Santander · 1 month ago
Associate, Business Control & Risk Management
Dallas
Full-time
Onsite
Mid, Senior Level
$66K/yr - $110K/yr
5+ years expSantander is a global leader and innovator in the financial services industry, and they are seeking an Associate, Business Control & Risk Management. This role is accountable for assisting the Business Control & Risk Management team in driving effective execution against the Enterprise Risk Management Framework, including risk assessments and adherence to policies.
BankingCommercial LendingFinanceFinancial ServicesPersonal Finance
Responsibilities
Drive Risk Culture: Ensure awareness in the Business Line of risk frameworks, policies and standards
Communication & Training: Work with team members and key stakeholders to develop appropriate metrics and deliver relevant and accurate data. Work with internal teams to gain an in-depth understanding of existing risks, causes, severity rating, controls and remediation Maintain two-way communications with SLoD. Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc
Adherence to Risk Frameworks, Policies, and Standards: Partner with SLoD to provide input/review of frameworks, policies and standards. Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards and issue validation. Report and escalate exceptions and facilitate Business Line corrective actions
Continuously monitors all sources of risk existing within the Business Line and externally. Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line. Understand where operational, strategic, reputational, compliance, and model risks exist in the Business Line and continually assess and improve controls to mitigate those risks. Monitor Key Risk Indicators and report on negative/adverse trends in Business Line. Monitor risk profile to maintain tolerance within Risk Appetite
Where applicable, Issue Identification, Management, and Risk Assessment: Conduct RCSA responsibilities including Process Mapping, Risk & Control Matrices, Inherent Risk Assessments, Internal Control testing and Heracles data/input. Engage and hold Business Line process owners accountable to identify and assess risks. Support Business Lines in risk identification (e.g. NPBA, change management, etc.) Ensure all issues (Self-Identified, IA, Credit Risk Review or Regulatory) pertaining to the Business Line are resolved within established timelines. Validate issues to ensure Business Line remediation is sufficient to address root cause and prevent recurrence
Internal Control Testing: Implement and maintain internal control testing and control effectiveness monitoring in the Business Line. Validate the adequacy of controls, escalate deficiencies as appropriate. Identify root causes of control deficiencies/weaknesses and take appropriate action to ensure Business Lines remediate and prevent recurrence
Exam Management: Liaison with the Business Line for all exam related activities including regulatory, Internal Audit and Credit Risk Review. Review materials, responses and validate Business Line remediation work (e.g. artifacts, action plans, etc.)
Support the implementation of Key Risk Indicator (KRI) framework: Formally define and document metric definition details (metric type, provider, approver, numerator & denominator descriptions, source, scope, thresholds, Risk Basel category) in the centralized repository, Support structured metric submission process with established timeline and requirements
Qualification
Required
Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field
5+ Years Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience
Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services
Knowledge of the financial services sector, particularly with the competitive dynamics and products in retail banking and risk management
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
Ability to build credibility with, collaborate with, and influence line of business executives
Strong project management skills
Ability to constructively work both independently and in collaborative environments involving all levels of management and employees
Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels
Ability to build internal and external networks of information resources within the risk management ecosystem
Understanding of BSA/AML and OFAC regulations, regulatory expectations and industry leading practices
Preferred
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education
Company
Santander
Banco Santander is a banking firm that specializes in various banking services including retail, commercial, digital, & investment banking.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2013-05-30Post Ipo Equity
1987-08-07IPO
Leadership Team
Hector Grisi
Consejero Delegado de Banco Santander
Yann Lafargue
Global Head of Marketing & Communications for Santander Digital
Recent News
2026-01-22
Computer Weekly
2026-01-16
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