Sr. Associate, Business Control and Risk Management-IT Cloud Control Tester

The IT Sr Associate operates within the First Line of Defense (FLoD) to execute the Enterprise Risk Framework - ensuring compliance with Regulations, Corporate Standards, and Corporate Policy. The Sr. Associate will help champion the Business Control mandate acting as a critical partner guiding stakeholders to embed risk management practices in the FLoD (First Line of Defense). The Sr Associate serves as a subject matter expert by advising and guiding enterprise-wide initiatives such as control assessments, risk assessments, and controls performance attestation. Evaluations require collaboration with various stakeholders while influencing parties towards strategic goals.  Sr Associate is a cloud (AWS) subject matter expert and will guide others on the team regarding appropriate testing strategies and appropriate evidence and may manage a small team in these efforts.

Essential Functions:

• Recognized as a subject matter expert (especially in cloud) by advising and guiding enterprise-wide initiative such as control assessments, risk assessments, validation of remediation of issues, and other special projects as assigned.

• Drives projects to implement the necessary changes to IT procedures and processes in order to align the Technology to the organization's OCC's practice standards.

• Analyzes, evaluates, and provides strategic guidance and direction for programs, policies, and procedures to ensure alignment with regulatory requirements and acceptable risk mitigation practices.

• Acts as a liaison with Risk and Compliance teams or Second Line of Defense to develop and implement new standard requests/revisions, to complete all line of business-related risk assessments, risk mandates, continuity plans, resolution plans, and execution.

• Supports Business Unit team members in the resolution of risk related issues.

• Identifies gaps in risk and controls, proposes solutions, and implements corrective actions.

• Performs control assessments as part of the First Line of Defense across all of Technology by determining the design and operating effectiveness of controls in accordance with standards and regulatory requirements.  

• Provide management with regular reporting of program progress and risks.

• Effectively partners with Technology management/leader to mitigate risk.

• Manages complex process evaluations across single or varied lines of business.

Requirements:

Education:

• Bachelor's Degree:  Statistics, Risk Management, Information Systems, Finance, or equivalent field or equivalent work experience

Experience:

• 5+ years Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience.

•  3+ years testing technical controls and evaluation of technical evidence/data, including cloud (AWS)

Skills & Abilities:

• Must have experience testing cloud hosted applications or platforms.

• Must be able to work with minimal supervision and deliver assignments on schedule.

• Must be able to work in fast paced environment.

• Prior experience with Cyber-risk assessment / Cyber security assessment / Penetration testing / Network Devices (firewalls/IDS-IPDS) / IT Tools .

• Strong knowledge and understanding of risk and control methodology including frameworks such as the COSO and COBIT frameworks.

• Develop and document test procedures and/or document recommendations for test plan modifications that improve validation of control objectives. Test procedure development may cover a wide range of technically diverse topics ranging from IP Network Discovery, access management, network security/operation, vulnerability management, Information Security, SDLC, Backup and others. 

• Data analysis skills and ability to develop scripts or complex Excel formulas to gather and analyze data required for control assessment.  Automate testing procedures where possible.

• Perform multi-platform (application, database, operating system, middleware, monitoring tools, and business processes) level testing. Obtain, review, and interpret evidence provided to validate controls are performed effectively and identify vulnerabilities, gaps, or control deficiencies.  Identify risks associated with control failures and supports the identification of mitigating controls.

• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.

• Ability to accurately document control testing results in sufficient details.

• Ability to build credibility with, collaborate with, and influence Technology management/leadership

• Excellent analytical and complex problem-solving skills.

•  Superior project management skills.

• Ability to constructively work both independently and in collaborative environments involving all levels of management and employees

• Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators.

• Demonstrated judgement in escalation, ensuring risk-based clear line of sight for senior executives into existing and emerging issues/incidents.

• Ability to constructively work both independently and in collaborative environments 

• Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels

Licenses & Certifications:

• Preferred Professional Certification such as CRISC, CISA, CISSP

Competencies:

Collaboration - Relationship Management: Advanced - Leading and Guiding

• Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results.

• Uses informal networks to gain support for ideas and projects.

Collaboration - Teamwork: Advanced - Leading and Guiding

• Brings out the best in each team member by consistently motivating and acknowledging peer contributions.

• Understands and leverages team dynamics.

Execution - Accountability: Advanced - Leading and Guiding

• Fully accountable for timeliness, completeness, quality of projects, processes, products and services.

• Remains calm and focused on goals while facing pressures, obstacles or short-term setbacks.

Influence - Information Sharing: Advanced - Leading and Guiding

• Ensures people receive the information they require, and brings the team together to share information.

Influence - Two-way communication: Advanced - Leading and Guiding

• Effectively conveys difficult or complex information in an easy to understand manner, by providing the big picture and illustrating important linkages.

• Asks open-ended questions that encourage others to give their points of view.

Risk Business Acumen - Industry Acumen: Advanced - Leading and Guiding

• Keeps up -to-date with external market events, pressures and regulations which may impact the organization and assesses whether similar issues exist in the organization.

• Can identify functional and organizational implications associated with major trends.

• Designs solutions to address industry activities that impact the organization.

Risk Management - Knowledge of Risk Management Policies, Regulations, Processes and Procedures: Advanced - Leading and Guiding

• Monitors adherence to policies, regulations, processes and procedures within function and actively undertakes corrective action where necessary.

• Understands end to end processes across the organization and how processes are integrated.

• Has a practical knowledge of regulations impacting area supported.

Risk Management - Risk and Compliance Adherence: Advanced - Leading and Guiding

• Ensures that all directs and colleagues have appropriate knowledge of risk and the regulatory environment.

• Investigates and identifies the root cause and corrects items deemed non-compliant, regardless of pressures from business or management.

Diversity & EEO Statements:

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.

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.

Working Conditions:

Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights:

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: Quincy, MA, Quincy

Other Locations: Massachusetts-Quincy,Texas-Dallas

Organization: Santander Holdings USA, Inc.