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Santander · 1 day ago

Associate, Credit Risk

New York

Full-time

Onsite

Mid, Senior Level

$79K/yr - $138K/yr

5+ years exp

Santander is a global leader and innovator in the financial services industry. The Associate, Credit Risk is responsible for risk concentration monitoring, analysis, and reporting, including identifying potential credit risks and providing recommendations for process improvements.

BankingCommercial LendingFinanceFinancial ServicesPersonal Finance

Comp. & Benefits

Responsibilities

Identifies potential credit risks and assesses impact, probability of occurrence and timeframe

Analyzes counter party portfolio and cross-border risk data, events and trends

Investigates various credit risk inquiries, proposals, plans, and makes recommendations as directed by management or at own initiative

Provides guidance and subject matter expertise regarding credit risks and mitigation planning to colleagues across the organization

Maintains abreast emerging risk trends and risk management best practices; summarizes and communicates findings with team

Implements quality controls and processes; determines resolution steps for quality issue, with escalation and reporting as required

Ensures business activities and operations are in compliance with applicable policies, procedures and/or regulatory requirements

Generates routine analysis and insights using raw and multiple data sources for reporting

Performs ad-hoc projects requiring planning, research, analysis, and recommendations to management via formal presentations and/or written communications

Regulates credit risk exposure, mitigation, and controls for new products and implements solutions to existing programs

Collaborates cross-functionally with Information Technology to ensure the establishment of recovery testing methodologies; the planning and coordination of the testing of recovery support and business resumption procedures

Develops and presents comprehensive risk exposures and recommendations on best practices for remediate and implement to management

Qualification

Risk ManagementCredit RiskSASSQLPython/RFinancial ServicesCredit AnalysisData HandlingProject ManagementCommunication SkillsRelationship Building

Required

Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field

5+ Years Risk Management, Credit Risk, or Internal Audit

5+ Years Financial Services industry experience

SAS, SQL, Python/R

Detailed knowledge of a commercial banks credit and counterparty customer populations, understanding their characteristics according to portfolio (aggregate) credit quality measures and individual customer financial characteristics

Demonstrated credit analysis skills for understanding/tracking and market risk & modeling skills for evaluating related risk exposures

Ability to work with large databases and datasets for extraction and conversion into useful final results with original numbers

Ability to maintain accuracy while handling sensitive data files, working with that data and reconciling final results with original numbers

Ability to adjust to new developments/changing circumstances

Ability to build and foster internal relationships

Strong project management skills

Ability to summarize, document, and communicate information in a clear and concise manner