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Sr. Associate – Operational Risk

Sr. Associate – Operational Risk

CompanySantander
LocationLong Island City, Queens, NY, USA
Salary$93750 – $165000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • 8+ years of related experience; ideally any combination of Operational Risk (1st or 2nd line), Audit (3rd line) and/or Compliance experience.
  • Experience in Banking / Financial Services/Insurance.
  • Bachelor’s degree; Master’s degree preferred.
  • Ability to effectively interact with the front-line units, executive management and vendors.
  • Ability to convey a sense of urgency and drive issues/projects to closure.
  • Thought leader, strategic and critical thinker, problem solver.
  • Ability to work well both independently and collaboratively as a member of the team.
  • Ability to multi-task, work in a fast-paced environment and adapt to change.
  • Ability to influence with strong written and verbal communication skills.
  • Integrity, combined with high personal and professional standards.
  • Strong program and project management skills/capabilities.

Responsibilities

  • Provides 2nd Line risk oversight of the Operational Risk Management Program and provides direct 2nd Line support for policies/standards/procedures, strategies, material risks, risk reporting routines and metrics.
  • Independently serves as a trusted partner and risk advisor to key stakeholders and business partners across all lines of defense.
  • Credible review and challenge of 1st Line Risk and Control Self-Assessments, including process mapping, identification and assessment of risk, identification of controls, and assessments of control design and effectiveness.
  • Provide direct support for regulatory exams and interactions, including assessing risk remediation activities.
  • Perform independent risk assessments of operational risk management related disciplines, including issues, internal and external events, and concentrations.
  • Positively contribute to the risk culture and overall awareness of operational risk and contribute to the creation and delivery of operational risk management training.
  • Escalate, report and communicate operational risk management matters to executive management.

Preferred Qualifications

  • Master’s degree preferred.