State Street · 3 weeks ago
Data Scientist, FCC Sanctions Models, Assistant Vice President
Boston, MA
Full-time
Hybrid
Mid, Senior Level
$80K/yr - $132K/yr
6+ years expState Street is seeking a Data Scientist, AVP – Sanctions Models to join their Financial Crimes Compliance Technology team. This role is crucial for developing AI/ML models to enhance sanctions screening and improve operational efficiency, while collaborating with various stakeholders to align strategies with compliance objectives.
BankingFinanceFinancial Services
Responsibilities
Lead design, development, and optimization of sanctions screening models, including AI/ML and rules-based frameworks
Act as Subject Matter Expert (SME) for model tuning and validation as it relates to regulatory examinations
Partner with Product Owners and Engineering teams to translate business requirements into scalable technical solutions
Develop and maintain performance metrics, KRIs, and monitoring plans to ensure model stability and compliance
Drive innovation through NLP, predictive analytics, and continuous learning techniques to reduce false positives and improve detection accuracy
Collaborate with global stakeholders to align model strategy with enterprise compliance objectives and regulatory expectations
Support cloud migration and integration of sanctions models into AWS environments
Provide technical leadership on data quality, entity resolution, and workflow automation initiatives
Qualification
Required
Bachelor's or Master's degree in Data Science, Computer Science, Statistics, or related field
6+ years of experience in financial crime compliance, data science, or model risk management
Direct experience leading, designing, or deploying AI/ML models and other workflow automation tools
Strong expertise in AI/ML model development, validation, and governance
Advanced programming skills in Python and experience with data science frameworks
Deep understanding of sanctions screening, watchlist management, and financial crime compliance
Ability to manage complex, multi-stakeholder projects in Agile environments
Excellent problem-solving and critical thinking skills with a focus on scalability and automation
Preferred
Strong understanding of adapting sanctions models for ISO 20022 migrations, instant settlement, and digital assets/tokenization preferred
Familiarity with global sanctions and financial crime compliance frameworks, including OFAC/EU/UK/UN regulations, Travel Rule, and model risk management principles preferred
CAMS or equivalent FinCrime certification preferred
Benefits
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)
Eligibility for certain tax advantaged savings plans
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
H1B Sponsorship
State Street has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
2026-01-09
2026-01-09
Company data provided by crunchbase