Head of Financial Crimes Compliance for Ssbi and Eu - Munich, Deutschland - State Street

State Street

Geprüftes Unternehmen

Munich, Deutschland

vor 2 Wochen

Geschrieben von:

Lena Wagner

beBee Recruiter

Beschreibung

Who we are looking for

A seasoned financial crimes compliance ("FCC") technical expert and leader with the drive and gravitas to serve in this critical role as the Head of FCC for State Street Bank International (SSBI) in Germany and its eight European Branches to shape the future of the firm's policies, procedures, systems and controls to prevent and detect financial crime. The role sits within State Street's Global FCC function and the role holder will also have the regulatory responsibility in Germany as the Money Laundering Reporting Officer ("MLRO").
This role can be performed in a hybrid model (23 days on site per week), where you can balance work from home and office to match your needs and role requirements.
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 be a key contributor to 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 you and your team to drive for cuttingedge financial crime risk management solutions, that are straightforward and scalable. You will help us build resilience and demonstrate day to day risk excellence. 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 SSBI's Head of FCC and MLRO, Managing Director, 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 and Branches comply with AML / Fin Crime 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 implement to manage those risks
Ensure that new, or amended regulatory obligations, industry guidance and best practice applicable to SSBI are appropriately assessed and reflected in its operating procedures and controls
Serve as primary contact with SSBI's regulators and relevant authorities in respect of AML, sanctions and counterterrorist financing risks and issues
Be the accountable person for (1) the receipt and evaluation of internal unusual activity referrals that might indicate money laundering or terrorist financing, and, (2) making external Suspicious Activity/Transaction Reports
Be a trusted advisor and technical expert to SSBI's senior management / EMB and the wider Corporate Compliance and FCC functions on financial crime risks and emerging issues, via the provision of regular reporting to the SSBI's risk and governance committees, as well as the applicable regional / global FCC forums
Embed effective oversight and monitoring procedures for AML services SSBI's has outsourced to other group entities, or third parties
Manage and motivate a team of Branch MLROs and AML Officers and demonstrate the ability to influence and build consensus via dual reporting lines where relevant
Take a leadership role in industry forums and collaborate with AML professionals outside State Street to address common challenges or changes in regulation
What we value
These skills will help you succeed in this role
Strong interpersonal, communication, project and people management skills and the technical knowledge and curiosity to influence and build consensus
Proven ability to work independently and adapt quickly in handling multiple/evolving tasks as a result of new engagements and/or reprioritized deadlines
Demonstrable problem solving and decisionmaking skills in particular when advising SSBI's senior management on the financial crime risk and issues impacting SSBI's business operations
Education & Preferred Qualifications
To degree or equivalent level, preferably with a legal or accountancy background, or significant prior in experience as an MLRO, or equivalent
10+ years of experience in regulatory oversight, financial crime compliance risk management preferably with experience working in a global systemically important financial institution governed by EU regulations
Sound knowledge of the financial crime risks associated with the asset and investment servicing products of custody bank
Preferably fluent in both English and German
What we offer
Wide range of benefits, including:
Participation in annual bonus program
Car allowance or company car
Occup