USA Job Function Description: The ED, Regulatory Examination Management Compliance Manager follows industry regulatory developments, applying this expertise when interacting with financial services regulators (including OCC, FRBB, SEC, CFTC, NFA, CME and FINRA) and Santander business and support functions while leading and managing responses to regulatory inquiries and examination requests. The Compliance Manager will be responsible for managing the program and other Regulatory Examination Management Compliance employee(s).
Essential Functions/Responsibility Statements:
Manage regulatory examinations and responses to regulatory inquiries for Santander Corporate and Investment Banking (“SCIB”) businesses, including swaps, securities based swaps, futures, banking and broker dealer activities
Develop and maintain effective relationships with internal stakeholders to respond to, report and monitor regulatory requests and findings
Liaise with business and support function personnel to draft and provide timely and accurate responses to regulatory requests
Act as primary point of contact to the regulators
Provide regular reporting to senior management, including status updates and escalations
Assist in developing plans for issue resolution
Monitor regulatory developments and advise business and support functions on compliance with such changes
Maintain written records of inquiries, requests and responses, as well as any other documentation to facilitate the effective management of regulatory examinations and inquiries
Comply with issues management processes for escalating and monitoring regulatory findings
Promote knowledge sharing and promulgation of best practices across SCIB Compliance and the business
Collaborate with Regulatory Relations colleagues in US and Group parent organizations
Participate in special projects as needed
Additional responsibilities as assigned
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education: Bachelor’s degree required, JD preferred.
Work Experience: 10+ years financial industry experience within a U.S. regulated financial institution, specific work experience with banking and broker-dealer federal and state regulations.
Skills and Abilities:
Experience managing staff is preferred
Ability to prioritize and manage multiple tasks in a high pressure environment
In-depth knowledge of current financial regulatory requirements for corporate and investment banking business
Strong critical thinking and analysis skills, verbal and written communications skills, and project management skills
Ability to work independently in a high-pressure, fast-paced environment.
Excellent project management and organizational skills
Proficient with Microsoft products, particularly excel and power point.
5+ years experience at a self-regulatory organization or a government financial services regulator is beneficial
Spanish (will be a plus but not required)
Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occassional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: Employer Rights:This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay RangeMinimum:
$116,250.00 USDMaximum:
$215,000.00 USD