Sr. Director, SC Head of AML/BSA - Santander Holdings USA : Job Details

Description:

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

• Responsible for administering, maintaining, coordinating and monitoring the institution's day-to-day compliance with BSA/AML/OFAC/FinCEN/USA Patriot Act, and related laws, regulations, policies, programs, initiatives, rules and reporting requirements.
• Responsible for managing, administering, and enhancing all aspects of the BSA/AML/OFAC monitoring systems, including making sure that appropriate parameters are in place to identify suspicious activity. Monitoring systems include both system reporting and automated account monitoring software.
• Ensure that all required regulatory reporting is conducted in a timely, accurate, complete and compliant manner, including but not limited to the timely and properly completed submissions of Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) to FinCEN as well as FinCEN 314(a) and 314(b) procedures and reporting.
• Responsible for responding to exam and audit findings and overseeing the corrective action of any related compliance deficiencies or violations.
• Responsible for maintaining and updating the BSA/AML/OFAC policies and procedures as needed.
• Conduct BSA/AML/OFAC risk assessments annually or as needed with consideration to products, services, customers, and geographies that may present BSA/AML/OFAC related risk; and collect and report annually.
• Prepares monthly (or more frequent) reports for committees to apprise senior management of the state of the program and any BSA/AML/OFAC risks.
• Reports periodically to the Board of Directors on the status of BSA/AML/OFAC program and any BSA/AML/OFAC risks.
• Responsible for managing the KYC/EDD program for One Compliance.
• Supervise the duties and development/coaching of the BSA Analysts.
• Performs various other duties as assigned.
• Reports and escalates all material deficiencies.
• Produce regular activity reports. Advise the CCO, CEO and senior management of any changes in business, regulation or market that may affect the business of the Firm.

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.

Education:

• Bachelor's Degree or equivalent work experience: Finance, Business or equivalent field. Req
• Master's Degree Finance, Business or equivalent field. Pref

• CAMS (Certified Anti-Money Laundering Specialist) Certification or equivalent; preferred

Work Experience:

• 12+ Years Compliance, Legal, Regulatory, or Financial Services. Req

Skills and Abilities:

• Experience working in a fast-paced and dynamic environment
• Self-motivated with strong leadership abilities
• Strong investigative/analytical skills
• Excellent problem solving, analytical ability, oral and written communication skills.
• Ability to identify emerging risks and develop strategies to address
• Ability to read and understand technical and legal language
• Ability to multi-task
• Strong organization skills
• Confidentiality and sound business judgement
• Demonstrated experience in senior compliance and/or operations management position within the securities/financial services or banking industry.
• Demonstrated experience managing a Compliance Program.
• Advanced understanding of Enterprise Compliance Risk Management and best practices.
• Ability to effectively communicate with senior management and Regulators.
• Superior leadership, supervisory, and customer service skills.
• Ability to negotiate and compromise.
• Ability to communicate and influence senior executive leadership.
• Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
• Ability to adjust to new developments/changing circumstances.
• Ability to effectively communicate and build relationships with multiple levels of the organizational structure, including senior level management.
• Ability to maintain and report on confidential information in an appropriate manner.
• Excellent analytical, organizational and project management skills.
• Excellent written and oral communication skills.
• Ability to convey a sense of urgency and drive issues/projects to closure.
• Ability to effectively interact with the market, executive management and vendors.
• Ability to adapt and adjust to multiple demands and competing priorities.
• Ability to direct, train and guide peers, subordinates and management.

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.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.Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

Primary Location: Dallas, TX, Dallas

Other Locations: Texas-Dallas

Organization: Santander Consumer USA Inc.