Job Description
Santander Bank, N.A. is a global leader in financial services and is evolving into a technology-driven organization. The Analyst role is responsible for managing the Screening, Transaction Monitoring, and Trade Finance processes to ensure compliance with anti-money laundering and financial crime regulations while supporting business lines and clients through the lifecycle processes. Responsibilities Conduct alert reviews and investigations and request additional information from applicable stakeholders as necessary Perform Quality Assurance on false positives and communicate deficiencies to the appropriate party Keep abreast of new rules and AML typologies relating to specific business lines Escalate alerts to Compliance 2LOD as necessary Analyze existing and proposed legislation, regulatory announcements, and industry practices for compliance requirements, and implements procedures to meet these requirements for applicable business units Assess procedures and policies to ensure the business units are in compliance with standard regulatory and policy requirements Coach and review work of junior colleagues Collaborate with teams on projects and program tasks intended to improve compliance and enhance the control environment Evaluate controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management Identify systemic procedural weaknesses and additional training requirements needed to ensure compliance Prepare drafting of policy and procedural documentation when control changes are made Validate controls or project plans to ensure compliance with laws, rules and regulations Act as a subject matter expert (SME) while providing leadership, guidance, and mentorship to other team members Develop and implement Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) to measure the effectiveness and efficiency of AML controls Create and maintain dashboards and reports to provide management with a clear, data-driven view of the trade finance AML landscape Perform research, analyze relevant compliance-related information, and make recommendations on necessary procedural/control changes on more complex compliance matters Assist with the planning, execution/gathering documentation, and reporting of audits/security assessments Support management in the day-to-day efforts related to compliance with laws, rules, regulations, and related policies Research regulations by reviewing regulatory bulletins and other sources of information Maintain rapport with regulatory personnel by arranging continuing contacts, resolving concerns Prepare reports by collecting, analyzing, and summarizing information Identify and report on changing trends in methods used by fraud perpetrators Maintain quality service by establishing and enforcing organization standards Assist with the development, implementation, and maintenance of Compliance controls Partner with various lines of business to ensure compliance with all commercial compliance laws, regulations and provide ongoing regulatory guidance Review existing compliance controls for regulatory updates and performs the necessary gap analysis Create and maintain various internal and external audit and compliance schedules Assist with conducting risk assessments on business and operational processes, procedures, and policies; analyzes results and makes recommendations on the adequacy and reliability of controls Prioritize and control projects based on severity of risk and non-compliance Communicate control strengths and weaknesses to internal audit and compliance and collaborates with internal audit to develop migration plans Develop and implement Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) to measure the effectiveness and efficiency of AML controls Create and maintain dashboards and reports to provide management with a clear, data-driven view of the trade finance AML landscape Perform comprehensive Know Your Customer (KYC) checks during a trade finance transaction Conduct enhanced due diligence reviews for high-risk clients or complex transactions, especially those involving high-risk jurisdictions or dual-use goods Perform secondary risk assessments on trade finance clients and transactions to align with the company's risk appetite Adhere strictly to internal AML policies and procedures, as well as relevant federal and state laws, such as the Antiboycott Law, Bank Secrecy Act (BSA), and the PATRIOT Act Ensure compliance with global sanctions regimes, including screening against the OFAC sanctions list Serve as the primary liaison with the Second Line of Defense on risk-related matters Act as a subject matter expert (SME) while providing leadership, guidance, and mentorship to other team members Review existing compliance controls for regulatory updates and performs the necessary gap analysis Create and maintain various internal and external audit and compliance schedules Assist with conducting risk assessments on business and operational processes, procedures, and policies; analyzes results and makes recommendations on the adequacy and reliability of controls Prioritize and control projects based on severity of risk and non-compliance Communicate control strengths and weaknesses to internal audit and compliance and collaborates with internal audit to develop migration plans Develop and implement Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) to measure the effectiveness and efficiency of AML controls Create and maintain dashboards and reports to provide management with a clear, data-driven view of the trade finance AML landscape Skills 1+ years in AML/KYC roles - REQUIRED Bachelor's Degree or equivalent work experience AML, BSA, ACAMS, KYC/Compliance/AML, TDFC procedures and standards, Financial industry with in-depth expertise in various lines of business, securities, escrow, derivatives, loans, EMIR, Dodd Frank, MiFID Advanced Microsoft Office (Excel, Word, PowerPoint, Outlook) skills Ability to read, analyze and interpret government regulations, trade journals and legal documents Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner Strong project management skills Attention to detail and ability to manage multiple priorities Sound judgment in decision-making and risk assessment Ability to drive innovation and continuous improvement in compliance processes Desired but not required - ACAMS Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education Experience in Microsoft Office products Benefits Fair and competitive rewards package Benefits are designed to support you, your family and your well-being Company Overview At Santander Bank, it’s our mission to help people and businesses prosper. It was founded in 2013, and is headquartered in Boston, Massachusetts, USA, with a workforce of 5001-10000 employees. Its website is Company H1B Sponsorship Santander Bank, N.A. has a track record of offering H1B sponsorships, with 6 in 2026, 44 in 2025, 35 in 2024, 60 in 2023, 66 in 2022, 78 in 2021, 69 in 2020. Please note that this does not guarantee sponsorship for this specific role.