FCC Risk Assessment Analyst, Assistant Vice President, Hybrid

About the position Who we are looking for The FCC Risk Assessment Analyst, AVP will support the Risk Assessment Lead in conducting ongoing enterprise-wide money laundering and sanctions risk assessments. The Risk Assessment, AVP will be responsible for supporting the lifecycle of the annual risk assessment in collaboration with key stakeholders, including compliance and business partners, auditors, and other key constituents. Additionally, the Risk Assessment AVP will execute Legal Entity risk assessments for delivery to local anti-money laundering officers and execute similar risk assessment analyses. This role can be performed in a hybrid model, where you can balance work from home (1 day) and office (4 days) to match your needs and role requirements. 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 FCC Risk Assessment Analyst you will:

Responsibilities

• Contribute to the continued development and maintenance of an enhanced Money Laundering and Sanctions Risk Assessment methodology and framework.
• Drive creation and maintenance of detailed policies, methodologies, and procedures related to the money laundering and sanctions risk assessment process.
• Execute the assessment of the inherent money laundering and sanctions risks and control effectiveness within the established framework to determine residual risk.
• Create and maintain workpapers supporting risk profile analysis, key risk trends, horizon risk analysis and global geopolitical developments.
• Accountable for organizing annual business unit surveys globally, preparing and documenting risk assessment workshops and review take-away actions items.
• Support execution of ad hoc AML and Sanctions risk analyses in partnership with respective subject matter experts to formulate a risk opinion
• Execute legal entity risk assessments globally, including data mining, risk identification, control analysis and entity-specific highlights
• Drive key developments in horizon / targeted risk assessments, sourcing critical data elements, conducting risk analyses, and documenting output via written report and executive management presentations

Requirements

• Able to manage multiple simultaneous tasks in a high pressure, deadline environment.
• Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication.
• Capable of producing high quality and/or final work product and solutions under strict regulatory or management deadlines.
• Able to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment of a leading global financial institution.
• Qualified to collaborate with individuals across business units/lines
• Undergraduate college degree required; post-graduate degree a plus.
• Minimum 5-8 years related experience.
• Prior AML and Sanctions compliance and risk management experience.
• Working knowledge of AML, OFAC, FinCEN, and KYC procedures and regulatory requirements including BSA and USA PATRIOT Act.
• Holistic BSA/AML and Sanctions Risk Assessment experience is required.
• Previous supervisory/managerial experience required.

Nice-to-haves

• Professional certification such as CAMS, RMA, CFE, CPA, CIA, etc

Benefits

• 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

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