Anti-Money Laundering, Officer

State Street; Quincy (MA); Hybrid; USD 65,000 - 113,750; Full time

Benefits offered by this job

401K match

Comprehensive insurance

Paid time off

Employee Assistance Program

Performance-based awards

Tax-advantaged savings plans

Job summary

State Street is seeking an Officer to manage the client AML KYC periodic review process, working with senior and peer managers to ensure regulatory requirements are met for all reviews assigned. This hybrid role allows balance of work from home and office to match needs and role requirements.

You will coordinate with the CaRRs team for best practices, communicate with clients, and drive timely resolution within the 90-day cycle. Excellent organizational and communication skills are essential.

Qualifications

• University degree in Accounting, Finance, Business Administration, Legal, Audit or equivalent professional qualifications or experience.
• Strong attention to detail and appreciation for completing work ‘right first time’ against daily deadlines.
• Understanding of customer service excellence and a ‘can do’ attitude with strong written and oral communication skills.
• Keen to learn and develop and enjoy being part of an energetic and growing team.
• Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint.

Responsibilities

• Coordinate and drive timely resolution of Periodic Reviews with stakeholders.
• Coordinate with the CaRRs team for best practices, changes to legislation and jurisdictional uplifts.
• Communicate with Clients or assist the BU/RM with external asks and coordination of resolutions.
• Plan the Client KYC initiative, driving timely resolution of cases with business teams.
• Ensure adherence to the 90-day cycle periodic review process and keep cases from going overdue.
• Collaborate with other stakeholders in KYC process to manage queries and escalations.

Skills

AML/KYC knowledge

Communication skills

Leadership

Teamwork

Project coordination

Negotiation

Multi-tasking

Education

Bachelor's degree or equivalent

Tools

MS Office Suite

MS Excel

Job description

Who we are looking for

As Officer you will be managing the client AML KYC periodic review process, working closely with senior and peer managers to ensure that regulatory requirements are met for all reviews assigned. This role requires knowledge of the regulations impacting client anti‑money laundering / know your customer regime. Experience in a client facing role is a plus.

Job Description

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

What this role is important to us

The team you will be joining is part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder record‑keeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

What you will be responsible for

• Working with internal and external stakeholders to co‑ordinate and drive timely resolution of Periodic Reviews
• Co‑ordination with the CaRRs team to ensure effective communication of best practice, changes to legislation and jurisdictional uplifts
• Communicating directly with Clients or assisting the BU/RM with the communication needed for external asks to Clients and coordination of the resolution of any contentious requests
• Project planning of the Client KYC initiative, driving timely resolution of cases and working with the business teams to close down open issues
• Ensuring adherence to the 90‑day cycle periodic review process, ensuring KYC cases do not fall overdue and effectively managing cases to the verification state
• Working with other stakeholders in KYC process to ensure queries and queues are being managed effectively and escalation where appropriate

What we value

• Sound procedural and technical knowledge of AML/KYC is required.
• Excellent administrative, organizational and business support skills, with the ability to multi‑task and to work calmly under pressure.
• Strong written and verbal communication skills
• Well‑developed negotiation, influencing, decision‑making, planning and coordination skills.
• Proactive and able to work independently and as part of a team
• Proven interpersonal, communication and leadership skills.
• Team player, ability to build consensus and to motivate others.
• Ability to develop and maintain business relationships within the business unit and cross locations.
• Strong understanding of the AML/CFT regulatory framework and compliance requirements is a benefit for this role.

Education & Preferred Qualifications

• University degree in Accounting, Finance, Business Administration, Legal, Audit or equivalent professional qualifications or experience.
• Strong attention to detail and appreciation for completing work ‘right first time’ against daily deadlines.
• Understanding of customer service excellence and a ‘can do’ attitude with strong written and oral communication skills.
• Keen to learn and develop and enjoy being part of an energetic and growing team.
• Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint.

Salary Range

$65,000 - $113,750 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, the applicable range could differ.

Benefits

• 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 the Employee Assistance Program.
• Incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans).
• Eligibility for certain tax‑advantaged savings plans.

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.

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.

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.