Compliance Monitoring, Santander
Testing and Assurance Associate, S2, SCIB
+ Discretionary Performance-Related Annual Bonus
3+ days a week in office (Triton Square, London)
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
+ Discretionary Performance-Related Annual Bonus
3+ days a week in office (Triton Square, London)
1001+ employees
Company mission
To help people and businesses prosper.
Role
Who you are
- Prior experience in Compliance Monitoring/Testing or Internal Audit preferably within Corporate and Investment Banking
- Knowledge of key regulations, such as FCA Handbook, EMIR, MiFID II, Dodd-Frank, and Volcker
- Experience in either Internal Audit, Assurance, or Compliance Controls Testing
Desirable
- Understanding of Wholesale Banking Products and secondary markets
- Knowledge of Data Analytics and data interrogation techniques
- Strong influencing and collaborative working skills
- Excellent written & oral communication skills
What the job involves
- In this role you’ll be primarily responsible for conducting regulatory compliance and financial crime compliance reviews within Santander Corporate and Investment Banking
- You’ll conduct compliance risk assessments and support the Regional Head of Compliance MTA with ad-hoc projects and tasks
- Preparing the review scope and presenting it to Compliance Management
- Preparing and following written test plans, and executing all tasks set out within the agreed timeframes
- Maintaining accurate and complete records of work carried out during reviews
- Monitoring the progress and completion of Corrective Action Plans
- Organising, facilitating, and reporting on meetings with internal stakeholders
- Developing close working relationships with the first, second and third line of defences stakeholders to ensure they understand the compliance obligations and regulatory requirements, and the implications of failing to meet such requirements
Salary benchmarks
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.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
2% employee growth in 12 months
Company
Company benefits
- 25 days is the minimum paid holiday, with the option to sell or buy more
- A company pension and life cove
- Sharesave and partnership shares
- Family friendly policies
- Employee discounts with some of the UK’s most recognisable brands
- Cycle to work scheme
- Car scheme with salary sacrifice
- Charitable giving options
- Special rates on our products and services
Company values
- Think Customer: We put our customers at the heart of everything we do. We all take individual accountability for creating a customer-centric culture, as being one step ahead of their needs will help to retain their loyalty, create memorable customer experiences and build stronger relationships.
- Embrace Change: We truly believe that to create a sustainable and responsible business, and an environment where everyone can thrive, we need to continue to adapt and adopt a growth mindset in a new hybrid environment. We seek out new challenges, embrace new ways of working and continue our focus on wellbeing, ensuring that everyone can truly achieve work life balance and feel fulfilled.
- Act Now: To move at pace as One Santander, we know we have to simplify what we do and how we do it. Learning from the experience of the last two years and taking the good behaviours that we adopted – our agility, resilience, strength, and our respect for one another – and leveraging those traits to make change happen and deliver for our customers.
- Move Together: Success and sustainable growth depend on our collective efforts and sustained individual commitment. Only by working as a team, as One Santander, will we be able to leverage the capabilities of diverse teams and drive innovation to meet new challenges.
- Speak Up: At Santander, we want everyone to feel they can freely express opinions, problems or concerns. We are committed to creating an environment of respect, where everyone has the confidence to be heard. We welcome new ideas, as this drives innovation and helps us better respond to the needs of our customers.
Company HQ
London, UK
Articles
Leadership
Mike Regnier
(CEO, not founder)Former CEO of the Yorkshire Building Society, where they also previously worked as Chief Customer Officer and Chief Commercial Officer.
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