Advisor, Compliance

    Santander Bank
    2 Morrissey Boulevard, Dorchester, MA 02121
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    Job Description

    Advisor, Compliance-2001803


    The Advisor, Compliance is primarily responsible for ensuring the company complies with regulatory requirements and internal policy and procedures. S/he undertakes standard reviews and escalates to senior staff where non-compliances are identified.

    • Analyzes existing and proposed legislation, regulatory announcements, and industry practices for compliance requirements, and implements procedures to meet these requirements for applicable business units
    • Assesses procedures and policies to ensure the business units are in compliance with standard regulatory and policy requirements
    • Coaches and reviews work of junior level Compliance professionals
    • Collaborates with team on projects and program tasks intended to improve compliance and enhance the control environment
    • Evaluates controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management
    • Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance
    • Prepares drafting of policy and procedural documentation when control changes are made
    • Transfers work product into simple guidance/templates for future reference
    • Undertakes standard reviews and escalates to senior staff where non-compliances are identified
    • Validates controls or project plans to ensure compliance with laws, rules and regulations
    • Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship to other team members.

    • Bachelor's Degree; Business, Finance or equivalent field
    • Master's Degree; Business, Finance or equivalent field or equivalent work experience
    • 5-9 years; Compliance, Legal, Regulatory, or Financial Services.
    • Ability to effectively deal with senior management as well as, Federal/State and other Regulators
    • Ability to influence others, including senior leadership
    • Ability to mentor and guide staff and numerous projects simultaneously
    • Ability to quickly respond to inquiries from regulatory agencies, internal partners, and external consultants
    • Ability to read, analyze and interpret government regulations, trade journals and legal documents
    • Ability to resolve complex situations with internal clients and regulators, while maintaining a professional presence
    • Ability to work cross-functionally as a team player
    • Advanced Microsoft Office (Excel, Word, PowerPoint, Outlook, Sharepoint) skills
    • Excellent verbal and written communication skills
    • Practical knowledge of corporate regulatory requirements, and factors influencing the business in which the Corporation operates
    • Practical knowledge of key business control areas (Audit & Risk Review, Risk Management, Finance, Human Resources, and Legal) and governmental regulatory agencies
    • Strong project management skills
    • Ability to speak Spanish preferred
    • FINRA series 7, FINRA series 24.
    • FINRA series 53 preferred or obtained within a certain timeframe.
    • Minimal physical effort such as sitting, standing, and walking.
    • Communicates in a timely and straightforward manner
    • Probes for additional information, clarifies assumptions and confirms agreed-upon actions
    • Keeps everyone involved informed about progress and issues
    • Communicates the importance and benefits of risk management to counterparts
    • Displays natural skepticism and curiosity to question the status quo and uncover issues
    • Adheres to a good root cause analysis process
    • Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change
    • Provides assistance and coaches less experienced team members
    • Executes risk management process and procedures without management direction, and demonstrates awareness of expected results
    • Knows the relationship and impact of actions and results
    • Has an understanding of regulations impacting area supported
    • Follows through to meet commitments to others
    • Takes responsibility for achieving strong results, despite balancing multiple complex demands
    • Knows who to reach out to inside and outside of one's team to get work done
    • Takes action to enhance working relationships needed to achieve seamless work flow
    • Stays current with industry and regulatory trends and emerging risk issues
    • Has good understanding of current market and competitive landscape that the organization operates within
    • Uses information and data effectively to support a position and present a rational case
    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


    Primary Location:Massachusetts-Dorchester-2 Morrissey Boulevard - 06367 - Columbia Park-Corp

    Organization:Consumer & Business Banking (1001)


    Job Posting:Jul 2, 2020, 7:10:42 PM

    Posting ID: 559418272Posted: 2020-07-08