Santander Bank, NA Lead Risk Analyst in Boston, Massachusetts

Lead Risk Analyst - 1802815

##

Description

Santander’s Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government.

Our clients rely on the strength of Santander’s balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions. In addition, Santander’s significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.

Summary

The Lead Risk Analyst (1st line of defense) sits in the commercial banking line of business and is responsible for various activities relating to risk management performance. Works to identify, assess and action various risks throughout the assigned business line by executing defined risk programs. Executes, reviews, or evaluates controls via a quality program and participates in initiatives and recommends opportunities for improved efficiency, effectiveness and/or risk reduction. Evaluations will require collaboration with various stakeholders while influencing parties toward strategic goals. Reports and escalates as necessary to risk management team (including 2nd line of defense) and drives cultural awareness/ education of risk management practices.

Specific Duties & Responsibilities

  • Utilizes knowledge of commercial middle market and leveraged finance lending

  • Implement key performance metrics across business

  • Prepare executive level reporting of risk metrics

  • Escalate negative trends observed; provide insight to causes of risk indicators out of tolerance levels and develop recommendations to mitigate identified risks

  • Evaluate quantitative and qualitative key metrics against strategic objectives

  • Identify areas that need improvement and/or areas where risk tolerances should be adjusted to align with heightened standards

  • Develop portfolio of recommendations, communicate performance adjustment action to varied stakeholders, and influence decisions to align with heightened standards

  • Manage complex process evaluations across single or varied business lines with a scope of multiple risk domains

  • Expert subject matter knowledge to coach and motivate others to reach goals

  • Influencing risk reduction actions and/ or challenging non-optimal decisions

  • Interactions with all lines of defense risk teams and authority to effectively represent the business division

  • Spearhead multiple strategic risk programs and identify execution risks and recommend alternatives to meet strategic objectives

  • Highly visible and will communicate with diverse partners, in a leadership capacity. Programs will encompass multiple risk domains across multiple business lines

  • Authority to negotiate with business lines on actions, process alterations, quality execution designs and must influence businesses into better positions

  • Identify strategic quality initiatives and recommend changes or adjustments of program design to meet objectives

  • Lead the development of risk management strategies that drive identification, quantification and mitigation of risk within the business, while providing acute depth of knowledge or influence

  • Identification of risk indicators/controls

  • Collaborate with business leaders to define data /metrics used to measure risk

  • Review quality assurance program/ processes and determine resolution steps or design modifications for quality issues, with escalation and reporting as required

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

##

Qualifications

  • Commercial middle market knowledge/experience

  • Leveraged finance knowledge/experience

  • 7+ years of banking experience

  • Experience in risk functions

  • Ability to act as mentor and exhibit solid leadership skills

  • Effective and decisive decision making skills as well as ability to build consensus

  • In-depth research and analysis skills for more complex and critical data

  • Ability to interpret and communicate industry trends

  • Strong communication skills to assist in influencing and directing a team and/or collaborating with various stakeholders

Job : Risk Management Strategy
Primary Location : Massachusetts-BOSTON

##

Organization : Commercial Banking (4700)
Schedule : Full-time
Job Posting : May 1, 2018, 2:23:01 PM

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO