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Santander

Global retail and commercial banking group

Compliance Associate

Regulatory Compliance & EthicsConfirmed live in the last 24 hours
Full-timeFrankfurt, Germany

About the Job

Requirements

  • Previous experience in regulatory compliance or business-line financial crime compliance in financial services with an international client base or comparable large corporate organizations.
  • In-depth knowledge of applicable legislation and accompanying industry guidance in financial crime compliance, including Market Abuse Regulation, Markets in Financial Instruments Directive II, WpHG, GwG, and KWG.
  • Knowledge of regulatory risks and how they are managed in wholesale, corporate, and investment banking.
  • Experience using systems and software to analyze data.
  • Proficiency in English and German.
  • Critical thinking, analytical, and problem-solving skills.
  • Initiative, organization, and the ability to plan and prioritize.
  • Written and verbal communication skills, decision-making ability, and the ability to influence stakeholders.

Responsibilities

  • Provide advice and recommendations on complex regulatory risk escalations from a reputational risk and conduct perspective relating to clients, products, and transactions, from the first or second line of defense, while cooperating closely with the financial crime team.
  • Ensure policies and guidance align with global documents and current legal and regulatory requirements and expectations.
  • Provide guidance and training to the first line of defense on the implementation and impact of policies and standards.
  • Develop and deliver compliance training and awareness programs for relevant stakeholders.
  • Recommend and implement actions required to mitigate identified regulatory risks and produce high-quality reports for senior management.
  • Support regulatory risk assessments.
  • Contribute to change management programs and internal policy development as a subject matter expert.
  • Develop relevant management information and ensure adequate reporting.

Desired Qualifications

  • Knowledge of applicable legislation and accompanying industry guidance, including Market Abuse Regulation, Markets in Financial Instruments Directive II, and WpHG.
  • Experience developing policies, practically applying them in day-to-day work, and implementing and overseeing control frameworks.
  • Degree-level education in a relevant subject.
  • External qualification in compliance.
  • Knowledge of wholesale, corporate, and investment banking products.

About the Company

Santander

Global retail and commercial banking group

Santander is a global bank focusing on retail and commercial banking in Europe and the Americas, serving individuals and SMEs with regional franchises and a broad consumer finance arm, plus a Corporate & Investment Banking division for multinational clients. It uses its Gravity cloud platform to migrate core banking and rapidly deploy digital services such as Openbank across markets, combining fintech-style agility with a bank's balance sheet. The bank differentiates itself by marrying a large retail footprint with global CIB capabilities under the One Santander verticals model to boost efficiency and cross-border revenue. Its goals include improving returns on tangible equity and financing the green economy through sustainable finance and renewable energy projects.

Company size
10,001+
Company stage
IPO
Headquarters
Boadilla del Monte, Spain
Founded
1902

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