As a second line of defense, the Sales and Suitability (SSU) Compliance Officer is responsible for the adherence to local and international regulations and standards related to conduct, as well as supervisory requirements and group expectations. The candidate shall manage the Bank’s relevant conduct related risks through the appropriate control and oversight activities. The Role will have a reporting to SSU Compliance Head.
Responsibilities
SSU BAU Activities:
Perform SSU controls and address related Front Office queries
Prepare SSU reporting (Compliance Committee, Group reporting)
Conduct Special Product Monitoring (crypto assets, unit link, structured products)
Review marketing material/disclaimer
Support to Product Approval and Governance Process:
Draft minutes for the Local Commercialization Committee (CLC)
Maintain and update the CLC inventory
Follow up on CLC conditions
Maintain and update criteria logged in the Product Governance Framework
Client Risk Profile Maintenance:
Maintain and enhance the risk profiling algorithm
Track the client risk profile redocumentation
Contribution to Team Development:
Update procedure and policies
Prepare training materials and presentations
Support in digitalization/automation initiatives
Miscellaneous:
Provide support on ad hoc projects and initiatives
Profile:
Strong data analysis skills.
Solid knowledge of financial markets and financial products.
Excellent problem-solving abilities with the capacity to work independently and demonstrate initiative.
Critical thinking skills to proactively identify risks and issues impacting the Bank.
Strong follow-up capabilities to ensure outstanding matters are tracked and resolved in a timely manner.
Collaborative team player with the ability to work effectively across functions.
Highly dedicated, with strong multitasking and organizational skills.
Effective written and verbal communication skills.
Proficient in Microsoft Excel, Word, and PowerPoint; Bloomberg experience is an advantage.
Languages: Fluent in English and either Spanish or French.
Bachelor’s or Master’s degree in Finance, Business, Economics.
Requirements:
Eligible to work in Switzerland.
To be currently enrolled in a University/Study Centre.
Santander Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Santander and has not been reviewed or approved by Santander.
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Retirement Support — A dollar‑for‑dollar 401(k) match up to 6% of eligible pay and immediate vesting are highlighted as core strengths, supporting long‑term savings. This is reinforced by company‑paid disability and life/AD&D coverage that bolster financial security.
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Leave & Time Off Breadth — Paid time off typically ranges from 18–30 days in the U.S. with 11 paid holidays, plus dedicated volunteer and development time; the UK features a minimum of 25 days with buy/sell options. Some roles also use self‑managed PTO, offering additional flexibility depending on team norms.
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Parental & Family Support — U.S. parental benefits include 8 weeks paid for all parents and a total of 16 weeks paid for birth mothers, with flexibility for reduced hours around childbirth. Caregiver leave and dependent‑care programs add further family support.
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What We Do
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.
