KYC Senior Specialist, Associate 2

State Street; Kraków; On-site; PLN 61,000 - 75,000; Full time

Benefits offered by this job

Permanent contract from day one

Gold Medical Package for employees and

Private pension plan

Job summary

State Street is seeking a KYC Operations professional to support the end-to-end AML/KYC lifecycle for new onboarding, reviews, and event-driven checks. You will collect and analyze client data, perform screening, and execute risk assessments to meet AML standards.

You will collaborate with Front Office, maintain 4-eyes QA controls, and contribute to awareness trainings while supporting regulatory examinations and ad hoc projects.

Qualifications

• Advanced knowledge of AML/KYC regulations and processes.
• Experience with CIP/CDD/EDD and risk assessments is preferred.
• Ability to source and verify KYC documentation from multiple sources.

Responsibilities

• Perform KYC for onboarding and ongoing reviews.
• Create KYC profiles in system of record.
• Screen entities against sanctions lists and risk indicators.
• Coordinate with Front Office to obtain necessary documentation.
• Conduct EDD on high-risk customers and maintain QA checks.
• Participate in AML awareness training and reporting.

Skills

AML/KYC knowledge

Attention to detail

Interpersonal skills

Excel / Word

English proficiency

Additional languages

KYC profiling

Team collaboration

Tools

World-Check

LexisNexis

Job description

Purpose Of Role

The KYC Operations team primary role is to support Business Units in the timely and accurate delivery of the end to end AML / KYC process for onboarding new customers / accounts, completion of periodic reviews and event driven reviews of existing customers / accounts to comply with State Street's AML Policy and Standards.

Purpose Of Role

The KYC Operations team primary role is to support Business Units in the timely and accurate delivery of the end to end AML / KYC process for onboarding new customers / accounts, completion of periodic reviews and event driven reviews of existing customers / accounts to comply with State Street's AML Policy and Standards.
The team provide Customer Identification Program (CIP), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) services to State Street’s Business Units globally.
The KYC Team is tasked with collecting and analyzing client data, documents and publicly available information on State Streets’ new and existing clients, including the screening of entity names against various sanctions lists and performing the Customer Anti-Money Laundering risk assessment.
Within quality assurance tasks KYC Team aim to minimize regulatory, monetary and reputational risk by ensuring accuracy and completeness of KYC records through a 4 eyed quality assurance process.

Specific Duties

• Perform Know Your Customer due diligence in line with applicable AML Policies, Standards & Procedures, prior to account openings and on an on-going basis
• Create KYC profiles in the system of record
• Complete the necessary forms required to support CIP / CDD and quality assurance
• Screen client names and other parties in line with State Street Screening Standards
• Source required CDD documentation independently from various internal and external sources (regulatory websites, company websites, Banker’s Almanac, Lexis Nexis, World Check etc.) and assist team members with the same;
• Cooperate closely with Front Office employees to request all other required CDD documentation from customers
• Validate CDD documentation provided by customers
• Complete Customer AML risk assessments using corporate compliance tools and methods
• Meet agreed KRI / KPI targets for KYC profile reviews, and/or agreed targets for quality assurance reviews, escalating when required
• Complete and validate enhanced due diligence on high risk customers / accounts
• Perform EDD monitoring and PEP analysis as required
• Perform 4-eyed quality assurance checks of KYC records for accuracy / completeness before verification;
• Within quality assurance responsibility validate that State Street AML Policies, Standards & Procedures with respect to CIP / CDD are adhered to and that KYC Specialist conclusions are clear, complete and supported by necessary documentation, information and screening results
• Attend, participate and assist in facilitating AML awareness training sessions across the team to continue to enhance the quality of deliverables
• Ensure all assigned tasks are correctly maintained on designated tracking / reporting tool
• Provide updates to stakeholders upon request
• Assist with external regulatory examinations or testing
• Follow the speak up, listen up values - including timely escalation of AML concerns, suspicious activity or any corporate policy breaches
• Notify local management of operational issues
• Support ad hoc and/ or strategic projects as required
• Maintain role‑specific knowledge of the current anti-money laundering and financial crime risks and issues through completion of the annual AML Academy, and any other financial crime training deemed applicable to the role
  

Specific Qualifications / Skills

• Advanced knowledge of anti-money laundering / know-your-customer regulations and processes
• Knowledge of State Street procedures and requirements would be an advantage
• Intellectual curiosity for continuous learning around AML and KYC
• Excellent interpersonal, organizational and administrative skills
• Good communication skills, ability to provide a constructive feedback
• Good Microsoft Excel and Word skills
• Very good language skills in English
• One or more of the following language skills would be an advantage: French, German, Italian, Dutch, Arabic
• KYC process experience for different entity types, such as Trusts, Hedge Funds, regulated entities, SPV etc. would be an advantage (2+ years)
• Experience of analysing complex ownership structures to determine risk exposure and applicable AML/KYC requirements, including jurisdictional uplifts is desirable
• Experience with Prime, World Check, Lexis-Nexis and other negative news searches would be an advantage
• Advanced knowledge on entity/transaction screening and sanction laws (for Ongoing Screening only)

Note: The role requires a minimum of three days per week working from office

Minimum Salary

zł68,004 Annual

The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.

Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.

In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.

We Offer

• Permanent contract from day one
• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
• Gold Medical Package for employees and their families (partner and children)
• Premium life insurance package and private pension plan
• Wide range of soft skills training, technical workshops, language classes and development programs
• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
• Variety of well-being programs
• Additional benefits available depending on the seniority of the role

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 ID: R-798623