VP - Leveraged Finance Credit Risk

Santander

3d•$101,250 - $185,000

About The Position

The VP - Leveraged Finance Credit Risk 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. The incumbent is responsible for reviewing, analyzing, and/or evaluating the Company's credit risk management program that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. The Sr. Associate will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. 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. Monitors assigned lending and/or trading units compliance within credit policy and underwriting standards. Provides independent oversight of all aspects of credit quality of assigned portfolios, including the daily approval process of individual credits a daily approval process of individual credits and the formal review process of the portfolio as a whole. Participates in the development of specialty lending and/or trading underwriting standards and guidelines as well as being responsible for the overall credit quality monitoring of portfolios, including the review of delinquencies, risk ratings, industries, etc. Leads special risk mitigation projects and/or programs, business continuity and other incident response and security related activities supporting industry best practices, improved efficiency, effectiveness and risk reductions. Influences others at an operational level regarding new concepts, best practices and approaches related to credit risk mitigation, credit risk identification and resolution, and/or credit risk management. Systematizes ad hoc reporting for line of businesses and team members to facilitate miscellaneous senior and executive management reporting and status updates as needed. Where required, provides review and challenge for senior management reporting. Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship

Requirements

Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Required.
9+ Years Risk Management, Credit Risk or Internal Audit experience. - Required.
9+ Years Financial Industry experience. - 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.
Ability to multi-task, prioritize activities, manage conflicts of interest, delegate, and meet deadlines while working in a fast paced-environment.
Ability to analyze risk and design efficient control practices and processes to remediate/minimize risk.
Strong presentation skills.

Nice To Haves

Master's Degree: Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Preferred.
9+ Years Consulting - Preferred.
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.
Reviewing, analyzing, and/or evaluating the Company's credit risk management program that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services.
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.
Monitors assigned lending and/or trading units compliance within credit policy and underwriting standards.
Provides independent oversight of all aspects of credit quality of assigned portfolios, including the daily approval process of individual credits a daily approval process of individual credits and the formal review process of the portfolio as a whole.
Participates in the development of specialty lending and/or trading underwriting standards and guidelines as well as being responsible for the overall credit quality monitoring of portfolios, including the review of delinquencies, risk ratings, industries, etc.
Leads special risk mitigation projects and/or programs, business continuity and other incident response and security related activities supporting industry best practices, improved efficiency, effectiveness and risk reductions.
Influences others at an operational level regarding new concepts, best practices and approaches related to credit risk mitigation, credit risk identification and resolution, and/or credit risk management.
Systematizes ad hoc reporting for line of businesses and team members to facilitate miscellaneous senior and executive management reporting and status updates as needed.
Where required, provides review and challenge for senior management reporting.
Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship