AML Compliance Analyst - Remote MA at Santander

Boston, Massachusetts, United States

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

Criminal Justice background preferred
Strong knowledge & usage of Word & Excel
0+ Years Financial Services Industry experience - Required
0+ Years Law enforcement experience - Preferred
Bachelor's Degree or equivalent work experience: Economic Crimes, Criminal Justice or equivalent degree - Required
Other: Equivalent combination of education and experience may be substituted in lieu of degree - Required
Master's Degree: Economic Crimes, Criminal Justice or equivalent degree - Preferred
Robust knowledge and understanding of AML/BSA/OFAC legal and regulatory matters affecting the compliance program
Ability to gather and process statistical data in order to forecast team workflow requirements
Ability to maintain attention to detail and accuracy under pressure
Strong PC skills including Excel, PowerPoint and Process Flow Creation
Strong verbal and written communication skills
Strong organizational and time management skills
Strong analytical and problem solving skills
Motivated, team-oriented, with the ability to work independently
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education (preferred)
Experience in Microsoft Office products (preferred)

Responsibilities

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
Monitors, tracks, and identifies suspicious activities and trends through various systems/applications
Conducts due diligence and recommends appropriate risk-based business actions to be taken concerning client relationship onboarding or ongoing monitoring
Assists Team Manager with coaching new hire analysts and cross-trains on various operations across the FIU as needed by production volumes
Provides accurate documentation of customer investigations account activity
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
Participates in special projects as assigned

Skills

AML Compliance

Financial Intelligence Unit

Suspicious Activity Monitoring

Due Diligence

SAR Filing

Microsoft Word

Microsoft Excel

Criminal Justice

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

Land your dream remote job 3x faster with AI

Try Jobo Free