FCC Compliance Manager at Santander

Bogotá, Cundinamarca, Colombia

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial Services, Corporate Investment BankingIndustries

Requirements

Knowledge and expertise in FCC (Financial Crime Compliance), including AML, CTF, and Sanctions
Ability to provide professional advice on regulatory, legislative, and policy obligations
Experience in client on-boarding, CDD refresh, exceptions, dispensations, waivers, and escalation protocols
Capability to implement and maintain Group FCC policies and controls
Understanding of financial crime risk assessment and mitigation for new products
Skills in responding to Assurance, Internal/External Audit, and regulatory findings
Awareness of changes to legislation and regulatory requirements relating to FCC
Proactive approach to risk management and strong risk culture

Responsibilities

Provide timely advice to the business (e.g., Wholesale financial products including Trade Finance and cash management) and support functions on financial crime obligations
Develop and oversee FCC Sanctions, Advisory, and Policies & Procedures
Act as the central point of contact in the second line of defence for referrals relating to complex and/or higher risk clients from the first line
Provide advice/recommendations on actions and decisions related to financial crime risk mitigation
Provide advice and decisions on client on-boarding or CDD refresh requirements, including exceptions, dispensations, waivers, and escalation protocols
Implement and maintain Group FCC policies and controls within the Amsterdam branch, including input into Group policies, new product assessments, and responding to audit/regulatory findings
Identify and inform of changes to legislation and regulatory requirements relating to FCC
Lead the Local FCC Meeting in the absence of the MLRO
Identify and report unusual activity in a timely manner to the FIU NL

Skills

FCC Compliance

AML

CTF

Financial Crime Risk Management

MLRO

Regulatory Compliance

Risk Oversight

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