State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management, market research and trading. With $28.4 trillion in assets under custody and administration and $2.48 trillion in assets under management State Street operates in 29 countries and more than 100 geographic markets and employs over 29,000 worldwide promoting a culture of excellence.
At the moment we are looking for candidates for
AML Specialist , Associate 1
Location: Kraków, małopolskie
JOB ID: R-593648
to join the insource organization supporting the State Street EMEA
Why State Street Bank Poland?
Operating in Europe since 1970 State Street services clients in multiple locations. State Street Bank Poland was established in 2007 in Kraków. Today State Street Bank Poland employs over 2000 staff members at three sites across the city. Our Kraków office provides investment fund accounting and related services to clients of multiple State Street locations and business units across Europe. We offer positions in a challenging, rapidly changing and international environment. There are multiple opportunities to gain experience in diverse areas of the investment fund cycle. State Street offers a significant scope for personal growth and career progression. Throughout your career at State Street you will be provided with a wide range of training opportunities and internal mobility options as well as individual development plans, attractive benefits and an excellent remuneration package. The continuous development of our employees from day one is critical as we continually seek to develop and expand the local management team and create future leaders from within.
Grow your career at State Street
From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. We’re a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have – on our clients, our communities and each other.
We’re committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.
Purpose of Role:
The AML Shared Services department provides a Customer Due Diligence (CDD) service to State Street Global Services in EMEA. Associate 1 will be responsible for requesting CDD documentation for clients from State Street EMEA sites as well as sourcing other CDD documentation independently from various websites and vendors. Part of the role will include screening clients’ names and other parties against various sanctions lists and completing Anti-Money Laundering risk assessment.
- Requesting CDD documentation for clients from State Street EMEA sites,
- Sourcing other CDD documentation independently from various websites and vendors,
- Reviewing and tracking CDD documentation for all customers in line with applicable AML Policies & Procedures,
- Screening clients’ names and other parties against various sanctions lists,
- Completing the necessary forms required to support CDD,
- Notifying local management of operational issues,
- Completing Anti-Money Laundering risk assessment using corporate compliance tools prior to account opening and on an on-going basis,
- Engaging with other EMEA State Street offices and providing updates and the necessary reports to State Street EMEA sites,
- Gathering and compiling MIS on clients’ and underlying investors CDD,
- Preparing status reports to senior management,
- Updating and maintenance of the team’s KYC database.
Work Parameters or Boundaries:
Internal State Street Poland procedures & regulations
Performance Planning and Review System (PPR).
Specific Qualifications / Skills:
- Good numerical and analytical abilities,
- Ability to work under pressure and to tight deadlines,
- Excellent attention to detail,
- Good communication skills – both verbal and written,
- Team player,
- Very good English.
Level of Education:
- Third level qualification, Legal, Finance, or Business related.
Previous Level of Experience:
- Some knowledge of anti-money laundering, know-your-customer process.
- Employee savings plan
- Premium life insurance package
- VIP medical package
- International operating environment
- Language classes
- Soft skills trainings
- Technical workshop
- Development sessions with a mentor
- Diversity of opportunities across a range of challenging and highly complex activities
- Technical or leadership career pathway
To apply to this position, follow the "apply now" link. To locate this position in our application page, please use the KEYWORD search functionality and insert either the State Street Job ID or the Location.
As a first step we ask all candidates to fill out our online application form. Please enclose the CV in English and remember to save this document without any Polish characteristics also in file name.