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Associate, AML Compliance - Governance

Company: Santander Holdings USA Inc
Location: Salem
Posted on: November 18, 2022

Job Description:

Associate, AML Compliance - Governance

Dorchester, United States of America


Monitors activities to minimize the company's exposure to risk. Activities may include risk identification, analysis 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:

Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance.
Evaluates controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management.
Collaborates with team on projects and program tasks intended to improve compliance and enhance the control environment.
Coordinate BSA/AML and OFAC Compliance reporting up to and including the Board.
Develop period and ad-hoc BSA/AML and OFAC presentation materials for AML and Compliance Management
Support BSA/AML and OFAC Internal Audit and Regulatory Examination reviews.
Work with SBNA's first line of defense Money Laundering Prevention Officers / Teams to support the BSA/AML and OFAC Compliance program.
Support various projects working with the Santander- US BSA Officers.
Working with the Training department to develop BSA/AML and OFAC training.

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.

Bachelor's Degree or equivalent work experience

Work Experience:
5-9 years ; Compliance, Legal, Regulatory, or Financial Services.

Skills and Abilities:

Strong MS-PowerPoint and Excel skills.
Practical knowledge of BSA, AML and OFAC regulatory requirements, and factors influencing the business in which the Corporation operates.
Practical knowledge of key business control areas (e.g., Audit, Risk Management) governmental regulatory agencies.
Ability to resolve complex situations with internal clients and regulators, while maintaining a professional presence.
Ability to quickly respond to inquiries from regulatory agencies and internal partners
Ability to read, analyze and interpret government regulations and trade journals.
Ability to effectively deal with senior management as well as, Federal/State and other Regulators
Ability to work cross-functionally as a team player.
Bachelor of Science (BS) English

Primary Location: - Dorchester, Massachusetts, United States of America

Other Locations: - Massachusetts-Dorchester

Organization: - Santander Bank N.A.

Keywords: Santander Holdings USA Inc, Salem , Associate, AML Compliance - Governance, Other , Salem, Massachusetts

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