Santander Holdings USA Inc
Head of Sanctions/OFAC and Watchlists
Santander Holdings USA Inc, Dallas, Texas, United States,
Head of Sanctions/OFAC and Watchlists
Dallas, United States of America
The Head of Sanctions/OFAC and Watchlists is responsible for Sanctions monitoring activities to assure effective controls are in place to mitigate Sanctions risk across the firm. This leadership role will be essential in the development and implementation of robust Sanctions compliance governance and continual improvement processes in the control framework for AML. Management responsibilities will include Sanctions screening and watch-list filtering team, regulatory reporting, economic Sanctions, as well as coordination with senior AML officers in the businesses. The individual will formulate policies and contribute to the overall strategy of the firm from a Sanction perspective.
This position reports to the SanUS Chief BSA/AML Compliance Officer and will be a member of the Financial Crimes Compliance Extended Leadership Team.
This position is a hybrid role with office locations in either: Boston or Dallas.
Key ResponsibilitiesDirects and oversees risk management and control processes to ensure compliance with laws and regulations including the USA PATRIOT Act, US Treasury OFAC requirements, and other applicable sanctions programs.Works with Chief BSA/AML Officer to set Sanctions policies; assures policies and practices reflect legal and regulatory requirements and best practices and are implemented appropriately.Liaises with senior AML Officers aligned with lines of business (LOBs) & corporate functions as required and supports development and implementation of appropriate governance processes to oversee and evaluate controls across the LOBs and corporate functions.Manages resources devoted to Sanctions screening, investigations, and reporting.Responsible for ensuring watch lists are maintained current and accurateProvides reports to senior management and internal Committee on Sanctions activities.Responsible for all aspects of team members life cycle including recruitment, performance management and development.Responsible for the ongoing monitoring, evaluation, and quality of sanctions-related models and vendor performance.
QualificationsBachelor’s degree in Business Management, Finance, or law-related DisciplineAt least ten (10) years sanctions experience in a large US bank or financial institution, law firm, regulatory agency, major consulting firm, or law enforcementExpertise in the laws applicable to Sanctions including, but not limited to, OFAC and USA PATRIOT ActSuperior understanding of banking systems, data capturing, and reporting mechanismsStrong understanding of, and experience with, IT systems used for screening and monitoring for Sanctions compliance.
PreferredMaster’s degree desirable but not essentialProcessional certifications desired (CAMs, CFE, etc.)
SkillsThorough knowledge of sanctions-related regulations and bank policies and procedures to ensure comprehensive compliance.Deep experience in financial crime investigations and associated standard operation procedures and investigative protocols.Proven people management experience, including the ability to build strong relationships with key stakeholders, motivate and engage team members at all levels, and the ability to influence managementExperience working in a global organization and managing cross-functional teams of professionals.Must be a proactive self-starter who works well under pressure, values personal accountability and ownership, and thrives working under limited direction.Must have proven analytical capabilities, strong decision making and judgement skills, and project management oversight experience.Ability to handle multiple activities simultaneously in a fast-paced and dynamic financial services environment.Professional maturity and confident in expressing a point of view with the AML Compliance team, lines of businesses, and IT colleagues.
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.
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.
Primary Location:
Dallas, TX, Dallas
Other Locations:
Texas-Dallas,Massachusetts-Boston
Organization:
Santander Consumer USA Inc.
Dallas, United States of America
The Head of Sanctions/OFAC and Watchlists is responsible for Sanctions monitoring activities to assure effective controls are in place to mitigate Sanctions risk across the firm. This leadership role will be essential in the development and implementation of robust Sanctions compliance governance and continual improvement processes in the control framework for AML. Management responsibilities will include Sanctions screening and watch-list filtering team, regulatory reporting, economic Sanctions, as well as coordination with senior AML officers in the businesses. The individual will formulate policies and contribute to the overall strategy of the firm from a Sanction perspective.
This position reports to the SanUS Chief BSA/AML Compliance Officer and will be a member of the Financial Crimes Compliance Extended Leadership Team.
This position is a hybrid role with office locations in either: Boston or Dallas.
Key ResponsibilitiesDirects and oversees risk management and control processes to ensure compliance with laws and regulations including the USA PATRIOT Act, US Treasury OFAC requirements, and other applicable sanctions programs.Works with Chief BSA/AML Officer to set Sanctions policies; assures policies and practices reflect legal and regulatory requirements and best practices and are implemented appropriately.Liaises with senior AML Officers aligned with lines of business (LOBs) & corporate functions as required and supports development and implementation of appropriate governance processes to oversee and evaluate controls across the LOBs and corporate functions.Manages resources devoted to Sanctions screening, investigations, and reporting.Responsible for ensuring watch lists are maintained current and accurateProvides reports to senior management and internal Committee on Sanctions activities.Responsible for all aspects of team members life cycle including recruitment, performance management and development.Responsible for the ongoing monitoring, evaluation, and quality of sanctions-related models and vendor performance.
QualificationsBachelor’s degree in Business Management, Finance, or law-related DisciplineAt least ten (10) years sanctions experience in a large US bank or financial institution, law firm, regulatory agency, major consulting firm, or law enforcementExpertise in the laws applicable to Sanctions including, but not limited to, OFAC and USA PATRIOT ActSuperior understanding of banking systems, data capturing, and reporting mechanismsStrong understanding of, and experience with, IT systems used for screening and monitoring for Sanctions compliance.
PreferredMaster’s degree desirable but not essentialProcessional certifications desired (CAMs, CFE, etc.)
SkillsThorough knowledge of sanctions-related regulations and bank policies and procedures to ensure comprehensive compliance.Deep experience in financial crime investigations and associated standard operation procedures and investigative protocols.Proven people management experience, including the ability to build strong relationships with key stakeholders, motivate and engage team members at all levels, and the ability to influence managementExperience working in a global organization and managing cross-functional teams of professionals.Must be a proactive self-starter who works well under pressure, values personal accountability and ownership, and thrives working under limited direction.Must have proven analytical capabilities, strong decision making and judgement skills, and project management oversight experience.Ability to handle multiple activities simultaneously in a fast-paced and dynamic financial services environment.Professional maturity and confident in expressing a point of view with the AML Compliance team, lines of businesses, and IT colleagues.
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.
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.
Primary Location:
Dallas, TX, Dallas
Other Locations:
Texas-Dallas,Massachusetts-Boston
Organization:
Santander Consumer USA Inc.