Logo of Huzzle

: Financial Crime Compliance Advisory Associate

image

Santander

8d ago

  • Job
    Full-time
    Mid & Senior Level
  • Legal
    Banking & Finance
  • Quick Apply

AI generated summary

  • You need strong analytical skills, financial crime compliance experience, knowledge of AML and sanctions, data analysis abilities, and good communication skills. Degree and relevant qualifications are desirable.
  • You will advise on AML, CTF, and Sanctions cases, align FCC policies, train teams, implement monitoring tools, mitigate risks, support assessments, contribute to policy development, and generate reports.

Requirements

  • Required:
  • Excellent critical thinking, analytical and problem-solving skills
  • Should show initiative, be organized and be able to plan and prioritize.
  • Previous experience of Financial Crime Compliance Advisory in financial services with an international client-base or comparable large corporate organizations.
  • In-depth knowledge of applicable legislation and accompanying industry guidance (AML, Sanctions, ABC, ATE and/or Fraud) and the ability to practically apply these in your day-to-day work
  • Experience of using systems and software to analyze data.
  • Good communication, both written and verbal, and ability to make decisions and influence stakeholders.
  • Desirable:
  • Educated to Degree level in a relevant subject
  • External qualification in Financial Crime (e.g. from ACAMS or ICA).
  • Previous experience in developing financial crime policies and implementing and overseeing control frameworks.
  • Knowledge of Financial Crime risks and how these are managed in Wholesale/Corporate and Investment Banking.
  • Knowledge of Wholesale/Corporate and Investment Banking products.

Responsibilities

  • Receiving escalations relating to complex AML, CTF and Sanctions risk cases (including clients, products and services) from the first or other second line of defence teams. Providing advice / recommendations on next steps and need for enhanced monitoring where appropriate for higher risk cases.
  • Ensuring that FCC policies and guidance align with Global documents, as well as current legal and regulatory requirements and expectations.
  • Maintaining FCC Policies, Standards, Protocols, Waivers and Dispensations.
  • Providing guidance and training to the first line of defence on the implementation and impact of policies and standards.
  • Developing and delivering FCC training and awareness programmes for relevant stakeholders.
  • Supporting implementation of monitoring and screening tools through ensuring systems meet local regulatory requirements and updating relevant manuals and/or procedures where necessary.
  • Recommending and implementing actions required to mitigate financial crime risks identified within the client portfolio and producing high quality reports for senior management.
  • Supporting Financial Crime Risk Assessments.
  • Contributing towards establishing Risk Appetite thresholds.
  • Contributing to change management programmes and internal Policy development as an FCC subject matter expert.
  • Developing relevant MI and reporting.

FAQs

What is the job title for this opportunity?

The job title is Financial Crime Compliance Advisory Associate.

Where is this position located?

This position is located in Germany.

What institution is offering this role?

This role is offered by Santander Corporate & Investment Banking (Santander CIB).

What are the main responsibilities of a Financial Crime Compliance Advisory Associate?

The main responsibilities include managing the Anti-Money Laundering (AML), Countering the Financing of Terrorism (CTF), and Sanctions risk framework, providing advice on complex cases, maintaining FCC policies, and delivering training programs.

What qualifications are required for this position?

Required qualifications include excellent critical thinking and analytical skills, experience in Financial Crime Compliance Advisory, in-depth knowledge of applicable legislation, and good communication skills.

Are there any desirable qualifications for this role?

Yes, desirable qualifications include a degree in a relevant subject, an external qualification in Financial Crime, experience in developing financial crime policies, and knowledge of Financial Crime risks in Wholesale/Corporate and Investment Banking.

Is previous experience necessary for applicants?

Yes, previous experience in Financial Crime Compliance Advisory in financial services or comparable large corporate organizations is required.

Will there be training provided for this role?

Yes, the position includes the development and delivery of FCC training and awareness programs for relevant stakeholders.

Who should applicants contact for more information?

Applicants should contact the Human Resources department at Banco Santander, S.A., Frankfurt Branch via email at recruiting-germany@gruposantander.com.

Is this position part of a team structured approach to risk management?

Yes, Santander embraces a strong risk culture, and all professionals are expected to take a proactive approach towards risk management within a structured framework.

Here to help you prosper

Finance
Industry
10,001+
Employees
1857
Founded Year

Mission & Purpose

Santander is a leading global bank, founded in 1857 and headquartered in Spain, and is one of the largest banks in the world by market capitalisation. It provides a wide range of financial products and services, including personal and corporate banking, wealth management, and insurance. With a strong presence in Europe, Latin America, North America, and Asia, Santander's mission is to help people and businesses prosper by offering customer-centric solutions. Its purpose is to support growth and innovation while fostering responsible banking practices to benefit individuals, businesses, and communities.