Purpose Of Role

The KYC Operations team’s primary role is to support Business Units in the timely and accurate delivery of the end-to-end AML/KYC process for onboarding new customers/accounts, completing periodic reviews, and conducting event-driven reviews of existing customers/accounts to comply with State Street’s AML Policy and Standards.

The team provides Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) services to State Street’s Business Units globally. The KYC Team collects and analyzes client data, documents, and publicly available information on new and existing clients, screens entity names against sanctions lists, and performs the Customer Anti-Money Laundering risk assessment. Through a four‑eyed quality‑assurance process, the team minimizes regulatory, monetary, and reputational risk by ensuring accuracy and completeness of KYC records.

Specific Duties

• Perform Know Your Customer due diligence in line with applicable AML policies prior to account openings and on an ongoing basis.
• Create KYC profiles in the system of record.
• Complete the necessary forms required to support CIP, CDD, and quality assurance.
• Screen client names and other parties in line with State Street Screening Standards.
• Source required CDD documentation independently from various internal and external sources (regulatory websites, company websites, Banker’s Almanac, Lexis Nexis, WorldCheck, etc.) and assist team members with the same.
• Cooperate closely with Front Office employees to request all other required CDD documentation from customers.
• Validate CDD documentation provided by customers.
• Complete Customer AML risk assessments using corporate compliance tools and methods.
• Meet agreed KRI/KPI targets for KYC profile reviews and/or quality‑assurance reviews, escalating when required.
• Complete and validate enhanced due diligence on high‑risk customers/accounts.
• Perform EDD monitoring and PEP analysis as required.
• Perform four‑eyed quality‑assurance checks of KYC records for accuracy/completeness before verification.
• Validate that State Street AML policies, standards, and procedures with respect to CIP/CDD are adhered to and that KYC specialist conclusions are clear, complete, and supported by necessary documentation.
• Attend, participate, and assist in facilitating AML awareness training sessions across the team.
• Ensure all assigned tasks are correctly maintained on the designated tracking/reporting tool.
• Provide updates to stakeholders upon request.
• Assist with external regulatory examinations or testing.
• Follow the speak‑up, listen‑up values, including timely escalation of AML concerns, suspicious activity, or any corporate policy breaches.
• Notify local management of operational issues.
• Support ad‑hoc and/or strategic projects as required.
• Maintain role‑specific knowledge of current anti‑money laundering and financial‑crime risks through completion of the annual AML Academy and other applicable training.

Specific Qualifications / Skills

• Advanced knowledge of anti‑money laundering/know‑your‑customer regulations and processes.
• Knowledge of State Street procedures and requirements (advantage).
• Intellectual curiosity for continuous learning about AML and KYC.
• Excellent interpersonal, organizational, and administrative skills.
• Good communication skills, ability to provide constructive feedback.
• Good Microsoft Excel and Word skills.
• Very good language skills in English.
• Additional language skills (French, German, Italian, Dutch, Arabic) are an advantage.
• Experience with KYC processes for various entity types (trusts, hedge funds, regulated entities, SPV, etc.) is an advantage (2+ years).
• Experience analyzing complex ownership structures to determine risk exposure and applicable AML/KYC requirements, including jurisdictional uplifts.
• Experience with Prime, World Check, Lexis‑Nexis, and other negative news searches is an advantage.
• Advanced knowledge of entity/transaction screening and sanction laws (ongoing screening only).

We offer

• Flexible working hours (restricted to the current business need).
• No intra‑day deadlines.
• Interesting, non‑repetitive process.
• Employee savings plan.
• Premium life insurance package.
• Gold medical package.
• International operating environment.
• Language classes.
• Soft‑skills trainings.
• Technical workshops.

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.

Job ID: R-780663