Senior Expert Financial Crimes Compliance m​/f​/d, Vice President

Overview

Who We Are Looking For Becoming part of the Financial Crimes Compliance (FCC) team of State Street Bank International GmbH (SSBI), you will drive and shape the future of the firm’s policies, procedures, systems and controls to prevent and detect financial crimes. The role sits within SSBI’s FCC function and the role holder will take over responsibilities in further developing the program set-up and support the SSBI Group Money Laundering Reporting Officer (MLRO) with a diverse set of tasks and varying projects.

The role can be performed in Frankfurt or Munich, in an office-centric hybrid model.

Why this role is important to us The team you will be joining plays an important role in the overall success of the organization and will be a key contributor to the regional and global FCC program. 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.

As Senior Expert Financial Crimes Compliance (FCC) you will be accountable for overseeing the implementation and maintenance of effective global and local policies, procedures, systems and controls in accordance with the global and local laws, regulation and guidance to enable SSBI to identify, assess, monitor and manage money laundering and other financial crimes risks.

Specifically, You Will

• Provide advice and challenge to first line of defense in their creation, maintenance and development of effective systems, controls, policies, procedures and training in order that SSBI complies with Financial Crimes related regulatory and legal requirements
• Ensure the design and execution of the SSBI business risk assessment is in line with local regulatory requirements and provides a holistic assessment of SSBI’s inherent financial crime risks and the effectiveness of the controls that have been implemented to manage those risks
• Ensure that new, or amended regulatory obligations, industry guidance and best practice applicable to SSBI jurisdictions are appropriately assessed and reflected in its operating procedures and controls
• Perform quality assurance reviews for the overall SSBI FCC framework and steer holistic remediation activities
• Manage and support internal and external audits and inspections as well as major regulatory implementation projects
• Be a trusted advisor and technical expert to SSBI’s business lines and relevant functions on financial crime risks and emerging issues

These skills will help you succeed in this role

• Strong interpersonal, communication, project and people management skills
• Proven ability to work independently and adapt quickly in handling multiple/evolving tasks as a result of new engagements and/or re-prioritized deadlines
• Demonstrable problem solving and decision-making skills in particular when advising SSBI’s business units on the financial crimes risk and issues impacting SSBI’s business operations
• Deep understanding of core financial crimes risks, in particular money laundering, Know-Your-Customer (KYC) processes and economic sanctions as well as fraud and ABC
• Recent experience providing advice or guidance on the application of FCC related laws and corresponding controls
• Strong written and verbal communication skills
• Self-motivation and the ability to work independently together with different internal and external stakeholders
• Strong leadership and organizational skills
• Ability to multi-task and be responsible for different tasks / projects
• Strong relationship management skills

• 10+ years of relevant industry experience in banking or financial services
• University degree or equivalent, preferably with a legal background, or significant prior experience as an MLRO or Financial Crimes…