Associate, Treasury Risk

Santander • Boston, MA

9d • $90,000 - $155,000

About The Position

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You! The Associate, Treasury Risk will assist the Interest Rate Risk (IRR) team in managing recurring analytical processes while using the Financial Risk tool, QRM. The Associate will oversee the analysis required to monitor and report monthly IRR Limits for IRR metrics.

Requirements

• Bachelor's Degree or equivalent work experience: Business, Finance, Management, or equivalent field. - Required.
• 5+ Years Risk Management/Controls - Required.
• Advanced understanding of key inherent risk and market risk management control practices to perform periodic analysis with critical reasoning for high management reporting.
• Strong market 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: 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.
• 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.
• Excellent written and oral communication skills.
• Strong analytical, organizational and project management skills.

Nice To Haves

• Strong knowledge and understanding of financial products.
• Strong communication skills, both written and verbal.
• Experience using QRM highly desired.
• Proficiency in Excel necessary.
• Experience using VBA, SQL, Access desired.
• Hands-on experience with automating processes using coding/programming languages would be a benefit.

Responsibilities

• Own and execute the monthly Internal Rate of Return (IRR) calculation process, ensuring accuracy, timeliness, and compliance with established methodologies.
• Review, validate, and challenge the accuracy, completeness, and consistency of data inputs used in IRR calculations.
• Perform ad-hoc IRR and performance analyses to support management inquiries and business decisions.
• Prepare and present IRR analysis, insights, and key findings to senior management in a clear and concise manner.
• Develop, maintain, and enhance IRR-related procedures, guidelines, and documentation to ensure process consistency and knowledge continuity.
• Conduct monthly variance and trend analyses to identify key performance drivers, risks, and emerging issues, and escalate findings as appropriate.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees