The FIU Senior Investigator supports Functional Compliance’s Financial Intelligence Unit (FIU) in the United States. The FIU team is responsible for centralized monitoring of suspicious transactions and AML investigations where suspicious activity is present. The FIU Sr Investigator works independently on assignments within the scope of established guidelines/practices and consults with senior staff where clarification or exception to policy may be required and may provide functional guidance to less experienced staff. Individuals work independently on complex projects and issues. The FIU provides support and guidance to the foreign-based FIU teams. In this role, the FIU Sr Investigator completes investigations with an understanding of cash movements, bonds, mutual funds, stocks, options, hedge funds, etc. and contributes to discussions on securities, money laundering, market abuse, and other crime related issues in support of achievement of organizational objectives and regulatory requirements.

This role can be performed in a hybrid model where you can balance work from home (1 day per week) and office (4 days per week) to match your needs and role requirements.

We consider hiring in the below offices: Boston and Quincy, MA; Atlanta, GA; Austin, TX; Berwyn, PA; Clifton and Jersey City, NJ; Kansas City, MO; Sacramento and Irvine, CA; Stamford, CT.

Why this role is important to us

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.

What you will be responsible for

As FIU Senior Investigator you will

• Perform investigations with an understanding of cash movements, bonds, mutual funds, stocks, options, hedge funds, and income trusts etc.
• Act as subject matter expert to contribute to discussions on Securities, Broker Dealer money laundering, market abuse, suspicious cash movements, and other crime related issues
• Develop/create investigation reports, recommending courses of action
• Conduct investigations relating to breaches of securities laws, governance and compliance matters
• Perform investigations into improper or unauthorized trading and market manipulation
• Manage assigned investigations ensuring timely and prompt recommendations (SAR/No SAR, escalation recommendations such as Account Closure) and reports are made to management
• Coordinate in-depth research and documentation when unusual activity is detected
• Provide recommendations to senior management on actions/strategies to mitigate money laundering, market abuse, or other crimes identified
• Conduct effective presentations to various groups, both large and small analytical (problem solving) skills with good objectivity and discretion
• Assist in providing guidance to staff to ensure the timely resolution and appropriate documentation of routine problems. Assist in training and developing new staff
• Cultivate a positive, team oriented approach to FIU operations
• Foster sound relationships with business units.

What we value

These skills will help you succeed in this role

• The ability to summarize FX Suspicious activity as it relates to suspicious AML observations that would be potentially reportable to the regulators
• Knowledge of MAR regulation and FX Global Code.
• Understanding of FX Pricing /Market manipulation and how it can be done in relation to Fx Markets.
• Working knowledge of platform trading (FX Markets) and in how manipulation can be done.
• Understanding of Buyside and Sellside trading firms
• An understanding of Currenex -FX-Connect monitoring systems.
• Analytical (problem solving) skills with good objectivity and discretion
• Strong communication skills ability to deal with management and staff
• Exceptional organizational skills with the ability to execute work assignments quickly and proficiently
• Demonstrated exceptional level of accuracy and detail for reporting.

Education & Preferred Qualifications

• Understanding of AML typologies involving cash, investments and overall risk within the bank
• Ability to review the various systems utilizing data analytics techniques
• Some knowledge of the securities industry and operations.
• Strong understanding of investment products such as: bonds, mutual funds, stocks, options, hedge funds, and income trusts etc.
• 5-7 years of relevant business experience in AML compliance, cash, and/or securities
• Analyze general AML and security based risk and identify potential instances of suspicious activity  (financial, reputational, and regulatory)
• Bachelor’s degree or equivalent with focus in business, accounting, finance, or economics required
• ACAMS Certification Preferred
• PC literacy, with good working knowledge of the Microsoft office applications (Access, Word, Excel)

What we offer

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)

Are you the right candidate? Yes!

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 fulfil 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.

About State Street

What we do. 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.

Work, Live and Grow. 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.

Inclusion, Diversity and Social Responsibility. 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.

Discover more at StateStreet.com/careers