Compliance Manager at Santander

Boadilla del Monte, Community of Madrid, Spain

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Investment BankingIndustries

Requirements

10+ years of financial industry experience in a US or European regulated institution, with direct advisory compliance responsibilities
Proven ability to advise senior stakeholders and operate in a fast-paced, high-pressure environment
Strong background in fixed income sales and trading compliance; commodities experience considered a plus
Knowledge of Dodd Frank regulation beneficial
Bachelor’s degree required
Relevant professional qualifications (e.g., CISI, ICA, ACAMS, CFA, MBA) beneficial
Strong knowledge of FICC regulations, including EMIR, MiFID II, MAR, SFTR; familiarity with CFTC/SEC regulatory frameworks a plus
Ability to provide regulatory/compliance advice on complex trading activities
Exceptional analytical, written, and verbal communication skills; able to influence and engage senior stakeholders
Resilient decision-making: able to make, support, and defend complex compliance judgments in high-pressure environments
Action-oriented and delivery-focused; proactive with strong organizational skills
Professional presence with the ability to engage confidently with senior business leaders
Ability to project confidence and professionalism

Responsibilities

Provide real-time compliance advisory to Global Markets sales and trading, Global Banking, and Global Transaction Banking businesses
Advise on regulations, trade reporting, surveillance, supervision, policies, procedures, and other compliance matters typical of a global investment bank
Lead and manage the Madrid Business Line Compliance team, embedding a sustainable compliance framework
Monitor and interpret regulatory trends and developments, advising stakeholders on their business impact
Draft, update, and implement relevant policies and procedures; deliver regulatory and compliance training
Support supervisory/control mechanisms, ensuring alignment with local and global compliance frameworks
Participate in conduct investigations, respond to regulatory inquiries, and coordinate audits and compliance monitoring reviews
Interact with regulators (local and global) on compliance matters
Identify regulatory and conduct risks; contribute to annual risk assessments
Develop strong relationships with senior business stakeholders, Legal, Risk, and Control teams to strengthen the Compliance brand
Collaborate with Global and US Compliance teams to ensure a consistent approach across SCIB
Prepare reports for senior management and governance committees
Ensure documents, projects, processes, and product initiatives comply with regulatory and legal requirements as well as SCIB policy

Skills

Key technologies and capabilities for this role

Compliance AdvisoryRegulatory ComplianceTrade ReportingMarket SurveillanceRisk ManagementTeam LeadershipGlobal MarketsGlobal BankingTransaction BankingRegulatory MonitoringCompliance Framework

Questions & Answers

Common questions about this position

What experience is required for the Compliance Manager role?

Candidates need 10+ years of financial industry experience in a US or European regulated institution, with direct advisory compliance responsibilities and proven ability to advise senior stakeholders.

Where is the Compliance Manager position located?

The position is located in Spain, specifically involving leading the Madrid Compliance team.

What are the key responsibilities of this role?

Responsibilities include providing real-time compliance advisory to Global Markets, Global Banking, and Global Transaction Banking, leading the Madrid Compliance team, monitoring regulatory trends, drafting policies, and interacting with regulators.

What is the company culture like at Santander CIB?

Santander CIB embraces a strong risk culture where professionals take a proactive approach to risk management, promotes equal opportunities regardless of gender identity, culture, and disability, and aims to help more people and businesses prosper.

What makes a strong candidate for this Compliance Manager position?

A strong candidate has 10+ years of compliance experience in regulated financial institutions, expertise in advising on regulations for global markets and banking, and leadership skills to manage a compliance team.

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.

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