Sr. Analyst, Operational Risk

Boston, 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:Reviews identified risks and liabilities; informs and recommends resolutions with business lines to mitigate risk potential.Assists in processing risk assessments by analyzing risk data and identifying any plausible risks affecting the business and operations.Operates as a point of contact for the department by responding to internal inquiries regarding policies, procedures, regulatory requirements, and project status updates.Prepares appropriate review memorandum summarizing liabilities and recommends follow-up evaluationsInforms employees on risk policies and guidelines to build a risk aware culture and practice across the organization.Provides procedural guidance and support to junior analysts in the various functions of the department, and in the methods of tools of analysis.Researches a wide variety of topics and issues including emerging risks and trends and risk management best practices; summarizes and communicates findings with team.Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department.Interprets and applies procedures, ensures analysis is documented and that records are maintained.Evaluates risk management contingency plans and reports findings.Evaluates the strengths and weaknesses of existing controls and provides recommendations on opportunities for improvement.Assists senior level staff and management as requested.Performs other duties and responsibilities as assigned. 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: 3+ Years Risk Management/Risk MIS Req Skills and Abilities: Demonstrated practical and theoretical knowledge of risk principles, concepts and policies. Strong quantitative capabilities and analytical skills, including an investigative mindset.Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills. Strong verbal and written communication skills. Ability to build and foster internal relationships.Strong organizational and time management skills. Ability to analyze risk and provide recommendations and/or resolutions to minimize risk.Ability to summarize, document, and communicate information in a clear and concise manner. Ability to organize and prioritize multiple tasks to meet deadlines.Ability to work independently as well as collaboratively within a team environment.Ability to interpret, analyze and apply data/information.Ability to stay abreast of industry best practices, procedures, and techniques.Ability to change direction as project demand dictates.Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner. 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.