AML BSA OFAC Compliance & Operations Senior Analyst - Hybrid - Boston

AML BSA OFAC Compliance & Operations Senior Analyst - Hybrid - Boston

Country: United States of America

AML BSA OFAC Compliance & Operations Senior Analyst

Hybrid - Boston, MA

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 representation 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:

• Performs research, analyzes relevant compliance-related information, and makes recommendations on necessary procedural/control changes on more complex compliance matters.
• Reviews project documentation to assess and determine impact to AML or OFAC compliance and systems.
• Develops technical and business requirements to support AML and OFAC tools and systems.
• Develops and executes ongoing testing of AML Compliance and OFAC tools to meet business requirements and ensure regulatory compliance.
• Supports the model development team with necessary documentation and testing of systems/tools.
• Supports and troubleshoots identified issues and system outages partnering with technology.
• Represents AML Compliance in cross functional project meetings.
• Supports management in the day-to-day efforts related to compliance with laws, rules, regulations, and related policies.
• Prepares reports by collecting, analyzing, and summarizing information.
• Maintains quality service by establishing and enforcing organization standards.
• Assists with the development, implementation, and maintenance of Compliance controls.
• Partners with various lines of business to ensure compliance with AML and OFAC regulatory requirements.
• Reviews existing compliance controls for regulatory updates and performs the necessary gap analysis.
• Assists with conducting risk assessments on business and operational processes and tools/systems.
• Communicates control strengths and weaknesses to management.
• Assists in the design and enhancement of internal controls.

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.

Work Experience:
3+ Years Compliance, Legal, Regulatory, or Financial Services.

Skills and Abilities:

• Demonstrated practical and theoretical knowledge of risk and compliance principles, concepts and policies.
• Advanced quantitative capabilities and analytical skills, including an investigative mindset.
• Ability to summarize, document, and communicate information in a clear and concise manner.
• Ability to manage projects across a diverse group of stakeholders.
• Ability to manage contract resources to achieve objectives.
• Ability to communicate instructions effectively and clearly to others, summarize and articulate issues, and document findings in a clear and concise manner.
• Ability to stay abreast of industry best practices, procedures, and techniques.
• Ability to work independently as well as collaboratively within a team environment.
• Ability to build and foster internal relationships.
• Ability to function in deadline intensive environment, managing multiple responsibilities while effectively focusing on priority issues.
• Ability to maintain strict confidentiality.
• Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills.
• Excellent analytical, communication, presentation, organizational and problem-solving skills.
• Strong problem solving and critical thinking skills.
• Strong verbal and written communication skills.
• Strong communication, interpersonal and negotiation skills.
• Experience in AML or OFAC systems preferred.

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