Core Operations - Senior Associate

STATE STREET CORPORATION; Hyderabad; On-site; INR 800,000 - 1,200,000; Full time

Job summary

STATE STREET CORPORATION is seeking a Sanctions Screening Process Team Lead to manage and guide sanctions screening operations. The role focuses on analyzing transactions, escalating suspicious activity, and ensuring compliance with global sanctions regulations, including OFAC and UN.

Night and rotating shifts are involved. The successful candidate will have 3–5 years in financial services AML, strong Excel/Office skills, and experience with Swift-related screening tools.

Qualifications

• Bachelor’s degree or equivalent business experience.
• 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, escalate and/or report unusual or potentially suspicious transaction activity.
• Ensure all transactions are actioned by deadlines.
• Support team initiatives and complete job-related functions to meet departmental goals.
• Respond promptly to client queries and ensure timely resolution.
• Ensure all daily/monthly reports are processed accurately and efficiently.
• Perform duties using MCH and Fircosoft.
• Meet accuracy targets and contribute to training and onboarding of new employees.

Skills

Analytical mindset

Excel/Office

Communication

SWIFT

Multitasking

Attention to detail

Education

Bachelor’s degree or equivalent business experience

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:As a Senior Associate you will:Analyze and review transactions on a case by case basis, and resolve or escalate as neededIdentify, escalate and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelinesEnsure all transactions are actioned by deadlinesEnsure a full understanding and adherence to corporate Risk Policy and Standard Operating ProceduresSupport team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectivesRespond promptly to client queries, and ensure a timely resolutionEnsure all daily/monthly reports are processed accurately and efficiently to meet internal standards and team goalsPerform functions utilizing various system applications including MCH and FircosoftIdentify 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 managementActively contribute in the training and on-boarding of new employeesPerforms all duties in accordance with prescribed regulatory compliance guidelinesWhat we value:These skills will help you succeed in this role:Strong analytical skills and risk- oriented mindsetAdvanced skills in Microsoft Excel, Word and PowerPointSWIFT experience preferableStrong written and verbal communication skillsAbility to multitask, ensure accuracy and execute against pre-determined deadlinesExcellent attention to detailAbility to work in a team environment by providing support, assistance and guidanceEducation & Preferred Qualifications:Bachelor’s degree or equivalent business experience3-5 years of experience in the financial industry preferably with AML exposureAdvanced PC skillsACAMS 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 StreetAcross 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/careersRead our CEO Statement