Anti-Money Laundering - Senior Associate

State Street · Banking & Financial Services

Bangalore, India; Hyderabad, India
On-site
Posted 2 days ago
Apply by 29 Nov
Legal & Compliance

Who we are looking for:

Looking for AML KYC professional who understand and can provide end-to-end support to perform KYC to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI).

Why this role is important to us:

The team provides a Customer Due Diligence (CDD) service to State Street business unites utilizing the KYC Share Services. The department is tasked with verifying the identity of customers of State Street business units, risk profiling those customers from a money-laundering perspective completing money-laundering risk reviews and providing KPI and KRI reporting to Compliance and the businesses -CDD must be completed in accordance with State Street Anti-Money Laundering Compliance policies and process. CDD is completed on all clients, customers and accounts and sub-accounts (collectively “Customers”) of State Street. This is a permanent position within the department in Bangalore.

What you will be responsible for:

Perform KYC reviews on all entity types

Should have good knowledge on Search engines such as world check, Prime

Ability to analyze complex ownership structures to determine risk exposure and applicable KYC/AML requirements

Ability to perform effectively to strict deadlines

Additional skills in reporting/work allocation and other metrics data would add value

Teamwork and collaboration skills: ability to work effectively with others to enhance team efficiency and quality outcomes.

Must have percentage of quality min of 99%.

Ability to communicate confidently, efficiently and clearly in both written and verbal forms

Should be flexible with shifts (including night shifts if required)

What we value:

These skills will help you succeed in this role:

Good knowledge of AML and KYC regulations like FATF, FATCA, Bank Secrecy Act etc.

Strong communication, interpersonal, organizational, and time management skills

Ability to analyze investment guidelines and policies to determine testing requirements

Excellent communication, organization, interpersonal planning, and analytical skills

Deadline and detail oriented

Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills

Education & Preferred Qualifications:

Graduate and above preferably in Finance

Hands on experience on complete KYC process

Secondary Skills (Good to Have)

Any Certificate on AML fields like ACAMS, ICA etc.

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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