At a Glance
- Tasks: Support financial crime compliance and provide expert advice to manage risks effectively.
- Company: Join State Street, a global leader in institutional investing.
- Benefits: Flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Other info: Be part of a diverse team that values your contributions and empowers your growth.
- Why this job: Make a real impact in financial crime compliance while growing your career.
- Qualifications: 7+ years of FCC experience and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ per year.
To support the UK MLRO / EMEA Head of Financial Crimes Compliance (FCC) in the effective discharge of regulatory responsibilities, and the delivery of the FCC programme in the UK. The role provides independent oversight, expert advice, and constructive challenge to the business, to ensure financial crime risks are effectively identified, assessed, and managed in line with the firm’s risk appetite and regulatory obligations.
Responsibilities
- Provide independent second line oversight and advisory support across AML, sanctions and broader financial crime risks.
- Support the design, implementation, and ongoing effectiveness of the UK FCC programme across all business lines.
- Advise and challenge business and compliance stakeholders on complex financial crime risk matters.
- Support the UK MLRO in regulatory decision‑making, reviews, approvals and issue escalation of the following (but not limited to): Customer / enhanced due diligence and ongoing monitoring; Sanctions, PEP and negative news screening / assessments; Policy exception waivers.
- Contribute to the development and maintenance of a multi‑year financial crimes compliance strategy, aligned to regulatory expectations and business objectives.
- Assist in the execution of local and enterprise wide AML and sanctions risk assessments and related reporting.
- Represent FCC at governance forums and cross‑functional committees, providing subject matter expertise and credible challenge.
- Support regulatory examinations, inquiries, and other supervisory engagements relating to financial crime.
- Identify emerging financial crime risks, and support the development of proportionate and risk‑based solutions.
- Support and advise business with new business proposals approval requests and flag any financial crime concerns.
- Other ad-hoc key initiatives that relate to new business opportunities and emerging financial crime risks.
Qualifications
- University degree or equivalent industry experience.
- 7 years plus FCC experience, including providing financial crime compliance advisory services to the business.
- Previously worked in a bank (e.g. investment, corporate, asset manager or retail).
- Knowledge of wider financial crime risks e.g., bribery and corruption, money laundering / counter terrorist financing and sanctions.
- Proven ability to work independently.
- Strong analytical and computer skills.
- Knowledge of and experience with UK’s financial crime regulatory framework.
- Attention to detail.
- Curiosity.
- Critical thinking.
- Common sense.
- ACAMS or ICA certification preferred.
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.
UK Financial Crimes Compliance Advisory, Assistant Vice President employer: State Street Corporation
State Street is an exceptional employer that prioritises the growth and well-being of its employees, offering a dynamic work culture where every individual is valued and empowered. With a strong commitment to professional development, flexible work-life support, and vibrant employee networks, you will find ample opportunities to thrive in your career while contributing to meaningful financial crime compliance initiatives in the UK. Join us to be part of a forward-thinking team dedicated to shaping the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land UK Financial Crimes Compliance Advisory, Assistant Vice President
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like State Street Corporation looking for candidates who are engaged and informed.
We think you need these skills to ace UK Financial Crimes Compliance Advisory, Assistant Vice President
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at State Street Corporation. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at State Street Corporation
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with State Street Corporation’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
