VP-Regulatory Compliance Officer-CIB

VP-Regulatory Compliance Officer-CIBNew York, United States of America

WHAT YOU WILL BE DOING

The VP, Compliance Officer coordinates and implements a wide range of regulatory compliance initiatives, including:

• monitoring activities to minimize exposure to risk and to ensure adherence to policies and procedures;

• coordinating with first line of defense and support areas to identify risks;

• developing plan for resolution of issues;

• updating and maintaining regulatory compliance policies and procedures;

• coordinating second line of defense training modules for employees;

• developing, tracking and analyzing regulatory developments;

• creating compliance communications; and

• reporting on regulatory compliance matters to senior management . 

Responsibilities:

• Assisting in the implementation and administration of the compliance program, including federal banking regulations and business practices.

• Drafting and updating policies and standard operating procedures related to the compliance program.

• Monitoring of the compliance procedures and controls for effectiveness, and recommend changes as appropriate.

• Coordinating with regional and global compliance for the development, maintenance and delivery of tailored training modules on compliance and ethics-related topics.

• Coordinating annual attestations (i.e. code of conduct, personal securities transactions, outside business activities).  Collect and maintain a Tracking Report of the statements and information provided by the employees.

• Coordinating and executing the compliance and regulatory initiatives and other special projects, including regulatory risk assessments and periodic compliance reporting, and analysis of new regulations, regulatory guidance, and compliance processes.

• Monitoring and researching regulations to determine applicability to the business and implement responsive compliance measures.

• Preparing reports as necessary to be presented at Compliance, Risk and Management Committees.

• Monitor industry developments and maintain knowledge of new and amended laws and regulations

• Participate in industry forums to enhance compliance knowledge.

• Promoting knowledge sharing and promulgation of best practices across SCIB Compliance and the business.

• Informing Compliance management of significant compliance matters that require their attention or action.

• Additional duties as assigned.

Qualifications

• 5+ years financial industry experience within a U.S. regulated financial institution, specific work experience with banking and broker-dealer federal and state regulations.

• Bachelor’s degree.

• Advanced knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.

• Ability to prioritize and manage multiple tasks in a high pressure environment.

• In-depth knowledge of current financial regulatory requirements for corporate and investment banking business.

• Experience in negotiating transactional documentation (i.e. for loans, securities underwriting) and third-party vendor agreements (i.e. service agreements, license agreements).

• Strong critical thinking and analysis skills, verbal and written communications skills, and project management skills.

• Ability to work independently.

• Proficient with Microsoft products and legal systems (Westlaw).

• Spanish (will be a plus but not required)

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.

For NYC Job Applicants: The base annual salary range for this position is $110,000-$155,000.  The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Masters of Science (MS) English

Primary Location: New York, NY, New York

Other Locations: New York-New York

Organization: Banco Santander S.A.

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO