State Street - Custody and Complex Operations Team - Risk Monitoring Intern - Summer 2026
About The Position
The RMCoE Sanctions Screening and credit monitoring team performs a centralized First Line of Defense (FLoD) function, evaluating SWIFT and Fedwire messages for Sanctions and/or Credit Risk monitoring purposes. State Street is a global institutional investor partner that helps clients manage risk, respond to challenges, and drive performance and profitability. The company is committed to fostering an environment where every employee feels valued and empowered, offering inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks.
Requirements
- Excellent attention to detail
- Dependable
- Strong analytical skills and risk-oriented mindset
- Ability to work in a team environment
- Advanced skills in Microsoft Excel, Word and PowerPoint
- Strong written and verbal communication skills
- Ability to multitask, ensure accuracy and execute against pre-determined deadlines
Responsibilities
- Analyze and review transactions on a case by case basis, and resolve or escalate as needed
- Ensure all transactions are actioned by deadlines
- Timely escalations of suspended transactions; sanctions hits and insufficient funding for credit
- Ensure a full understanding and adherence to corporate Risk Policies and Standard Operating Procedures
- Participate in self-testing and other related audit requirements
- Respond promptly to client queries, and ensure a timely resolution
- Perform functions utilizing core system applications
- Meet accuracy targets as established by management
- Performs all duties in accordance with prescribed guidelines
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
- Eligibility for certain tax advantaged savings plans
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Vibrant employee networks
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What This Job Offers
Career Level
Intern
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
