Compliance Advisor, Consumer Banking - Santander US
Boston, MA
About the Job
Compliance Advisor, Consumer Banking
Boston, United States of America
The Advisor, Compliance is primarily responsible for advising the company on regulatory requirements and internal policy and procedures. The incumbent undertakes standard reviews and escalates to senior staff where non-compliances are identified.
Monitors activities to minimize the company's 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 company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
Essential Functions/Responsibility Statements:
+ Undertakes standard reviews and escalates to senior staff where non-compliances are identified.
+ Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance.
+ Evaluates controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management.
+ Collaborates with team on projects and program tasks intended to improve compliance and enhance the control environment.
+ Coaches and reviews work of junior level Compliance professionals.
+ Assesses procedures and policies to ensure the business units are in compliance with standard regulatory and policy requirements.
+ Prepares drafting of policy and procedural documentation when control changes are made.
+ Transfers work product into simple guidance/templates for future reference.
+ Analyzes existing and proposed legislation, regulatory announcements, and industry practices for compliance requirements, and implements procedures to meet these requirements for applicable business units.
+ Validates controls or project plans to ensure compliance with laws, rules and regulations.
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, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Qualifications:
+ Bachelor's Degree or equivalent work experience in Business, Finance or equivalent degree.
+ Master's Degree in Business, Finance or equivalent field preferred.
+ 5+ years work experience in Compliance, Legal, Regulatory, or Financial Services.
Skills and Abilities:
+ Practical knowledge of corporate regulatory requirements, and factors influencing the business in which the Corporation operates.
+ Practical knowledge of key business control areas (Audit & Risk Review, Risk Management, Finance, Human Resources, and Legal) and governmental regulatory agencies.
+ Ability to resolve complex situations with internal clients and regulators, while maintaining a professional presence.
+ Ability to quickly respond to inquiries from regulatory agencies, internal partners, and external consultants.
+ Ability to read, analyze and interpret government regulations, trade journals and legal documents.
+ Ability to effectively deal with senior management as well as, Federal/State and other Regulators.
+ Ability to work cross-functionally as a team player.
+ Ability to mentor and guide staff and numerous projects simultaneously.
+ Ability to influence others, including senior leadership.
+ Excellent verbal and written communication skills.
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.
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.
#LI-Hybrid
Bachelor of Science (BS) English
Primary Location: Boston, MA, Boston
Other Locations: Massachusetts-Boston
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Salary: $83,250 - $130,000/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Boston, United States of America
The Advisor, Compliance is primarily responsible for advising the company on regulatory requirements and internal policy and procedures. The incumbent undertakes standard reviews and escalates to senior staff where non-compliances are identified.
Monitors activities to minimize the company's 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 company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
Essential Functions/Responsibility Statements:
+ Undertakes standard reviews and escalates to senior staff where non-compliances are identified.
+ Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance.
+ Evaluates controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management.
+ Collaborates with team on projects and program tasks intended to improve compliance and enhance the control environment.
+ Coaches and reviews work of junior level Compliance professionals.
+ Assesses procedures and policies to ensure the business units are in compliance with standard regulatory and policy requirements.
+ Prepares drafting of policy and procedural documentation when control changes are made.
+ Transfers work product into simple guidance/templates for future reference.
+ Analyzes existing and proposed legislation, regulatory announcements, and industry practices for compliance requirements, and implements procedures to meet these requirements for applicable business units.
+ Validates controls or project plans to ensure compliance with laws, rules and regulations.
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, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Qualifications:
+ Bachelor's Degree or equivalent work experience in Business, Finance or equivalent degree.
+ Master's Degree in Business, Finance or equivalent field preferred.
+ 5+ years work experience in Compliance, Legal, Regulatory, or Financial Services.
Skills and Abilities:
+ Practical knowledge of corporate regulatory requirements, and factors influencing the business in which the Corporation operates.
+ Practical knowledge of key business control areas (Audit & Risk Review, Risk Management, Finance, Human Resources, and Legal) and governmental regulatory agencies.
+ Ability to resolve complex situations with internal clients and regulators, while maintaining a professional presence.
+ Ability to quickly respond to inquiries from regulatory agencies, internal partners, and external consultants.
+ Ability to read, analyze and interpret government regulations, trade journals and legal documents.
+ Ability to effectively deal with senior management as well as, Federal/State and other Regulators.
+ Ability to work cross-functionally as a team player.
+ Ability to mentor and guide staff and numerous projects simultaneously.
+ Ability to influence others, including senior leadership.
+ Excellent verbal and written communication skills.
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.
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.
#LI-Hybrid
Bachelor of Science (BS) English
Primary Location: Boston, MA, Boston
Other Locations: Massachusetts-Boston
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Salary: $83,250 - $130,000/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Source : Santander US