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Santander US Sr . Associate Credit Risk Analytics in Boston, Massachusetts

Sr . Associate Credit Risk Analytics

Req ID: 2104830 Date posted 09/17/2021

The Senior Associate, Credit Risk (Small Business Banking) is responsible for risk concentration monitoring, analysis, and reporting. The incumbent will analyze and summarize current and prospective trend financial characteristics, regulate risk exposure and controls by identifying areas of concern, opportunities, and reports on potential and/or known issues while recommending process improvements. Also, responsible for partnering with the accountable business owner for effective 1st line of defense Risk Management and Controls.

  • Analyzes counterparty portfolio and cross-border risk data, events and trends

  • 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 remediation and implementation to management

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

  • Participates in the development of specialty lending underwriting standards and guidelines as well as being responsible for the overall credit quality monitoring of portfolios, including the review of delinquencies, net charge-offs, sector concentrations, etc.

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

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

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

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

  • Keeps abreast of emerging risk trends and risk management best practices; summarizes and communicates findings with team/ management. Performs ad-hoc projects requiring planning, research, analysis, and recommendations to management via formal presentations and/or written communications

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

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

  • Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship to other team members.

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.

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

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

  • 9-12 years; Financial Services industry experience.,9-12 years; Risk Management, Credit Risk, or Internal Audit, Financial Services industry experience

  • Strong SQL skill is required. Experience with SAS, R, Python or other statistical software is preferred

  • Tableau/PowerBI experience is preferred

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

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

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

  • Adheres to a good root cause analysis process

  • Strong project management skills

  • Excellent written and verbal communication and strong presentation skills

  • 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 experience with initiating and maintaining credit policy governance documents

  • Executes risk management process and procedures without management direction, and demonstrates awareness of expected results

  • Communicates in a timely and straightforward manner importance and benefits of risk management to counterparts

  • Probes for additional information, clarifies assumptions and confirms agreed-upon actions

  • Displays natural skepticism and curiosity to question the status quo and uncover issues

  • Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change

  • Provides assistance and coaches less experienced team members

  • Has an understanding of regulations impacting area supported

  • Ability to manage competing priorities to drive results

  • Takes action to enhance working relationships needed to achieve seamless workflow

  • Has good understanding of current market and competitive landscape; stays current with industry and regulatory trends and emerging risk issues

  • Uses information and data effectively to support a position and present a rational case

  • Ability to adjust to new developments/changing circumstances

  • Minimal physical effort such as sitting, standing, and walking

Primary Location: Boston, Massachusetts, United States

Other Locations: Massachusetts-Boston

Organization: Santander Bank, N.A.

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.

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