Santander US Analyst, AML Compliance in Dorchester, Massachusetts
Analyst, AML Compliance
Req ID: 2101485 Date posted 04/08/2021
The Analyst, AML Compliance is responsible for minimizing the company's exposure to risk.by conducting various operations across the Financial Intelligence Unit including monitoring, identifying, and detecting suspicious activities and trends through various systems/applications
Advises and educates lines of business (LOBs) in order to ensure full AML compliance
Assists Team Manager with coaching new hire analysts and cross-trains on various operations across the FIU as needed by production volumes
Conducts due diligence and recommends appropriate risk-based business actions to be taken concerning client relationship onboarding or ongoing monitoring
Formulates suspicious activity reports that meet internal and all regulatory standards
Keeps abreast of AML/BSA/OFAC legal and regulatory matters affecting the compliance program
Monitors, tracks, and identifies suspicious activities and trends through various systems/applications
Participates in special projects as assigned
Provides accurate documentation of customer investigations account activity.
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.
Bachelor's Degree; Economic Crimes, Criminal Justice or equivalent degree.
Master's Degree; Economic Crimes, Criminal Justice or equivalent degree or equivalent work experience;
Equivalent combination of education and experience may be substituted in lieu of degree.
0-3 years; Financial Services industry or related field
Law enforcement experience.
Skills and Abilities
Ability to gather and process statistical data in order to forecast team workflow requirements
Ability to maintain attention to detail and accuracy under pressure
Motivated, team-oriented, with the ability to work independently
Robust knowledge and understanding of AML/BSA/OFAC legal and regulatory matters affecting the compliance program
Strong PC skills including Excel, PowerPoint and Process Flow Creation
Strong analytical and problem-solving skills
Strong organizational and time management skills
Strong verbal and written communication skills.
- Minimal physical effort such as sitting, standing, and walking.
Builds effective working relationships with peers
Communicates clearly and precisely
Listens carefully and asks questions to clarify understanding
Knows who the organization’s key customers and competitors are
Has a basic understanding of financial services industry and how organizations operate
Learns about and diligently follows established risk management policies, processes and procedures
Maintains professional behavior at all times in representing the company
Does all routine work accurately and on-time; is aware of own impact on others
Openly and proactively shares information
Understands the central role the risk management function plays in the organization environment
Learns to identify and flag items non-compliant with regulations
Works effectively in team settings
Shows appreciation for others' help and lends a hand when needed to complete shared tasks
Primary Location: Dorchester, Massachusetts, United States
Other Locations: Massachusetts-Dorchester
Organization: Santander Bank, N.A.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
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