Senior Analyst, Sanctions Program & Compliance

Santander Bank•Boston, MA

29d

About The Position

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. Analyst is responsible for the Sanction Compliance's Second Line tasks and responsibilities to ensure the Company /AML and OFAC program is in compliance with Regulatory Requirements, Policy, and Procedures. Facilitates with the planning, drafting, execution/gathering documentation and reporting of Audits and regulatory assessments. Prepares reports and presentations by collecting, analyzing, and summarizing information. Maintains strong rapport with business line personnel by ensuring continuing contacts and actively working to address concerns. Aid in the drafting, development, and maintenance of Policy and Procedures while performing the necessary risk and gap analysis. Partners with various subsidiaries and internal lines of business to ensure compliance and cohesion with all bank processes, policies, and regulations. Actively engages in vendor management and oversight functions as assigned. Actively engages in Issue Management functions with strict attention to detail and deadlines while enforcing organizational standards Provides well-analyzed and defined recommendations on process improvements to the Sanctions team. Assists in conducting risk assessments, building process maps on business and operational processes, and proposing action plans. Communicates process strengths and weaknesses to management, collaborates regularly with internal stakeholders, and aids in development of mitigation plans.

Requirements

Bachelor's Degree or equivalent work experience: Finance, Business, or equivalent field. - Required.
3+ Years Compliance, Legal, Regulatory, or Financial Services.- Preferred
Ability to summarize, document, and communicate information in a clear and concise manner.
Ability to build and foster internal relationships.
Ability to maintain strict confidentiality.
Excellent collaboration, presentation, organizational skills.
Strong verbal, problem solving, and critical thinking skills
Ability to function in deadline intensive environment while managing competing priorities.
Excellent ability to work independently with limited direction.
Outstanding written communication skills.
Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills.

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Experience in Microsoft Office products.

Responsibilities

Sanction Compliance's Second Line tasks and responsibilities to ensure the Company /AML and OFAC program is in compliance with Regulatory Requirements, Policy, and Procedures.
Facilitates with the planning, drafting, execution/gathering documentation and reporting of Audits and regulatory assessments.
Prepares reports and presentations by collecting, analyzing, and summarizing information.
Maintains strong rapport with business line personnel by ensuring continuing contacts and actively working to address concerns.
Aid in the drafting, development, and maintenance of Policy and Procedures while performing the necessary risk and gap analysis.
Partners with various subsidiaries and internal lines of business to ensure compliance and cohesion with all bank processes, policies, and regulations.
Actively engages in vendor management and oversight functions as assigned.
Actively engages in Issue Management functions with strict attention to detail and deadlines while enforcing organizational standards
Provides well-analyzed and defined recommendations on process improvements to the Sanctions team.
Assists in conducting risk assessments, building process maps on business and operational processes, and proposing action plans.
Communicates process strengths and weaknesses to management, collaborates regularly with internal stakeholders, and aids in development of mitigation plans.