Sr. Associate, Investment Supervision

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and 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.

If you are interested in exploring the possibilities We Want to Talk to You!

The Sr. Associate, Investment Supervision oversees a group of Financial Advisors to ensure compliance with FINRA rules and industry regulations. The incumbent reviews new accounts, trade activity and daily trade blotters as a player/coach. The Sr. Associate, Investment Supervision works directly with Financial Consultants and field managers to resolve any documentation deficiencies and elevate cases as deemed appropriate.

• Identifies, evaluates and documents trades for Regulation Best Interest / suitability in accordance with FINRA rules and industry regulations.
• Reviews and assesses best interest / suitability associated with new accounts and /or products.
• Partners with Directors in the field to help them resolve exceptions in a timely manner.
• Reviews transaction exceptions reports using rules based processes and close noted trade alerts.
• Raises inquiries for suspicious trades and communication red flags, conduct research independently and deeply, and communicate in accordance with the established procedure, and ensure timely closure of identified surveillance issues.
• Works with Compliance, Operations and other Santander functions closely to research industry trends and peer practice, and continue improving our review process effectiveness.
• Develops knowledge of financial markets, asset management and financial regulations in order to build a deep understanding of investment/trading risks.
• Provides backup coverage and cross-train others.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bilingual English/Spanish.
  
  - Required.
• Bachelor's Degree or equivalent work experience:
  Sales Supervision, Compliance, Risk or equivalent field.
  
  - Preferred.
• 9+ Years Supervision, compliance, audit, or regulatory experience.
  
  - Preferred.
• Strong analytical background with the ability to analyze and summarize findings in a concise and clear format Excel.
• Detailed oriented and possess high ethical standards.
• Knowledge of Equity, FX, Credit, Structured Products, Alternatives trading and investment, and/or experience working in the front desk, risk, regulatory, legal or audit fields.
• Ability to operate independently within guidelines, policies, directives and established precedence.
• Strong technical skills, particularly with respect to Microsoft Excel.
• Genuine interest in and understanding of financial markets.
• Familiarity with a broad range of asset classes, including derivatives.
• Strong communication skills and the ability to interact confidently with others.
• Ability to work independently with minimal supervision, while also maintaining appropriate levels of collaboration and cooperation with other team members.
• Intellectual curiosity and problem solving skills.
• Sensitivity and tact must be especially evident in the performance of trade monitoring.
• Solid understanding of applicable Federal and State laws applicable to SEC registered broker-dealer.
• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
• Sound judgment in identifying risks in order to proactively elevate with relevant senior management.
• Excellent written (drafting & editing) and spoken communication abilities.
• Excellent teamwork, interpersonal and conflict resolution skills.

• FINRA (Financial Industry Regulatory Authority): FINRA Series 7 and Series 24 (Series 9 and 10, may replace the requirements for Series 24).
  
  - Required.
• FINRA (Financial Industry Regulatory Authority): FINRA Series 53 and Series 4 - Preferred.

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
• Experience in Microsoft Office products.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Minimum:

$86,250.00 USD

Maximum:

$ USD

Your contribution matters and it’s recognized. You can expect a fair and…