Job Title: Compliance Officer - Markets Business Line Advisory Compliance
Job Responsibilities:
The Compliance Officer is tasked with providing real-time compliance advisory support to the US Fixed Income & Currencies sales and trading business, focusing on credit, rates, securitized products, foreign exchange, and emerging markets debt. The candidate will implement a comprehensive compliance framework to ensure the bank's adherence to regulations and internal policies. Key responsibilities include:
- Advising on issues related to market sales and trading activities, rule/regulation interpretation, trading reporting, surveillance, supervision, policies, and procedures.
- Providing real-time advisory services to fixed income sales and trading businesses, monitoring and identifying regulatory trends and developments, and advising staff on how these may impact their activities.
- Advising business areas on company policies, procedures, and applicable securities laws/regulations; drafting, updating, and implementing relevant policies/procedures.
- Providing regulatory/compliance training and assisting the business in implementing and documenting supervisory/control mechanisms in partnership with local and global support functions.
- Participating in internal investigations, responding to regulatory inquiries, and coordinating internal/external audits and inspections; interacting with federal and state regulators.
- Ongoing identification of risks, including regulatory and conduct risks, and participating in annual risk assessments.
- Developing relationships with key stakeholders within the bank (., Legal, Risk, First Line Control teams) to build credibility for the Compliance function.
- Working collaboratively with Global and US Compliance teams to ensure a consistent approach with respect to policies and procedures.
- Overseeing the US Treasury auction process to ensure compliance with reporting and disclosure requirements.
- Preparing reports for top management and assisting in the preparation of management information reporting and governance materials.
- Ensuring timely regulatory filings and certifications.
Education and Experience Information:
- A Bachelor's Degree or equivalent is required, with a JD or MBA considered a plus.
- Relevant experience in securities, preferably in a global investment bank or law firm. Experience with a regulator will also be considered.
- A minimum of 5 years of financial industry experience within a US regulated financial institution in a similar advisory compliance capacity.
Skills and Abilities:
- Experience in providing regulatory or compliance advice related to markets sales and trading activities.
- Functional knowledge of the US Fixed Income trading/regulatory framework, including FINRA, SEC broker-dealer regulations, and other relevant bank regulations. Knowledge of FRB, CFTC, FCM laws, rules, and regulations is a plus.
- Strong analytical, written, and verbal communication skills, with the ability to effectively influence others and engage senior stakeholders.
- Ability to make, support, and defend difficult regulatory/compliance decisions in a fast-paced environment.
- Action-oriented and delivery-focused with a disciplined approach and ability to work under pressure and within tight deadlines while maintaining accuracy and reacting quickly to changes in priorities.
- Ability to project confidence and professionalism in dealing with senior business personnel.
Salary Information:
The base pay range for this position is between $90, USD and $165, USD annually. The exact compensation may vary based on skills, experience, training, licensure, certifications, and location.
Benefits:
The company offers a comprehensive benefits package, details of which can be found in the 2025 Santander OnGoing/NH eGuide.
Risk Culture:
The company promotes a strong risk culture, expecting all professionals at all levels to take a proactive and responsible approach toward risk management.
Equal Employment Opportunity Statement:
The company values and respects diversity within its workforce and actively encourages everyone to apply. It is an equal opportunity employer, providing 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.
Working Conditions:
The role requires frequent minimal physical effort such as sitting, standing, and walking. Depending on the location, occasional moving and lifting of light equipment and/or furniture may be required.
Employer Rights:
This job description does not list all job duties, and employees may be asked to perform other duties as needed. The employer has the right to revise the job description at any time. The job description is not a contract for employment, and either the employee or the employer may terminate employment at any time for any reason.
