Core Operations - Senior Associate

State Street; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

State Street in Hyderabad seeks a Sanctions Screening Process Team Lead to guide Operations and ensure adherence to global regulatory expectations. You will oversee case-by-case analysis, escalations, and reporting, while leveraging MCH and Fircosoft to identify sanctioned entities.

The RMCoE Sanctions Screening team serves as a first line of defense, requiring strong analytical skills, Excel proficiency, and familiarity with OFAC/UN/EU sanctions.

Qualifications

• Bachelor’s degree or equivalent business experience.
• ACAMS Certification (preferred but not required).
• 3-5 years of experience in the financial industry preferably with AML exposure.
• Advanced PC skills.

Responsibilities

• Analyze and review transactions on a case by case basis, and resolve or escalate as needed
• Identify, escape and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines
• Ensure all transactions are actioned by deadlines
• Ensure a full understanding and adherence to corporate Risk Policy and Standard Operating Procedures
• Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives
• Respond promptly to client queries, and ensure a timely resolution
• Ensure all daily/monthly reports are processed accurately and efficiently to meet internal standards and team goals
• Perform functions utilizing various system applications including MCH and Fircosoft
• Identify problems and exposures, explore solutions and continually scan the environment for new information, ideas and approaches. Understand and respond positively to change.
• Meet accuracy targets as established by management
• Actively contribute in the training and on-boarding of new employees
• Performs all duties in accordance with prescribed regulatory compliance guidelines

Skills

Analytical mindset

Office suite proficiency

Communication skills

Attention to detail

AML/sanctions experience

Team leadership

SWIFT familiarity

Education

Bachelor’s degree or equivalent business experience

ACAMS certification (preferred)

Tools

MCH

Fircosoft

Job description

Who We Are Looking For

We are looking for a highly motivated and experienced Sanctions Screening Process Team Lead to manage and guide Sanctions Screening Operations. This individual will play a critical role in ensuring that our processes align with global regulatory expectations and internal policies designed to prevent financial crime. The candidate should have a solid understanding of global sanctions regulations set by OFAC, UN, EU etc.

Why This Role Is Important To Us

The team you will be joining is a part of The RMCoE Sanctions Screening team which performs a centralized first line of defense function. The team evaluates SWIFT messages which contain “Stop Phrases and Stop Entities” established by OFAC, Section 311- Special Measures, as well as State Street internal global lists. Sanctions Screening Monitors, aid in State Street’s objectives to mitigate risk, and comply with Corporate and Regulatory objectives.

What You Will Be Responsible For

• Analyze and review transactions on a case by case basis, and resolve or escalate as needed
• Identify, escape and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines
• Ensure all transactions are actioned by deadlines
• Ensure a full understanding and adherence to corporate Risk Policy and Standard Operating Procedures
• Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives
• Respond promptly to client queries, and ensure a timely resolution
• Ensure all daily/monthly reports are processed accurately and efficiently to meet internal standards and team goals
• Perform functions utilizing various system applications including MCH and Fircosoft
• Identify problems and exposures, explore solutions and continually scan the environment for new information, ideas and approaches. Understand and respond positively to change.
• Meet accuracy targets as established by management
• Actively contribute in the training and on-boarding of new employees
• Performs all duties in accordance with prescribed regulatory compliance guidelines

What We Value

• Strong analytical skills and risk- oriented mindset
• Advanced skills in Microsoft Excel, Word and PowerPoint
• SWIFT experience preferable
• Strong written and verbal communication skills
• Ability to multitask, ensure accuracy and execute against pre-determined deadlines
• Excellent attention to detail
• Ability to work in a team environment by providing support, assistance and guidance

Education & Preferred Qualifications

• Bachelor’s degree or equivalent business experience
• 3-5 years of experience in the financial industry preferably with AML exposure
• Advanced PC skills
• ACAMS Certification (preferred but not required)

Additional Requirements

The candidate is required to work in Night shifts and flexible shifts.

The candidate should be flexible for rotational basis weekend working.

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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Job ID: R-798040