Sr. Director - Compliance Models and Analytics

Country: United States of America

The Sr. Director - Compliance Models and Analytics role offers a unique opportunity to lead a team in the creation, implementation, and optimization of sophisticated models and analytics within our Compliance and BSA AML functions. This position focuses on developing and maintaining top-tier BSA AML Models and coordinating efforts with regulators and the MRM team.

Responsibilities

• Lead a team of modeling analysts to devise strategies for identifying potential financial crime activities and enhancing overall compliance risk management.
• Collaborate with internal and external partners to refine compliance and financial crime models.
• Stay updated with industry trends and techniques to ensure models and processes remain efficient and effective.
• Oversee a continuous development and improvement program for in-scope models.
• Monitor model performance through ongoing performance assessments to identify issues and make necessary adjustments.

Qualifications

• Bachelor's Degree or equivalent experience in Finance, Statistics/Econometrics, Mathematics, or a related field. Preferred: PhD or Master’s degree.
• 12+ years of experience in Model Development, Validation, Trading, Valuation, Risk Management at a large US Financial Institution.
• 5 years of experience in AML/OFAC or Financial Crimes Models.
• Deep knowledge of segmentation approaches, testing, threshold tuning, and optimization.
• Awareness of the latest industry and regulatory trends in Transaction Monitoring and Sanctions Screening.
• Understanding of US AML and OFAC Regulatory Rules.
• Experience with model risk regulations like SR11-07 and proficiency in preparing quality model documentation and testing.
• Strong communication skills and ability to work with senior management, auditors, and regulators.
• Experience interacting with Internal Audit, MRM, and regulators.
• Proven leadership in cross-functional team settings.
• Exceptional quantitative and qualitative analysis skills, alongside excellent time and stress management abilities, team-oriented spirit.
• Proficiency in programming languages such as R, Python, C++, SAS, etc.
• Experience with vendor models like Oracle Mantas, Actimize, Bridger Sanctions Screening, FISERV, etc.

Diversity & Equal Opportunity Employment

At Santander, we value and respect the diversity of 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.

Employer Rights

This job description does not encompass all duties of the role. Additional tasks may be required by supervisors or managers. Performance evaluations will be based, in part, on the fulfillment of the listed tasks. This job description is subject to revisions and is not a contract of employment; either party may terminate employment at any time for any reason.

Compensation

The base pay range for this position is:

Minimum: $225,000.00 USD

Maximum: $330,000.00 USD

Actual compensation may vary based on skills, experience, training, licensure, certifications, and location, with the annual range accounted for a 40-hour work week for hourly (non-exempt) positions.

Company Name: Santander