State Street

Sanctions Reporting & Asset Restriction Analyst, Officer, Onsite

Quincy, Massachusetts Full time

Who we are looking for

The Sanctions Reporting & Asset Restriction Analyst, Officer, role supports the Sanctions Compliance Screening Alert Management and the Sanctions Compliance Reporting & Asset Restriction team, which reports into the Global Head of Sanctions Compliance.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available. The role can be performed out of JAB Quincy or OCB Boston office.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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

As Sanctions Reporting & Asset Restriction Analyst you will

  • Support/execute the research and disposition of real-time sanctions escalated transaction and periodic entity/name screening alerts

  • Support/execute the ad hoc investigations and analysis in support of block/reject reports, or voluntary disclosures to OFAC, of any regulatory enquiries, and as requested

  • Support/execute the reporting of block/reject reports to applicable regulatory bodies

  • Support/execute the analysis/review of current processes and recommending and implementing solutions that improve processes and mitigate risk

  • Support/execute the response to regulatory and internal audit exam requests

  • Support/execute QC and related oversight of sanctions screening alert dispositioning

  • Support/execute sanctions technology project go-live, testing, and oversight

  • Support/execute the provision, analysis, and distribution of sanctions-related metrics and governance materials

  • Support/execute sanctions related projects and initiatives
     

What we value

These skills will help you succeed in this role

  • Strong verbal and written communication skills;

  • Strong organizational, research, and analytical skills

  • Ability to work in a fast paced environment & make critical decisions within tight deadlines;

  • Works effectively both independently and as part of a team

Education & Preferred Qualifications

  • Bachelor’s degree or equivalent business experience with focus in business, accounting, finance, criminal justice, or similar;

  • 3+ years experience with sanctions screening operations, alert dispositioning activities, quality control/oversight activities, and/or similar compliance functions;

Salary Range:

$65 000 - $113 750 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.