FCC Wealth Sanctions Screening, Officer

State Street; Bengaluru; Sur place; INR 1 500 000 - 2 100 000; Plein temps

Résumé du poste

State Street is seeking a self-motivated professional to manage sanctions screening escalations, reviewing and researching alerts escalated by the Global AML Center. This role supports first-level review of alerts within Global Operations and helps ensure compliant outcomes for daily financial activities.

You will collaborate with the GAC, maintain monthly metrics, contribute to process improvements, and support ongoing screening tasks and due diligence reviews where needed to protect the firm

Qualifications

• Bachelor’s degree required.
• 8+ years of AML / sanctions compliance experience.
• Knowledge of financial systems and screening platforms is desirable.

Responsabilités

• Review and research alerts escalated by the GAC and advise disposition.
• Ensure procedures for escalated screening reviews are followed.
• Contribute to improving the Sanctions Screening Escalations process.
• Liaise with GAC on transaction screening alert process.
• Support Monitoring and Surveillance on first-level decisions.
• Assist with other screening tasks when capacity allows.
• Escalate appropriately to the Escalation Team.
• Perform QA testing and present efficiency proposals.
• Maintain monthly metrics and management reports.

Connaissances

Bank domain knowledge

Analytical thinking

Time management

Verbal & written communication

Formation

Bachelor's Degree

Outils

Firco Continuity

Firco Trust

Workspace

MCH

World Check

Star Compliance

Description du poste

Who We Are Looking For

Self-Motivated candidate who would be managing Sanctions Screening Escalations include reviewing, researching, and advising on the correct dispositioning of alerts from State Street’s transaction screening systems that are escalated by the Global AML Center ("GAC") in Global Operations (responsible for the first level review of such alerts).

Why this role is important to us

Investigation and research cases associated with any possible financial crime related activity occurring within State Street Wealth Services. In the absence of this activity, there is a risk of non-compliance of Sanctions & AML regulations.

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

• Reviewing, researching and advising on the correct dispositioning of alerts from State Street’s customer screening systems that are escalated by the GAC;
• Ensuring that the procedures established by the Sanctions Screening Escalations team for escalated screening alert review are followed;
• Contributing to the Sanctions Screening Escalations team’s work to enhance and improve the screening alert review process;
• Liaising, where necessary, with GAC on the transaction screening alert process;
• Supporting Monitoring and Surveillance activity on the first level alert review decisions taken by the GAC;
• Where capacity permits, assisting the Sanctions Screening Escalations team with other aspects of its work (e.g. ongoing entity screening alert review, reviewing and researching complex sanctions cases escalated by Shared Services from client onboarding due diligence);
• Ensuring appropriate escalation to the Escalation Team,
• Ensuring all procedures and processes are followed by conducting Quality Control testing, focusing on where automation can be added and where tasks can be streamlined and presenting those efficiency proposals to the Escalation Team
• Maintaining the monthly metrics, ensuring accuracy of the monthly metrics, and completing the monthly management report

What We Value

• Good knowledge of bank products. Ability to understand and analyze common transaction formats such as SWIFT, CHIPs and Fedwire; Working knowledge of Microsoft Office products; proficiency in Excel is a plus;
• Ability to manage multiple simultaneous tasks in a high pressure, deadline environment;
• Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication;
• Capable of producing high quality and/or final work product and solutions under strict regulatory or management deadlines
• Writing and Reporting - Writes clearly and correctly; structures information to meet the needs and understanding of the intended audience.
• Learning and Researching - Rapidly learns new tasks; demonstrates an immediate understanding of newly presented information; gathers comprehensive information to support decision making.

Secondary Skills (desirable)

• Creation and Innovation - Developing training that is legally sound, addresses source of compliance risk, and drives desired employee behavior.
• Planning and Organizing - Sets clearly defined objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organizes resources needed to accomplish tasks; manages time effectively; monitors performance against deadlines and milestones.
• Leading and Supervising –Provides others with a clear direction, motivates and empowers others, provides team with development opportunities and coaching, sets appropriate standards of behavior

Education & Preferred Qualifications

• Bachelor’s Degree

Additional Requirements

• 8 plus years relevant experience in AML, Sanctions compliance, Anti-bribery and Corruption
• Knowledge in financial systems- Firco Continuity, Firco Trust, Workspace, MCH,World check and Star Compliance desirable
• Previous manager experience a strong plus;

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

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

Read our CEO Statement