Regulatory Change & Control Manager | S3 | SCIB

Santander Corporate & Investment Banking (SCIB) 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.

An exciting new role has opened within the Regulatory and Control Team as a Regulatory Change & Control Manager.

As a Regulatory specialist in MIFID you will deliver and maintain: the Governance & Regulatory Control Framework, through oversight of the supporting 1LOD procedures, processes and controls functions as intended to protect the bank.

The difference you’ll make:

• Reporting and execution of the regulatory controls and the reporting of the regulatory controls, as well as monitoring and tracking escalations to resolution across the business

• Assisting in the creation and embedding of control frameworks for each regulation (MIFID, Dodd Frank, EMIR, SFTR, SMMD/MMSR, FACTA/CRS, Volcker etc)

• Using knowledge of the business and regulation to ensure the correct controls are embedded to maintain a good level of compliance

• Assisting business development of regulatory procedures, processes and business control requirements as part of new regulatory implementation programmes, and ongoing reviews

• Leading walkthroughs and identifying/validating key controls and partnering with Desks, Compliance, Legal and Group functions to design and improve business control workflows

• Producing and, where necessary, updating documentation including process flowcharts, process narratives, risk and controls matrices and evaluate controls as new systems are developed and/or process changes

• Technical Knowledge of MiFID and transaction reporting

• Good understanding of the regulatory landscape especially thematic reviews / critical topics raised by the FCA and PRA

• Educated to Degree level in a relevant subject (such as Law, Business and STEM) or equivalent

• Experience of Corporate and Investment banking

It would also be nice for you to have:

• Technical knowledge of other core regulations such us: EMIR, Margin, DF, SFTR, SMMD/MMSR and FATCA/CRS

• FO, MO, Compliance 2LOD, Internal Audit, Consultancy/Internal Change team background

• Experience in regulatory controls, processes, systems and regulatory change projects

• Master’s degree or MBA or equivalent

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus.

• We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

• 30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

• Company funded individual private medical insurance.

• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.

• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

• Share in Santander’s success by saving or investing in our share plans.

• As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.