Senior Compliance Advisor - Consumer Banking
Company: Santander Holdings USA Inc
Location: Boston
Posted on: October 31, 2024
Job Description:
Senior Compliance Advisor - Consumer BankingBoston, United
States of AmericaThe Sr. Advisor serves as a subject matter expert
to ensure documents, projects, processes or product initiatives
comply with regulatory and legal requirements and enterprise
policy. The incumbent performs risk assessments, synthesizes
analyses, identifies root cause(s), and provides recommendations to
management that influence business solutions.Monitors activities to
minimize the company's exposure to risk. Activities may include
quantitative analysis, risk identification and remediation.
Represents or supports the reputation 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:
- Advises management on current issues regarding banking.
- Serves as a subject matter expert to ensure documents,
projects, processes or product initiatives comply with regulatory
and legal requirements and enterprise policy.
- Partners with managers in assigned business unit to respond to
reports issued by regulatory agencies or audit.
- Identifies systemic procedural weaknesses and additional
training requirements needed to ensure compliance.
- Responds to regulatory inquiries and third party
examiners.
- Collaborates across business units within the organization to
ensure consistency in policies and procedures.
- Identifies compliance opportunities and potential
solutions.
- Performs risk assessments, synthesizes analyses, identifies
root cause(s), and provides recommendations to management.
- Provides compliance input on business action plans, projects,
or operational requests.
- Provides insight and guides management on issues.
- Leads and influence cross functional enterprise projects or
compliance teams.
- Leads efforts to improve standardization and efficiency of
responses to regulators.
- Offers recommendations and makes project related decisions
within scope of work assignment.
- Serves as a resources to team members on escalated issues of
unusual nature.
- Mentors and enhances compliance staff knowledge competencies.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.Qualifications:
- Bachelor's Degree or equivalent work experience in Business,
Finance, or equivalent degree.
- Master's Degree in Business, Finance, or equivalent field
preferred
- 9+ Years Compliance, Legal, Regulatory, or Financial
Services.,Skills and Abilities:
- Advanced knowledge of regulatory compliance, relevant industry
regulations and regulatory data sources.
- Demonstrated experience facilitating change to achieve
measurable results.
- Demonstrated subject matter expertise compliance opportunities
and resolution.
- Business Line awareness.
- Detail orientated with the ability to also understand overall
strategy.
- Excellent interpersonal, supervisory, and customer service
skills required.
- Excellent written and verbal communication skills
- Excellent critical thinking skills with the ability to be adept
in identifying and resolving complex risk management problems.
- Excellent project management skills.
- Ability to build and foster internal and external
relationships.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
consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, genetics, disability, age, veteran status or any other
characteristic protected by law.This job description does not list
all of the job duties of the job. You may be asked by your
supervisors or managers to perform other duties. You may be
evaluated in part based upon your performance of the tasks listed
in this job description. The employer has the right to revise this
job description at any time. This job description is not a contract
for employment and either you or the employer may terminate at any
time for any reason.#LI-Hybrid
Primary Location: -Boston, MA, Boston
Other Locations: -Massachusetts-Boston
Organization: -Santander Holdings USA, Inc.
Keywords: Santander Holdings USA Inc, Cranston , Senior Compliance Advisor - Consumer Banking, Accounting, Auditing , Boston, Rhode Island
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