Sr. Associate, AML Compliance- Corporate & Investment Banking

Company: Santander Holdings USA Inc
Location: New York
Posted on: May 20, 2025

Job Description:

Sr. Associate, AML Compliance- Corporate & Investment BankingCountry: United States of AmericaYour Journey Starts Here:Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!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 AML/Compliance 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 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:
  • 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 systems/applications 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, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education:
    • Bachelor's Degree or equivalent work experience: Finance, Business or equivalent field. Req
    • Master's Degree Finance, Business, or equivalent field. PrefWork Experience:9+ Years Compliance, Legal, Regulatory, or Financial Services. ReqSkills 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 develop/design 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.Risk Culture:We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.EEO Statement: At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.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 your employment at any time for any reason.What To Do Next:Review the internal eligibility guidelines . If this sounds like a role you are interested in, then please apply.We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at to discuss your needs.
        
        
        Benefits:
        
        
        
        
        Primary Location: -New York, NY, Madison Ave Corp
        Other Locations: -New York-New York
        Organization: -Banco Santander S.A.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: $90,000 - $165,000/year

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