AML Modeling Compliance Specialist (Apply in minutes)

Sr. Analyst, Compliance - AML ModelingBoston, United States of AmericaThe Sr. Analyst, AML Models - Compliance monitors activities to minimize thecompanys exposure to Compliance and AML risk. Activities may includequantitative analysis, risk identification and remediation. Represents orsupports the reputation of the company to minimize compliance and regulatoryrisk by resolving issues and ensuring adherence to company and legalstandards. Responsible for ensuring that all of the companys activitiesadhere to the necessary rules and regulations, and that the company complieswith legalregulatory statutes and jurisdictions.The ideal candidate will play a key role in managing and mitigating model riskrelated to anti-money laundering (AML) models. You will work closely with themodel development, validation, and governance teams to ensure models adhere toregulatory standards and address Model Risk Management Group (MRMG) findings.Supports ongoing compliance with applicable regulations, driving the executionof action plans to mitigate risks and improve model performance. Monitors andmanages riskexposure and by adhering to companys policies. Identifies,manages and reports on the companys risk areas. Evaluates the adequacy andeffectiveness of data, model, and monitors systems.

• Responsibility :
• Supports the AML and Model Risk Management teams to establish and leverage appropriate systems and processes to develop, validate, and maintain optimal efficiency and effectiveness of financial crime models.
• Work closely with business stakeholders to provide detailed model documentation, including validation reports, assumptions, limitations, and compliance metrics. Assess model health within a given framework using statistical methods, evaluation of assumptions, and drive timely remediation efforts.
• Maintain and execute inquiries with SQL, SAS, Python and ETL to perform analyses of the underlying data in our systems and highlight trends, issues, and findings. Develop reporting solutions, including designing stored procedures, view queries, and tables.
• Assist in the development and maintenance of model risk and model policies, guidelines, validation and development procedures, controls, tools and templates.
• Ensure that all the company’s activities adhere to the necessary rules and regulations, and that the company complies with legalregulatory statutes and jurisdictions and provide requisite information in support of independent audit activities.
• Perform analytical research in support of the Compliance Department, with a strong focus on AMLBSA, including the design, development, and implementation of information-based business solutions.
• Assists senior level staff and management as requested.
• Performs other duties and responsibilities as assigned.Qualifications : To perform this job successfully, an individual must be able to perform eachessential duty satisfactorily. The requirements listed below arerepresentative of the knowledge, skill, andor ability required. Reasonableaccommodations may be made to enable individuals with disabilities to performthe essential functions.
• Education :
• Bachelors Degree or equivalent work experience : Statistics, Mathematics, Economics or equivalent quantitative discipline.
• Masters Degree Statistics, Mathematics, Economics or equivalent quantitative discipline.
• Work Experience :
• 3 Years Risk Management, Risk Modeling, AML
• 2 of those years Analytics or Modeling
• Licenses Certification :
• Preferred : Python, MS 360, SAS, Oracle, or similar
• Skills and Abilities :
• Demonstrated practical and theoretical knowledge of financial data, their structure and behavior in various environments.
• Demonstrated knowledge of data querying languages and software.
• Strong experience in Python, SAS, SQL, statistical methods and model development in cloud environments. Experience in scheduling and automation tools is a big plus.
• Strong quantitative capabilities and analytical skills, including an investigative mindset.
• Strong problem solving and critical thinking skills.
• Strong verbal and written communication skills.
• Ability to build and foster internal relationships.
• Strong organizational and time management skills.
• Ability to analyze risk and provide recommendations andor resolutions to minimize risk.
• Ability to summarize, document, and communicate information in a clear and concise manner.
• Ability to organize and prioritize multiple tasks to meet deadlines.
• Ability to work independently as well as collaboratively within a team environment.
• Ability to interpret, analyze and apply datainformation.
• Ability to stay abreast of industry best practices, procedures, and techniques.
• Ability to change direction as project demand dictates.
• Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner.Diversity & EEO Statements : At Santander, we value and respect differences inour workforce and strive to increase the diversity of our teams. We activelyencourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants willreceive 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 ofthe job. You may be asked by your supervisors or managers to perform otherduties. You may be evaluated in part based upon your performance of the taskslisted in this job description. The employer has the right to revise this jobdescription at any time. This job description is not a contract for employmentand either you or the employer may terminate at any time for any reason.
• Primary Location :
• Boston, MA, Boston
• Other Locations :
• Massachusetts-Boston,Texas-Dallas,New Jersey-Florham ParkSalary : $67,500 - $140,000year

Salary : $67,500 - $140,000