AML Specialist , Associate 1
Posted on Mar 15, 2019 by State Street UK
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Purpose of Role:
The AML Shared Services department provides a Customer Due Diligence (CDD) service to State Street Global Services in EMEA. Associate 1 will be responsible for requesting CDD documentation for clients from State Street EMEA sites as well as sourcing other CDD documentation independently from various websites and vendors. Part of the role will include screening clients' names and other parties against various sanctions lists and completing Anti-Money Laundering risk assessment.
- Requesting CDD documentation for clients from State Street EMEA sites,
- Sourcing other CDD documentation independently from various websites and vendors,
- Reviewing and tracking CDD documentation for all customers in line with applicable AML Policies & Procedures,
- Screening clients' names and other parties against various sanctions lists,
- Completing the necessary forms required to support CDD,
- Notifying local management of operational issues,
- Completing Anti-Money Laundering risk assessment using corporate compliance tools prior to account opening and on an on-going basis,
- Engaging with other EMEA State Street offices and providing updates and the necessary reports to State Street EMEA sites,
- Gathering and compiling MIS on clients' and underlying investors CDD,
- Preparing status reports to senior management,
- Updating and maintenance of the team's KYC database.
Work Parameters or Boundaries:
Internal State Street Poland procedures & regulations
Performance Planning and Review System (PPR).
Specific Qualifications / Skills:
- Good language skills in English and one or more of the following languages: French, German, Italian, or Dutch,
- Enquiring mind and ability to investigate and problem solve,
- Excellent organizational and administrative skills - ability to keep meticulous records,
- Ability to communicate confidently, efficiently and clearly in both written and verbal forms,
- Strong time management skills,
- Flexibility in re-prioritizing tasks,
- Excellent Microsoft Excel and Word skills,
- Ability to perform effectively to strict deadlines.
Critical Behaviours for Success as defined by the PPR System at Core level
- Good numerical and analytical abilities,
- Ability to work under pressure and to tight deadlines,
- Excellent attention to detail,
- Good communication skills - both verbal and written,
- Team player,
- Very good English. Disposition
Level of Education:
- Third level qualification, Legal, Finance, or Business related.
Previous Level of Experience:
- Some knowledge of anti-money laundering, know-your-customer process.
- Employee savings plan
- Premium life insurance package
- VIP medical package
- International operating environment
- Language classes
- Soft skills trainings
- Technical workshop
- Development sessions with a mentor
- Diversity of opportunities across a range of challenging and highly complex activities
- Technical or leadership career pathway