Wealth Financial Intelligence Unit Investigator, Assistant Vice President

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 Financial Intelligence Unit Investigator you will

• Investigations with an understanding of cash movements, bonds, mutual funds, ETFs, stocks, options, etc.
• Familiarity with transaction monitoring analysis/typologies related to high-net-worth individuals/entities
• Act as subject matter expert to provide specialist advice, guidance and direction to team members on Securities, Broker Dealer money laundering, market abuse, suspicious cash movements, and other illicit activity.
• Developing investigation reports, case dispositions and recommending courses of action.
• Investigations relating to breaches of securities laws, governance and compliance matters.
• Investigations into improper or unauthorized trading and market manipulation.
• Manage assigned investigations ensuring timely and prompt recommendations (SAR/No SAR, escalation recommendations such as Account Closure) and reports are made to management.
• Coordinate in-depth research and documentation when unusual activity is detected.
• Provide recommendations to senior management on actions/strategies to mitigate money laundering, market abuse, or other illicit activity.
• Conducting effective presentations to various groups, both large and small Analytical (problem solving) skills with good objectivity and discretion.
• Assist in providing guidance to staff to ensure the timely resolution and appropriate documentation of routine problems. Assist in training and developing new staff.
• Cultivate a positive, team-oriented approach to FIU operations.
• Foster sound relationships with business units.

What we value

These skills will help you succeed in this role

• Understands AML typologies involving cash, investments and overall risk relevant to broker-dealers.
• Ability to review the various systems utilizing data analytics techniques.
• Securities Courses – benefit.
• Some knowledge of the securities industry and operations.
• Strong understanding of investment products such as bonds, mutual funds, stocks, ETFs, options, etc.
• 5 > years of relevant business experience in AML compliance, cash, and/or securities.
• Analytical (problem solving) skills with good objectivity and discretion.
• Analyze general AML and security-based risk and identify potential instances of suspicious activity (financial, reputational, and regulatory).
• Strong communication skills ability to deal with management and staff.
• Exceptional organizational skills with the ability to execute work assignments quickly and proficiently.
• Demonstrated exceptional level of accuracy and detail for reporting.
• PC literacy, with good working knowledge of the Microsoft office applications (Access, Word, Excel).

Education & Preferred Qualifications

• Bachelor’s degree or equivalent with focus in business, accounting, finance, or economics required.
• ACAMS Certification Preferred

Salary Range:

$80,000 - $140,000 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.

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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.