Compliance Manager - Pensions

• Minimum of 5 years of experience in Regulatory Compliance, Internal Control, Audit, Risk, or Legal Advisory functions in pension fund management entities, financial institutions, insurance companies, or asset management companies.
• Experience in the analysis and interpretation of financial, insurance, and pension regulations.
• Participation in regulatory projects, process reviews, compliance risk assessments, and monitoring of action plans.
• Experience in relationship with supervisory bodies and management of regulatory requirements.

Technical skills (Hard skills)

• Regulatory framework applicable to pension funds and pension plans.
• Governance systems, internal control, and risk management in financial and insurance entities.
• Regulations regarding regulatory compliance, conduct, and customer protection, knowledge of AML/CFT and Personal Data Protection.
• Corporate governance system, conflicts of interest, and codes of conduct, demonstrating the ability to prepare reports, interpret regulations, and issue regulatory advice.
• Excel, Power Point, Word
• Knowledge of data analysis and processing tools (Power BI or similar) is desirable.

Interpersonal skills (Soft skills)

Analytical and critical thinking, communication skills, synthesis capacity, problem-solving, teamwork, assertiveness, and adaptability.

• Specific experience in pension funds and supplementary social welfare will be valued.

• Degree in Law, Business Administration and Management, Economics, Actuarial and Financial Sciences, or related disciplines.
• Postgraduate training or specialization in Compliance, Financial Regulation, Insurance, Pension Funds, Audit, Risk Management, or Internal Control, as well as professional certifications in Compliance and Corporate Governance, will be valued.

• English: medium level sufficient for regulatory analysis, report preparation, and participation in international forums/projects.

Compliance Manager-Pension FundsCountry: Spain

Santander Seguros is looking for a Compliance Manager-Pension Funds based in Juan Ignacio Luca de Tena (Madrid).

As Compliance Manager-Pension Funds, your mission will be to Lead the Regulatory Compliance function regarding Pension Plans and Funds, ensuring the proper identification, assessment, and supervision of compliance risks associated with this activity. Additionally, you must provide specialized advice to business areas, promote a culture of compliance and customer protection, and contribute to decision-making through an adequate balance between business objectives and regulatory requirements, reinforcing the integration of pension activity into the entity's governance and control system.

In this role, your main responsibilities will include:

• Specialized regulatory advice on Pension Plans and Funds.

Act as a Compliance reference regarding Pension Plans and Funds, providing independent advice to business areas and support on applicable regulations, identifying regulatory risks, and contributing to decision-making through solutions aligned with regulatory requirements and business objectives.

• Supervision of compliance risk and execution of second-line controls.

Identify, assess, and supervise the compliance risks associated with pension activity, ensuring the implementation of an effective control framework and the adequate monitoring of regulatory obligations, incidents, action plans, and corrective measures.

• Participation in product governance and supervision from a compliance and customer protection perspective.

Participate in the design, review, and monitoring processes of social welfare products, promoting transparency, the adequate management of conflicts of interest, and the protection of the interests of participants and beneficiaries throughout the product life cycle.

• Integration of pension activity into the SSR governance and control framework.

Coordinate the incorporation of processes, risks, and regulatory requirements of the pension activity within the SSR Compliance governance model, policies, methodologies, and procedures, guaranteeing the coherence and effectiveness of the internal control system.

• Relationship with supervisors, governance bodies, and business areas to ensure regulatory compliance and the adequate protection of participants and beneficiaries.

Act as the reference interlocutor regarding compliance for pension activity, preparing reports and positions, participating in committees, and coordinating the response to regulatory requirements, contributing to the adequate management of supervisory and corporate governance expectations.