Compliance & AML/CFT Manager, Santander

Salary not provided

Senior level

Paris

Office located in Levallois-Perret

Retail and commercial bank

Job no longer available

Retail and commercial bank

1001+ employees

B2CB2BBanking

Job no longer available

Salary not provided

Senior level

Paris

Office located in Levallois-Perret

1001+ employees

B2CB2BBanking

Company mission

To help people and businesses prosper.

Job

Company

Role

Who you are

Master’s degree in in law, a business school diploma or equivalent
Experience of at least 5 to 7 years in compliance, internal audit or permanent control functions
A previous experience and knowledge of Banking products would be appreciated
Good knowledge of current AML-CFT regulations, asset freezing, KYC, PEP, GDPR, etc
Open-minded and team player manager involved in the development of your colleagues
Ability to think "out of the box", enabling you to challenge, optimize and streamline tools, procedures and controls
Fluent English required, and Spanish is a plus
Good analytical skills
Synthetic mind
Sense of priorities
Ability to work in a team, listen and adapt to your interlocutors

What the job involves

The primary responsibility of the Branch Compliance Officer is to assure that both local regulation and internal regulations are complied with
Any conflict between local and internal rules should be escalated to SCF’s Chief Compliance Officer for a decision to be taken (e.g. an internal waiver to be obtained)
The Branch Compliance Officer is the point of contact of local regulators and supervisors
Any communication received from local regulators should be communicated immediately to SCF’s CCO and the answer to requirements agreed by both
The Branch Compliance Officer is a member of the branch’s Management Committee and reports hierarchically to SCF’s CCO
Front local Regulator and assure compliance with local regulations
Assure Compliance with Santander’s General Code of Conduct and Manage the local process of the Whistleblowing channel
Perform the Risk Assessment and Compliance Annual Program for the branch
Provide operations with complaints management criteria
Advice in new products approval process and new projects
Decide “no-go” customers (from a Financial Crime Perspective)
Assess reputational risk impacts
From Conduct perspective execute at branch level the different programs to control the conduct initiatives related with insurance, dealers, awareness & communication, etc
Permanent contract to be filled immediately

Our take

Santander serves 14 million UK customers as a retail and commercial bank. Despite a mixed history, including issues with call centre service, mis-selling PPI, and anti-money laundering control failures between 2012 and 2017, Santander continues to thrive by focusing on innovation, digitalisation, and sustainable, responsible growth.

Recently, Santander has enhanced its digital and mobile services to meet the needs of modern banking customers. This includes the My Home Manager app, which provides mortgage customers with a centralised platform for their information, and increased fraud alerts to protect less digitally literate customers as they transition online. These efforts aim to connect physical and digital channels for a seamless customer experience, positioning Santander to better compete against digital banks like Monzo and Starling.

In addition to these digital advancements, Santander has joined forces with Iberpay in Spain to become inaugural participants in the European Payments Council’s One-Leg Out Cross-border Transactions Instant Scheme (OCT Inst). This initiative is set to introduce global instant transfers, further emphasising Santander's commitment to innovation and enhancing its service offerings in the digital banking landscape.