Senior Operational Risk Associate
| Company | Santander |
|---|---|
| Location | Boston, MA, USA, Dallas, TX, USA, New York, NY, USA |
| Salary | $93750 – $165000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- Bachelor’s Degree in Business, Finance, Management, or equivalent field or equivalent work experience. – Required.
- 9+ Years Risk Management/Risk MIS – Required.
- 9+ Years Financial Services industry. – Required.
- Strong operational risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
- Knowledge of workflow/processes and risks/controls, including (if applicable): origination, underwriting, servicing, and collections/workout.
- Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense.
- Advanced operational risk, process, and control validation and/or assessment skills.
- Ability to direct, train and guide peers, subordinates and management.
- Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
- Ability to adjust to new developments/changing circumstances.
- Ability to convey a sense of urgency and drive issues/projects to closure.
- Ability to effectively interact with the market, executive management and vendors.
- Ability to adapt and adjust to multiple demands and competing priorities.
Responsibilities
- Ensures adherence to the policies and procedures established by the company.
- Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies.
- Monitors and manages risk/exposure and compliance with the company’s policies.
- Identifies, manages and reports on the company’s risk areas.
- Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.
- Analyzes, measures performance, monitors trends, defines limits according for Corporate Banking Op Risk exposures in accordance to Risk Appetite.
- Assist in the ongoing oversight of Corporate Banking Operational Risk (OR) Framework in support of the first line of defense.
- Contributes to escalation, reporting, communication to Risk Governance Forums.
- Helps drive culture of risk awareness.
- Participates in the creation and delivery of OR business-tailored training.
- Supports the creation, management and development of OR program strategy, policies and models within the Corporate Banking Business.
Preferred Qualifications
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.