Sr. Associate, AML Compliance- Corporate & Investment Banking (Apply in minutes) Job at Santander Holdings USA Inc, New York, NY

dFk5WVhBbUw0eHhBcXo2WkpOSDFHcGU5L3c9PQ==
  • Santander Holdings USA Inc
  • New York, NY

Job Description

Sr. Associate, AML Compliance- Corporate & Investment Banking New York, United States of America The Sr. Associate, AML Compliance is responsible, as assigned by management, for various operations including AML investigations, SAR filing, enhanced due diligence processes, high-risk customer surveillance, special investigations, and OFAC compliance. The incumbent will work as a subject matter expert supporting the Firms AMLCompliance Team to ensure compliance with Bank Secrecy Act (BSA)Anti-Money Laundering (AML) related regulations, Office of Foreign Assets related regulations and the USA PATRIOT Act. Job Description

  • Monitors activities to minimize the companys exposure to risk.
  • Activities may include quantitative analysis, risk identification and remediation.
  • Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
  • Responsible for ensuring that all of the companys activities adhere to the necessary rules and regulations, and that the company complies with legalregulatory statutes and jurisdictions.
Essential FunctionsResponsibility Statements:
  • Develops models, metrics, and controls that the company utilizes to identify potential hazardous transactions.
  • Serves as a subject matter expert (SME) on AML policy and procedures to the business; provides direction and guidance to employees on appropriate remediation action for high risk accounts.
  • Coaches AML Analysts who analyze and research high level customer relationships using all available resources.
  • Interacts with various stakeholders within the organization and externally with law enforcement to gather critical information for decision making.
  • Serves as a Subject Matter Expert (SME) participating in multiple projects both within the unit and company-wide.
  • Detects suspicious trends and activity by monitoring transactions through various systemsapplications and formulating suspicious activity reports.
  • Provides accurate documentation of account activity, formulates suspicious activity reports on the most complex cases and enhanced due diligence decisions, and recommends appropriate risk-based business actions to be taken.
  • Collaborates with complex business units and provides compliance risk expertise and consulting for projects and initiatives with high risk to identify and mitigate regulatory risk.
  • Consults with business to develop corrective action plans and effectively manage change to ensure regulatory compliance.
  • Provides regulatory guidance as needed.
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, andor ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education:
  • Bachelors Degree or equivalent work experience: Finance, Business or equivalent field. Req
  • Masters Degree Finance, Business, or equivalent field. Pref
Work Experience: 9+ Years Compliance, Legal, Regulatory, or Financial Services. Req Skills and Abilities:
  • Demonstrated subject matter expertise in quantitative modeling. statistical analysis, and quantitative theory.
  • Demonstrated experience with large databases and database design.
  • Advanced knowledge of statistics and numerical techniques.
  • Excellent interpersonal, supervisory, and customer service skills required.
  • Excellent written and verbal communication skills
  • Excellent project management skills.
  • Excellent critical thinking skills with the ability to be adept in identifying and resolving complex risk management problems.
  • Ability to build and foster internal relationships.
  • Ability to identify risk and developdesign efficient practices to mitigate risk.
  • Ability to lead, influence and direct peers, subordinates and management.
  • Ability to make effective decision making on complex matters.
  • Ability to convey a sense or urgency and drive.
  • Ability to multi-task and meet strict deadlines.
Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law. Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders. Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
  • *Primary Location:** New York, NY, Madison Ave Corp
  • *Other Locations:** New York-New York
  • *Organization:** Banco Santander S.A.
Salary: $90,000 - $165,000year

Job Tags

Full time, Contract work, Work experience placement,

Similar Jobs

Elite House

Purchase Ledger / Accounts Payable Assistant Job at Elite House

Are you an experienced Purchase Ledger / Accounts Payable Assistant? Are you seeking an exciting new permanent job? Would you like to work within a rapidly expanding, multi award-winning company? Is Morley, Leeds convenient for you? If so, this could be the perfect... 

Phat Panda

Cannabis Dispensary Manager Job at Phat Panda

 ...communication skills. Overall responsibility for all day-to-day dispensary activities and processes to ensure that operations run...  ...Keep up to date on and ensure all local, state and Bureau of Cannabis Control regulations are maintained at all times Provide leadership... 

Aquent Talent

UX Researcher Job at Aquent Talent

Aquent has an EXCITING opportunity for a UX Reseacher in the United States!This role is100% remote. You must be able to work Eastern...  ...case studies and/or a portfolio.As a User Experience (UX) Research Contractor on the UX Research team, you will be responsible for... 

Leaf Home

LHE Tundraland Bath and Shower Installer Job at Leaf Home

Tundraland (ALeaf Home Subsidiary)is seeking bath and shower installers. If you have a proven track record of superior workmanship, we'd like to talk to you. Stop spending time chasing down leads, bidding for work and hoping to get the call. Join us at Tundralandand... 

Headway

Licensed Mental Health Counselor (Virtual) Job at Headway

 ...Licensed Mental Health Counselor (LMHC) provides virtual mental health services, including psychotherapy and medication management, while working flexibly on their terms. Headway supports counselors by handling insurance credentialing and billing, allowing them to focus on...