Compliance Monitoring & Surveillance, Assistant Vice President, Hybrid

The Expanding Market Surveillance team in US Boston/UK London is seeking an experienced and technically proficient individual with strong trading expertise to support increasing business demands. The Global Financial Crimes Compliance Market Surveillance team oversees State Street’s Foreign Exchange (FX), Equity, GlobalLink, Global Treasury, and Securities Lending businesses, focusing on communication and transaction reviews, investigations, and market trend analysis. 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. We are open to hire in Boston, US (4 days on site per week) or London, UK (2 days on site per week).

The team you will be joining plays an important role in the overall success of the organization. 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 teams like yours to help navigate employees and the organization as a whole. In your role, you will strive for cutting-edge solutions that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

As Trade Surveillance Analyst you will:

• Design and implement advanced market surveillance rules across various business lines, particularly FX SWAP transactions.
• Analyze market trends and patterns across FX, equity, and fixed-income transactions to identify potential risks and anomalies.
• Review and investigate alerts generated by monitoring systems to determine their validity and take appropriate actions.
• Collaborate and conduct thorough investigations with other team members and departments to gather information.
• Optimize market surveillance alert parameters, leveraging extensive trading knowledge.
• Prepare and present reports on surveillance findings and recommendations to stakeholders or regulators.
• Work closely with Compliance and Legal teams to ensure all regulatory requirements are met.
• Monitor and analyze trade data for accuracy and completeness.
• Maintain accurate and detailed records of surveillance activities and findings.
• Proactively identify potential areas of improvement and suggest solutions to enhance surveillance procedures.
• Maintain confidentiality and adhere to all data privacy and security protocols.
• Communicate effectively with team members and management to provide updates on surveillance activities and escalate any issues or concerns.
• Act as a subject matter expert on trade surveillance and assist with any ad-hoc projects or tasks as needed.

These skills will help you succeed in this role:

• In-depth knowledge of FX Trading Strategies, Trade Surveillance and regulatory compliance, particularly FX Markets and Swap products.
• Strong analytical skills to identify trading patterns, detect market abuse, and conduct complex investigations with the ability to liaise effectively with trading desks and senior stakeholders.

Education & Preferred Qualifications:

• Bachelor’s degree in Finance, Economics, Math, or related discipline.
• 3-5 years of experience in Trading, Securities Lending, or Compliance, with a deep understanding of FX products and trading cycles.
• CFA or FRM is a plus.
• Proficient in any foreign languages is not mandatory but a plus.

Additional requirements:

• Proficient in analyzing large datasets to detect anomalies and generate actionable insights.
• Expertise in trading system analytics and market surveillance tools.
• Knowledge of SQL or Actimize Surveil-X is a plus.

We offer a wide range of benefits, including:

• Medical
• Prescription Drug
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSAs)
• Dental
• Vision
• Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
• Employee-Paid Long-Term Disability
• Critical Illness Insurance
• Accident Insurance & Hospital Indemnity Insurance
• Business Travel Accident Insurance
• Short-Term Disability
• Identity Theft Protection
• Legal Benefits
• BeWell Programme
• Paid Time Off
• Employee Assistance Program (EAP)
• Salary Savings Program (SSP)

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfill all of them when applying. If you like change and innovation, seek to see the bigger picture, make data-driven decisions, and are a good team player, you could be a great fit.

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance, and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

We truly believe our employees’ diverse backgrounds, experiences, and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs, and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.