State Street Global Advisors Boston , MA 02298
The Deputy Chief Anti-money Laundering Officer reporting to the Chief AML Officer is responsible for directing and enhancing the design and execution of key portfolios across the enterprise wide anti-money laundering program and acting in the place of the Chief AML Officer as required. The Deputy Chief Anti-money Laundering Officer leads global teams in the conduct of an enterprise wide anti-money laundering program that produces high quality results, minimizes regulatory risk, and aligns with the firm's business strategy. Responsibilities include:
Enterprise wide mandate for the design and oversight of KYC standards operationalized in the first line of defense.
Directly accountable for developing AML policy, ownership and execution of High Risk Client Enhanced Due Diligence program and second line of defense AML advisory activities in North America.
Present to Board, Management Committee (or equivalent), Business Risk Committees, Compliance and Ethics Committee and Global AML Oversight Committees as required.
Identify key issues in relation to anti-money laundering, terrorist financing, and economic sanctions and provide advice, alternatives and compliance solutions that result in strong compliance controls and support continued long-term business growth
Collaborate closely with other AML Compliance and Compliance Department senior leaders to provide a consistent and integrated AML expertise to lines of business
Ensure State Street's AML program is reactive to changes in regulation and business strategy
Contribute to the development and execution of a multi-year strategic plan for the anti-money laundering and sanctions program that aligns with business objectives and current and anticipated regulatory expectations.
Contribute to the annual enterprise wide money laundering and sanctions risk assessment ensuring that the methodology and the reporting of results are relevant and in line with regulatory expectations.
Support regulatory exams and inquiries and subpoenas and other significant points of contact related to anti-money laundering and sanctions.