Director, AML Change Advisory Governance

Director, AML Change Advisory Governance

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 Director, AML Change Advisory Governance will report to the BSA/AML and OFAC Chief of Staff and Transformation and will help lead change advisory efforts on behalf of Santander’s BSA/AML and OFAC program. A strategic leader with deep BSA/AML and OFAC compliance and change advisory experience, this person will advise cross-functional stakeholders on the implementation impacts and strategy arising from regulatory and business changes, providing subject matter expertise and proposing solutions to mitigate new risks to the Bank. In addition, this person will bring strategy, structure, and foresight to complex project delivery in a cross-functional, highly regulated environment. This role is highly visible as it requires significant cross-functional collaboration and has a significant impact on the BSA/AML and OFAC program as well as the viability of new products and underlying internal compliance risk management processes. 

 

This person will be an experienced leader with extensive experience providing strategic guidance on AML change initiatives impacting people, process, and technology. Possessing excellent cross cultural awareness, communication, influence, negotiation and conflict resolution, and strategic thinking skills, this person will:  

• Maintain current knowledge of relevant state and federal BSA/AML and OFAC laws, regulations and regulatory expectations.

• Advise senior management and executive leaders, as well as cross-functional stakeholders, on the BSA/AML and OFAC compliance risks/implications arising from internal business or process changes and external changes to the regulatory landscape, providing strategic guidance on AML change initiatives impacting people, process, and technology across the 3 lines of defense.

• Lead the execution of multiple simultaneous change advisory projects, determining project scope, developing project plans and assumption-based capacity and execution forecasts, tracking project progress against such forecasts and adjusting as necessary when assumptions change and/or more information becomes available, and coordinating with project participants to ensure quality and achieve results within required timeline and available budget. 

• Engage with appropriate stakeholders to document, track, and validate treatment of BSA/AML and OFAC implications arising from new products, strategic initiatives, and BAU activities (e.g., issue findings, operational risk events, control assessments) across the 3 lines of defense. 

• Analyze large and/or complex data and develop reporting that includes qualitative analyses, thematic conclusions, and forward-looking strategic insight. 

• Train and manage the performance of junior resources to enhance compliance knowledge and related change advisory and governance competencies. 

• Support other governance routines and activities as necessary based on evolving priorities. 

• Report to management on status including strategic insight related to risks and opportunities. 

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

• Advanced knowledge of BSA/AML, USA PATRIOT Act, and OFAC Sanctions regulatory requirements and regulatory expectations.

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