Senior Operational Risk Associate

Company: Santander Holdings USA Inc
Location: Dallas
Posted on: March 3, 2025

Job Description:

Senior Operational Risk AssociateDallas, United States of AmericaThe Sr. Associate, Operational Risk is responsible for the strategic development, implementation, and effective execution of the Operational Risk (OR) program, the key program elements of which cover: internal loss, external loss, risk assessment, business impact assessments, KRIs, scenario analysis / stress testing, training, awareness, and communication, issues and remediation planning, tracking, MIS and reporting, testing, compliance, and monitoring.

• 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.
• Analyzes, measures performance, monitors trends, defines limits according for Corporate Banking Op Risk exposures in accordance to Risk Appetite.
• Assist in the ongoing oversight of Corporate Banking Operational Risk (OR) Framework in support of the first line of defense.
• Contributes to escalation, reporting, communication to Risk Governance Forums.
• Helps drive culture of risk awareness.
• Participates in the creation and delivery of OR business-tailored training.
• Supports the creation, management and development of OR program strategy, policies and models within the Corporate Banking Business.Qualifications:
  • Education: Bachelor's Degree in Business, Finance, Management, or equivalent field or equivalent work experience.
  • Work Experience: 9+ years in Risk Management in Banking or Financial Services.
  • Strong operational 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 (if applicable): 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.
  • Advanced operational risk, process, and control validation and/or assessment skills.
  • Ability to direct, train and guide peers, subordinates and management.
  • 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.EEO Statement: - At Santander, we value and respect differences in our workforce. - We actively encourage everyone to apply. - -Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
    
    Primary Location: -Dallas, TX, Dallas
    Other Locations: -Texas-Dallas,Massachusetts-BostonSalary: $93,750 - $165,000/year

Keywords: Santander Holdings USA Inc, Dallas , Senior Operational Risk Associate, Accounting, Auditing , Dallas, Texas