Associate, AML Compliance

Company: Banco Santander SA
Location: Boston
Posted on: May 18, 2025

Job Description:

Associate, AML ComplianceCountry: Vereinigte StaatenYour 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 Advisor - AML Risk Assessment serves as a subject matter expert for scheduled and ad-hoc assessments of BSA / AML and OFAC risk across lines of business, evaluating controls to mitigate such risks. Reporting to the Deputy BSA/AML Officer within the BSA/AML and OFAC Advisory team, the Advisor will ensure assessments meet regulatory, legal, and enterprise policy requirements, considering emerging risks and trends, and the impact on supporting controls. This role involves performing risk assessments, analyzing data, identifying root causes, and providing management with strategic recommendations.

• Plan, manage, and execute the annual risk assessment process across all lines of business, identifying inherent risks, evaluating control effectiveness, and determining residual risks.
• Conduct ad-hoc assessments to document Santander's exposure to emerging risks and trends, and evaluate the need for new or improved controls.
• Support other risk assessments and analyses as needed.
• Analyze qualitative and quantitative data to generate insights and strategic recommendations.
• Prepare reports for various stakeholders, including executive-level reporting for Compliance Committee meetings.
• Document and organize supporting evidence.
• Design and implement governance routines to improve efficiency and quality.What You Bring:To perform this role successfully, you should be able to perform each essential duty satisfactorily. The following are the minimum requirements:

• Bachelor's Degree or equivalent in Finance, Business, or a related field.
• 5+ Years of experience in Compliance, Legal, Regulatory, or Financial Services (preferred).
• Advanced knowledge of BSA, USA PATRIOT Act, and OFAC sanctions regulations.
• Experience monitoring and assessing money laundering and sanctions risks in banking environments.
• Experience planning, executing, and reporting on compliance monitoring activities.
• Strong analytical skills to identify risks and understand overall strategy.
• Self-motivated, adaptable, and skilled in managing cross-functional projects.
• Proven ability to work independently and collaboratively.
• Excellent project management and communication skills, with the ability to interact with all levels of management.
• Experience facilitating change and achieving results.Certifications:Certified Anti-Money Laundering Specialist (preferred).Additional Preferences:Established work history or equivalent through experience, training, military service, or education.What Else You Need To Know:The salary range for this position is as follows:
  • Minimum: $73,125.00 USD
  • Maximum: $125,000.00 USDBenefits and risk culture details are provided in the original description.Equal Opportunity Statement:We value diversity and are an equal opportunity employer. All qualified applicants will receive consideration without regard to protected characteristics.Working Conditions:Minimal physical effort required; occasional moving or lifting may be necessary.Employer Rights:This job description is not exhaustive and may be revised at any time.What To Do Next:If interested, please apply. We support an inclusive application process and accommodations for disabilities can be arranged by contacting us at TAOps@santander.us.
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Keywords: Banco Santander SA, Marthas Vineyard , Associate, AML Compliance, Other , Boston, Massachusetts