FCC Compliance Manager

Country: Netherlands

 IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Santander Corporate & Investment Banking (Santander CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.

THE DIFFERENCE YOU MAKE

We have an exciting opportunity for a  FCC Compliance Manager advisor to join the Compliance Function at Banco Santander, S.A. Amsterdam Branch.  

The  FCC Compliance Manager is part of the global Financial Crime Compliance Function of the Corporate and Investment Banking business of Banco Santander. The Amsterdam Branch develops and maintains relationships with large corporates and financial institutions based in the Benelux. The FCC’s function is to identify, manage and monitor financial crime risks associated with Amsterdam branch customers and third party relationships in order to ensure compliance with applicable financial crime laws and regulations. 

The Deputy MLRO sits within the Amsterdam Branch Compliance function and reports to the local Chief Compliance Officer (“CCO”) an integral control function within the 2nd Line of Defence. The successful candidate will provide advice and oversight to first line business and support units covering AML, CTF and Sanctions, and will contribute to ensuring that the Amsterdam Branch has effective and preventative financial crime controls. 

Specific Responsibilities: 

Provide professional and timely advice to the business (e.g. Wholesale financial products including Trade Finance and other financing/cash management related products) and support functions, ensuring that they understand their regulatory, legislative and policy obligations so that they can contribute towards maintaining an effective financial crime control framework. 

This includes, but is not limited to: 

• Develop and oversee FCC Sanctions, Advisory, and Policies & Procedures. 

• Act as the central point of contact in the second line of defence for referrals relating to complex and/or higher risk clients from the first line of defence in all financial crime related queries.  

• Provide advice/recommendations on actions and decisions related to financial crime risk mitigation. 

• Provide advice and decisions with regards to client on-boarding or CDD refresh  requirements, including exceptions, dispensations, waivers and escalation protocols. 

• Implement and maintain Group FCC policies and controls within the Amsterdam branch, including but not limited to, providing input into Group FCC policies and into assessments of new products, ensuring financial crime risks are assessed and mitigated and responding to Assurance, Internal/External Audit and regulatory findings, overseeing corrective action as appropriate. 

• Identify and inform of any changes to legislation and other regulatory requirements relating to FCC 

• Lead the Local FCC Meeting in the absence of the MLRO 

• Identify and report unusual activity in a timely manner to the FIU NL.  

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

• Educated to Degree level in a relevant subject e.g. Finance and Law (Required)
• External qualification in Financial Crime (e.g. from ACAMS or ICA) (Required)

Specific Skills or Knowledge 

• Previous experience in Financial Crime Compliance within an Wholesale Banking environment or with a regulator  (Required)
• Strong FCC Subject Matter Expertise and experience of internal or external investigations (Required)
• In-depth knowledge of applicable EU and Dutch legislation and accompanying industry guidance (AML, Sanctions, ABC, ATE and/or Fraud) and the ability to practically apply these  (Required)
• Previous experience in developing financial crime policies, and implementing and overseeing financial crime control frameworks (Required)
• Demonstrates a thorough understanding of Risk Framework and must have a Risk mind-set to identify and evaluate risks across Global Banking and Markets businesses. (Required)

 Languages

•  Strong stakeholder management skills with good communication, both written and verbal, in English and Dutch. (Required)-

WE VALUE YOUR IMPACT

Your contribution matters, and it’s recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. But we know rewards go beyond numbers.

• We’re enable our teams to go beyond through global opportunities and broad career paths.
• Flexibility that works. Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours.
• Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)
• Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
• Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
• Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
• We’re here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.

LOCAL COMPLIANCE

Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.

WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.

READY TO TAKE THE NEXT STEP IN YOUR JOURNEY?

#SCIB