Who we are looking for

State Street operates a global Financial Crime Compliance program that is designed to meet its legal and regulatory requirements. The Sanctions Compliance team, which is led by the Global Head of Sanctions Compliance, is a key part of the Financial Crime Compliance program.

The Deputy Lead, Sanctions Policy & Advisory, AVP role reports, as a member of the Sanctions Policy & Advisory Team, into the Lead, Sanctions Policy & Advisory, who reports into the Global Head of Sanctions Compliance.

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 are open to hire in Boston or Quincy, MA; Jersey City, Princeton or Clifton NJ; 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 Deputy Lead, Sanctions Research, Screening Escalations, & Screening Oversight, you will be responsible for:

management and leadership to ensure the Global Sanctions Policy, and associated policies and procedures, comply with applicable regulatory obligations and internal risk approaches;

leading the analysis, advisory on, & integration of regulatory requirements into the global sanctions program;

analysis and guidance on escalated transaction and entity/name screening alerts;

oversight of research and provision of timely sanctions guidance on escalated business issues, new products and services, and sanctions risk issues;

conducting ad hoc investigations and analysis in support of block/reject reports, or voluntary disclosures to regulatory authorities, of any regulatory enquiries, and as requested;

maintaining policies and procedures in accordance with evolving regulations and industry guidance;

assisting in and/or leading the analysis/review of current processes and recommending and implementing solutions that improve processes and mitigate risk;

directing and participating in the operational and process analysis and change management activities on a global scale, including solution recommendations and implementation associated with business and compliance related activities.

serving as representative on relevant governance and working groups;

supporting response to regulatory and internal audit exam requests;

overseeing the creation of sanctions-related metrics and governance materials; and

overseeing and supporting sanctions related projects and initiatives.

What we value

These skills will help you succeed in this role

Bachelor’s degree or equivalent business experience with focus in business, accounting, finance, criminal justice or equivalent;

5+ years’ experience with screening operations and alert dispositioning activities;

5+ years’ experience with US, EU, UN, and other sanctions programs or equivalent;

Knowledge of transaction message types (e.g. ACH, SWIFT, CHIPS, SEPA, etc.);

Education & Preferred Qualifications

Strong verbal and written communication skills;

Strong organizational, research, and analytical skills;

Ability to work in a fast paced environment & make critical decisions within tight deadlines; and

Works effectively both independently and as part of a team.

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:

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.

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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