USA Associate, Credit Risk (047RI1)

Santander

114d • $76,875 - $130,000

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.

Requirements

• Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field.
• 5+ Years Risk Management, Credit Risk, or Internal Audit experience.
• 5+ Years Financial Services industry experience.
• Detailed knowledge of a commercial bank's credit and counterparty customer populations.
• Demonstrated credit analysis skills for understanding/tracking market risk & modeling skills for evaluating related risk exposures.
• Ability to work with large databases and datasets for extraction and conversion into useful final results.
• Ability to maintain accuracy while handling sensitive data files.
• Ability to adjust to new developments/changing circumstances.
• Ability to build and foster internal relationships.
• Strong project management skills.
• Ability to summarize, document, and communicate information in a clear and concise manner.

Nice To Haves

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Responsible for risk concentration monitoring, analysis, and reporting.
• Analyze and summarize current and prospective trend financial characteristics.
• Regulate risk exposure and controls by identifying areas of concern, opportunities, and reports on potential and/or known issues while recommending process improvements.
• Evaluate counter party credit equivalent exposure in non-standard trade positions using modeling techniques.
• Identify potential credit risks and assess impact, probability of occurrence and timeframe.
• Analyze counter party portfolio and cross-border risk data, events and trends.
• Investigate various credit risk inquiries, proposals, plans, and make recommendations as directed by management or at own initiative.
• Provide guidance and subject matter expertise regarding credit risks and mitigation planning to colleagues across the organization.
• Maintain abreast of emerging risk trends and risk management best practices; summarize and communicate findings with team.
• Implement quality controls and processes; determine resolution steps for quality issues, with escalation and reporting as required.
• Ensure business activities and operations are in compliance with applicable policies, procedures and/or regulatory requirements.
• Generate routine analysis and insights using raw and multiple data sources for reporting.
• Perform ad-hoc projects requiring planning, research, analysis, and recommendations to management via formal presentations and/or written communications.
• Regulate credit risk exposure, mitigation, and controls for new products and implement solutions to existing programs.
• Collaborate cross-functionally with Information Technology to ensure the establishment of recovery testing methodologies; the planning and coordination of the testing of recovery support and business resumption procedures.
• Develop and present comprehensive risk exposures and recommendations on best practices for remediation and implementation to management.

Benefits

• Base Pay Range Minimum: $76,875.00 USD
• Base Pay Range Maximum: $130,000.00 USD

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees