Santander Bank, NA Operational Risk Analyst V in Boston, Massachusetts

Operational Risk Analyst V - 1806479



The Bank is pursuing strategic hires in the area of Operational Risk, who will become key members of our risk management team. For these roles we are looking for experienced candidates (3-5 years minimum experience), with operational risk expertise preferably with Third Party Risk Management, to act as the Operational Risk Analyst in support of the Business Operational Risk manager for the line of business.

The roles will be focused primarily on the following lines of business: Retail/Consumer Banking Corporate Banking. The candidates will be part of a strong Operational Risk Management team that has a clear role in the Banks second lines of defense. This role will focus on the Banks Corporate Banking Business and will report to the Business Operational Risk Manager Corporate Banking. The Operational Risk Manager/Analyst will support the strategic development, implementation, and effective execution of the Operational Risk program, the key program elements of which cover: Internal loss External loss Risk assessment / business impact assessments KRIs Scenario analysis / stress testing. Training, awareness, and communication. Issues and remediation planning and tracking MIS and reporting. Testing, compliance, and monitoring. The objective in control and management of Operational Risk is to identify, measure/evaluate, control/mitigate and monitor this risk.


  • Contribute to escalation, reporting, communication to Risk Governance Forums.

  • Drive culture of Operational Risk (OR) awareness and participate in the delivery of business-tailored OR Training.

  • Assist in the ongoing oversight of Santander’s Corporate Banking Operational Risk (OR) Framework in support of the first line of defense.

  • Support the creation, management and development of OR program strategy, policies and models within the Corporate Banking Business.

  • Analyze, measure performance, monitor trends, and define limits according for Corporate Banking Op. Risk exposures in accordance to Risk Appetite.



  • Bachelors or Equivalent.

  • At least 3 years’ experience.

  • Prior risk-focused role (3-5 years minimum) in large and complex consumer and/or commercial banking businesses.

  • Effectively support complex project execution/delivery.

  • Experience with Vendor Management or Third Party Risk Management preferred.

  • Integrity, combined with high personal and professional standards.

  • Ability to multi-task with fast paced, often changing portfolio of deliverables.

  • Innovative thinking, paired with a track record of strong tactical execution.

  • Spanish language skills preferred but not required.

  • Highly Analytical.

  • Excellent communication skills verbal and written.

  • Working knowledge of front to back risk management processes.

Job : Risk Management Strategy
Primary Location : Massachusetts-BOSTON


Organization : CRO (8855)
Schedule : Full-time
Job Posting : Oct 10, 2018, 2:47:14 PM