Anti-Money Laundering - Manager

State Street; Chennai District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

State Street in Chennai is seeking an AML KYC/Screening professional to perform ongoing sanctions, AML, PEP and Negative News Screening to meet SEC requirements and SAI guidelines. You will oversee day-to-day operations of the screening team, ensuring accuracy, timely escalation to Compliance, and adherence to KPIs.

The role emphasizes coaching, process improvements, and collaboration with FCC, Risk, and Audit stakeholders while maintaining strong KPI/KRI reporting and BCP preparedness.

Qualifications

• Minimum 7+ years' supervisory experience.
• Strong knowledge of AML regulations (OFAC, USA Patriot Act, BSA).
• Excellent communication and leadership.

Responsibilities

• Perform end-to-end sanctions, AML, PEP and Negative News Screening for customers and accounts using approved tools.
• Review and disposition alerts with detailed investigations and risk assessment.
• Escalate true/potential matches to FCC/Business teams in a timely manner.
• Maintain high quality standards while meeting productivity and SLA targets.
• Manage day-to-day operations of screening across locations with workload balance.

Skills

People management

AML knowledge

Regulatory compliance

Stakeholder communication

Education

Graduation in Finance/Commerce

Tools

Excel

VBA

Job description

Who We Are Looking For

Looking for AML KYC / Screening professional who understand and perform Ongoing Sanctions, AML, PEP and Negative News Screening to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI). Officer is responsible for the operational management of team. Officer has direct managerial responsibility, along with oversight for risk mitigation and responsibility for both day to day and ongoing performance management of their team.

Who We Are Looking For

Looking for AML KYC / Screening professional who understand and perform Ongoing Sanctions, AML, PEP and Negative News Screening to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI). Officer is responsible for the operational management of team. Officer has direct managerial responsibility, along with oversight for risk mitigation and responsibility for both day to day and ongoing performance management of their team.

Why This Role Is Important To Us

Ongoing Screening is automated matching of input records example clients, customers and accounts and sub-accounts (collectively "Customers"), of State Street, Securities, Brokers, etc., against lists State Street's Corporate Minimum List Set as set forth by the Anti Money Laundering and Sanctions Business Unit Standard Operating Procedure using matching logic to determine if there are any potential matches to a list. Ongoing Entity Screening analysts does the first level review to identify, perform materiality assessment, elevate potential matches to Compliance and provide KPI and KRI reporting. This is a permanent position within the department in Bangalore.

What You Will Be Responsible For

• Perform end to end Sanctions, AML, PEP and Negative News Screening for Customers, Investors, Securities, Broker, etc., using approved screening tools.
• Review and disposition alerts by conducting detailed investigations including name matching entity resolution, and risk assessment.
• Ensure accurate and timely escalation of true and potential matches to FCC/Business teams.
• Maintain high quality standards while meeting productivity and SLA targets.
• Manage day to day operations of the screening team across one or more locations, ensuring workload balance and capacity planning.
• Monitor productivity, quality an aging metrics, drive corrective actions a to prevent backlogs and SLA breaches.
• Act as appoint of contract for FCC, Risk, Audit and business stakeholders on screening related manners.
• Lead quality assurance reviews root cause analysis and remediation of identified gaps
• Support regulatory exams, internal audits and issue management activities.
• Identify opportunities for process improvement automation and efficiency gains
• Provide coaching training and performance feedback o team members
• Ensure effective BCP coverage and cross hub collaboration for uninterrupted operations
• Contribute to policy updates procedure enhancements and control strengthening initiatives
• Providing technical and specialist support to the Global AML Center (GAC) Ongoing Screening Team
• Self-directed, ability to multi-task and navigate competing priority
• Problem-solving and critical analysis experience, highly responsive and driven
• Excellent collaboration, communication, presentation, and networking skills
• Ability to identify and present cross-sell opportunities & standardizations, excellent influencing skills
• Innovative, intellectually curious, with a bias for action
• Significant prior financial services industry experience preferred
• Manage people and ensure the team get along to achieve common goals and keep the morale of the team is high
• Review and improve on productivity benchmarks on ongoing basis
• Reviewing status reports for senior management
• Knowledge of Sanctions, OFAC, anti-money laundering laws, PEP, Negative News Materiality assessment is mandatory
• Prior experience in driving UAT/Prod testing related to applications upgrades & during new screening work Transitions & report issues actively to platforms team. Manage senior management and stakeholders effectively
• Work both independently and as a team in a fast-paced production environment.
• Conflict management and strong customer service rendering experience

What We Value

• Strong people management skills and prior experience in a supervisory capacity with responsibility for coaching and development of direct reports (expectation of Minimum 7+ years' supervisory experience)
• Good knowledge of AML regulations like OFAC, USA Patriotic Act, Bank Secrecy Act etc.
• Strong communication, interpersonal, organizational, and time management skills to manage a team
• Ability to analyze investment guidelines and policies to determine testing requirements
• Excellent communication, organization, interpersonal planning, and analytical skills
• Shit Timing : 2 pm - 11 pm
• Work Location : Chennai

Education & Preferred Qualifications

• Graduate and above preferable in Finance
• Hands on experience on perform Ongoing Sanctions, PEP, AML and Negative News Screening
• Minimum 4 years of people handling experience

Secondary Skills (Good To Have)

• Any Certificate on AML fields like ACAMS, ICA etc
• Advance Excel / VBA

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.

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