BSA/AML EDD Risk - Senior Advisor

BSA/AML EDD Risk - Senior Advisor

Country: United States of America

Your 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 Difference You Make:
The Senior Advisor 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.

• 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.

What You Bring:
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.

Bachelor's Degree or equivalent work experience: Finance, Business or equivalent field. - Required.

Master's Degree Finance, Business, or equivalent field. - Preferred.

9+ Years Compliance, Legal, Regulatory, or Financial Services. - Required.

• Demonstrated subject matter expertise in quantitative modeling. statistical analysis, and quantitative theory.

• Demonstrated experience with large databases and database design.

• Advanced knowledge of modeling techniques, statistical analysis techniques and tools, and various database architectures.

• 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.

Certifications: