Job Information
Santander US Regulatory Relations Associate in Boston, Massachusetts
Regulatory Relations Associate
Boston, United States of America
The Associate, Regulatory Relations supports the Regulatory Relations team by collecting, reviewing, and analyzing regulatory data and metrics, and remediation action plans. The incumbent produces accurate and timely reports and PowerPoint presentations regarding all aspects of regulatory data. They work with a variety of stakeholders at senior levels located throughout Group’s US operating entities.
Develops, coordinates and provides advice, reporting and services on a variety of legal, compliance, regulatory, corporate and contractual matters.
Represents or oversees the representation of Santander US or its various entities to minimize legal, compliance and regulatory risk by preventing or resolving issues and ensuring adherence to business and legal standards.
Gathers, documents and examines data to determine and assess the compliance, regulatory and/or legal environment and to monitor ongoing activities and/or concerns.
Researches, investigates, advises on and responds to regulatory developments, consumer practices, governance and corporate responsibility initiatives in order to safeguard and enhance the company and the Santander Group's reputation.
Manages examinations and reviews on behalf of Group’s US operating entities.Keeps abreast of legal and regulatory matters affecting the US financial services industry, the regulatory environment, and potential impact on Group’s US operating entities.
Implements standards and procedures to support the Regulatory Relations function. Maintain documentation and supporting work papers.
Provides direct support for the Regulatory Relations Directors current responsibilities.
Compiles, analyzes, and reviews quantitative and non-quantitative regulatory risk management information from Group’s US operating entities. Partners with various stakeholders to evaluate action plans, and remediation actions.
Conducts data mining and performing thematic analysis on regulatory issues and letters to determine themes and trends.
Develops robust regulatory responses to regulatory findings, including assistance with conducting an effective root cause analysis and horizontal review of the findings to ensure there are no repeat occurrences across Group’s US operating entities.
Monitors and oversees regulatory issues to ensure they remain on track and escalate any concerns with timely and sustainable remediation.
Partners with the responsible regulatory issue owners to drive improvement in data quality to ensure accurate regulatory issue reporting and effective thematic analysis.
Qualifications:
Education: Bachelor's Degree or equivalent work experience. MBA or other equivalent graduate degree is preferred.
Work Experience: 5+ Years Experience in one or more of the following: issues management, exam management, regulatory interactions and/or risk management.
Requires a thorough understanding of Group’s US operating entities, including their respective lines of business and corporate functions, as well as participation in all facets of management of examinations and reviews of Group’s US operating entities.
Advanced knowledge of applicable US laws and regulations and financial services industry regulators needed.
Strong project management skills; attention to detail; ability to drive projects to conclusion.
Ability to influence at all levels, including senior executives.
Strong interpersonal skills and proven ability to build and cultivate relationships across Group’s US operating entities.
Ability to analyze and synthesize regulatory issue information to get to the true heart of the issues.
Ability to work effectively and provide accurate information under tight timelines.
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified applicants will receive 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.
This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
Bachelor of Science (BS) English
Primary Location: Boston, MA, Boston
Other Locations: Massachusetts-Boston
Organization: Santander Holdings USA, Inc.
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO