BSA/AML Models Advisory Associate

Company: Santander Holdings USA Inc
Location: New York
Posted on: May 11, 2025

Job Description:

BSA/AML Models Advisory AssociateNew York, United States of AmericaUSA Job Family Description: Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.USA Job Function Description: Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the representation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.Essential Functions/Responsibility Statements:Collects, Reviews and Challenges metricsAnalyses structured and unstructured available data to identify opportunities for improving the risk processesPerform 2nd line review of models used within a specific jurisdiction or globally for managing Financial Crime.Provide advisory service to 1st Line of Defense in managing technology capability and harnessing the capabilities of emerging technology.Advises management on current issues regarding banking and securities.Partners with managers in assigned business unit to respond to reports issued by regulatory agencies or audit.Responds to regulatory inquiries and third-party examiners.Collaborates across business units within the organization to ensure consistency in policies and procedures.Identifies compliance opportunities and potential solutions.Performs risk assessments, synthesizes analyses, identifies root cause(s), and provides recommendations to management.Provides insight and guides management on issues.Leads and influence cross functional enterprise projects or compliance teams.Leads efforts to improve standardization and efficiency of responses to regulators.Offers recommendations and makes project related decisions within scope of work assignment.Serves as a resource to team members on escalated issues.Assists in ad hoc projects (e.g. new process/tool implementation, control remediation, as may be required)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 or equivalent work experience in Business, Finance or equivalent degree. ReqMaster's Degree in Business, Finance or equivalent field. PrefWork Experience:Compliance, Legal, Regulatory, or Financial Services., 5+ Years PrefKnowledge of BSA/AML and OFAC regulationsData AnalysisModel RiskSkills and Abilities:Experience of Data Science projects within Financial Services (experience within Compliance preferred)Knowledge of machine learning algorithms (Neural Networks, XGBoost, Random Forest)Experience of working with Microsoft Azure or any other cloud platformsExperience of delivering projects using SQL, Impala, Pyspark or PythonAbility and inclination to solve unstructured problemsKnowledge of current financial regulatory requirements, including BSA/AML and ABAC.Strong critical thinking and analysis skills, verbal and written communications skills, and task management skills.Ability to work independently.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: 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: -New York, NY, Madison Ave Corp
Other Locations: -New York-New York
Organization: -Banco Santander S.A.Salary: $71,250 - $130,000/year

Keywords: Santander Holdings USA Inc, West Babylon , BSA/AML Models Advisory Associate, Accounting, Auditing , New York, New York