Job Description

AML Advisory Senior Associate - Hybrid - Boston, MA

Join to apply for the AML Advisory Senior Associate - Hybrid - Boston, MA role at Santander Bank, N.A.

The AML Advisory Senior Associate serves as an AML subject matter expert for the ongoing oversight of BSA / AML and OFAC risk across assigned business areas, ensuring appropriate controls are developed, designed, implemented, and effective in mitigating such risks.

Reporting to the Director, AML Advisory and Oversight within the BSA/AML and OFAC Advisory team, the Senior Advisor will ensure business processes meet regulatory, legal, and enterprise policy requirements, assessing emerging risks and their impact on business processes and controls.

This role will perform risk assessments, oversee the identification, root cause analysis, and remediation of findings, and provide recommendations to management that influence business solutions. This position is based in Boston, Massachusetts, and is a hybrid role.

Responsibilities include:

• Oversee management of BSA / AML and Sanctions Risk within assigned business areas.
• Function as subject matter expert on BSA / AML and Sanctions processes and support AML compliance assessments.
• Engage in management routines to stay informed of business activities, control status, issues, and performance.
• Assess risks associated with business processes and technology.
• Evaluate controls to ensure compliance with laws, regulations, and policies.
• Develop oversight reporting for AML Compliance management, including escalation of risks and issues.
• Support internal audits and regulatory examinations.
• Execute risk assessments for assigned areas.

Qualifications:

• Bachelor's Degree in Finance, Business, or related field (required); Masters preferred.
• 9+ years of experience in Compliance, Legal, Regulatory, or Financial Services.
• Certifications such as Certified Anti-Money Laundering Specialist are preferred.

Skills and Experience:

• Deep knowledge of BSA, USA PATRIOT Act, and OFAC regulations.
• Experience monitoring money laundering and sanctions risks in banking environments.
• Strong analytical, communication, and relationship-building skills.
• Ability to manage multiple projects and facilitate change.

Additional Information:

This role emphasizes a proactive risk management culture and commitment to diversity and inclusion. The salary range is $93,750 - $165,000 annually, based on experience and location.

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