USA Sr. Associate, Investment Supervision

Santander•Miami, FL

19d•$86,250 - $165,000

About The Position

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You! The Difference You Make: The Sr. Associate, Investment Supervision oversees a group of Financial Advisors to ensure compliance with FINRA rules and industry regulations. The incumbent reviews new accounts, trade activity and daily trade blotters as a player/coach. The Sr. Associate, Investment Supervision works directly with Financial Consultants and field managers to resolve any documentation deficiencies and escalate cases as deemed appropriate. Identifies, evaluates and documents trades for Regulation Best Interest / suitability in accordance with FINRA rules and industry regulations. Reviews and assesses best interest / suitability associated with new accounts and /or products. Partners with Directors in the field to help them resolve exceptions in a timely manner. Reviews transaction exceptions reports using rules based processes and close noted trade alerts. Raises inquiries for suspicious trades and communication red flags, conduct research independently and deeply, and communicate in accordance with the established procedure, and ensure timely closure of identified surveillance issues. Works with Compliance, Operations and other Santander functions closely to research industry trends and peer practice, and continue improving our review process effectiveness. Develops knowledge of financial markets, asset management and financial regulations in order to build a deep understanding of investment/trading risks. Provides backup coverage and cross-train others.

Requirements

Bilingual English/Spanish. - Required.
Bachelor's Degree or equivalent work experience: Sales Supervision, Compliance, Risk or equivalent field. - Preferred.
9+ Years Supervision, compliance, audit, or regulatory experience. - Preferred.
Strong analytical background with the ability to analyze and summarize findings in a concise and clear format Excel.
Detailed oriented and possess high ethical standards.
Knowledge of Equity, FX, Credit, Structured Products, Alternatives trading and investment, and/or experience working in the front desk, risk, regulatory, legal or audit fields.
Ability to operate independently within guidelines, policies, directives and established precedence.
Strong technical skills, particularly with respect to Microsoft Excel.
Genuine interest in and understanding of financial markets.
Familiarity with a broad range of asset classes, including derivatives.
Strong communication skills and the ability to interact confidently with others.
Ability to work independently with minimal supervision, while also maintaining appropriate levels of collaboration and cooperation with other team members.
Intellectual curiosity and problem solving skills.
Sensitivity and tact must be especially evident in the performance of trade monitoring.
Solid understanding of applicable Federal and State laws applicable to SEC registered broker-dealer.
Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
Sound judgment in identifying risks in order to proactively escalate with relevant senior management.
Excellent written (drafting & editing) and spoken communication abilities.
Excellent teamwork, interpersonal and conflict resolution skills.
FINRA (Financial Industry Regulatory Authority): FINRA Series 7 and Series 24 (Series 9 and 10, may replace the requirements for Series 24). - Required.
FINRA (Financial Industry Regulatory Authority): FINRA Series 53 and Series 4 - Preferred.

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

Oversees a group of Financial Advisors to ensure compliance with FINRA rules and industry regulations.
Reviews new accounts, trade activity and daily trade blotters as a player/coach.
Works directly with Financial Consultants and field managers to resolve any documentation deficiencies and escalate cases as deemed appropriate.
Identifies, evaluates and documents trades for Regulation Best Interest / suitability in accordance with FINRA rules and industry regulations.
Reviews and assesses best interest / suitability associated with new accounts and /or products.
Partners with Directors in the field to help them resolve exceptions in a timely manner.
Reviews transaction exceptions reports using rules based processes and close noted trade alerts.
Raises inquiries for suspicious trades and communication red flags, conduct research independently and deeply, and communicate in accordance with the established procedure, and ensure timely closure of identified surveillance issues.
Works with Compliance, Operations and other Santander functions closely to research industry trends and peer practice, and continue improving our review process effectiveness.
Develops knowledge of financial markets, asset management and financial regulations in order to build a deep understanding of investment/trading risks.
Provides backup coverage and cross-train others.