi-task and to work calmly under pressure
• A clear and analytical methodical approach to problem-solving; organization skills for oneself and others; willingness to assume additional tasks in order to share workload within team/department; meet tight deadlines with initiative and team-oriented spirit
• Excellent communication skills - Fluent in English (other European languages are an added value, especially French)
• Collaborative in approach with strong emphasis on delivery and executionProactive, organised, self-reliant, flexibl