Max Lerner is the Global Head of Sanctions Compliance for State Street, a leading global bank focused in custodial, asset management and advisory, and administrative services based in Boston. Max is accountable for the design, management, and execution of State Street’s global sanctions program as well as its sanctions-related screening systems, policy and business unit advisory function, regulatory engagement and remediation, and personnel management of teams based across the globe. In his leadership role, Max is a member of State Street’s AML & Sanctions Leadership Team, wherein he advises on strategic initiatives and programmatic issues, including virtual / digital assets, cannabis, and emerging fintech solutions.
Prior to his tenure at State Street, Max served as Legal Regulatory Counsel at Standard Chartered Bank, a major global bank focused on retail, trade finance, commercial, and correspondent banking, based at its New York office. Max’s practice focused on three areas: AML & sanctions advisory, dispute resolution management, and regulatory engagement, investigations, and remediation. Max was a foundational in-house counsel advisor in the redesign and remediation of Standard Chartered’s financial crime compliance program following its multiple 2012 regulatory actions.
Max currently serves as Chair of the Association of Global Custodians’ AML & Sanctions Committee.