Overview:

The RMCoE Sanctions Screening team 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.

Job Description & Core Responsibilities:

• 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 market and currency deadlines
• Ensure a full understanding and adherence to corporate Risk Policy and Standard Operating Procedures
• Participate in self-testing and other related audit requirements
• Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives
• Respond promptly to client queries, and ensure 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 FIRCO, MTS, MCH and IBS
• Support manager to implement team development strategies
• Meet accuracy and productivity targets as established by management
• Actively contribute in the training and on-boarding of new employees
• Performs all duties in accordance with prescribed regulatory compliance guidelines

Skills & Qualifications:

• Bachelor’s degree or equivalent business experience
• 1-2 years of experience in the financial industry preferably with AML exposure
• Excellent attention to detail
• Strong analytical skills and risk- oriented mindset
• Ability to work in a team environment by providing support, assistance and guidance
• Advanced PC skills
• Advanced skills in Microsoft Excel, Word and PowerPoint 
• Excel Visual Basic Application skills (preferred but not required)
• SWIFT experience preferable
• Strong written and verbal communication skills
• Ability to multitask, ensure accuracy and execute against pre-determined deadlines