Associate, Technology Business Control & Risk Management

Santander•Miami, FL

5d•$65,625 - $110,000

About The Position

The Associate, Business Control & Risk Management operates within the First Line of Defense and supports the team in driving effective, consistent business-line execution against the Enterprise Risk Management Framework. The role identifies and assesses key risks and control effectiveness across an assigned business line, promoting adherence to applicable risk frameworks, corporate and business-line policies, and standards. It also supports assigned risk initiatives, including risk assessments, KRI/KPI development and monitoring, and timely issue remediation, while partnering with a range of stakeholders. The Associate helps promote risk culture and awareness, develops metrics and delivers relevant data, monitors internal and external sources of risk, and supports risk assessments and internal control testing. The role also liaises with business lines on regulatory, Internal Audit, and Credit Risk Review examinations, reviews related materials and responses, validates remediation, and supports implementation of the Key Risk Indicator framework. The position requires a bachelor's degree or equivalent demonstrated through work experience, training, military service, or education. A master's degree and risk certification are preferred. Applicants must be legally authorized to work in the United States full-time without employer sponsorship. The stated annual base pay range is $65,625 to $110,000, with compensation varying by skills, experience, training, licensure, certifications, and location. The role involves frequent minimal physical effort such as sitting, standing, and walking; occasional moving or lifting of light equipment or furniture may be required depending on location.

Requirements

Bachelor's degree in a related field, or equivalent demonstrated through a combination of work experience, training, military service, or education.
At least 5 years of experience in risk management, internal controls, auditing, credit management, relevant line-of-business experience, and/or legal or regulatory experience.
Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services.
Knowledge of the financial services sector, particularly competitive dynamics and products in retail banking and risk management.
Advanced understanding of the regulatory environment and how the risks of the bank's products and services are viewed by the Second Line of Defense and regulators.
Ability to build credibility with, collaborate with, and influence line-of-business executives.
Excellent analytical and complex problem-solving skills.
Strong project management skills.
Ability to work constructively both independently and collaboratively with all levels of management and employees.
Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments, and service levels.
Ability to build internal and external networks of information resources within the risk management ecosystem.
Understanding of BSA/AML and OFAC regulations, regulatory expectations, and industry-leading practices.
Ability to deliver high-quality documentation with attention to detail.
Must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

Nice To Haves

Master's degree in a related field, or equivalent demonstrated through a combination of work experience, training, military service, or education.
Risk certification.
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

Promote awareness of risk frameworks, policies, and standards within the business line.
Work with team members and stakeholders to develop appropriate metrics and deliver relevant, accurate data; collaborate with internal teams to understand existing risks, causes, severity ratings, and controls.
Partner with the Second Line of Defense (SLoD) to provide input on and review frameworks, policies, and standards, and facilitate business-line adherence and issue validation.
Monitor risk sources within the business line and externally; use research, peer networking, and experience to anticipate critical risks affecting the business line.
Conduct RCSA responsibilities, including process mapping, risk and control matrices, inherent risk assessments, internal control testing, and Heracles data/input, where applicable.
Implement and maintain internal control testing and control-effectiveness monitoring; validate control adequacy, escalate deficiencies, and identify their root causes and weaknesses.
Liaise with the business line on regulatory, Internal Audit, and Credit Risk Review examinations; review materials and responses and validate remediation work, including artifacts and action plans.
Support implementation of the Key Risk Indicator framework by defining and documenting metric details, including metric type, provider, approver, numerator and denominator descriptions, source, scope, thresholds, and Risk Basel category.
Support assigned business-line risk initiatives, including risk assessments, KRI/KPI development and monitoring, and timely issue remediation.
Partner effectively with stakeholders across the business line and risk management ecosystem.