The role is responsible for overall governance and reporting of compliance matters (including Financial Crime Compliance) in Mainland China (Shanghai) to local/regional management, supervise the handling of general compliance matters, execution of compliance monitoring and controls, provide compliance advice and conduct risk and control assessment of compliance risks for Bank of Shanghai Collaboration activities conducted by Santander Consulting (Beijing) Limited, which is a Wholly Foreign-Owned Enterprise (“WFOE”) of Santander.
At the same time, this role is also part of the Hong Kong Compliance team and has to be responsible for the regulatory compliance tasks /projects assigned for wider Compliance functions to support the Santander Asia branches, mainly Hong Kong.
Key Responsibilities
Manage the general compliance matters related to WFOE including, among others, daily work contact with relevant supervisory authorities, ensuring communication from the authorities are disseminated to relevant parties timely, and taking reasonable steps to ensure external submission/filing are completed timely and accurate.
Conduct/supervise the execution of compliance monitoring and controls.
Coordinate with different departments of the Bank to ensure compliance with requests from relevant authorities, and implementation of new applicable requirements.
Compile, review and consolidate management reporting to Head Office, local and/or regional management and/or committees/forums.
Manage the Reputational Risk Assessment (RRA) process and New Product Approval Process.
Provide compliance advice and monitor the compliance with internal policies/procedures/guidelines.
Develop and deliver Compliance training, ensure that compliance training is properly included in the Compliance Training Plan and roll out to new joiners and existing employees.
Coordinate the issuance of compliance guidelines and distribution of key compliance messages to staff.
Coordinate regional compliance activities as required.
Job Requirements
Bachelor's degree or equivalent professional qualification.
Minimum 10 years of compliance experience within the banking industry, with exposure to both Mainland China and Hong Kong regulatory environments.
Strong experience in compliance monitoring, regulatory advisory, and regulatory change management.
Sound understanding of banking regulations and the ability to assess regulatory impacts on business operations.
Strong analytical, problem-solving, and decision-making skills.
Demonstrated leadership capabilities with a proactive, collaborative, and results-oriented approach.
Excellent verbal and written communication skills in both Mandarin and English.
Willingness to travel to Mainland China as required.
Skills Required
- University degree or equivalent qualifications
- Minimum 10 years relevant compliance experience in banking in Mainland China and Hong Kong
- Experience in compliance monitoring, regulatory advisory and regulatory change management
- Ability to interpret regulatory requirements and assess business impacts
- Strong analytical skills and judgement to identify problems and practical solutions
- Team player with leadership attributes and a can-do attitude
- Strong oral and written communication skills in Mandarin and English
- Willingness/ability to travel for business to Mainland China
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.
Santander Insights
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.
