SonicJobs Logo
Login
Left arrow iconBack to search

Business Risk Management, Vice President

Santander
Posted 4 days ago, valid for a month
Location

New York, NY 10016, US

Salary

$90,000 - $108,000 per annum

info
Contract type

Full Time

By applying, a Santander account will be created for you. Santander's Privacy Policy will apply.

Sonic Summary

info
  • The Vice President of Business Risk Management is responsible for minimizing the company's exposure to risk through quantitative analysis and compliance monitoring.
  • This role requires a Bachelor's Degree and at least 9 years of experience in Risk Management or Controls, preferably in a financial services technology environment.
  • Key responsibilities include overseeing market risks, managing risk reporting, and ensuring adherence to legal and regulatory standards.
  • The position involves collaboration with senior management and requires strong communication, analytical, and project management skills.
  • The salary for this role is competitive and commensurate with experience.

Business Risk Management, Vice President Country: United States of America USA Job Family Description: Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions. USA Job Function Description: 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. Essential Functions/Responsibility Statements: Control and oversee market risks, by analyzing Market Risk reports; Communicate with the corporate and local senior management, Audit and the business about the risk levels for the decision-making process. Oversee and ensure the development and implementation of short-term projects Develop and oversee the reporting for the various corporate entities such as Committees, Board of Directors, Auditors as well as the notes to the financial statements in order to support decision-making of corporate and local senior management Oversee and communicate the limit exceptions (excess communication) to senior management and the business; analyze the excesses and risk levels in the Market Risk reports for decision-making process of corporate and local senior management, internal audit and financial risk and the business. Organize and implement upgrades in Risk System (to apply the systematic updates and to optimize the batch process) with the Support team, and Methodology; Make decisions about the plan of tests on the system in order to improve efficiency in analyzing the reports for risk metrics Oversee the tests of valuation models in the Risks System through product analysis and identification of necessary inputs for the valuation; Ensure correct valuations and risk measurements for the products and positions taken by the business Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education: Bachelor's Degree or equivalent work experience: Business, Finance, Management, or equivalent field. Req Work Experience: 9+ Years Risk Management/Controls Req Skills and Abilities: Strong market 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: origination, underwriting, servicing, and collections/workout. Advanced market 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. Excellent written and oral communication skills. Excellent analytical, organizational and project management skills. Strong project management skills.




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Santander account will be created for you. Santander's Privacy Policy will apply.