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Consumer Regulatory Compliance Advisor - Senior Associate

Santander
Posted 4 days ago, valid for 19 days
Location

Boston, MA 02212, US

Salary

$62.5 - $75 per hour

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Contract type

Full Time

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Sonic Summary

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  • The Compliance department is seeking candidates for multiple positions focusing on Deposit and Consumer Lending, requiring a minimum of 5 years of Consumer Compliance experience.
  • Ideal candidates should be detail-oriented with a strong background in governance and testing to ensure adherence to regulatory requirements and internal policies.
  • The Senior Advisor will provide key Compliance support for the innovative digital offering, Openbank, and other strategic initiatives, including quantitative analysis and risk identification.
  • Responsibilities include leading cross-functional risk teams, advising management on banking issues, and ensuring compliance with legal and regulatory standards.
  • The salary for this position is competitive, reflecting the level of expertise and experience required.

Multiple opportunities available in our Compliance department, areas of focus will be in Deposit and/or Consumer Lending. We are seeking someone with Consumer Compliance experience, must be detail oriented and with a strong background in governance and/or testing to ensure adherence to regulatory requirements and internal policies. Additionally, support and coordination may be needed across other SLOD risk domains (beyond compliance). The Senior Advisor will provide key Compliance support to our innovative new digital offering; Openbank and other strategic initiatives. 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: Ability to lead and coordinate across cross functional risk teams to ensure alignment, support requirements/traceability reviews including testing and validation, and produce program level risk reporting for executive leadership. Advises management on current issues regarding banking. Serves as a subject matter expert to ensure documents, projects, processes or product initiatives comply with regulatory and legal requirements and enterprise policy. Partners with managers in assigned business unit to respond to reports issued by regulatory agencies or audit. Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance. Responds to regulatory inquiries and third party examiners. Collaborates across business units within the organization to ensure consistency in policies and procedures. Identifies compliance opportunities and potential solutions. Performs risk assessments, synthesizes analyses, identifies root cause(s), and provides recommendations to management. Provides compliance input on business action plans, projects, or operational requests. Provides insight and guides management on issues. Leads and influence cross functional enterprise projects or compliance teams. Leads efforts to improve standardization and efficiency of responses to regulators. Offers recommendations and makes project related decisions within scope of work assignment. Serves as a resources to team members on escalated issues of unusual nature. Mentors and enhances compliance staff knowledge competencies.




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By applying, a Santander account will be created for you. Santander's Privacy Policy will apply.

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