Sanctions Analyst, Assistant Vice President

Who we are looking forWe are seeking a Sanctions Analyst, AVP – Sanctions Model Design & Model Risk Management to join State Street’s Financial Crimes Compliance (FCC) organization, with a dedicated focus on sanctions screening models, quantitative model analysis, and Model Risk Management (MRM). This role sits at the intersection of compliance, technology, and quantitative risk, and is critical to ensuring our sanctions screening models are robust, well-governed, and fit for evolving regulatory and business requirements.

The ideal candidate brings hands-on experience with enterprise sanctions screening platforms, strong quantitative and data analysis skills, and the ability to lead technical model reviews, upgrades, and MRM lifecycle activities. You will partner closely with FCC Technology, IT, Model Risk Governance, and business stakeholders to ensure ongoing model performance, periodic upgrades, and successful execution of annual and ad hoc model validations.

Work Arrangement:

This role follows a hybrid model, with regular in-office presence as a core expectation. While remote flexibility is available, candidates should anticipate working primarily from an office environment.

Why this role is important to us Sanctions screening is a core control protecting State Street, our clients, and the global financial system from regulatory, legal, and reputational risk. This risk landscape continues to evolve as global regulators increase expectations while State Street expands its client base, products, and new business lines. As a result, sanctions volumes and alert generation have grown significantly, increasing both operational complexity and model  parallel, sanctions screening models themselves are becoming more sophisticated and data‑driven.

To operate effectively at scale, the firm must continually evolve its screening approaches and adopt cutting‑edge techniques for generating, prioritizing, and reviewing alerts. Strong quantitative ownership and disciplined model risk management are therefore essential to ensuring these models remain effective, well‑governed, and fit for purpose.

What you will be responsible for Ongoing Model Ownership & Operations Act as a key point of contact between FCC and IT for day‑to‑day ownership of sanctions screening models, ensuring applications run as designed and risks are appropriately managed.

Monitor model performance, thresholds, and tuning parameters; identify emerging issues and partner with technology teams on remediation.

Support data quality, list management, and model configuration activities related to sanctions screening.

Oversee ongoing monitoring of model outputs, including alert volumes, risk distribution, and operational impacts driven by business growth and regulatory changes.

Model Design, Upgrade & Validation (2–4 times per year)
Lead and/or support sanctions model upgrades, enhancements, and periodic recalibrations across enterprise screening platforms.

Perform technical design and review of sanctions models, including rules‑based logic, scoring methodologies, and supporting data pipelines.

Evaluate and enhance the use of advanced modeling techniques, including machine learning and natural language processing (NLP), to improve alert generation and prioritization.

Conduct tuning analysis and validation testing, including false positive/false negative analysis, risk segmentation, and quantitative performance assessment.

Execute Model Risk Management (MRM) calendar activities, including annual reviews, change validations, and regulatory‑triggered assessments.

Quantitative Analysis, AI/ML & Advanced Analytics Apply advanced data analysis techniques to assess model effectiveness, risk coverage, and operational impacts in an environment of…