CoreOperations-SeniorAssociate

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 you will: · Analyze and review transactions on a case by case basis, and resolve or escalate as needed · Identify, escalate and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines · Ensure all transactions are actioned by deadlines · Ensure a full understanding and adherence to corporate Risk Policy and Standard Operating Procedures · Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives · Respond promptly to client queries, and ensure a timely resolution · Ensure all daily/monthly reports are processed accurately and efficiently to meet internal standards and team goals · Perform functions utilizing various system applications including MCH and Fircosoft · Identify problems and exposures, explore solutions and continually scan the environment for new information, ideas and approaches. Understand and respond positively to change. · Meet accuracy target