Senior AML & Sanctions Governance Programs Lead

State Street; Boston (MA); On-site; USD 52,000 - 88,000; Full time

Benefits offered by this job

Comprehensive benefits package

401K with company match

Paid time off

Job summary

State Street is seeking an experienced AML and Sanctions Senior Associate in Massachusetts to support governance and program management for Wealth Management. You will help develop and maintain AML policies, participate in risk assessments, and coordinate examinations and training across the organization.

The role emphasizes strong project management, clear communication, and collaboration with stakeholders to ensure compliance with global regulatory expectations.

Qualifications

• Bachelor’s degree in Finance, Business, Risk Management, or related field.
• Experience in Financial Crimes Compliance, Audit, Risk Management, or Exam Management roles within financial services.
• Familiarity with global regulatory frameworks and audit processes.

Responsibilities

• Support and maintain AML and Sanctions compliance policies, ensuring alignment with regulatory requirements.
• Support the establishment of governance structures, management reporting, and escalation frameworks.
• Support the execution of the AML and Sanctions risk assessment to identify inherent risk, assess controls, and determine residual risks for State Street Wealth Services.
• Support the review and assess new products, services, and business initiatives for AML and Sanctions compliance risks, ensuring alignment with regulatory obligations.
• Support projects related to changes to the AML governance or escalation framework including the design, implementation, and execution of controls to ensure process robustness and reliability and ensure comprehensive documentation is up to date.
• Support the coordination of regulatory examinations, internal audits, and compliance testing programs to ensure program effectiveness and adherence to policies.
• Support the AML and Sanctions compliance training for State Street Wealth Services.
• Support a quality assurance framework to monitor the effectiveness of the compliance program and drive continuous improvement.
• Support the management of monthly reporting on Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).

Skills

Project management

Communication

Stakeholder management

Attention to detail

Microsoft Office

Education

Bachelor’s degree in Finance/Business/Risk Management

Job description

State Street is seeking an experienced AML and Sanctions Senior Associate in Massachusetts to support governance and program management for Wealth Management. You will help develop and maintain AML policies, participate in risk assessments, and coordinate examinations and training across the organization.

The role emphasizes strong project management, clear communication, and collaboration with stakeholders to ensure compliance with global regulatory expectations.