Consumer Credit Risk Sr. Associate

Banco Santander•Boston, MA

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You! The Consumer Credit Risk Sr. Associate is responsible for risk analysis and independent oversight of credit quality of assigned portfolios. They are responsible for all aspects of credit quality including compliance with requirements of regulators and internal control and will recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. 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 on the company's risk areas. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems. Oversees and ensures consistent quality control, accuracy, and compliance with internal policies and regulatory requirements for reporting processes. Ensures and executes ongoing maintenance of controls, mitigation plans, testing, and/o credit risk assessments. Partners with the accountable business owner for effective 1st and 2nd line of defense Risk Management and Controls. Provides oversights on risk-management content/processes

Requirements

Bachelor's Degree or equivalent work experience
9+ years in Credit RIsk in the Banking or Financial Services Industry
Advanced Proficiency with SQL, Python and Power BI required
Advanced knowledge of the operational, accounting, credit, regulatory, market and technological risks within Financial Industry
Demonstrated knowledge of credit policies and procedures, regulations and applicable law(s)
Demonstrated credit analysis skills for understanding/tracking counter party performance and market risk & modeling skills for evaluating trade positions and the related counter party risk exposures
Demonstrated track record interacting with the regulators, external and internal audit
Superior project management skills
Excellent written and verbal communication
Ability to interact with all levels of management, work independently and in a team environment

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education
Experience in Microsoft Office products

Responsibilities

risk analysis and independent oversight of credit quality of assigned portfolios
responsible for all aspects of credit quality including compliance with requirements of regulators and internal control
recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department
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 on the company's risk areas
Evaluates the adequacy and effectiveness of data, document retention, and monitors systems
Oversees and ensures consistent quality control, accuracy, and compliance with internal policies and regulatory requirements for reporting processes
Ensures and executes ongoing maintenance of controls, mitigation plans, testing, and/o credit risk assessments
Partners with the accountable business owner for effective 1st and 2nd line of defense Risk Management and Controls
Provides oversights on risk-management content/processes