Compliance Officer and MLRO, Vice President

Who We Are Looking For

An experienced Compliance professional and Money Laundering Reporting Officer (MLRO) to manage the SSSAFS Compliance and Financial Crimes programmes and provide Compliance advisory support to the SSSAFS business units. The individual will ideally have extensive knowledge of the Capital Market Authority (CMA) regulatory requirements and products offered to clients through SSSAFS. Experience in working in an international capital market institution is preferred.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What You Will Be Responsible For

As Compliance Officer and MLRO you will

• Manage the assessment of Compliance and Financial Crimes risks.
• Execute and deliver on the regulatory compliance oversight programme for SSSAFS, ensuring compliance with the Capital Market Authority (CMA) rules.
• Develop and maintain good working relationships with the SSSAFS business, providing advisory support to assist with regulatory queries, and ensuring closure of any Compliance issues within a timely manner. Consult, advise and support management on compliance and regulatory matters that affect business decisions and the execution of their duties.
• Act as Compliance and Financial Crimes representative in governance committees and forums.
• Produce written reports for Senior Management on the Compliance risk opinion and delivery of the Compliance and Financial Crimes Compliance programmes for SSSAFS, indicating progress achieved and any significant matters requiring attention. Deliver the reports in governance committees and forums, as required.
• Identify training needs and ensure successful implementation of Compliance and Financial Crimes training and education for all relevant staff within the SSSAFS business. Coordinate with the other locations to ensure consistency where appropriate.
• Ensure the effective management of the local Compliance policy framework including review and input to regional/global policies, communication of policies and their key requirements to staff as required. This may include developing, implementing, promoting and maintaining compliance standards and procedures that require employees to act in a compliant manner.
• Keep abreast of regulatory and legislative updates or changes, analyse and interpret the regulation and legislation (new and current as required). Provide de-brief and feedback to peers and business stakeholders as required. Contribute to the GRCM process, as required.
• Play an active role in SSSAFS strategic initiatives, providing expertise on specific regulatory and compliance risks linked to specific projects.
• Foster good relationships and manage ongoing interactions with the CMA (e.g. regulatory inspections, regulatory licences, registered individual applications, regulatory reporting, etc.).
  
  
  

What We Value

These skills will help you succeed in this role

• Risk management
• Influencing others
• Decision making
• Attention to detail
• Teamwork
  
  
  

Education & Preferred Qualifications

• Educated to degree level
• CMA certificates: CME 1 and 2
• Working knowledge of SSSAFS business products and CMA regulatory requirements
• 8+ years of related experience including previous experience managing staff
  
  
  

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

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Job ID: R-772127