Apply on Employer Site

Santander · 4 hours ago

I-Banking Business Controls & Risk Management, Associate

Miami, FL

Full-time

Hybrid

Mid, Senior Level

$66K/yr - $110K/yr

5+ years exp

Santander is a global leader and innovator in the financial services industry. The Associate, Business Control & Risk Management is accountable for assisting the CIB Business Control Unit in driving effective business line execution against the Enterprise Risk Management Framework.

BankingCommercial LendingFinanceFinancial ServicesPersonal Finance

Comp. & Benefits

Responsibilities

Facilitate scenario analysis exercises in coordination with business units and CIN Business Control Officers (BCO), documenting key assumptions, impacts, and mitigation strategies

Support the BCOs in the execution of the firm’s Material Risk Identification and Assessment (MRIA) program, ensuring timely updates and accurate documentation in risk management systems

Assist in the development and refinement of key risk indicators (KRIs), and monitor thresholds to identify emerging trends and trigger appropriate escalation

Prepare and review enterprise risk MIS and reporting for BCOs, senior management and governance forums, with a focus on material risk trends, KRI performance, and scenario outcomes

Partner with BCOs and risk owners to ensure enterprise risks are appropriately identified, assessed, and managed in alignment with risk appetite and control frameworks

Maintain risk program documentation and support regular reviews and enhancements to scenario analysis, material risk, and KRI processes

Qualification

Financial services knowledgeRegulatory environment understandingOperational Risk ManagementRisk analysis experienceProject management skillsMulti-tasking skillsOrganizational awarenessInternal controls knowledgeTime management skillsAttention to detail

Required

Knowledge of the financial services sector, particularly the products and services of a commercial or investment bank

Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators

Strong project management skills

Ability to build internal and external networks of information resources within the risk management ecosystem

Operational Risk Management Experience

Experience in gap or risk analysis

High sense of urgency with ability to drive results

Effective multi-tasking and prioritization skills

Ability to handle diverse workload and tight schedule

Solid time management and organizational skills

Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field

5 years