VP - Control & Governance

Santander

2d•$140,000 - $185,000

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 Middle Office Operations - IC4 is responsible for overseeing quality control of processing, work allocation and workflow of a Middle Office team and outsourced functions in accordance with SLD. S/he reviews and approves work conducted by more junior levels in accordance with function policies and procedures. The incumbent serves as a subject matter expert and conducts research to gather information on the most complex, multi-faceted transactions and provides answers to complex inquiries that have been escalated by lower levels. Internal Control Testing: Validate the adequacy of controls, escalate deficiencies as appropriate. Identify root causes of control deficiencies/weaknesses. Facilitates the maintenance of trade static data, trade enrichment, and trade exception handling and market claims. Handles the most complex reconciliations analysis (cash, asset, trade matching, and market value), break assignment, resolution of reconciliation breaks, and trade fails. Participates in monthly end-client statement workflow, ad hoc reporting, and incident management. Identifies resolves and escalates any issues that affect the accuracy of the Investment Book of Record (IBOR) within the team. Acts as a subject matter expert within incident management. Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions. Regularly interacts with clients in answering questions and resolving multifaceted inquiries for complex transactions.

Requirements

Bachelor's Degree or equivalent work experience: Business Administration, Finance, or equivalent field. - Required.
9+ Years Commercial Loan; documentation, closing, or other directly related experience. - Required.
9+ Years Account relationship management experience. - Required.
Expert knowledge of commercial loan documentation, loan closing processes and procedures, lending policies, compliance and lending regulations .
Ability to accurately review, read and interpret highly complex loan documentation.
Expert knowledge of due diligence and risk management requirements.
Accurate and detail oriented.
Ability to multi-task and meet deadlines.
Strong capacity for operating in a flexible, dynamic environment where creative and strategic thinking .
Ability to communicate with all levels within the Line of Business .
Motivated self-starter capable of excelling in a fast paced team environment.
Excellent organization, planning and time management skills .
Excellent oral and written communication skills – the ability to convey a broad array of information succinctly and accurately.
Excellent interpersonal and negotiation skills.
Flexibility and the ability to adapt to change in a dynamic environment.
Excellent analytical skills and investment and business acumen.
High level attention to detail.
Excellent problem solving and communication skills, both verbal and written.
Ability to thrive in a fast-paced environment and manage multiple projects simultaneously with tight deadlines.

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

Overseeing quality control of processing, work allocation and workflow of a Middle Office team and outsourced functions in accordance with SLD.
Reviews and approves work conducted by more junior levels in accordance with function policies and procedures.
Serves as a subject matter expert and conducts research to gather information on the most complex, multi-faceted transactions and provides answers to complex inquiries that have been escalated by lower levels.
Validates the adequacy of controls, escalate deficiencies as appropriate.
Identifies root causes of control deficiencies/weaknesses.
Facilitates the maintenance of trade static data, trade enrichment, and trade exception handling and market claims.
Handles the most complex reconciliations analysis (cash, asset, trade matching, and market value), break assignment, resolution of reconciliation breaks, and trade fails.
Participates in monthly end-client statement workflow, ad hoc reporting, and incident management.
Identifies resolves and escalates any issues that affect the accuracy of the Investment Book of Record (IBOR) within the team.
Acts as a subject matter expert within incident management.
Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions.
Regularly interacts with clients in answering questions and resolving multifaceted inquiries for complex transactions.