Director Business Line Compliance

Banco Santander SA; España; Presencial; EUR 170.000 - 240.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Meal subsidy

Gym/WellHub membership

Healthcare access

Childcare support

Descripción de la vacante

Banco Santander SA in Madrid is seeking a Director of Business Line Compliance to lead the local compliance strategy in alignment with SCIB global objectives. You will advise senior leadership, oversee complex regulatory coverage, and drive regulatory change programs while ensuring robust risk management.

The role requires extensive experience in EU regulatory regimes and strong leadership to manage cross-border initiatives and external regulatory engagements. Travel may be required.

Formación

• 12–15+ years of experience in financial services compliance.
• Experience at Director or equivalent senior leadership level.
• Proven track record advising senior leaders in high-pressure environments.
• Extensive experience in Global Markets (FICC) compliance.

Responsabilidades

• Set strategic direction for Business Line Compliance in Madrid with global objectives.
• Provide real-time advisory to Global Markets, Global Banking, and GTB.
• Manage regulatory relationships and respond to inquiries and inspections.
• Translate regulatory developments into strategic business implications.
• Oversee the compliance framework, policies, and risk monitoring.
• Lead cross-border alignment and reporting to governance bodies.

Conocimientos

Fluent English

Educación

Bachelor's degree

Advanced degree (MBA, Law) or professional certifications (CFA, ICA, CISI, ACAMS)

Descripción del empleo

Director Business Line Compliance Country: Spain

IT STARTS HERE Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference. Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Santander Corporate & Investment Banking (Santander CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.

Key Responsibilities

Strategic Leadership & Governance

• Set the strategic direction for Business Line Compliance in Madrid, aligning local priorities with SCIB global compliance objectives.
• Act as a trusted advisor to senior executive leadership, including regional heads of Markets, Banking, and Transaction Banking.
• Lead and develop a high-performing compliance organization, fostering a strong culture of accountability, integrity, and risk awareness.
• Represent Spain in global compliance governance forums, contributing to enterprise-wide decision‑making.

Front-Office Advisory & Risk Oversight

• Provide senior-level, real-time advisory to Global Markets (sales & trading), Global Banking, and GTB on complex and high-impact matters.
• Deliver credible challenge to business initiatives, ensuring activities operate within regulatory expectations and risk appetite.
• Oversee compliance coverage for complex products, structured transactions, and new business initiatives.

Regulatory Engagement & External Representation

• Serve as the primary point of contact for local regulators, maintaining strong, credible relationships with supervisory authorities.
• Lead responses to regulatory inquiries, thematic reviews, inspections, and enforcement matters.
• Represent Santander externally on key compliance and regulatory topics where relevant.

Regulatory Strategy & Change

• Anticipate and interpret regulatory developments across EU and global markets (MiFID II, EMIR, MAR, SFTR, etc.), translating them into strategic business implications.
• Sponsor and oversee implementation of regulatory change programs, ensuring timely and effective execution.

Frameworks, Controls & Conduct Risk

• Ensure the design and execution of a robust compliance framework, including policies, procedures, surveillance, and monitoring programs.
• Oversee conduct risk management, investigations, and escalation processes.
• Lead the annual compliance risk assessment and ongoing risk identification activities.

Global Collaboration

• Partner closely with Global and US Compliance leadership to ensure a consistent and harmonized approach across jurisdictions.
• Drive cross-border alignment in policies, controls, and advisory practices.

Stakeholder Influence & Reporting

• Build and maintain strong relationships with senior stakeholders across Business, Legal, Risk, Audit, and Control functions.
• Provide executive-level reporting to governance committees, boards, and senior management on compliance risks and issues.

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We're enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Professional Experience 12–15+ years of experience in financial services compliance within a major global bank or regulated institution. (Required)
• Demonstrated experience operating at Director or equivalent senior leadership level. (Required)
• Proven track record advising senior business leaders in high-pressure, complex environments. (Required)
• Extensive experience in Global Markets (FICC) compliance, with exposure to Investment Banking and Transaction Banking. (Required)
• Strong experience managing regulatory relationships and high-impact supervisory engagements. (Required)
• Knowledge of US regulatory frameworks (CFTC/SEC, Dodd-Frank) is highly desirable. (Preferred)

• Education Bachelor's degree (Required. Advanced degree (MBA, Law, etc.) or professional certifications (CFA, ICA, CISI, ACAMS) (preferred)

• Languages Fluent English (Required)

• Skills and Knowledge Deep expertise in European regulatory frameworks: MiFID II, EMIR, MAR, SFTR, and cross-border regimes. Understanding of global frameworks such as Dodd-Frank (Swap Dealer and Volcker) is a plus.
• Strong strategic mindset with the ability to translate regulation into business strategy.
• Exceptional leadership, influencing, and stakeholder management skills at executive level.
• Proven ability to challenge, influence, and guide senior stakeholders while maintaining strong relationships.
• Highly resilient decision-maker, comfortable operating under regulatory scrutiny and time pressure.
• Excellent communication skills with experience presenting to boards and senior governance forums.
• Strong organizational leadership and talent development capabilities.

Other information

Full-time, permanent role based in Madrid. Regular interaction with global teams; international travel may be required.

WE VALUE YOUR IMPACT

• Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
• Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
• Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
• We know family is everything. That's why we offer childcare support and family-friendly programmes tailored to each life stage.
• Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
• Extra benefits. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees.
• And that's only the beginning—we'll tell you more when you join! We're here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.

LOCAL COMPLIANCE

LOCAL COMPLIANCE Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.