Compliance Monitoring & Surveillance, Assistant Vice President, Hybrid

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Who we are looking for

The Expanding Market Surveillance team in US Boston is seeking experienced and technically proficient individual with strong trading expertise to support increasing business demands. The Global Financial Crimes Compliance Market Surveillance team oversees State Street's Foreign Exchange (FX), Equity, GlobalLink, Global Treasury, and Securities Lending businesses, focusing on communication and transaction reviews, investigations, and market trend analysis.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements. We are open to hire in Boston, US (4 days on site per week, 1 day remotely).

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 Trade Surveillance Analyst you will

Design and implement advanced market surveillance rules across various business lines, particularly FX SWAP transactions

Analyze market trends and patterns across FX, equity, and fixed-income transactions to identify potential risks and anomalies

Review and investigate alerts generated by monitoring systems to determine their validity and take appropriate actions

Collaborate and conduct thorough investigations in collaboration with other team members and departments to gather information

Optimize market surveillance alert parameters, leveraging extensive trading knowledge

Prepare and present reports on surveillance findings and recommendations to stakeholders or regulators

Work closely with Compliance and Legal teams to ensure all regulatory requirements are met

Monitor and analyze trade data for accuracy and completeness

Maintain accurate and detailed records of surveillance activities and findings

Proactively identify potential areas of improvement and suggest solutions to enhance surveillance procedures

Maintain confidentiality and adhere to all data privacy and security protocols

Communicate effectively with team members and management to provide updates on surveillance activities and escalate any issues or concerns

Act as a subject matter expert on trade surveillance and assist with any ad-hoc projects or tasks as needed

What we value

These skills will help you succeed in this role

In-depth knowledge of FX Trading Strategies, Trade Surveillance and regulatory compliance, particularly FX Markets and Swap products

Strong analytical skills to identify trading patterns, detect market abuse, and conduct complex investigations with the ability to liaise effectively with trading desks and senior stakeholders

Education & Preferred Qualifications

Bachelor's degree in Finance, Economics, Math, or related discipline

3-5 years of experience in Trading, Securities Lending, or Compliance, with a deep understanding of FX products and trading cycles

CFA or FRM is a plus

Proficient in any foreign languages is not mandatory but a plus

Additional requirements

Proficient in analyzing large datasets to detect anomalies and generate actionable insights

Expertise in trading system analytics and market surveillance tools

Knowledge of SQL or Actimize Surveil-X a plus

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

Salary Range :

$90 000 - $142 500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes : our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https : / / hrportal.ehr.com / statestreet / Home.

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.

Discover more information on jobs at StateStreet.com / careers

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Job Application Disclosure :

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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