Senior Associate- Sanction Screening
Published date: 2024/01/10
- Location: Bengaluru, Karnataka, India
About State Street Corporation
State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.9 trillion under management and US$43.3 trillion under custody and administration. It is the largest custodian bank in the world, providing securities services and it is almost considered a systemically important by the Financial Stability Board.
The company is ranked 247th on the Fortune 500 as of 2019. The company is on the list of the banks that are too big to fail; published by the Financial Stability Board.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Roles And Responsibilities
• Develop a strong understanding of State Street’s Sanctions Compliance programs, policies and procedures, and requirements.
• Keeping oneself abreast of recent updates from regulatory bodies and handling alerts related to the same.
• Accurate processing of different types of alerts in accordance with standard operating procedures; Ensuring that all alerts and emails are reviewed in a timely manner, and issues are handled appropriately.
• Proactively interact with and coordinate with global Sanctions and FLOD teams.
• Perform quality check on samples collected from various report for FLOD.
• Suggest process improvements to achieve improved efficiency and accuracy.
What We Require
• Knowledge of SWIFT is a plus
• Knowledge of OFAC is a plus
• Knowledge of Sanctions
Job ID: R-729912
State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.9 trillion under management and US$43.3 trillion under custody and administration. It is the largest custodian bank in the world, providing securities services and it is almost considered a systemically important by the Financial Stability Board.
The company is ranked 247th on the Fortune 500 as of 2019. The company is on the list of the banks that are too big to fail; published by the Financial Stability Board.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Roles And Responsibilities
• Develop a strong understanding of State Street’s Sanctions Compliance programs, policies and procedures, and requirements.
• Keeping oneself abreast of recent updates from regulatory bodies and handling alerts related to the same.
• Accurate processing of different types of alerts in accordance with standard operating procedures; Ensuring that all alerts and emails are reviewed in a timely manner, and issues are handled appropriately.
• Proactively interact with and coordinate with global Sanctions and FLOD teams.
• Perform quality check on samples collected from various report for FLOD.
• Suggest process improvements to achieve improved efficiency and accuracy.
What We Require
• Knowledge of SWIFT is a plus
• Knowledge of OFAC is a plus
• Knowledge of Sanctions
Job ID: R-729912
0 page views
Related listings
-
Tfl - Trade Nct ReplacementBanksame Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and ...2026/11/08
-
Product Security Tester - Vapt (Web ApplicationBankABOUT TEMENOS We’re passionate about helping banks to perform better, so we solely focus on creating banking software. Temenos offers cloud-native, cloud-agnostic, API-first digital banking, core banking, payments, fund management, and wealth managem...2026/11/08
-
Legal Entity Controller (Fnle15) Wm Lec - AssociateBankGlobal Finance & Business Management ('GF&BM;') India is a combined Line of Business-aligned (LOB-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Offic...2026/11/08