Apply on Employer Site

State Street · 1 day ago

Head of Digital Financial Crimes Compliance, Managing Director

Princeton, NJ

Full-time

Hybrid

Director/Executive

$170K/yr - $282K/yr

15+ years exp

State Street is a leading global financial institution that helps institutional investors manage risk and drive performance. The Head of Digital Financial Crimes Compliance will oversee the design and delivery of systems and controls for digital assets, ensuring compliance with regulations while enhancing operational effectiveness.

BankingFinanceFinancial Services

Responsibilities

Responsible for the oversight, design and delivery of integrated systems and controls relating to digital assets for our firm

Identify and explore opportunities for transformation and capacity creation that drive productivity and operational effectiveness while remaining compliant with Know Your Customer, sanctions screening, transaction monitoring, and Travel Rule compliance solutions as they relate to public/non-public blockchains and digital assets

Leading the Digital Assets AML strategy and presenting it in regulatory and audit contexts

Coordinating the firm’s overall strategy into the financial crimes compliance function and various systems through data management and solution design to enhance Compliance operations and analytics

Developing strategies that support AML Compliance using AI, automation, and analytics

Acting as the product owner and subject matter expert to ensure state-of-the-art transaction monitoring and sanctions models, methods, and features required to support digital asset products and seamlessly integrate among other AML functions

Analyzing risks, overseeing the documentation, monitoring, and performance reporting on Digital Asset controls and models to key stakeholders

Evaluating and leveraging leading and cutting-edge technology tools, including POCs and lead the testing of software efficacy by applying your AML experience with digital assets and risk technology areas to State Street’s Digital Asset products and services

Collaborating with other State Street stakeholders regarding the AML and sanctions program as required, including policy, risk assessment, digital asset management, and global delivery teams

Ensuring and leading robust interaction with industry, law enforcement and regulatory entities on behalf of the company

Ensuring Financial Crimes Compliance partners with business units, data stewards, and IT teams for a better understanding of the customer journey across multiple lines of business

Supporting the ongoing operational success of the bank while meeting Financial Crimes Compliance requirements

Qualification

Blockchain analyticsFinancial crimes complianceAML strategyData managementSanctions screeningKYC complianceAnalytical thinkingInfluencingBuilding consensusProblem solvingTime managementVerbal communicationWritten communicationLeadershipNegotiation

Required

Direct experience working with blockchain analytics vendors and tools

Ability to lead by example and set a tone to consider the broad and long-term impacts of your strategic decisions

Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication

Capable of producing high quality and/or final work product and solutions under strict regulatory or management deadlines

Ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment of a leading global financial institution

Bachelor's degree, Masters Degree or Juris Doctorate degrees with in a quantitative discipline, such as Mathematics, Physics, Statistics, Finance or related field, advanced law degree preferred

Experience utilizing and deploying blockchain analytics solutions

15+ years of compliance experience with responsibilities including sanctions screening, suspicious activity monitoring, data management, data forensics, data governance, data modeling or data analysis

10+ years of financial crimes compliance experience at a large bank or a Virtual Asset Service Provider with responsibilities including sanctions screening, suspicious activity monitoring, KYC, and/or Travel Rule compliance

Proven leader of financial crime teams operating globally, inclusive of talent identification, development and retention in an environment of strong collaboration across multiple jurisdictions

Sector knowledge and experience of global BSA/AML regulations, related compliance requirements and regulatory expectations including suspicious activity report requirements or equivalent around the world especially as they relate to Digital and Virtual assets

Global regulatory and sector knowledge involving private and alternative investments, mutual funds, registered investment funds and other securities related industries, including associated regulators and self-regulated agencies such as the Securities and Exchange Commission and Financial Industry Regulatory Authority