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Senior Expert Financial Crimes Compliance m/f/d, Vice President

  • Job
    Full-time
    Expert Level
  • Legal
    Banking & Finance
  • Munich
  • Quick Apply

AI generated summary

  • You need 10+ years in banking or finance, a relevant degree, expertise in AML, KYC, Sanctions, strong communication and leadership skills, and the ability to manage multiple tasks independently.
  • You will oversee financial crimes compliance, provide advice on controls and policies, assess risks, manage audits, and support regulatory projects while guiding business lines on compliance issues.

Requirements

  • 10+ years of relevant industry experience in banking or financial services
  • University degree or equivalent, preferably with a legal background, or significant prior experience as an MLRO or Financial Crimes Compliance expert
  • Expertise in core financial crimes compliance risks (AML, KYC, Sanctions)
  • FCC certifications or trainings would be a benefit
  • Proficiency in English
  • Strong interpersonal, communication, project and people management skills
  • Proven ability to work independently and adapt quickly in handling multiple/evolving tasks as a result of new engagements and/or re-prioritized deadlines
  • Demonstrable problem solving and decision-making skills in particular when advising SSBI’s business units on the financial crimes risk and issues impacting SSBI’s business operations
  • Deep understanding of core financial crimes risks, in particular money laundering, Know-Your-Customer (KYC) processes and economic sanctions as well as fraud and ABC
  • Recent experience providing advice or guidance on the application of FCC related laws and corresponding controls
  • Strong written and verbal communication skills
  • Self-motivation and the ability to work independently together with different internal and external stakeholders
  • Strong leadership and organizational skills
  • Ability to multi-task and being responsible for different tasks / projects
  • Strong relationship management skills

Responsibilities

  • As Senior Expert Financial Crimes Compliance (FCC) 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.
  • 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 complies with Financial Crimes 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 implemented to manage those risks
  • Ensure that new, or amended regulatory obligations, industry guidance and best practice applicable to SSBI jurisdictions are appropriately assessed and reflected in its operating procedures and controls
  • Perform quality assurance reviews for the overall SSBI FCC framework and steer holistic remediation activities
  • Manage and support internal and external audits and inspections as well as major regulatory implementation projects
  • Be a trusted advisor and technical expert to SSBI’s business lines and relevant functions on financial crime risks and emerging issues

FAQs

What is the job title for this position?

The job title is Senior Expert Financial Crimes Compliance m/f/d, Vice President.

What will my primary responsibilities be in this role?

You will oversee the implementation and maintenance of effective global and local policies, procedures, systems, and controls to prevent and detect financial crimes, with a focus on advising the first line of defense, conducting risk assessments, and ensuring compliance with regulatory obligations.

What qualifications are required for this position?

You should have 10+ years of relevant industry experience in banking or financial services, a university degree (preferably with a legal background), and expertise in core financial crimes compliance risks such as AML, KYC, and sanctions.

Is there any flexibility in working hours?

Yes, we offer flexible working hours, and depending on the legal entity, there are either 37.5 or 40 working hours per week.

What kind of training opportunities are available?

We provide extensive web-based training, personal development possibilities, and offer free German and English language classes.

Are there any specific certifications that would be beneficial for this role?

Yes, FCC certifications or training would be a benefit for candidates applying for this position.

Will I be working in a diverse environment?

Yes, you will be part of a dynamic, diverse, international, and multicultural working environment where English is the company language.

What kind of employee wellbeing programs are offered?

We offer wellbeing and health programs that include an anonymous Employee Assistance Program, PME Family Service, and various training programs.

How does the company support community engagement?

State Street actively engages with communities around the world through paid volunteer days, matching gift programs, and access to employee networks that help employees stay connected to meaningful causes.

Is prior experience as a Money Laundering Reporting Officer (MLRO) relevant for this position?

Yes, significant prior experience as an MLRO or Financial Crimes Compliance expert is considered valuable for this role.

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.