AML Transaction Monitoring Senior Manager, Vice President

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Who we are looking for

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 Manager, Vice President, your main responsibility will be to present and demonstrate soundness of AML transaction monitoring program tools and architecture to senior internal stakeholders (i.e. risk, audit) and regulators.

To achieve this, you will help engineer state-of-the-art models, methods, and features required to support transaction monitoring and across other AML functions, in part via migration to and utilization of cloud-based capabilities. You will document, monitor, and report on the performance of the models to key stakeholders. While leading the data science 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 set the roadmap to support both business line transparency and AML compliance needs.

This role can be performed in a hybrid model (4 days on site, 1 day remotely) to balance your needs and the role requirements. Permissible offices locations are : Boston and Quincy, MA; Princeton and Clifton, NJ; Stamford, CT; Irvine and Sacramento, CA; Kansas City, MO; Berwyn, PA; Austin, TX.

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.

Major Responsibilities :

Key aspect of the role is to present and demonstrate soundness of AML transaction monitoring program tools and architecture to senior internal stakeholders (i.e. risk, audit) and regulators

Support AML and business stakeholders with the development of analytic insights and models that are thoroughly tested and documented

Foster confidence in the accuracy and effectiveness of models and processes through continuous challenge and ongoing monitoring

Consume data from AML stakeholders including the FIU to translate qualitative AML risk factors into responsive risk models leveraging new technology

Synthesize data into features and analytic frameworks to support ongoing financial crime risk mitigation strategies

Support the application of economic, quantitative, and statistical skills in the development of models to support profitable growth while mitigating financial crime risk

Develop statistical models and algorithms to identify data anomalies and support risk identification efforts

Analyze and maintain appropriate data sourcing and management options to support a variety of models and applications

Leverage strong business and communication skills to identify and resolve data gaps, code issues, while mining data for insights and patterns

Education / Certifications :

Bachelor's degree in a quantitative discipline, such as Mathematics, Physics, Statistics, Finance or related field, advanced degree preferred

6+ years of experience in data management, data forensics, reference or transactional data management, data governance, data engineering data architecture, data modeling or data analysis experience

Experience with MDM tools or products (e.g. SAP MDG, Informatica, etc)

Strong SQL, R, Python, experience required

Proficiency with Actimize, Fircosoft, DataBricks, AWS, Informatica, and related database tools and technology preferred

Proficiency with banking and financial markets preferred

Experience :

Experience in influencing critical business outcomes in a matrix based, global environment

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

Familiarity with data privacy laws and controls (like : GDPR)

Skills :

Excellent verbal and written communication and collaboration skills to effectively communicate with both business and technical development teams

Strong networking skills and ability to work across multiple organizations to accomplish diverse goals

Strong skills leading teams and building positive business partner relationships

Drive and commitment to the mission

Comfortable working in a fast-paced, results-oriented environment

Results oriented

Innovative and Analytical

Customer focused

Salary Range :

$140 000 - $222 500 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.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes : our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https : / / hrportal.ehr.com / statestreet / Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com / careers

Read our CEO Statement

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.

]]>