Sr. Associate, AML Compliance- Corporate &

Ex-MilitaryCareers.com USA; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player in financial services is seeking a Sr. Associate for AML Compliance. This pivotal role focuses on minimizing risk through thorough investigations, compliance with regulations, and supporting the AML/Compliance Team. You will lead efforts in quantitative analysis, develop metrics for risk identification, and coach AML Analysts. The company values diversity and fosters a culture of continuous learning and growth, making it an exciting opportunity for professionals looking to make a significant impact in the field.

Qualifications

• 9+ years of experience in Compliance, Legal, Regulatory, or Financial Services.
• Expertise in quantitative modeling and statistical analysis.

Responsibilities

• Monitor activities to minimize the company's exposure to risk.
• Develop models and metrics to identify potentially hazardous transactions.
• Coach AML Analysts in analyzing high-level customer relationships.

Skills

Quantitative Modeling

Statistical Analysis

Large Database Management

Interpersonal Skills

Communication Skills

Project Management

Critical Thinking

Education

Bachelor's Degree in Finance

Master's Degree in Finance

Job description

Sr. Associate, AML Compliance - Corporate & Investment Banking

Country: United States of America

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe our employees are our greatest asset. We focus on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing personal growth. We are committed to creating an environment that prioritizes continuous learning and development, enabling you to thrive both professionally and personally. Join us at Santander, where you will find opportunities to connect and collaborate with talented colleagues worldwide, sharing insights and driving innovation.

We Want to Talk to You!

The Sr. Associate, AML Compliance, is responsible for various operations including AML investigations, SAR filing, enhanced due diligence, high-risk customer surveillance, special investigations, and OFAC compliance. The role involves supporting the AML/Compliance Team to ensure adherence to BSA/AML regulations, OFAC regulations, and the USA PATRIOT Act.

Job Responsibilities:

1. Monitor activities to minimize the company's exposure to risk, including quantitative analysis and risk remediation.
2. Represent or support the company's reputation by resolving issues and ensuring compliance with legal and regulatory standards.
3. Ensure all company activities comply with applicable rules and regulations.
4. Develop models, metrics, and controls to identify potentially hazardous transactions.
5. Serve as an SME on AML policies and procedures, guiding employees on remediation actions for high-risk accounts.
6. Coach AML Analysts in analyzing high-level customer relationships.
7. Interact with stakeholders and law enforcement to gather critical information.
8. Participate in projects across the organization as an SME.
9. Detect suspicious activities through transaction monitoring and formulate SAR reports.
10. Document account activities accurately and recommend risk-based actions.
11. Collaborate with business units to develop corrective actions and ensure compliance.
12. Provide regulatory guidance as needed.

Qualifications:

• Bachelor's Degree or equivalent in Finance, Business, or related field; Master's preferred.
• 9+ years of experience in Compliance, Legal, Regulatory, or Financial Services.
• Expertise in quantitative modeling, statistical analysis, and large database management.
• Strong interpersonal, communication, project management, and critical thinking skills.
• Ability to lead, influence, and make effective decisions on complex matters.

Additional Information:

We value diversity and are an equal opportunity employer. Physical requirements include sitting, standing, walking, and lifting up to fifty pounds. The employer reserves the right to revise this job description at any time.