Senior Compliance Officer at Popular Bank in San Juan, Puerto Rico

Job Description:

Position Title: Senior Compliance Officer

Date: May 3, 2024

Location: San Juan, PR

Company: Popular Bank

At Popular, we offer a wide variety of services and financial solutions to serve our communities in Puerto Rico, United States & Virgin Islands. As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

Are you ready for a rewarding career?

Over 8,000 people in Puerto Rico, United States and Virgin Islands work at Popular.

Come and join our community!

General Description

This position is part of the Financial Crimes Compliance (FCC) Division’s AML Office Puerto Rico Advisory Team. The Senior Compliance Officer supports the AML Office’s oversight function which strives to enhance the culture of compliance at Popular. The position requires subject matter expertise in the Bank Secrecy Act, the USA PATRIOT Act, particularly, the Customer Due Diligence Rule, and its regulatory requirements, including the reporting procedures. It requires constant collaboration with internal (FCC departments) and external (business units) stakeholders, the ability to manage projects, speak publicly in both, Spanish and English, as well as strong written skills in both languages.

Essential Duties and Responsibilities

• Perform advisory function by supporting external stakeholders (Popular’s business lines) requesting advice or clarification relating to Popular’s AML and CTF Compliance Program, including all applicable policies and procedures.
• Support the Portfolio Management function, including review and evaluation of customers on a risk-based approach as may be required by internal procedures.
• Support training efforts by collaborating in the development and review of training materials, coordination of activities, and providing training to appropriate personnel.
• Support the manager in special project roll outs and assignments to address program enhancements, including the creation and review of internal (AML Office) and external (Business Lines) policies and procedures.
• Participate and report in and to governance committees, as may be required.
• Collaborate and liaise with the internal departments to address compliance matters.
• Support in the process of assessing and implementing changes to the program stemming from regulatory changes within the BSA framework.
• Identifies and escalates BSA compliance risks or breaches according to process.

Minimum Education

Bachelor’s degree in business administration or related field
ACAM Certification preferable.

Experience

At least five years of experience performing relevant regulatory compliance functions in the banking industry.

Other Qualifications

• Ability to analyze complex laws and regulations and relate those laws to operational procedures, company policies, and industry trends.
• Fully bilingual candidate, with strong English and Spanish written and communication skills, including the use of business terms and the ability to communicate effectively with senior-level management.
• Ability to work independently.
• Excellent project management and organization skills, including the ability to handle multiple projects at the same time while attentive to details and effectively meeting deadlines.
• Advanced analytical and highly developed critical thinking skills.
• Well-developed interpersonal skills and willingness to promote collaboration and professionally provide adequate feedback to address areas of opportunity in a timely manner.
• Proficient in Microsoft Office applications necessary to complete assigned tasks and projects, including Excel.

Values

• Passion for People
• Own Every Moment
• Succeed Together
• Build the Future

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

If you have a disability and need assistance with the application process, please contact us asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

As Puerto Rico’s leading financial institution, we reaffirm our commitment to always offer essential financial services and solutions for our customers, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you are a California resident, please click here to learn more about your privacy rights.

.

Popular is an Equal Opportunity Employer

Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.

Connect with us!

LinkedIn | Facebook | Twitter | Instagram

Job Segment: Compliance, Law, Legal

PI240566768

Apply Now