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Fund Finance / Markets / Financial Sponsors Credit Risk 2nd Line of Defense - Corporate & Investment Banking

Santander
Posted 7 days ago, valid for a month
Location

New York, NY 10016, US

Salary

$95,000 - $114,000 per annum

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Contract type

Full Time

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

Sonic Summary

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  • The position involves ensuring adherence to policies and procedures for Fund Finance credit risk and performing credit analysis to assess deal viability.
  • Candidates are expected to have at least 5 years of experience in credit risk management or a related field.
  • The role includes reviewing and challenging new Fund Finance underwritings and managing compliance with risk policies.
  • The salary for this position ranges from $100,000 to $130,000, depending on experience and qualifications.
  • Additionally, the candidate will provide oversight on risk-management processes and lead special risk projects within the Fund Finance sector.

Ensures adherence to the policies and procedures for Fund Finance credit risk. Represents 2LOD in all new CIB Fund Finance deal screenings, perform credit analysis to determine deal viability, and compliance with Fund Finance credit underwriting standards. Review and challenge on all new Fund Finance underwritings. Review all Fund Finance annual reviews. Manages and ensures compliance with all Fund Finance policy, standard definitions and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies. Provides independent oversight of all aspects of credit quality of assigned portfolios, including the daily approval process of individual credits and the formal review process of the portfolio. Identifies, manages, and reports on the company's risk areas. Maintains up to date on all market developments, best practices, and trends within the broader Fund Finance, NAV Lending, and Hedging. Leads special risk projects and/or programs, business continuity and other incident response and security related activities supporting Fund Finance industry best practices. 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. Provides oversights on risk-management content/processes followed by the 2nd line of defense. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems. Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship.




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