Associate Director, Operational Risk

Santander US

4

New York, NY

Why you should apply for a job to Santander US:

  • 4/5 in overall job satisfaction

  • 4.6/5 in supportive management

  • 79% say women are treated fairly and equally to men

  • 79% would recommend this company to other women

  • 78% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.
  • World’s highest-scoring bank in 2023 Bloomberg Gender-Equality Index

  • 14 weeks of paid maternity leave; 6 weeks of paid parental leave for fathers and non-birth parents

  • Inclusive fertility benefits; back-up childcare and eldercare; paid caregiver leave program

  • #Req1061996

    Position summary

    Associate Director, Operational RiskNew York, United States of America

    WHAT YOU WILL BE DOING

    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 horizontally and vertically on the company's risk areas. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.

    Essential Functions/Responsibility Statements:

    • Contribute to the ongoing enhancement of the ORM framework through expanding awareness of internal and external loss data, risk assessments, business impact assessments, KRIs and KPIs, scenario analysis / stress testing.

    • Drive the 2nd Line oversight of the Vendor Risk Management framework

    • Supervise the RCSA review and challenge for cross entity functions and businesses

    • Drives Risk Data Aggregation infrastructure projects for operational risk and Risk Reporting Framework initiatives with the RDA, Corporate and T&O corresponding groups.

    • Participates in forums, lead efforts, chair deep dive conversations and present regular reporting to senior management.

    • Drives data migrations to new corporate solutions.

    • Governs, validates, and supports the maintenance of the relevant Policies, Guidelines and Frameworks related to Operational Risk Reporting and KRI management/Management of issues in IGRC tool.

    Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Education: Bachelor's Degree or equivalent work experience

    Work Experience: 12-15 years; Risk Management/Risk MIS / Financial/ services environment.

    Skills and Abilities:

    • Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.

    • Strong knowledge of workflow/processes and risks/controls.

    • 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 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.

    Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

    Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

    Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

    Employer Rights: Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

    For NYC Job Applicants: The base annual salary range for this position is $150,000-$205,000.  The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

    Bachelor of Science (BS) English

    Primary Location: New York, NY, New York

    Other Locations: New York-New York

    Organization: Banco Santander S.A.

    AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

    Get jobs straight to your inbox

    Anonymous company reviews, virtual recruiting events, and a supportive community for women when you sign up.

    What are Santander US perks and benefits

    Lactation facilities

    Maternity leave coaching

    Fertility

    Backup child care

    Elder care

    Paid maternity

    Paid paternity

    Paid adoptive

    Short term disability

    About the company

    Industry: Finance: Personal & Commercial Banking

    We’re Santander US, and we’re wholly owned by Santander Group, a global financial institution that serves more than 150 million customers worldwide. Here in the United States, we employ more than 14,000 people and serve more than 5 million customers through our businesses:

    • Santander Holdings USA Inc.
    • Santander Bank, N.A., our retail and commercial
    • Santander Consumer USA, our consumer auto finance business
    • Santander Private Banking, serving non-U.S. resident, high-net-worth
    • Santander Investment Securities, our investing arm for institutional investors and emerging market trading operations 

    Why you should apply for a job to Santander US:

  • 4/5 in overall job satisfaction

  • 4.6/5 in supportive management

  • 79% say women are treated fairly and equally to men

  • 79% would recommend this company to other women

  • 78% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.
  • World’s highest-scoring bank in 2023 Bloomberg Gender-Equality Index

  • 14 weeks of paid maternity leave; 6 weeks of paid parental leave for fathers and non-birth parents

  • Inclusive fertility benefits; back-up childcare and eldercare; paid caregiver leave program

  • Advertisement