Analyst, AML Compliance

Are you looking for a challenging yet rewarding role in the banking industry? We have the perfect opportunity for you! Santander Bank N.A is looking for an Analyst, AML Compliance to join our team. In this role, you will have the opportunity to help ensure that our bank meets all Anti-Money Laundering (AML) regulations. We are looking for an individual with a strong attention to detail, excellent analytical and communication skills, and a passion for compliance.To be successful in this role, you should hold a Bachelor's degree in finance, accounting, or a related field. Additionally, you should have a minimum of two years' experience in a compliance role. Familiarity with AML regulations and requirements is highly desirable. Previous experience in the banking industry is a plus.If you are passionate about compliance and eager to help ensure our bank meets all AML regulations, we look forward to hearing from you!

Responsibilities:

1. Monitor and analyze customer activity for potential suspicious activity in accordance with AML regulations.
2. Develop and implement policies and procedures related to the Bank’s AML compliance program.
3. Investigate and perform due diligence reviews on customer accounts to identify potential money laundering activity.
4. Prepare and provide regular reports to management on AML compliance program and any suspicious activity.
5. Collaborate with key stakeholders to ensure compliance with applicable laws and regulations.
6. Monitor changes in applicable laws and regulations and provide recommendations for changes to the Bank’s AML compliance program.
7. Develop and coordinate training for Bank personnel on AML regulations and procedures.
8. Serve as a subject matter expert on AML compliance topics for the Bank.
9. Participate in internal and external audits of the Bank’s compliance program.

According to JobzMall, the average salary range for a Analyst, AML Compliance in Boston, MA, USA is typically between $59,821 and $99,122.

The actual salary range will depend on several factors, including the company, level of experience, and other qualifications.

Santander Bank, N. A., formerly Sovereign Bank, is a wholly owned subsidiary of Spanish Santander Group. Santander Bank, N.A. is one of the country’s largest retail and commercial banks with more than $79 billion in assets. The bank got its start in Spain, but has been serving customers in the Northeast since 2013.