Who we are looking for
The Sr. Compliance Tech. Business Analyst will provide business analysis and related duties for the next generation sanctions screening platform with the primary goal of reducing false positive hits and alerts by 90-95%.
The ideal candidate combines deep domain expertise in sanctions screening, name matching concepts, list management, rules, simulations, entity resolution with a strong understanding of AI/ML concepts, data architecture, and regulatory expectations. This person will liaise with program leadership, Financial Crime Compliance (FCC) business partners, operations, and globally distributed engineering teams to ensure the next generation platform meets compliance, operational, and technology objectives. You must demonstrate VP-caliber leadership in strategic analysis, cross-functional influence, executive communication, and the ability to operate with minimal direction while keeping senior management informed of risks and dependencies.
Why this role is important to us
The Sr. Compliance Technology Business Analyst is part of the Compliance Technology team under IT Global Technology Services. We work closely with our business partner, Financial Crime Compliance (FCC), who ensures we comply with Global Anti-Money Laundering Policy, the Global Sanctions Policy, Anti-Bribery and Corruption, and Fraud.
What you will be responsible for
As Sr. Compliance Tech. Business Analyst you will
- Lead end-to-end business analysis of the next generation screening platform.
- Partner with data scientists, AI/ML engineers to specify requirements for ML models, SLMs, and LLMs, including probability scoring thresholds, contextual feature engineering inputs, model retraining cadence, explainability standards, and MRM documentation needs.
- Specify data flows and integration points for Entity Resolution.
- Lead continuous learning and rules engine design.
- Ensure regulatory and Model Risk Management (MRM) alignment — Produce audit-ready documentation including model assumptions, methodologies, limitations, and performance results.
- Manage stakeholder alignment — Facilitate requirements sessions across FCC risk owners, operations, FCC Innovations, Platform teams, and IT. Present analysis, options, and recommendations to executive stakeholders in clear, concise formats.
- Be able to translate complex ideas into cogent business requirements, Agile stories, acceptance criteria, and requirements documents along with data mapping documents.
- Collaborate with cross-functional teams to identify requirements, provide guidance, ask and respond to questions and assist with resolving complex issues.
- Ensure that any gaps identified in the requriements are addressed and rectified by the relevant team.
- Support development and testing teams by answering questions and updating documentation as needed based on feedback.
- Comfortable with building and using visual dashboards using Power BI, Tableau, Qlik, or other similar BI tools.
- Preferred experience with ETL-like tools such as Tableau Prep Builder to be able to clean and transform data.
- Mentor other business analyst resources.
- Be responsible for communication, resolution, and potential escalation of critical issues.
- Work with the Project Manager and Product Owner to create and manage user stories using Jira
- Support team in triaging issues found during testing.
- Support the needs of Business users for User Acceptance Testing (BUAT).
- Be able to work in a complex, deadline-driven organization on projects with minimal supervision.
- Analyze complex problems, derive options and solutions and present in an understandable manner to stakeholders, developers, testers and users at multiple levels.
- Act as a liaison with technology and business unit subject matter experts in support of technology projects.
- Solicit information from business and IT SMEs about application functions, data and process flows.
- Document application functions, data and process flows using prescribed template, or appropriate fit-for-purpose format.
- Participate in integration design process and provide detailed documentation and requirements as appropriate.
- Document reports required by system stakeholders.
What we value
These skills will help you succeed in this role
- Ability to facilitate solutions across multiple stakeholders with different and sometimes diverging backgrounds and motives.
- Ability to analyze complex problems, derive solutions and present options and solutions to stakeholders and senior management.
- Ability to manage multiple simultaneous tasks in a high pressure, deadline environment.
- Ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment
- Strong skills in analytical thinking, problem solving, research, time management, and verbal and written communication.
- Experience with system implementation.
- Experience with waterfall and agile software development methodologies.
- Strong collaboration and relationship management skills.
- Ability to work independently.
Education & Preferred Qualifications
- Bachelor’s degree with concentration in Engineering, Business or Technology preferred.
- 8–10+ years of experience in financial services, with significant depth in AML, Sanctions Screening, Transaction Monitoring, KYC, financial securities, and trading principles.
- Deep sanctions screening domain expertise — Thorough understanding of end-to-end entity and transaction screening workflows, including OFAC/EU/UN sanctions regimes, watchlist management, alert disposition, tuning/calibration, and false positive reduction strategies.
- AI/ML literacy — Working understanding of machine learning concepts (supervised/unsupervised learning, NLP/NER, model evaluation metrics, feature engineering), sufficient to write meaningful requirements and validate model behavior against business expectations.
- Strong analytical and data skills — Ability to work with large transactional and reference datasets; proficiency with SQL, Python (or similar), and BI/visualization tools.
Additional requirements
- Should have good understanding of Agile methodology and Agile Ceremonies.
- Work with geographically distributed teams while maintaining highest standard in collaboration and communication across the QA/DEV and Business teams.
- Team oriented attitude.
- Excellent verbal and written communication skills.
- Person must be self-motivated, self-driven, own and consider him/herself accountable for timely completion of deliverables.
- Strong problem-solving skills with great attention to details.
Work Requirement
- This role is located in the Boston, Massachusetts area.
Salary Range:
$110,000 - $188,750 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 .
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.
